Jatis plans JV in Malaysia

Jatis plans JV in Malaysia

JAKARTA (JP): PT Jatis, a local company providing information
technology service, said on Wednesday that it planned to
establish a joint venture company in Kuala Lumpur, Malaysia.

Jatis' executive officer Jusuf Sjariffudin said the company
was negotiating with a Malaysian company to establish the joint
venture.

The joint venture, which will have an initial investment of
US$300,000, will operate in Internet banking and portals.

He said Jatis would explore business opportunities in Internet
banking and vertical portals to benefit from growing demand in
Malaysian market.

Jatis offers consulting service, software development and
project management in banking, manufacturing, distribution and
telecommunication companies, such as content provider service and
payment clearing house service for financial and banking
industries.

Jusuf said the company opened an office in Singapore last
year. (07)