ST Engineering's Electronics Arm Wins S$86M Integrated Resort Contracts

Singapore, 29 December 2008 - Singapore Technologies Engineering Ltd (ST Engineering), today announced that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has been awarded contracts worth about S$86m to provide an Integrated Security System, an IT Infrastructure System and a Carpark Guidance & Payment System to Resorts World at Sentosa (RWS) on Sentosa.

The contracts were awarded through ST Electronics' subsidiary, ST Electronics (Info-Comm Systems) Pte. Ltd.These contracts are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

The award of the contracts marks a milestone for ST Electronics as it is the company's first major win from an Integrated Resort.

Work begins immediately and ST Electronics will deliver the systems for RWS on Sentosa over the next 24 months.

It will provide project management, system integration, site management and test and commission the three systems - Integrated Security System, IT Infrastructure System and Carpark Guidance & Payment System.

The Integrated Security System will provide integrated surveillance and video monitoring of RWS' facilities and attractions, including its casino, as well as Universal Studios Singapore.

The centrally managed system will ensure that daily security operations progress seamlessly and efficiently.

The IT Infrastructure System will comprise the network infrastructure system, the structured cabling system and the building of data centres to support the data, video and audio transmission requirements of RWS.The Carpark Guidance and Payment System will provide guidance information and direct vehicles to vacant lots based on a zonal approach.

This system is coupled with an electronic payment system to handle carpark fee collections.
"The security and efficiency that will result from this system provided by ST Electronics will be translated to enhancing the guest experience when Resorts World at Sentosa opens to 15 million visitors in its first year of operations." ~ Michael CHIN, Executive Vice President, Projects, Resorts World at Sentosa

"As a leading solutions provider in integrated security systems and infrastructure, we are delighted to win this series of contracts that brings together our proven technologies, related services and expertise to benefit Resorts World at Sentosa (RWS), a world-class Singapore Integrated Resort.

These comprehensive systems will provide a safe and secure environment that will make RWS a great place for entertainment, edutainment and leisure." ~ SEAH Moon Ming, President, ST ElectronicsST Electronics has significant expertise in intelligent building management and security solutions. Some of its projects include the Dubai Festival City; Thai Airways Security Centre; Beijing's Capital Museum, Singapore Management University and Capital Tower. ST Electronics' carpark management systems is currently implemented in the Esplanade, Plaza Singapura, Tampines Mall, CapitaMall Trust, IMM and Bugis Junction.

It has also established large-scale info-communication network for the Maldives Government and the Singapore Prison Service's Changi Prison Complex Cluster B.

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