Kuala Lumpur, Friday (November 13, 2009) – Cuscapi Berhad returns to the black after underperforming for the first two quarters of 2009. For quarter ended 30 September 2009, the company recorded higher revenue of RM11.81 million compared to RM8.59 million of the preceding year corresponding quarter. Resultant from the increase, the company registered a profit before tax (PBT) of RM0.70 million compared to RM0.45 million of the preceding year corresponding quarter.

Commenting on the Q3 2009 results, Cuscapi Berhad chief executive officer, Danny Leong said that the increase in revenue was attributable to higher selling efforts undertaken in both domestic and international markets.

“We have undertaken various initiatives to improve our top and bottom lines having underperformed in the first half of the year and we will continue these efforts as we work towards recovery. Our immediate focus lies in boosting our sell through, including that of the joint venture,” he said.

He added that given the still-mixed economic sentiments, the company will continue to drive for higher operational efficiency and improve operating cost while exercising caution for the remaining quarter.

About Cuscapi Berhad (www.cuscapi.com)
Cuscapi Berhad, listed on the Malaysian Access, Certainty and Efficiency (ACE) Market since July 2004, was established in 1978.

With established and strong presence in the food and beverage, retail, hospitality, automotive, telecommunications, financial services, and public service industries, Cuscapi’s offerings include customer relationship management, supply chain management, spend management, business intelligence, IT security, as well as enterprise resource planning solutions and services.

Cuscapi also provides numerous outsourcing services across various industries, including application hosting, application enhancements and maintenance, regional and nationwide deployment and support, business and legal process management, IT outsourcing services, and enhanced value contact centre services.

Certified as a Microsoft gold partner and was awarded the Capability Maturity Model® Integration (CMMI) Level 3, and with over 50 years of combined in-depth industry experience and knowledge implementing world class solutions in more than 7,000 installed sites internationally, Cuscapi aims to create more value for its clients through maximising their businesses' customer capital.

Cuscapi has 12 nationwide service centres in Malaysia and supports clients throughout 29 other countries, namely Australia, Bahrain, Brunei, Cambodia, China, Cyprus, Egypt, Hong Kong, India, Indonesia, Jordan, Korea, Kuwait, Lebanon, Macau, Maldives, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, South Africa, Sri Lanka, Sudan, Taiwan, Thailand, UAE, United States, and Vietnam.