Tuesday, December 20, 2005

Excuse me, who is this?

Probably few of you have heard anything about a small commercial outfit named "1000 Miles Network"...

1000 Miles Network was first established as 1000 Miles in 1999 as a partnership by a group of young IT professionals from the now defunct POSB Computer Services Pte Ltd. Through its co-ownership and partnership with a local education service provider, 1000 Miles Network provided a ready pool of teaching staff to conduct IT courses and computer holiday camps for schools. At the same time, providing the necessary IT systems and network consultancy services to them.

Facing lowering margins, 1000 Miles exited the highly competitive IT education market in 2001, and renamed itself as 1000 Miles Network, to concentrate on its core distribution and retail business of network and cabling products and provision of system consultancy along with the lines of products.

1000 Miles Network was incorporated as 1000 Miles Network Pte Ltd in Jan 2005, a strategic move that will position the company as an appropriate legal entity, catering for its future expansion and capital structure. The legal form is also important in terms of control and corporate governance.

An wise, old sage once says "Journey of a thousand miles start with a single step". It has been a long way since we started off, change seems to be only constant... It has been never easy been on our own, we have come so far, yet so little accomplished.

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