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PressRelease 11May2018

Proceq Asia moves to high tech business space inSingaporeProceq Asia’smove into Fusionopolis – the Singapore-based high tech businesscluster – emphasizes Proceq’s increasingly digital approach to NDT (NonDestructiveTesting)andcommitmenttotheregion,whilealsoaligningwiththecontemporarynatureofProceqHeadquarters’facilitiesandregionalofficespacesaroundtheglobe.

ProceqAsiahasmovedintotheirnewofficesinSingapore’spremierhightechbusinesslocation.Thestate-of-the-artFusionopolis,covering30hectares,providesanenvironmentconducivetogrowthininformationandcommunicationstechnologies,media,physicalsciencesandengineeringindustries.

Locatedonthe20thfloor,theProceqAsiateamjoinsTectusDreamlab,TectusGroup’sfirstR&D-focusedstrategicinvestmentinthecity-state,aswellasTectuscompanyVirtuallyLive.VirtuallyLivecreatesliveVR(VirtualReality)experiencesbytrackingliveeventsandtransposingtheactionintoafullyrenderedvirtualenvironmentenablingtheusertoexperiencetheeventinreal-time,whileinteractingwithotherusers.

TectusGroupcompaniesbasedinSingaporehavebeencarryingoutR&DinSingaporeformanyyears.Forexample,therehasbeeninnovationwithinthemodularconstructionsceneforhigh-risedevelopmentsbyModerna Homes Pte Ltd. This has been followed by further investment in R&D for Tectus Dreamlab’sScreeningEaglePlatform—ofgreatinteresttopartiesactiveintheinfrastructuretestingfields—whichwillrevolutionizethebuildingmaintenancesector.Mostrecently,newsoftwarehasbeencreatedinSingapore,tosupportProceq’sstrategyofharnessingthebenefitsofdigitaltechnologyfortheportableNDTtestingmarket.

AngelaQian,Proceq’sHeadofAsiaPacificsaid:“Webelievethatafirstgradeworkingspace,togetherwithan employee care culture are major success factors for creating sustainable growth at Proceq. This isabsolutelytherightplaceforProceqAsiatobeandasignofthecompany’scommitmenttotheregion.Fromournewbase,wewillnotonlyprovideourcustomerswiththebestservices,butalsolooktohireanddevelopthebesttalentlocally!Inthemeantime,weconductedourfirstpartnertrainingsessionsonthe10thand11thofMay.Wewelcomeeverybodytocomeandvisitusinournewpremisesandgetthegrandtour!”

Dr.RalphMennicke,ProceqCEO,commented:“TheFusionopolisofficeisastrategiclocationforProceq.TheteamisclosetootherTectusGroupcompaniesworkingattheleadingedgeoftechnologyandarealsoableto network with neighboring companies working in different sectors. By having our people in the rightenvironment,theProceqportfoliowillbenefitfromacross-fertilizationofideas.Thepotentialisimmense.”

MarcelPoser,ProceqExecutiveChairmanandTectusGroupCEOstated:“SingaporeisnowakeyfocusforTectusGroupR&Dinvestment.Thehightechset-upinthearea,alongwithmanymulti-nationalcompanies

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now residing here, has created a technology-based ecosystem which aligns perfectly with our strategicbusiness direction. Proceq, alongside other Tectus Group companies, have already and will continue tobenefitfromgloballysuccessfulinnovationswiththeirrootsinSingapore.”

ProceqAsiaoperatestodayastheregionalheadquartersforallsales,marketingandserviceactivitiesintheAsia-PacificregionforProceqSA.Contactdetailsare:ProceqAsiaPteLtd,1FusionopolisWay,#20-02ConnexisSouthTower,Singapore138632Phone:+6563823966,Fax:+6563823307Email:info-asia@proceq.com

-ENDS-

Forfurtherinformation:ProceqSA,Ringstr.2,8603Schwerzenbach,Switzerland,info@proceq.com

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AboutProceqSA

ProceqofSwitzerlandisshapingthefutureofportablematerialstesting(NDT).AtProceq’sGlobal Summit in September 2017 (https:/www.proceq.com/company/news-events/show/proceq-global-summit-2017),thecompanyreleasedmultiplestateoftheartdevices,utilizinglatesttechnologiesfromInternetofThings(IoT),cloud computing and artificial intelligence (A.I.)with ultra-user friendly interfaces – a true revolution for theNDTindustry and setting a new benchmark within the sector. Proceq, part of the Tectus Group, has been providinginnovative testing solutions since1954and its strong researchanddevelopment team in Switzerland continues tocreate high quality Swiss-manufactured products.With subsidiaries inNorth and South America, United Kingdom,Russia,theMiddleEast,ChinaandSingapore,Proceqprovidesitsinternationalcustomerswithexcellentlocalsupport.www.proceq.com

