Hasibat Information Technologies Co. (HIT) K.S.C. (Closed) Company Profile Visit us at www.hasibatit.com

TABLE OF CONTENTS Company Background Brief Profile Vision & Mission HIT Strategy Thinking Path Company Values HIT Structure Industry Sectors & Product Portfolio Partners Core Solutions Hasibat Team Major Projects Following new commercial opportunities created by the liberalisation of the Danish telecom sector, Powercom was established in 1998 to offer nationwide transmission services to ISP, ASP and telecom operators in Denmark. History: Originally the idea emerged from utilising surplus transmission capacity, from the fiber optic cables installed by Powercom’s two owners. For monotoring purposes, the two power companies installed fiber optic cables along high voltage transmission lines. The cables held surplus capacity – which proved suitable to be utilised for commercial purposes. And that is – in short – the Powercom vision. The Powercom business plan was executed by Powercoms current Management Team.

HIT BACKGROUND Established in April 2004 as a Kuwaiti closed shareholding company Began providing IT solutions and services in Kuwait & the region in 1983 under the name Kuwait Computer Company (Hasibat) A 100%-owned subsidiary of Hasibat Holding Company Following new commercial opportunities created by the liberalisation of the Danish telecom sector, Powercom was established in 1998 to offer nationwide transmission services to ISP, ASP and telecom operators in Denmark. History: Originally the idea emerged from utilising surplus transmission capacity, from the fiber optic cables installed by Powercom’s two owners. For monotoring purposes, the two power companies installed fiber optic cables along high voltage transmission lines. The cables held surplus capacity – which proved suitable to be utilised for commercial purposes. And that is – in short – the Powercom vision. The Powercom business plan was executed by Powercoms current Management Team.

HIT PROFILE One of the leading providers of information technology (IT) solutions and services in the region. Combines best-of-breed products and technologies with local market industry knowledge and expertise to successfully address its customers’ strategic business challenges and opportunities Over 100 highly skilled professionals

THE PIONEER IN PROVIDING IT SOLUTIONS IN THE MIDDLE EAST OUR VISION TO BE ... THE PIONEER IN PROVIDING IT SOLUTIONS IN THE MIDDLE EAST

OUR MISSION Provide Solutions and Services that Grant Success to Our Customers Build on an understanding of how marketplace needs are changing. We take the time and effort to develop an in-depth understanding of our customers, their businesses, and their objectives. Problem solving skills with the best technologies the world has to offer. Develop close and long-term relationships with our customers Expand our business to other countries in the region

HIT STRATEGY THINKING PATH Long-Term Relationships with Customers Strengthen Business Relationships and Alliances with Partners Target Customers with Enterprise IT Backbone Infrastructure Expand System Integration Services of Banking, Telco, and Networking Expand Targeted Business Sectors To Other Areas

COMPANY VALUES Straightforwardness Professionalism Impatience Responsibility Goal-oriented Balanced growth Mutual respect Professional ambition

HIT STRUCTURE Board of Directors Chairman Vice Chairman Board Members General Manager Chief Operating Officer Technical Services Unit Manager Presales Unit Manager Business Services Unit Manager Sales & Marketing Unit Manager Project Mgmt Office Manager

SOLUTIONS & SERVICES Hardware Maintenance Networking Site Preparation Outsourcing Storage Security Smart Building Project Management Consultation System Development Software Implementation ORACLE HRMS / ERP Implementation Off-Shore Development

INDUSTRY SECTORS & PRODUCT PORTFOLIO Cross Industry 3COM HP Network Associates Oracle Viztel Ultimus Samsung SDS Geoffrey Secure Computing Braxtel Sabre Microsoft Corp GlobalServe Daon Lucky Technology Fujitsu Siemens Banking & Finance Synergy

HIT PARTNERS Secure Computing Hewlett Packard Synergy Financial Systems Ltd. 3Com Corporation Daon Viztel Solutions Microsoft Corporation Ultimus, Inc. Samsung SDS Co., Ltd. GlobalServe Fujitsu Siemens Oracle Corporation Network Associates, Inc. Braxtel Communications Sabre Inc. Geoffrey Industries Lucky Technology Ltd.

