(Hong Kong, 28 March, 2011) – Automated Systems Holdings Limited (the “Group” or “ASL”) (SEHK stock code: 771), a leading IT services provider in the region, announced that ASL Security Solutions Limited, a wholly-owned subsidiary of the Group, has conditionally acquired the entire equity interest of i-Sprint Innovations Pte Ltd. (“i-Sprint”) on 28 March 2011 ¹(the “Acquisition”). Upon completion of the Acquisition, i-Sprint will become a wholly-owned subsidiary of the Group.

The aggregate consideration for the acquisition is approximately S$7,900,000 (about HK$47,400,000), subject to adjustment, which will be settled in cash through five instalments. The audited profit from operations before interest and tax of i-Sprint for the financial year ended 31 March, 2010 was S$260,831 (about HK$1,564,986). Incorporated in Singapore, i-Sprint is principally engaged in the business of developing, distributing, implementing and supporting technology risk management products. These products are suitable for financial and insurance institutions and corporations with high security demand environments that require credential and assess management solutions globally.

Mr. Simon Leung, Executive Director and Chief Operating Officer of Automated Systems Holdings Limited, said, “The Acquisition will allow us to immediately expand our geographical span to more countries worldwide, particularly in the Asia Pacific region. Our leadership in the IT market will also be strengthened as our customer base, particularly in financial services and insurance sector (FSI), will be enlarged with deeper account penetration. The addition of i-Sprint products and technologies will enable the Group to expand its credential and access management solutions while enriching the existing security solution offerings. With i-Sprint, we will better serve our regional customers with broader security and higher levels of satisfaction and quality.”

i-Sprint products have been market-proven for 10 years and are recognised by the world’s leading information technology research and consultancy companies. The company was also rated and recognised among the Top 100 private companies in Asia by Red Herring Asia in 2005. i-Sprint's products and solutions are used by Asia Pacific customers across various industries. Half of its customers are financial institutions and many of them are local leaders with a global presence. Its clients include a global private bank headquartered in New York and directly represented in 33 countries, a top 10 China bank based in Shanghai, one of Singapore’s largest banks, a leading education and statutory organisation in Singapore, the largest mobile Telco in Japan, a renowned global container terminal, among others. The track record of i-Sprint fully demonstrates its world-class technologies that can bolster security within even the most demanding IT environments in the FSI industry.

ASL’s acquisition of i-Sprint enables the Group to become a powerhouse provider of Credential and Access Management solutions and expand the Group’s security solution offerings. By seamlessly integrating i-Sprint with the portfolio of other security solution of ASL and Beijing Teamsun Technology Co. Ltd. (“Teamsun”), the Group’s ultimate controlling shareholder, the Group will be able to provide 360o authentication and credential management solutions which can address the increasing demand for IT-based security solutions generally driven by sophisticated threats, more regulatory compliance requirements, greater usage of remote access and new delivery models for services, such as cloud computing and software-as-a-service. ASL’s professional services in the security solutions market can assist organisations of all sizes to enforce their corporate security policy and manage governance, risk and compliance processes with a quality which exceeds their expectations.

In view of the Multi-Level Protection Scheme policy in mainland China to support locally produced security solutions and the extensive support from Teamsun, the acquisition places the Group in an excellent position to bring i-Sprint solutions to customers operating in Greater China or entering into it. The synergies of the two groups are expected to further fuel the Group’s business in Greater China, which continues to expand in what is among the fastest-growing regions in the world.

Furthermore, i-Sprint’s 10-year proven software development process and intellectual property (IP)’s creation experience can facilitate the Group’s strategic plan on IP development which is beneficial to the long-term growth of ASL.

Commenting on the acquisition, Mr. Albert Ching, Founder & CEO of i-Sprint Innovations Pte Ltd., said, “The acquisition will allow us to immediately expand into the anticipated lucrative Greater China market where ASL has a strong presence. By combining i-Sprint’s market-proven and globally deployed technology with ASL’s breadth of hardware, software and one-stop services, i-Sprint and ASL will be well-positioned to compete more effectively in the security solutions market across various industries, contributing to a higher growth.”

The Acquisition will be completed at a date falling 3 Business Days after the fulfillment or waiver of all conditions and is exempted from Shareholder’s approval requirement in accordance with the Listing Rules. Upon Completion, i-Sprint’s results will be consolidated into the accounts of the Group.

