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MIMOS, India sign IP deal

None | Feb. 24, 2011
Memorandum of Understanding signed between MIMOS and Mindteck (India).

KUALA LUMPUR, FEBRUARY 24, 2011 - Malaysia's Ministry of Science, Technology and Innovation research agency MIMOS has signed with Indian technology provider Mindteck to promote a homegrown IT solution globally.


MIMOS CEO Dato' Abdul Wahab Abdullah said MIMOS' IP (intellectual property) called Enterprise Knowledge Management System (eKMS), designed for the life sciences industry, will be promoted worldwide by public-listed company Mindteck. "The eKMS is the first MIMOS-developed IT technology to be taken up by an Indian IT company."


"The interoperable eKMS framework can also be used across multiple verticals to develop industry specific solutions for the public, energy, semiconductor and banking, financial services and insurance sectors amongst others," said Wahab.


Science, Technology and Innovation Minister Datuk Seri Dr Maximus Ongkili, who witnessed the exchange of the MOU documents between MIMOS' Wahab and Mindteck Chief Financial Officer Suresh Rao at Mindteck's Bangalore headquarters, said: "Based on the 2010 World Intelligent Property Organisation (WIPO), Malaysia has moved up from 30th to 25th position in IPs filed. This collaboration will enhance and globalise MIMOS' Intellectual Property (IP) portfolio while strengthening Mindteck's position in the market place."


"For IPs filed by the Government, MIMOS' contribution has increased from 41 per cent in 2009 to 49 per cent last year," said Dr Ongkili, adding that from 2004 till 2010, MIMOS has filed 489 patents in Malaysia aside from 280 international patents filed since 2008.


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