Hong Kong, August 16, 2022 - (Asia Pacific Business News) -

InvesTech Holdings Limited (InvesTech), a leading comprehensive intelligent information technology solutions provider in China (the Group; stock code: 1087.HK), is pleased to announce that its subsidiary, Virsical Systems Limited (Virsical Systems), which owns the flagship product of intelligent office software solutions, Virsical, has entered into a new collaboration with Microsoft (NASDAQ: MSFT) in the field of smart offices to provide enterprise-level smart upgrade solutions.

Jointly launching two enterprise smart upgrade solutions - "Intelligent Building Digital Twin Solution based on AIoT" and "Digital Administrative Office Solution based on Teams", both aim to assist customers from various industries in achieving digital transformation. The Group and Microsoft are committed to breaking through traditional management models for their clients, bidding farewell to reliance on manual operations, and bringing transformative results to many enterprises.

As a digital administrative office solution, the "Intelligent Building Digital Twin Solution based on AIoT" takes the Virsical AIoT intelligent IoT platform as the core and builds on the Microsoft Azure system. It integrates building space management systems, various intelligent hardware, and terminals to collect and analyze information such as building occupants' behavior, terminal devices, and space status. This creates a digital platform for information aggregation, resource sharing, and optimized management, enabling digital management of facilities management, energy conservation and emission reduction, office services, monitoring alerts, emergency services, and information dissemination. It effectively helps companies achieve intelligent collaboration among people, things, and spaces, facilitates intelligent transformation of administrative management, while improving building operation and management efficiency and reducing operating costs.

The "Digital Administrative Office Solution based on Teams" uses advanced technologies such as the Internet of Things to build an enterprise digital twin intelligent management platform based on Microsoft Teams. This platform forms a system platform for information aggregation, resource sharing, and optimized management, enabling real-time dynamic monitoring and control of equipment operations. This platform covers multiple areas of enterprise administrative management, such as workstation management, meeting management, visitor management, access control, locker management, toilet management, and space asset management. It helps companies achieve intelligent management of people, things, and spaces, improves decision-making efficiency and accuracy, supports intelligent transformation of administrative management, and enables green and low-carbon operations of office buildings.

Virsical Systems has demonstrated professional level and capabilities as well as industry-leading solutions, earning high praise from Microsoft and being named the "Microsoft Best IoT Partner of the Year". It is the only partner in China to receive this honor. The collaboration between Virsical Systems and Microsoft goes beyond this, as both parties have reached in-depth cooperation in multiple fields due to mutual recognition of each other's strengths and values.

In November 2021, the Group won first place in the Microsoft Teams Hackathon with its "Virsical Automated Visitor Registration Solution", and was awarded the title of Microsoft Gold Partner in December of the same year for its top research and development capabilities and advanced solutions. In early 2022, Virsical Systems officially joined Microsoft Laboratory with the support of technical empowerment and platform equipment from Microsoft Laboratory. With full support from Microsoft experts and laboratory engineers, the Group accelerated the implementation of Virsical Systems' next-generation space management and equipment facility management solutions for building parks. Through integration with existing solutions and Microsoft AIoT services, it saves more implementation cost investment in the future. This move promotes integration between Virsical Systems' AIoT solutions and those of Microsoft, promotes incubation and implementation of more technology solutions together, and jointly explores the unlimited possibilities of AIoT.

Currently, several Virsical software products including MetaVisitor, MetaWorkspace, and MetaMeeting have been successively launched on Microsoft Teams, bringing new office experiences to many Microsoft Teams users.

In addition, the group recently participated in Microsoft'In addition, the group recently participated in Microsoft's IoT Project Dragon. The "Virsical Smart Space Solution" was released as a key solution in the smart space field, attracting significant industry attention.

Through continuous strengthening and consolidation of each other's strengths, the group has achieved seamless cooperation and mutual benefit with Microsoft. They have launched multi-domain and all-round cooperation, focusing on office spaces, buildings, parks, and other scenarios to create interconnected and visualized smart office spaces. This enhances enterprise efficiency, leads corporate digital transformation, and successfully empowers many Fortune 500 customers.

Mr. Chen Xiqiang, Chairman, President, and Executive Director of Vixeon Holdings, stated:

"Microsoft's strong technological capabilities and comprehensive product matrix enable us to effectively optimize our solutions and provide better products and services to customers, thereby seizing market share in the vast Chinese market. As a gold partner of Microsoft and a leader in the intelligent office space field, the group expects to leverage Microsoft Cloud's IoT, digital twin, AI, and other technologies to integrate with existing traditional headquarters building applications and management systems, jointly creating intelligent space management solutions. In the future, the group will establish a closer partnership with Microsoft, fully leverage complementary advantages, deepen cooperation in areas such as smart offices, and explore the field of enterprise metaverse together."

Ms. Yin Bing, Director of Microsoft Asia IoT Partner Business Department, said:

"We are delighted to collaborate with such an outstanding partner like Wafer Systems to jointly create innovative solutions in the industry. Microsoft's mission has always been to empower every person and organization globally to achieve extraordinary things. Wafer Systems' innovative smart office solutions combine Microsoft's industry-leading Azure IoT, Teams, and other products, providing enterprises with efficient management tools. Going forward, Microsoft will continue to support Wafer Systems in product innovation and provide industry-leading solutions based on the Microsoft platform for more enterprise customers."