“Looking ahead, ASL will continue to explore other business opportunities in the Asia Pacific region that complement the Group’s current mix of business operations. With improved economy of scale and strong synergies that will be brought to the Group from this acquisition, we are confident that i-Sprint’s margins can contribute to better returns for our shareholders. With our excellent strategic maneuver, we believe our goal of becoming one of the leading IT services providers in the Asia Pacific region will soon be realised.” Mr. Leung concluded.

For further details, please refer to the ASL’s announcement dated 28 March, 2011.

- End -

About Automated Systems Holdings Limited
Automated Systems (HK) Limited was founded in Hong Kong in 1973 and was listed on The Stock Exchange of Hong Kong Limited under the name of Automated Systems Holdings Limited (“The ASL Group” or “the Group”) (Stock Code: 771) in November 1997. The ASL Group's ultimate controlling shareholder is Beijing Teamsun Technology Co., Ltd. whose shares are listed on the Shanghai Stock Exchange (Stock Code: 600410). The ASL Group, consisting of Automated Systems (HK) Limited, ELM Computer Technologies Limited, CSA Automated (Macau) Ltd., Taiwan Automated Systems Ltd., Guangzhou Automated Systems Limited and ASL Automated (Thailand) Ltd., offers professional information technology services to corporate clients in Hong Kong, Taiwan, Macau, Mainland China and Thailand. After over 37 years of success, the ASL Group has established its reputation as a leading information technology services provider in the region.

The Group has over 1,600 employees dedicated to delivering a comprehensive one-stop service including applications and software development, consultancy, systems integration, maintenance support, help desk, outsourcing and training to corporate customers across all industries. With its strong commitment to quality services, the ASL Group has been winning well-known clients such as government agencies, prestigious universities, telecommunications giants, transportation enterprises, major financial institutions, and leading international corporations.

For more information, please visit our web page at http://www.asl.com.hk

About i-Sprint Innovations Pte Ltd
i-Sprint Innovations is a boutique Credential and Access Management Solutions provider for global financial institutions and high security sensitive environments. We offer banks a suite of integrated, enterprise-class solutions that perform centralized administration, authorisation, authentication, and single sign-on features. Several of our products have been reviewed, rated and recognized by reputable global industry analysts, including Gartner Group since 2006. Touted by Gartner Group as “battle tested” in “demanding financial environments”, i-Sprint maintains the highest value and reliability rankings amongst its clients, and is a reputable name in the financial world.

For press enquiries
Strategic Financial Relations Limited
Vicky Lee 2864 4834 (vicky.lee@sprg.com.hk)
Maggie Au 2864 4815 (maggie.au@sprg.com.hk)
Roby Lau 2114 4950 (roby.lau@sprg.com.hk)
Fax: 2804 2789 / 2527 1196
Website: www.sprg.com.hk



¹ As defined in the Group’s announcement dated 28 March, 2011

For more information about Enterprise AdminGuard, please contact:
Mr. Kah-Hoe MAH, kah-hoe.mah@i-sprint.com
For more information about WindowSecurity.com email info@windowsecurity.com

December 25, 2008 - Leading Windows Security resource site, WindowSecurity.com, announced today that Enterprise AdminGuard was selected second runner-up in the Network Auditing category of the WindowSecurity.com Readers' Choice Awards.

"Our Readers' Choice Awards give visitors to our site the opportunity to vote for the products they view as the very best in their respective category," said Sean Buttigieg, WindowSecurity.com manager. "WindowSecurity.com users are specialists in their field who encounter various network security solutions at the workplace. The award serves as a mark of excellence, providing the ultimate recognition from peers within the industry."

WindowSecurity.com conducts monthly polls to discover which product is preferred by Network Security administrators in a particular category of third party network security solutions. The awards draw a huge response per category and are based entirely on the visitors' votes. WindowSecurity.com visitors can submit their votes for the current Readers' Award poll in the site's left-hand bar.

About Enterprise AdminGuard
Enterprise AdminGuard (EAG) facilitates the capture and review of system administration activities. This product empowers organizations to audit and safeguard multiple Windows servers from potential misuse by administrators. EAG establishes accountability among system administrators, operators and database administrators, by recording every mouse click and key-stroke, and furnishing exhaustive session-based audit trails. EAG acts as a virtual video recorder to allow all activities performed by powerful administrators to be recorded and reviewed by an independent third party.

