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CASHLESS MYFON SOLUTION FOR 10,000 SCHOOLS AND NATIONAL SERVICE CENTRES NATIONWIDE

KUALA LUMPUR, MAY 24 – Technology Park Malaysia (TPM) incubatee, Pure Spectrum Technologies Sdn Bhd, an ICT company based in TPM, Bukit Jalil, Kuala Lumpur, plans to implement its innovative cashless GSM and SIM-based public telephones for students in 10,000 schools and national service centres nationwide within the next two years.

Pure Spectrum Technologies has been selected by the Ministry of Science, Technology and Innovation (MOSTI) to have its innovative product known as “MyFon” to be commercialised under the MOSTI Commercialisation Year 2016 programme.

The locally developed MyFon is the first of its kind in Asia to be commercialised in replacing the coin-operated telephone technology. Its first prototype was developed in collaboration with TPM Engineering Sdn Bhd.  

TPM President and CEO, Dato’ Ir. Mohd Azman Haji Shahidin, expressed confidence that Pure Spectrum Technologies’ has the revolutionary technology, first of its kind in Asia, would attract strong prospects from other countries in the region.

“We are delighted to have played our role in helping drive Pure Spectrum Technologies’ state-of-the-art technology through the relevant technopreneurship programmes offered by TPM IIC and precision engineering services by TPM Engineering.

“It is our hope that the successes of our present and past incubatees will be an inspiration for the future entrepreneurs to explore the collaborative efforts and services of TPM in helping them to commercialise their products both in the local and global market,” added Azman.

Developed by Pure Spectrum Technologies’ founding chief executive officer, Hj. Shafiee Saleh, who has more than 20-year experience in the telecommunications industry said that MyFon would also be the first public phone with SIM card capability to address the communication needs for students in schools and national services centres, especially for those who do not have access to their mobile phones.


 

“The technology was developed in the first half 2013. Its pilot project in 2014 involves 550 MyFon Public Phones (MPP) in 120 various schools nationwide. With the obsolescence of coin phones technology in the world, the world needs a new solution, which is cheaper, easily accessible, and more reliable technology.  MyFon caters for current lifestyle with safety features and serves the needs of students especially in mobile phones prohibited area,” he added.

In efforts to further enhance the capability and capacity of MyFon, Shafiee said his company will be working closely with TPM Engineering to enhance the quality and standard of the products.

On the application of MyFon, users will require either one of the two SIM cards, one to be used in their mobile phone at home and the other one to be used in MyFon Public Phones (MPP in schools with credit sharing features) 

Pure Spectrum to date has invested more than RM2 million in R&D activities to develop MyFon. The company is currently in negotiation with a few partners to export its products to Thailand, Indonesia and Bangladesh.

According to a survey by Pure Spectrum Technologies, the five million users nationwide posted some 500 million telephone usage annually. This would translate to anannual market potential of RM500 million for the company when the entire project is implemented.

 

The company is aiming to produce and operate 20,000 units of this MPP’s within the next two years. It expects to achieve an annual turnover of RM220 million when it is fully implemented. The bulk of its revenue stream will be mainly from the Myfon SIM top-ups. 

Technology Park Malaysia Sdn Bhd, an agency of MOSTI, has an integrated infrastructure, facilities and support services to assist technopreneurs and entrepreneurs who are keen to commercialize their ideas in the four industry clusters, namely, ICT, Engineering, Biotechnology and Green Technology.

### Ends ###

Issued by:

Corporate Communications Department

Technology Park Malaysia Corporation SdnBhd

For more enquiries, please contact:

Puan Jamilah Taib,

Senior Manager, Strategic Communication& Stakeholder Management

Tel: 603-8998 2020    

H/P: 019 – 281 8220  

Fax: 603-8998 2110

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Date: May 24, 2016
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