30-year IT Veteran to Lead and Develop Future Business 

News Release – July 23, 2014

(Hong Kong, 23 July 2014) – Automated Systems Holdings Limited (‘ASL’ or ‘the Group’) (SEHK stock code: 771), a leading IT services provider in the region, today announced that it has named Mr. Leung Tat Kwong Simon as Chief Executive Officer (‘CEO’) effective July 23, 2014. Currently, Mr. Leung is the Chairman of i-Sprint Innovations Pte Ltd (“i-Sprint”) and serves as a Director of the Board of Teamsun responsible for new business ventures, mergers and acquisitions and capital investment activities. He is also a Director and Co-Founder of AsiaSoft Company Limited (“AsiaSoft”). In his role as CEO, he will focus on strengthening ASL’s current position as a leader in IT services and solutions in Asia Pacific, in addition to his current roles and responsibilities.

Mr. Hu Liankui, Chairman of the Board of Automated Systems Holdings Limited said, “The Board is impressed by Mr. Leung’s extensive background in strategic planning, business growth, M&A, financial and operation management. The acquisition of i-Sprint, which was wholly orchestrated by Mr. Leung, has proven to be a successful capital investment of ASL. The recent transaction completed for shares subscription by strategic investor, Great Ally Investments Limited, a wholly-owned subsidiary of the Peregrine Greater China Capital Appreciation Fund, L.P., was another significant milestone for i-Sprint. We believe that Mr. Leung’s leadership will enable Automated to continue its direction to achieve its mission and vision.”

Mr. Leung joined the Group in 2009 as Executive Director and was subsequently appointed as the Chairman of i-Sprint after its acquisition by ASL since 2011. i-Sprint, an associate company of ASL, is a Singapore-based and premier Identity, Credential and Access Management Solution provider for global financial institutions and high security sensitive environments. The value of i-Sprint has greatly accelerated after the acquisition under Mr. Leung’s leadership and execution of a rapid growth plan.

With over 30 years of experience in the high-tech industry, Mr. Leung has proven track record in holding positions in business development, financial and operation management at multinationals such as Wang Pacific Limited, Unisys China Limited, Philip Morris Asia Inc. and Exxon Chemical Asia Pacific Ltd. Mr. Leung spent 17 years with Sun Microsystems Inc. where he held several senior positions, last being Managing Director (Greater China) and a Corporate Director of Sun Microsystems Inc.

Mr. Leung has also been recently appointed as an adjunct professor of Beijing Institute of Technology, Zhuhai.

Mr. Leung holds a Bachelor of Science Degree in Business Computer Method and a Master’s Degree in Business Administration from the California State University, Long Beach, the United States of America.

“I am honored to have been appointed into this role, and excited about the possibilities that lie ahead for the company. I look forward to working closely with the members of the Board and the professional executive team in leading the company and embarking on our next growth phase across Asia Pacific.” said Simon Leung, newly appointed Chief Executive Officer of Automated Systems Holdings Limited.

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