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Vuepoint Corp. Announces Partnership with Privity FZ LLC, a Dubai-Based Consultancy
-- Privity to Extend Vuepoint Opportunities in the Middle East, North Africa, Indian Sub-Continent, South East Asia, Japan and China --
LONG ISLAND, N.Y., June 8th, 2004 - Vuepoint, a leading provider of sales effectiveness solutions and software, today announces its partnership with Privity FZ LLC, a Dubai-based financial and management consultancy. Through the partnership, Vuepoint's products will be offered to Privity's clients located in the Middle East, North Africa, Indian Sub-Continent, South East Asia, Japan and China.
Privity intends to offer Vuepoint's capabilities to its clients together with its own services that include consultation for IT architecture, knowledge management, biometrics, e-Business and management training. Privity and Vuepoint expect to benefit from the tremendous wave of new business in the region as firms move regional and global operations to Dubai. By connecting a geographically dispersed audience with consistent and measurable knowledge transfer, Vuepoint will allow Privity's clients to ensure the proper understanding and execution of trading orders, customer requests and sales transactions.
"Vuepoint allows Privity to better fulfill its mission of serving as a modem to link capital with ideas," says Privity co-founder, Sleem Hasan. "The software allows our clients instant visibility into the strengths and weaknesses of knowledge exchange throughout their selling, partner and trading channels."
Mr. Hasan was a founding shareholder of Vuepoint in 1996 and brings over 20 years of experience of working in the Japanese markets. Mr. Hasan worked at Nikko Europe plc from 1983 to 1994, heading the Japanese Equity and Derivatives Division, one of the most profitable centres for Nikko Europe. His areas of specialization include Japanese Stocks, Japanese Convertible Bonds & Japanese Equity warrants. These were traded/sold to institutional investors around the world employing fundamental as well as technical trading strategies. He established Hasan Financial Corporation (HFC) in 1996 and received full regulatory approval from the Financial Services Authority in August 1997. HFC is now in its 7th year of operations as an independent.
Mr. Hasan's partner and Privity co-founder, Sibtain Malik, graduated from the London School of Economics with a degree in Economics and Systems Analysis. He then joined Gulf Shipping, a London-based trading house dealing in soft commodities, metals, chemicals, textiles and freight. In 1989, the SaudiPak Investment Group recruited Mr. Malik to develop and manage a trading business in the UK.
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Over the next 12 years, Mr. Malik was instrumental in starting up and managing 5 companies for the group specializing in identifying niche areas of business, often linking under-utilised overseas sources of production with sales and marketing opportunities in the UK and Europe. Areas of activity included IT, food production, textiles and chemicals. He became an equity partner in 1993. In 2001, Mr. Malik relocated to Dubai and successfully completed a 2-year contract with Bafco Trading LLC as a corporate strategist and business development director. "We are thrilled to work with Privity, expand their suite of offerings and extend our geographical coverage so extensively throughout the Middle East and Asia", said Ara Ohanian, CEO of Vuepoint. "Sleem, as a founding shareholder of Vuepoint, understands from an insider's perspective the business opportunities Vuepoint can provide to Privity's client base, and we are delighted to be working directly with him on these opportunities".
About Privity
Privity was established as a vehicle for providing a conduit between, ideas, capital and technology. Operating from Dubai as a consultancy, Privity is currently involved in projects for IT architecture, knowledge management, biometrics, e-Business, government services, telecommunications, e-Learning, management training and general commodity trading. Privity's modus operandi is to provide an a-to-z solution for clients wishing to undertake new projects and/or to enhance existing opportunities.
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