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Fargo Telecom Asia and SustainAsia form a Joint Venture : Greenware

Date: Oct. 26, 2009

FOR IMMEDIATE RELEASE
Fargo Telecom Asia and SustainAsia form a Joint Venture to commercialize intelligent green monitoring solutions for wireless monitoring and optimization of remote assets under the Greenware Technologies® brand.

Hong Kong (China) – Wednesday, 13 October 2009
Fargo Telecom Asia and SustainAsia have formed a Joint Venture to provide intelligent green monitoring solutions. This association reflects the desire of the two companies to deliver end-to end solutions for wireless monitoring and optimization of remote assets under the Greenware Technologies® brand.

The Greenware Technologies® solutions developed in partnership between SustainAsia and Fargo Telecom allow real time detection, integration and monitoring of remote assets for material and resources efficiency, optimization, security, safety and tracking. The Greenware Technologies® adds sustained value to our clients in a broad range of applications ranging from: renewable energy and utilities, energy and water resources management, green infrastructure and buildings, supply chain management, diagnostics & maintenance. Greenware Technologies® is a unique combination of SustainAsia’s knowledge and expertise of the Greentech space with Fargo Group leadership in the field of high-tech wireless communication in the emerging economies of Asia.

Paul Clerc-Renaud, Managing Director of the Fargo Group, is very optimistic on this Joint Venture creation: “we found that the market needs specialist in both niche applications as well as wireless technology. Our association with SustainAsia is made in this spirit and Fargo Telecom Group will bring more than ten years experience in the machine-to-machine communications in Asia but also in Europe and America through their wireless gateway brand Maestro Wireless Solutions. “

Chris Bongars, CEO and founder of SustainAsia, was delighted about the new partnership: “We have observed in recent months an acceleration in the adoption of smart Information and Communication Technologies (ICT) towards a greener agenda. Asia and globally: we believe our Joint Venture with Fargo Telecom is a timely development to address such demand.”

Greenware Technologies® will attend Eco Expo Asia - International Trade Fair on Environmental Protection from Octobre 28th to October 31th, AsiaWorld-Expo, Hong Kong International Airport, Lantau, Hong Kong.

About Fargo Telecom: Fargo Telecom: Fargo Telecom group is a Hong Kong based and 10 years experienced m2m solution provider focusing on the provision of wireless communication for industrial application such as Automatic Meter Management, Home automation, wireless Alarm, Sales and payment, as well as vehicle tracking. The Fargo Group has three core activities:
- Distribution of GSM/GPRS /3G/ RF / GPS /Wifi modules in China, India, Vietnam
www.fargotelecom.com
- Manufacturing and resell through our distribution network (40 around the world) M2M wireless modem, and multi-techno gateway. Our brand being MAESTRO www.maestro-wireless.com
- Service : system integration of wireless modules, custom design of hardware, software and mechanical, Manufacturing services, industrial sourcing. www.smart-gears.com

About SustainAsia: SustainAsia is a leading corporate and investment advisory firm specialized in sustainability and clean technologies (including renewable energy and energy efficiency) in Asia Pacific. SustainAsia provides consultancy and advisory services to investors, industry leaders and high performance businesses seeking to enhance their long-term economic and environmental performance. SustainAsia also provides regional expertise to investors and companies from the cleantech (including clean energy) and eco-efficiency (including energy effi-ciency) sectors, as well as independent assessments of investment and market opportunities, in view of accelerating their growth in China, South East Asia and the Pacific region. http://www.sustainasia.com
SustainAsia is the Asia Pacific partner of Enablon http://www.enablon.com a global leader in risk, compliance and governance software applications

Contacts:
Xavier Dupont, Managing Director, Fargo Telecom Group Ltd
E: xavier.dupont@fargotelecom.com
T: +852 2869 0688
W: http://www.fargotelecom.com/

Christophe Bongars, CEO SustainAsia Ltd
E: info@sustainasia.com
T: +852 3667 9118
W: http://www.sustainasia.com

Nicolas Schmitt, Managing Director, Greenware Ltd
E: info@greenware-technologies.com
T: +852 3667 9118
W: http://www.greenware-technologies.com




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