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1. Cyberport Wins "Intelligent Building of the Year" Award

1. Cyberport Wins "Intelligent Building of the Year" Award
Hong Kong Government, 12 June 2004

The following is issued on behalf of Hong Kong Cyberport Management Company Limited:

Hong Kong Cyberport has just received the internationally acclaimed Intelligent Building of the Year Award 2004 from Intelligent Community Forum, presented in New York City on 11 June 2004. The IT flagship of Hong Kong is being praised, not just for its state-of-the-art IT infrastructure and beautiful architecture, but more importantly the role model that it sets for future IT-connected community.

Hong Kong Cyberport Management Company Limited (website: www.cyberport.com.hk), the management company of Hong Kong's IT flagship owned by the Government of the Hong Kong SAR, announced today (June 12) that the project has won the "Intelligent Building of the Year" award at the Intelligent Communities Conference and Awards 2004 (please see www.intelligentcommunity.org) held in New York City, USA on 11 June 2004. The award is given to commercial buildings that have used broadband and information systems technology to add demonstrable value in the form of advanced services and merits to its tenants.

"I am extremely pleased to see Cyberport winning this prestigious award", said Mr Nicholas Yang, Chief Executive Officer. "New technologies are vital tools in our society today to improve our productivity and quality of life. We must not forget, however, that technologies only facilitate the value creation and acceleration process." Mr Yang said. "Cyberport is a platform which focuses on creating value out of technologies. Its ideal tenants are in the content creation and management business that would use Cyberport as the delivery platform to grow their business - fast".

At the award presentation ceremony, Mr Mark O. Clift, Director (Campus & Project Management) who represented Cyberport said: "Hong Kong Cyberport is a vision of the HKSAR Government to create the IT-interconnected community of the future. Its grade A commercial offices, interactive shopping centre, five-star hotel, and just over 2,900 units of luxury apartments are linked together by an internal fibre-optic network that integrates people, technology and business."

"We have a lot to offer at Cyberport. Apart from the 24/7 network operations centre and the high-bandwidth fibre-optic network, we operate a multi-million dollar Digital Media Centre for the creative digital multimedia industry in Hong Kong. Cyberport also has a Wireless Development Centre, a one-stop wireless applications development, testing, and delivery platform that significantly reduces developers' time-to-market.", said Mr Yang. He added that: "It is apparent that no typical real estate development would invest into value-added facilities like these. Cyberport is a project that Hong Kong is proud of and we are thrilled to see that it is now being internationally recognized."

About Cyberport

Cyberport - Hong Kong's IT Flagship - is a US $2 billion (HK$15.8 billion) landmark project managed by Hong Kong Cyberport Management Company Limited and wholly owned by the Government of the Hong Kong Special Administrative Region (HKSAR). The project is being developed on a 24-hectare site at Telegraph Bay in the southern district of Hong Kong Island. It comprises four office buildings, a five-star hotel, a retail entertainment complex and a deluxe residential development, aiming at creating an interactive environment that will be home to a strategic cluster of more than 100 IT companies and over 10,000 IT professionals. The project is being completed in phases from mid-2002 to 2007.