"Gold Reseller" represents the highest level of demonstrated commitment to Nokia in the worldwide Nokia Channel Accreditation Program. The success of this program is achieved through the accredited resellers & distributors, whose valuable contributions elevate the visibility and value of the Nokia brand. It also establishes Nokia Internet Communications products as the product of choice in the IP Networking space. Through this program, resellers can win business through leveraging sales and marketing expertise, competence and knowledge gained through technical and sales certification, and the close working relationships based on Nokia approach of "direct touch - indirect fulfillment".

As a Nokia Gold Reseller, Wafer Systems needs to attend both the Sales and Technical Certification courses, covering Nokia Internet Communications Quickstart, IP Security, VPN Solutions, RealSecure for Nokia, Nokia Security/NSS Administration, and Nokia VPN Gateway Administration. Certification ensures that Wafer Systems' technical team is knowledgeable and also self-sufficient in engineering and support functions for all represented Nokia Internet Communications products.

Mr. Peter Luk, General Manager, North Asia, Nokia Internet Communications said, "We are extremely pleased that Wafer Systems has fully satisfied our Nokia Channel Accreditation Program requirements as a Gold Reseller. Wafer Systems is one of the two local Gold Resellers in Hong Kong. The Program ensures that we attract and maintain a controlled number of the highest quality resellers to carry Nokia portfolio of solutions. In view of the partnership with Wafer Systems, we'll both achieve greater success in the IP networking market and benefit end user customers. "

Mr. Ringo Chan, Chief Executive Officer of Wafer Systems, said, "We are honored to be such a valued reseller in selling Nokia Internet Communications products, providing us with the tools to develop and support a loyal, growing customer base. The recognition also reinforces our ability to offer better professional services and a wide variety of Nokia products. Leveraging our expertise and our own capabilities in R&D, together with Nokia's full support, we remain as a leading provider in networking products and services."

To further foster relationships with Nokia and clients, Wafer Systems held a seminar centred on the theme "Protecting your Network and Data Against Bugs, Hackers and Burglars" in Oh Bar Restaurant in Wan Chai on July 11, 2001. Mr. Stanley Chung, Vice President, Hong Kong Operation of Wafer Systems, presented the opening remarks and Mr. Peter Luk of Nokia was invited to present the topics covered network security solutions for e-business network. The seminar received an overwhelming response with over 100 participants.

Mr. Chan concluded, "In line with Wafer Systems' "customer-focused" philosophy, the seminar not only act as an effective and convenient communications channel to introduce our latest technology and products to existing and potential customers but also perform an important role in enhancing our relationships with customers through face-to-face interaction."

About Wafer Systems
Headquartered in Hong Kong, Wafer Systems aims to become a leading Total Solutions Provider of Next-Generation Infrastructure. It has six offices with around 150 employees in the Hong Kong/PRC, and a strong customer base that includes leading multinational corporations in major industry sectors such as finance, posts and telecommunications, as well as government departments.