SYSTEK Empowers iSteelAsia.com with ezConnect
Delivering Interactive Customer Care Tools Online

[2 August 2000 - Hong Kong] - Systek Information Technology (Holdings) Limited ("SYSTEK", www.systekit.com), a leading e-Business enabler, today announced a partnership with iSteelAsia.com (HKSE: 8080, www.isteelasia.com), the world's only listed steel exchange vertical portal, and the first B2B portal listed on GEM of The Stock Exchange of Hong Kong Limited.

SYSTEK's Internet product -- ezConnect with customized features was installed by iSteelAsia.com. at the end of July. ezConnect is an Internet-enabled interactive collaboration system allowing multiple users to communicate with various features ranging from real-time chat, voice-over-IP, document sharing and white board functions, highlighting specific parts of a document shared by different users during discussion.

Furthermore, individual customer support representatives are able to integrate and manage customer communications, including Web inquiries, e-mails, voice mails and faxes from the same inbox. All such value-added features empower iSteelAsia.com with the ability to communicate with business partners, suppliers and vendors through the Internet with additional personal touch.

Through the partnership, SYSTEK will leverage on iSteelAsia.com's established and growing member base, coupled with the magnitude of the Asian steel industry, to meet the needs of user segments, iSteelAsia.com can utilize SYSTEK's product to enhance their services.

Commenting on the partnership, Mr. C. K. To, Chairman and Chief Executive Officer of SYSTEK, said, "Both iSteelAsia.com and SYSTEK share a common same vision in delivering the most effective and efficient services to people around the globe using the latest technology. With the successful development of ezConnect, we will be able to provide maximum benefits to many users, revolutionizing the means of business transactions through enhanced interactive tools."

Ms. Drina Yue, Director and Chief Operating Officer of iSteelAsia.com, said, "We are very pleased to be partnering with one of Hong Kong's leading Internet technology providers. One of our top priorities at iSteelAsia.com is to improve our services for partners and clients alike. We have been focusing on better streamlining our business by using the Internet and its related technologies. SYSTEK's strong technical expertise can definitely enable us to achieve this strategy."

"With the customized version of ezConnect, we are able to deliver user friendly services timely. We believe it will be one of the key elements in iSteelAsia.com. We are also glad that our users can benefit from these innovative tools." Ms. Yue added.

As a pioneer in the development of Internet enabling software in Hong Kong, SYSTEK has begun the research and development of Web based software since 1995, and has developed a range of Internet enabling software products to a clientele of commercial and government entities. Developed in 1998, ezConnect is an Internet communications software that can be used by a wide range of e-businesses. The product possesses maximum flexibility, and can be scaled vertically with a simple interface change to meet specific client or industry requirements.

Mr. To said, "With over a decade's experience in the design, development and deployment of Internet enabling software solutions, SYSTEK has successfully developed an online securities trading and settlement system - WinVest series, which targets the banking and financial sectors. After years of research and development, our latest product - ezConnect, leverages on the expertise that we have gained in the industry, bringing our technological expertise into the field of customer care services."

"We are rest assured that ezConnect will undoubtedly enhance the customer care services through Internet, fulfilling our mission of providing world-class Internet enabling software technology." Mr. To concluded.

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Notes to editors:

About SYSTEK
Headquartered in Hong Kong with subsidiaries in Vancouver, Shanghai and Beijing, SYSTEK aims to provide world-class Internet enabling software technology and establish as one of the leading e-Business enabler in Asia.

SYSTEK's business is classified into four strategic business units, including Financial Technology, Internet Interactive Technology, Internet and Messaging Security, and e-Business Innovation Services. Started the development of Web based software in 1995, SYSTEK has successfully developed a series of applications including WinVest, ezConnect, ezXML and SecurTrac, catering for various client needs and industry requirements. SYSTEK has formed strategic alliance partnerships with major international hardware and software companies including Baltimore, IBM, Lotus, Microsoft, Oracle, TG Nortel and Unisys.

More information about SYSTEK is available at www.systekit.com.

About iSteelAsia.com Limited
Launched in December 1999, iSteelAsia.com (iSteelAsia) was Asia's first online exchange for trading in steel and steel products. It is the first of its kind to be listed on the Hong Kong Stock Exchange's GEM board in April 2000. Focused on the Asian steel community, iSteelAsia aims to offer an open and neutral marketplace for steel trading. Trading competitiveness and efficiency are optimised on iSteelAsia as players can access a full spectrum of buyers and sellers and timely market knowledge. iSteelAsia serves as a single point of contact offering financing, insurance, surveying, shipping and logistics services, providing members with a one-stop end-to-end steel trading.

To date, iSteelAsia has over 2,600 registered members who regularly use its online trading services and access into its online Reuters and Asia Information Resources News.

More information about isteelasia.com is available at www.iSteelAsia.com