Hotgate Technology Inc

Infobox_Company
company_name = Hotgate Technology Inc
company_| company_type = Private
foundation = Incorporated 2006
location = Headquartered in Kuala Lumpur, Malaysia
key_people = Michael Yang, Chairman
num_employees = 50 Groupwide
revenue = Projected profit RM12 million (USD3.72 million) (2008)
products = Telecommunication Services
industry = Telecommunication
homepage = [http://www.hotgate123.com/index.html www.hotgate123.com]

Hotgate Technology Inc is an associate company of MESDAQ-listed REDtone International Bhd through its wholly-owned subsidiary, REDtone Telecommunications Sdn Bhd. REDtone Telecommunications holds a 19.5% stake in Hotgate Inc. Hotgate Inc's core business is providing hospitality solutions and Internet media services. In the future customers at places like cafes and restaurants would be able to experience WiMAX services provided by Hotgate. [cite news |title=Hotgate targets top position in Asia |url=http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_e352e935-cb73c03a-df294000-1e0d7e0e|work=Cindy Yeap|publisher=TheEdge Daily|date=2008-08-21|accessdate=2008-08-21] Hotgate is in the midst of extending its community hotspots coverage where free Wi-Fi services will be provided to a target of five billion users by the year 2015.

Free Wireless Internet Project

On September 19, 2008, Chief Minister of Penang, Lim Guan Eng launched “Penang Free WiFi” - the first step in making Penang the country’s first WiFi state. The initiative, which is the first component of the state’s Wireless@Penang project, is aimed at giving Penangites free wireless broadband services. [cite news |title=Penang launches statewide free WiFi project|url=http://thestar.com.my/news/story.asp?file=/2008/9/18/nation/20080918201219&sec=nation|work=Andrea Filmer|publisher=TheStar Online|date=2008-09-19|accessdate=2008-09-19]

The state of Penang will soon be able to enjoy free wireless Internet services which will be provided by an Internet-enabled service provider, Hotgate Technology (M) Sdn Bhd. Hotgate Chairman Michael Yang said as a start, the company, through "Penang Free Wi-Fi" project would provide the facility at selected locations in Penang in a month. The locations are Queensbay Mall, Macalister Road, Burmah Road, Gurney Plaza and Gurney Drive as well as Bukit Jambul, University Sains Malaysia (USM), Tanjong Bungah and Butterworth area. "The locations will be extended in phases to eventually cover some 750 hotspots including those in the mainland over a 15-month period," he said at the launch of the service here today. With initial investment of RM10 billion, Hotgate, a wholly-owned subsidiary of Hotgate Technology Inc is partnering REDtone Telecommunications Sdn Bhd in its initiative to offer Wi-Fi services on the 2.4GHz spectrum to Penang sites. Public areas such as recreational parks, libraries, bus terminals, train stations and community centres will now be turned into Internet-friendly places for the public at large through the project. [cite news |title=FREE WIRELESS INTERNET SERVICE FOR PENANGITES SOON|url=http://malaysia.news.yahoo.com/bnm/20080918/tbs-penang-wireless-ceeeaba.html|work=Bernama|publisher=Yahoo! News|date=2008-09-19|accessdate=2008-09-19] [cite news |title=Penang launches free WiFi | url=http://digital.asiaone.com/Digital/News/Story/A1Story20080919-88724.html|work=TheStar|publisher=AsiaOne|date=2008-09-19|accessdate=2008-09-19]

Joint Ventures

The company via its wholly-owned subsidiary, Hotgate Technology (M) Sdn Bhd (Hotgate Technology), will form a joint venture (JV) company with Indonesian partner, PT Marvel Network Sistem (PT Marvel) to make inroads into the 4th largest country in the world with a population of some 240 million. The JV company, PT Hotgate Technology Indonesia (PT Hotgate), will be 30% held by Hotgate Technology with PT Marvel holding the remaining 70%. The paid-up capital of PT Hotgate will be USD500,000. PT Marvel, an information and communication technology company with a good track record, expects to secure four 3-star hotels, four 4-star hotels, and two 5-star hotels in Indonesia as clients within the next three months. [cite news |title=Hotgate targets top position in Asia |url=http://biz.thestar.com.my/news/story.asp?file=/2008/8/12/business/1781900&sec=business|work=Andrew Gan|publisher=TheStar|date=2008-08-12|accessdate=2008-08-12]

Hotgate Technology's president, Michael Yang, said Indonesia was selected to spearhead the group's growth as the country's economy is expected to see its highest growth in 11 years in 2008. "It is a good time to expand into Indonesia where the economy is expected to increase by 6.8% this year and its IT industry forecasted to grow at a compound annual growth rate of at least 14% between 2008 and 2010. By partnering PT Marvel, a well-known company in the ICT field with a good track record and many successful projects to its name, we believe this will give us a good head-start to market our range of hospitality solutions and Internet media services to the hotels and F & B chains there," he said at the joint venture agreement signing between Hotgate Technology and PT Marvel on Monday 11 August, 2008. [cite news |title=REDtone's Associate, Hotgate, in Expansion Mode|url=http://www.cnbc.com/id/26217853/for/cnbc|work=Hotgate Technology|publisher=CNBC News|date=2008-08-15|accessdate=2008-08-15]

Products & Services

* Hospitality ICT Solutions
** Infrastructure Suit
** Data Suite
** Voice Suite
* Internet Media Related Solutions
** Free Community Hotspots

References