VSTECS : Named Microsoft Cloud Solution Provider Partner in Malaysia

VSTECS BERHAD (Registration No: 199501021835)(351038-H)Lot 3, Jalan Teknologi 3/5, Taman Sains Selangor, Kota Damansara 47810 Petaling Jaya, Selangor, Malaysia.

Tel: [phone] Website: www.vstecs.com.my

Press Release - For Immediate Distribution

VSTECS Named Microsoft Cloud Solution Provider Partner in Malaysia

Kuala Lumpur, Malaysia, 28 June 2021 - VSTECS Berhad (VSTECS, 偉 仕 佳 杰 , Stock Code:5162) ("VSTECS" or the "Group"), Malaysia's leading Information & Communications Technology ("ICT") distributor through its wholly-owned subsidiary, VSTECS Astar Sdn. Bhd., has been named a Microsoft Cloud Solution Provider (CSP) partner. This designation allows VSTECS to support the complete customer lifecycle and help customers drive new business value through cloud by owning the entire billing process and directly managing support services. In addition, we will also be able to package our own tools, products and services to offer comprehensive cloud services to the market.

VSTECS' designation as a Microsoft CSP comes at an opportune point as the nation embarks on the MyDigital blueprint where cloud adoption is one of the key priorities. Microsoft had in April 2021 announced its "Bersama Malaysia" initiative towards empowering Malaysia's inclusive digital economy and advancing the nation's digital transformation. In April, Microsoft announced its plans to establish its first datacentre region in Malaysia to deliver trusted cloud services locally, with world-class data security, privacy, and the ability to store data in-country.

Mr Soong Jan Hsung, Chief Executive Officer of VSTECS Berhad stated, "The COVID-19pandemic has undoubtedly accelerated migration towards cloud, with businesses optimising online presence, adopting remote working and moving to cloud hosting. We aim to leverage on the combination of Microsoft's cloud offerings and VSTECS' leading market position in Malaysia to accelerate cloud adoption in key industries across both the public and private sectors. VSTECS is committed to this relationship and has invested in a dedicated cloud team to assist our current resellers and their customers to power their digital transformation by embracing cloud."

Mr Yeo Swee Key, General Manager, Global Partner Solutions of Microsoft Malaysia said, "Innovation in the cloud has become a critical enabler for organisations to build resilience in a digital era. We are pleased to welcome VSTECS into our partner ecosystem. We look forward to delivering trusted and secure cloud solutions to our customers, accelerating cloud-first transformation and helping every organization in Malaysia to achieve more."

About VSTECS Berhad

VSTECS Berhad ("VSTECS"), and its subsidiaries, is a leading distribution hub for Information & Communications Technology ("ICT") products, enterprise systems and provides ICT support and technical services in Malaysia. Listed on the Main Market of Bursa Malaysia Securities Berhad, VSTECS is an associate company of VSTECS Holdings (Singapore) Limited which is in turn held by VSTECS Holdings Limited, a company listed on the Hong Kong Stock Exchange.

VSTECS distributes a comprehensive range of ICT products with over 40 leading principals with a nationwide channel network of more than 6,600 resellers comprising retailers, system integrators and corporate dealers. For more information, please visit www.vstecs.com.my.

Issued by: IBES Advisory Sdn Bhd on behalf of VSTECS Berhad

Date: 28 June 2021

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