Say ‘goodbye’ to green screens.  Coming up next is ‘nxgen’, a new generation of General Insurance System (GIS).  FORMIS BASS is adopting 4J’s Genero Business Development Suite (BDL) to deploy our GIS application to GUI and the database to an independent platform.  With the release of 4J’s Genero, the same client server application can be deployed via internet access with no changes in the source codes.  Thus, the application is web-enabled.

4J’s www.4js.com held a roadshow seminar at the Sheraton Imperial Hotel, KL on 27th June 2007.  FORMIS BASS’s customers who were invited are looking  forward to the release of  nxgen-GIS in Q4 2007.

(Picture) - Our General Manager, Mr. Michael Tay with the CEO and founder of 4J’s Mr. Jean Georges Schwartz.

We have received some queries about Formis Resources Berhad (FRB) financial performance for FY2006/07, which reported a loss of RM4.4million. We hope the following explanation provide you with a better perspective of the situation:

• For the FY06/07, FRB’s Profit from Operations was RM6.95milliion.
  
• In compliance with the new Financial Reporting Standards (FRS), FRB took write-off of RM17.67million for impairment of goodwill and provisions for bad debts. In addition, there was a book gain of RM6.35million from the sale of Applied Information Management Services Sdn Bhd and asset write-backs. Therefore, the net effect is RM11.32million in write-off.
  
• The difference between Profit from Operations and net write-off is the reported Net Loss of RM4.4million.
  
• To comply with the Financial Reporting Standard (FRS) requirements, FRB will continue to assess its goodwill (now valued at RM 140 million) to ensure that it is always positive.
  
• Financially the Group is still sound and strong.

Please note that this should be the standard clarification in response to queries from our business partners and customers.

Thousand apologies for the "siaran tergendala". Our blog experienced some infection and Dr Leion has cleaned it up, and gave the blog a clean bill of health.

12th June. Diversified Gateway Berhad organized an event for its partners and customers showcasing Foundry Networks - The power of performance. 

We had a positive crowd. Mr Wing Hong and Mr Frankie from Foundry Networks presented on their products which impressed our business partners and customers.  

There were even live demo where Foundry Networks showcased their hitless upgrades with zero packet loss. (For some of the viewers out there, hitless upgrades are simply an upgrade to a network core switch CPU without having downtime to the network.) 

Photographs of happy organisers and participants  (on top) and  MLX4, the product from Foundry Networks ( on the right).

May 18th – 10th Floor Menara SMI.

First Solution Sdn. Bhd. (FSSB) and NCB TechVision Sdn. Bhd. (NCB) with the support of Applied Business System Sdn. Bhd (ABS) and Oracle held a Live Demo session to educate the Financial Sector audience on a breakthrough Two Factor Authentication Software which brought security measures for the Internet Banking Environment to the next level.

Hmmmm? Next level?

Have you heard of any Authentication Software that is token and on-time password algorithm supported?

This is how NCB's product called mySecuID proves its innovative and cost effective potential. Above all brings peace of mind towards both the internet banking users and providers from 'Man-In-The-Middle Attack' threats.

LIVE DEMO COMPONENTS

Magician:  Raymond Chin

Software Application : mySecuID - Multifactor Authentication Software

Hardware : IBM System pTM

Hardware Operating System: AIX 5.3TM ML04

Database: Oracle DB 10g Enterprise Edition & Oracle RAC

Application Server: Websphere Application Server 6.0

The above infrastructure were stationed in IBM Plaza Bandar Utama. The terminals in Menara SMI were connected to it via Cisco VPN connection.

Above: Mr. Raymond Chin, founder of NCB presented an amateur David Blaine act to the audience.