BANKING & FINANCE SOLUTIONS Core Banking SWIFT Messaging Services Internet Banking ATM Transaction Switching POS Transaction Switching Card Management Card Fraud Management Smart Card Solutions e-Payment Gateways M-Commerce Brokerage and Internet Trading Anti-Money Laundering E-Bill Presentment & Payment

CROSS INDUSTRY SOLUTIONS ORACLE BRAXTEL Financials Business Intelligence Procurements HRMS / ERP Call Centers/ Help Desk VIZTEL Voice Portal IVR / Call Centers 3COM Wireless Telephony Switches, Routers & Hubs Network Management Ultimus Workflow Management HP Storage & Enterprise Solutions SAN Solutions Servers NT & Alpha Personal Computers Enterprise Backup NAI Antivirus Software & Services Network Sniffers Magic Help Desk

Hasibat Team Our Team Has the knowledge, experience, and resources Can provide competitive products and utilize the newest technologies Has been trained with the latest industry certifications: ASE Accredited System Engineer – Compaq / HP CNA Certified Novell Administrator - Primary Storage CNE Certified Novell Engineer - Netware 4, Intranetware, Netware 5 CNS Certified Novell Sales - Intranetware, Netware 5 MCP Microsoft Certified Professional MCSE Microsoft Certified System Engineer - Windows NT, Windows2000 CCNA Certified Cisco Network Associate CCNP Certified Cisco Network Professional 3Com Certified Solution Associate Kiosk Professional Hardware Engineer 3Com Networked Telephony Specialist Oracle Certified Professional SUN Solaris System & Network Administrator CISSP Certified Information Systems Security Professional

Hasibat Major Projects Kuwait University The Supply & Implementation of Student Information System with Compaq Alpha Unix Servers Completed: Apr 2000 Burgan Bank Supply & Implementation of Electronic Payment Gateway + ACI Card Management & ATM Switch Completed: May 2002 Supply, Implementation & support of Internet Banking using CR2 Software Completed: Nov 2001 The supply & Implementation of Hitachi Data Storage with remote copy and backup Completed: Dec 2001 Supply of Oracle License Upgrade Implementation & Customization of the First Oracle 9i Human Resource System Completed: Oct 2001

Hasibat Major Projects Alghanim Industries Network Infrastructure Data – Installation for 3Com 7700 Switches Completed: Dec 2003 United Real Estate Co. Supply & Implementation of Cabling/ Networking infrastructure + Voice Over IP telephony for City Tower Completed: Dec 2001 Wataniya Telecom The supply & Installation of Compaq Alpha Unix Servers for the Billing System Completed: Sep 2000 KNET Study and Implementation of Network security including Antivirus, Firewalls & Intrusion detection Completed: Apr 2002 KUFPEC The supply and Implementation of Network security infrastructure & Helpdesk using NAI Products + support Completed: Mar 2002

2nd half of 2004 Major Projects Joint Operations Maintenance of PCs, Servers and Helpdesk Services Completed: June 2007 Leasing & Maintenance of Desktop PCs Completed: Mar 2004 Completed: May 2004 Supply & Installation of LCD Monitors Completed: Apr 2005 Techworld Infrastructures & Networking Project Providing & implementing networking systems Completed: Oct 2004 Wataniya Hardware Project Supply & Installation of HP Proliant Servers Completed: May 2005

2nd half of 2004 Major Projects Kuwait Airways Delivery & Installation of Lido Computer Flight Planning System for KAC Completed: May 2006 Outsourcing IT Infrastructure Services Project for KAC Completed: June 2010 Burgan Bank Umbrella Contract Yearly Renewal Contract Completed: Dec 2005 Public Authority for Industry Technical Consultants Tender of providing PAI with technical consultants

2nd half of 2004 Major Projects Public Institute for Social Security Network Cabling Infrastructure for its new head quarters, supply and Installation of Fiber Optic Cabling to Desktop Completed: Oct 2004 Saudi Arabian Texaco Maintenance and Support for Oracle 11i Human Resources Management System (HRMS) Applications Completed: Jan 2006 National Takaful Insurance Co. Supply and Installation of complete infrastructure from Network (3COM Switches), Wireless, PCs, Printers and Servers.

1st half of 2005 Major Projects Kuwaiti Manager Co. Information Technology Infrastructure - Network Design & Implementation, Cabling and Internet, and Security IP Cameras Completed: May 2005 Public Authority for Industry Implementation, Maintenance and Support of Oracle 11i Financials, Human Resources Management System (HRMS) and Distribution Applications Completed: Mar 2006 Kuwait Reconstructions House (KRH) Supply & Installation of 3Com IP Telephony Completed: Aug 2005 The Bank of Kuwait & Middle East Upgrade of Oracle 11i (release 11.5.10) Human Resources Management System (HRMS) Applications Completed: June 2005 Extended Support for Oracle 11i Human Resources Management System (HRMS) Applications Completed: Dec 2005

1st half of 2005 Major Projects Kuwait Stock Exchange Disaster Recovery includes Servers, Storage and Networking Completed: Oct 2005 Al-Matrouk Tower Supply and Implementation of Cabling/Networking Infrastructure and Voice Over IP Telephony Completed: Sep 2006 CMC Limited Fiber & UTP Cabling for the workstations and Servers Ahmed Tower Infrastructure, Voice Over IP Telephony and Security IP Cameras for the Tower Completed: Dec 2005 Al-Ahli Bank Supply and Installation of 3Com Switches & Routers Completed: Feb 2006 United Cable Company Supply & Inst of HP Storage & Servers for FM station Completed: July 2005

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