News
Y2K Disclosure Statement (29 Nov 1999)

This statement is a Year 2000 disclosure statement for the purposes of explaining the readiness of Netrust only. It does not represent or include the readiness of associated businesses that may conduct transactions with Netrust from time to time.

Netrust has taken active steps to review all the systems and equipment currently used to supply products and services to its customers. Netrust has commissioned a year 2000 compliance review of all systems and equipment.

Netrust has undertaken several steps to ensure its services are compliant, including:

-

producing an inventory of equipment critical for business operations for initial assessment
- a remediation programme to upgrade or replace equipment that may be at risk of not being compliant
- testing of all key business systems under the control and ownership of Netrust
- contacting key business partners and inviting them to participate in external testing of systems.

Current tests have been comprehensive and the results of both internal and external testing conducted by Netrust and its key business partners indicate no Year 2000 issues to-date.

It should be noted that Netrust's ability to provide products and services without interruption depends not only on the compliance of its own systems, but also on the compliance of Netrust's suppliers. If a key supplier fails to deliver mission critical functions, this may in turn affect Netrust's own ability to continuously supply our customers with products and services.

With this in mind, Netrust is seeking year 2000 compliance assurances from its relevant business partners, including suppliers, sub-contractors and customers.


Netrust has established a Year 2000 Project Officer to co-ordinate the Year 2000 Programme activities. The Project Officer is the central point for all Year 2000 inquiries. The contact details are:

    Netrust Year 2000 Project Officer
    10 Collyer Quay #09-05/06 Ocean Buiding
    Singapore
    049315
    DID (65)
    6212 1388
    Fax (65)
    6212 1366
    Email
    infoline@netrust.net

Copyright (c) 1999 by Netrust Pte Ltd. All rights reserved.