AboutZehntnerGmbHTestingInstruments

The Zehntner brand is synonymous with Swiss-made high quality electronic and physical measuring and testinginstruments. Zehntner, acquiredbyProceqon January1, 2018, specializes in thequality control of surfaces,morespecifically, in gloss measurement, retro-reflectometry and other testing. The company’s experience of decadescombinedwiththeconsistentandfastimplementationofcustomerinputresultsinsuperiorinstrumentsmeetingallclients‘requirements.www.zehntner.com

AboutTectusGroup

TheTectusGroupandassociatedcompanies isafamily-ownedmulti-nationalbusinesswithheadquarters inZurich,Switzerland. The company has diverse investments and operations across six market segments – engineering &construction,realestate,InternetofThings&sensing,digitalhealth,entertainment&lifestyle,advisory&investments.Nomatterwhattheirspecialistareaorterritoriescovered,alloftheorganizationssharethegoalsofbeingbest-in-classandsettingnewbenchmarks.www.tectusgroup.com

AboutTectusDreamlab

TectusDreamlabPteLtdwasestablishedatFusionopolisinSingaporeinNovember2015bytheTectusGroup,tofocusoncutting-edge,cross-functionalresearch.TheTectusDreamlabteamworksoncross-disciplinaryR&DprojectsthatleverageexistingexpertisewithintheTectusGroup,combinedwiththenoveltechnologiesandcapabilitiesofvariousresearchplatforms inSingapore.Oneof thepremier initiativesofTectusDreamlab is theScreeningEaglePlatform(https://www.youtube.com/watch?v=qSBoXz_wo-8) a research project to create a holistic platform for assetmonitoring,maintenanceand inspection,whichwillhelpensureoptimalperformanceof infrastructure investmentwortharoundUS$57trilliongloballyuntil2020.InadditiontotappingintoglobaltrendsofVirtualandAugmentedReality(VRandAR),theInternetofThings(IoT),mobilecomputing,bigdata,cloudcomputinganddrones,thisnewfacilityalsofostersfrequentinteractionswithcustomersandpartnersintheregion.www.tectusdreamlab.com/

AboutVirtuallyLive

VirtuallyLiveisanentertainmentcompanyenablingfanstovirtuallyattendliveeventsandinteractwitheachotheracrossmultipledevicesandplatforms,creatingexperiencesforfansthataremoreimmersive,personalized,andsocialthaneverbefore.Headquartered in London,withoffices in Zurich, Singapore,MalagaandSanRaffael (California),VirtuallyLive’spatentedtechnologycreatesCGIexperiencesbytrackingphysicalliveeventsandtransposingtheactionin a rendered virtual environment. Virtually Live’s technology is platform agnostic and can be enjoyed via fullyimmersiveVR,oronyourmobile,PCortablet.Unlikea360-videofeed,VirtuallyLiveisalsoreadytoembracenewupcomingviewingdevicesandtechnologiesbeit inAugmentedReality(AR),MixedReality(MR)andVirtualReality(VR).www.virtuallylive.com

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AboutModernaHomesPTELtd

Moderna Homes Pte Ltd, a wholly owned subsidiary of Singapore listed BBR Holdings (S) Ltd. (www.bbr.com.sg)launchedin2016specializesinPrefabricatedPre-finishedVolumetricModularConstruction(PPVC)technology.PPVCmodulesaremanufacturedinmultipleunitscompletewithallinternalfinishes,fixturesandfittings,thentransportedtositeforinstallation,akintoa‘Lego-like’assembly.Thismethodeliminatesthebulkofconstructionworkonsiteandbringsupto40%improvementinlabourproductivity,alongwithashortenedconstructiontimeframe.PPVCtechnologyisrecognizedasthekeysmarttechnologyforboostingproductivityinthebuildingandconstructionsectorinSingapore.Moderna Homes has been awarded the In-Principle Acceptance Certificates for its PPVC design system by sevenSingaporegovernmentagenciesforuseinlocalprojects,throughtheBuildingInnovationPanel.Thecompanyaimstoprovidethebest,innovativeandhighqualitysolutionstoitscustomers,whileretainingitsmarketleadingpositioninSingaporeandexpandingregionally.www.homesmoderna.com