Released on = November 26, 2005, 4:22 am

Press Release Author = Bishr AL-Madani

Industry = Management

Press Release Summary = An Interview with SISCOM President Mr. Waleed Abalkhail in
The Business Europe's Global Business newspaper in its May1-2, 2005 edition.

Press Release Body = Development of Information and Communications Technology (ICT)
in general and e-commerce in particular, is a major driver for the Kingdom of Saudi
Arabia (KSA), as it seeks to integrate with an increasingly global economy.

Minister of Communications and Information Technology, Mohamed Jamil Mulla, points
out that the ministry's creation in 2003 expressed the Saudi government's total
commitment to supporting the development & transformation of the KSA into a
technologically advanced society. "The principal driver of our strategy is to keep
the KSA on track with the rapid changes in ICT worldwide" he says.

Over 20 Internet Service Providers (ISPs) operate in the KSA. Other services, such
as satellite data services, fixed-line telephony & mobile services, which were
formerly delivered by monopolies, have been put on the open market, following the
privatization Act of 2003. The Minister says: "The mobile sector opened up in 2002
and the fixed-line service will be privatized in 2007. All other services are being
opened to competition in 2006. There are two licenses for mobile services -one for
GSM and the other for the third generation services -with the latter to start in
2006; the major benefit of introducing competition is to improve the quality of
service provided to the customer."

Among the dominant Saudi companies in the e-commerce space is Sawabeh Information
Services Company (SISCOM), an e-marketing, business intelligence (BI) solutions and
professional services organization. SISCOM is now a market leader through its
proprietary e-Commerce Global Network and the wide range of electronically enabled
services it offers the Saudi marketplace.

The company runs SaudiCommerce.com, its new but fast-evolving proprietary global
e-marketplace portal for connecting buyers and suppliers around the world. SISCOM
President Waleed S. Abalkhail says: "Our vision is to help simplify e-marketing and
to stimulate our business community executive to prepare for the coming wave of
whole sale trading in cyberspace. We want to move our business community to higher
levels of e-marketing and for them to meet and exceed their marketing goals and
revenue targets."

Abalkhail outlines three ways in which SISCOM helps its clients. "We assist in
connecting their businesses by integrating, all enterprise departments into one
cohesive unit, as well as connecting our clients` businesses globally to maximize
their corporate exposure to target customers. We help them achieve their targets by
offering innovative e-marketing techniques and leveraging powerful technologies to
help them gain competitive advantage. Finally we help clients to find buyers and
suppliers all over the world, acquire new customers, expand their customer bases,
access international markets and increase export opportunities."

Web Site = http://www.siscom.com.sa

Contact Details = Bishr Al-Madani
Marketing and PR Manager
bam@siscom.com.sa
Tel: +966-1-201 0000 (Ext. 133)
Fax:+966-1-201 3003