Singapore Power E-Services and Horizon JV to build intelligent town

SINGAPORE, 12 July 2000 -- Singapore Power's e-commerce subsidiary, SPE-Services and Horizon.Com Limited ("Horizon") have signed a 65/35 joint venture agreement to developand operate a town portal, canTown.

SINGAPORE, 12 July 2000 -- Singapore Power's e-commerce subsidiary, SP E-Services and Horizon.Com Limited ("Horizon") have signed a 65/35 joint venture agreement to develop and operate a town portal, canTown.com.sg (canTown), for the various townships in Singapore.

Already underway are steps to build Singapore's first intelligent towns to provide a one-stop gateway for residents to obtain information and services pertaining to their communities. The Marine Parade and East Coast townships will be among the first to realize their intelligent town when the canTown infrastructure is launched in their township. Marine Parade's canTown portal is expected to be ready by September this year.

The expected transaction volume for the first year when all the 13 Town Councils participate in canTown is between S$16 to S$20 million. Each subsequent year will see higher transaction levels as PC owners and systems familiarity increase.

Through canTown, the 13 Town Council residents will no longer be limited in their interaction by council opening and closing times. The canTown portal will provide a 24-hour online service to all residents. Services available range from an amenities search, to on-line and real-time booking and payment of town facilities.

Residents can find out about the latest events and happenings in the town through the portal. Information such as HDB upgrading programmes and Town Council services can also be easily obtained.

canTown will enable retailers in the HDB heartland to e-commercialize their businesses within their local community, thereby helping them reach out to consumers at minimum marketing costs. Residents will benefit from the convenience of having a wide range of products and services available near their homes. Getting a handyman or a locksmith in the neighborhood in an emergency, or ordering a cake or a bouquet of flowers that you can pick up on your way home will be just a click away.

Knowing your town well and finding your way around will be made easier with the availability of interactive on-line maps. This will help residents know their town better as details of the town including the roads, landmarks, amenities and facilities will be shown.

canTown leverages on the strengths of SP E-Services' portal expertise, customer database and interactive map data. It further leverages on Horizon's subsidiary Horizon.iTech's domain expertise in developing and managing the Estate Manager and Administration System (EMAS) for town councils in Singapore, and on Horizon's portal engine and tools.

Lt-Gen (Ret) Ng Jui Ping, Executive Chairman of Horizon said: "The intelligent township is clearly the way to go. Not only is it in line with the Singapore Government's call to develop in Singapore an intelligent online community, canTown incorporates scalable architecture that will enable this "intelligent town" concept to be easily adapted to other townships and provinces in the Asia Pacific. Horizon is committed to doing its part, along with SP E-Services, in taking canTown overseas".

About SP E-Services
SP E-Services Pte Ltd is a fully owned subsidiary of Singapore Power Limited. It owns and operates the can.com.sg map-based search engine, which currently houses four vertical portals.

Can.com.sg leverages Singapore Power's powerful map database and wide customer reach to develop useful applications that meet the daily needs of Singapore businesses and consumers.

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