About WindowSecurity.com
WindowSecurity.com (http://WindowSecurity.com) is a Microsoft Windows Security resource site. It is the leading Windows Security site, attracting over 440,000 Security administrators and specialists a month. The site provides the latest Windows Security Services, articles and tutorials by leading Windows Security experts, message boards, software listings and product reviews. WindowsSecurity.com forms part of a group of sites run by TechGenix Ltd., including http://www.windowsnetworking.com - a comprehensive Windows Networking resource site; http://www.msexchange.org, a Microsoft Exchange Server resource site; http://www.msterminalservices.org, a Server Based Computing resource site and http://www.isaserver.org, a Microsoft ISA Server resource site

About i-Sprint INNOVATIONS
i-Sprint Innovations specializes in Credential Management solutions for global financial institutions and high security sensitive environments. Our mission is to deliver a suite of bank-grade, integrated enterprise class application security solutions to address Access Control, Single Sign-on and Strong Authentication requirements. i-Sprint's own unique brand of security products, intellectual properties and patents are designed to exceed global financial services regulatory requirements. Our Client list includes leading global and regional financial institutions, MNCs and government agencies

All product and company names herein may be trademarks of their respective owners. ###

Singapore, November 20, 2008 - i-Sprint Innovations, Asia's premier Credential and Access Management Solutions provider, today announced it has again been mapped into Gartner, Inc.'s Magic Quadrant for Enterprise Single Sign-On report, authored by Gregg Kreizman and published on September 18, 2008. i-Sprint Innovations AccessMatrix Universal Sign-On (USO) is a non-intrusive Enterprise Single Sign-On solution that enables organizations to achieve single sign-on to multiple applications and systems.

The Gartner report stated, "Enterprises continue to make tactical investments in ESSO to resolve the problem of users having too many passwords, with no relief in sight for the next two to three years." According to Gartner, "i-Sprint Innovations AccessMatrix Universal Sign-On (USO) can segregate administrative duties, and optionally may require two different users to perform administrative functions, or require two users to login to particular target systems. This unique feature was developed for banking environments." Throughout the years, i-Sprint Innovations has been successful in capturing financial services market in the Asia/Pacific region and the USA. i-Sprint Innovations positioning by Gartner is an acknowledgement of i-Sprint's continued commitment to providing a comprehensive credential and access management solutions to fulfill the needs of our banking customers around the globe.

i-Sprint will release AccessMatrix V.5, to further improve the scalability and inter-operational features of the tried and tested security infrastructure to further ensure relevance and competitiveness their products well into the next decade.

AccessMatrix is a technology that provides centralized authentication, authorization and audit services for users to securely access different e-commerce and enterprise resources e.g. web and application servers. It provides centralized and comprehensive policy management services for administrators to easily and effectively manage application permissions, user privileges, and security policy throughout the entire organization.

All AccessMatrix products are built atop a common framework that enables our Clients to leverage on a proven bank-grade compliant 4-A infrastructure. This foundation allows for an integrated , no-holes approach upon deployment into our enterprise customers' existing identity management platforms to deliver immediate benefits with significant productivity and security enhancements.

For more information about the Magic Quadrant :http://www.gartner.com.

For more information about AccessMatrix Universal Sign-On Enterprise Single Sign-On solution.

For more information about i-Sprint Innovations - The Credential and Access Management Company

About the Magic Quadrant

The Gartner Magic Quadrant is copyrighted September 2008 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors' measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

*Source: Gartner Research. "Magic Quadrant for Enterprise Single Sign-On" by Gregg Kreizman. September 18, 2008.

About i-Sprint Innovations Founded in 2000, i-Sprint Innovations is the premier Credential and Access Management Solutions provider for global financial institutions and high security sensitive environments. Rated and recognized as the Top 100 private companies in Asia by Red Herrings Asia in 2005, i-Sprint maintains the highest value and reliability rankings among its clients, and is one of the most recognized names in the financial world. The company currently has offices in Singapore, Malaysia, Thailand, Japan and USA and active authorized implementation partners worldwide.

Contact:
Mr. Albert Ching
i-Sprint Innovations
email :albert.ching@i-sprint.com
Tel: +1-201-882-2822