Kuala Lumpur, Tuesday (May 13, 2008) – Cuscapi Berhad (formerly known as Datascan Berhad) achieved a higher revenue of RM7.893 million for Q1 2008 compared to the preceding year corresponding quarter’s revenue of RM7.433 million.  The pre-tax profit (PBT), however, declined to RM0.307 million from RM1.476 million. The decline was mainly attributable to costs in relation to higher headcount and increased international business development activities undertaken.

The PBT for the quarter under review has also decreased compared to the immediate preceding quarter’s RM1.534 million. This was mainly due to the lower revenue contributions from the retail, hospitality and consulting services, and was further compounded by higher staff costs.

Commenting on the Q108 results, chief executive officer Danny Leong said, “While our profit is modest this quarter, we managed to maintain sustainability, and grew our managed services and client base.”

“We are optimistic of a satisfactory performance for the coming quarters, and we will continue to focus on growing our business reach, while exploring and pursuing potential mergers and acquisitions with synergistic businesses locally and abroad,” he added.

With the recent establishment of a wholly foreign owned entity Cuscapi Beijing Co. Ltd in Beijing, China, Cuscapi will take on a more direct presence in the country while working closely with its existing partner to tap the Chinese market with its offerings. Concurrently, other regional initiatives are being worked on closely.

Cuscapi is the market leader in F & B business management solutions for the QSR (quick service restaurants) sector in Malaysia. A leading IT solutions provider, it also offers a strong suite of solutions and business consulting services for the hospitality, automotive, retail, telecommunications, financial services and public service sectors.

About Cuscapi Berhad (www.cuscapi.com)
Cuscapi Berhad (formerly known as Datascan Berhad), a Malaysian Exchange Of Securities Dealing & Automated Quotations (MESDAQ) listed company since July 2004, was established in 1978. The market leader in the F&B business management solutions, Cuscapi also provides retail and hospitality business management solutions, information technology security solutions, collaborative fulfillment management solutions and consulting services for businesses across industries.

With 50 years of in-depth industry experience and knowledge implementing world class solutions in more than 5,400 outlets internationally, Cuscapi aims to create more value for its clients through maximising their businesses' customer capital. Certified as Microsoft gold partner and awarded the Capability Maturity Model® Integration (CMMI) Level 3, Cuscapi has 12 nationwide centres in Malaysia and strong presence in 23 other countries, namely China, Middle East (Saudi Arabia, UAE and Bahrain), Indonesia, Philippines, Thailand, United States, Australia, Brunei, Cambodia, Vietnam, Singapore, Maldives, South Africa, Egypt, Lebanon, Cyprus, Sri Lanka, India, Hong Kong, Korea, Taiwan and Jordan.