Cisco and Aretae launch Internet Powered Property

Internet Powered Property|launched by Cisco Systems, Inc. and Aretae Interactive|aims to accelerate both broadband access adoption and the digital lifestyle evolution in Singapore.

Internet Powered Property aims to accelerate both broadband access adoption and the digital lifestyle evolution in Singapore.
by Ariel Tam

SINGAPORE, 25 July 2000 - Cisco Systems, Inc. and Aretae Interactive Ltd. have launched a new technology solution called Internet Powered Property (IP2).

Aimed at property developers, property management companies, mechanical and engineering consultants, architects, interior designers and systems integrators, IP2 is designed to equip the real estate industry with a package of products and services needed to build Internet-ready homes.

The Internet-enabled devices for these wired properties come from US and European manufacturers like Whirlpool and Electrolux.

The solution is offered as a series of modular building blocks made up of hardware, software and services, giving developers the freedom to choose different components to suit their individual requirements.

The IP2 solution combines Cisco's networking technology and software applications, with Aretae's business and technology consultancy services.

Cisco is also working with HDB to provide HDB flats with IP2 solutions. Cisco recently collaborated with IDA and Singapore Telecoms for an Internet Home project in a Bishan HDB flat.

Khoong Hock Yun, assistant chief executive (Infocomm Development), Infocomm Development Authority of Singapore, said, "Since the IDA/Cisco joint launch of the Internet Home project in a Bishan HDB flat, we have seen a surge in the demand for knowledge and tools to build Internet-ready homes and offices."

David Leong, chairman of Aretae Interactive, said, "More and more developers are constructing 'Intelligent Buildings' to differentiate their properties. The convergence of the PC, the Internet and consumer electronics is creating a new wave of interest in the modern e-lifestyle."

When asked about the cost of implementing IP2, Cisco and Aretae said that the price range is too wide for them to give figures, as IP2 comprises a flexible set of products and solutions that addresses different market segments with different module requirements.

About Aretae Interactive
Aretae Interactive, an end-to-end Internet business solutions provider operating in Asia, provides strategic consulting services, Internet business solutions and application hosting services.
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