Press Release

Take5 People Delivers HRMS Solutions to The Executive Centre in Asia Pacific Region

SHANGHAI – May 10th 2010 – Take5 People Limited, an application and solution provider focuses on the fast-growing Asian market, today announced the agreement signed with The Executive Centre, Asia’s leading premium serviced office operator, to implement  Take5 Human Resources and Payroll System Solutions to  track, forecast and plan their regional workforce resources.

“After working with Take5 over the last year using their tools for financial forcasting and analysis, I have been impressed with their solution oriented service capability and comprehensive understanding of our business issues in managing regional organization needs,” said Alan Seigrist, Chief Financial Officer at The Executive Centre

“The Executive Centre’s success is based on the high quality of service delivered by our employees, consequently, managing our workforce has become a major challenge in managing our growth.  Take5 HRMS is helping us to meet this challenge with its flexible design, ease of implementation and strong analytical reporting capability.  With Take5 HRMS, we will be able to manage our regional workforce through a simple web based portal, projections on staff development will be integrated with our financial forecasts , and detailed performance cost benefit analysis of revenues generated versus staff cost can be generated with ease.  Take5 well do a lot to help us achieve our long term corporate growth goals in Asia.” Seigrist continued.

Take5 will deliver Payroll Calculation, Human Resources Management, e-PORTAL, e-APPROVAL and HR Analytical modules for TEC’s centres located in more than 15 cities across 8 countries in Asia.

 “Providing HRMS solutions in the Asia Pacific region has been the foundation of our product development roadmap and company goal.  Signing this agreement is a significant step forward in optimizing our vision.

We are confident in a successful project with The Executive Centre given our solid experience in delivering HRMS solutions,” said Alsen Hsien, President of Take5 People Limited.

In addition to being the developer of Take5 Human Resources and Payroll Solutions,  Take5People is  a distributor of Quantrix modeler that provides analytical capabilities for  deliveing a complete Human Resources solution to customers in the region.

Established in 1994, The Executive Centre has expanded to 15 major cities in the Asia-Pacific region - Hong Kong, Beijing, Shanghai, Tianjin, Shenzhen, Guangzhou, Macau, Taipei, Tokyo, Seoul, Singapore, Jakarta and Sydney. The company now commands leading market shares in Hong Kong, Seoul, Beijing, Shanghai, Macau, Taipei and Singapore. The Executive Centre’s main investors include HSBC private equity as well as the company’s senior executives.

For more information, please visit www.executivecentre.com

About Take5 People

Take5 People is an application and solution provider focusing on the fast-growing Asian market, particularly the Greater China region. Incorporated in June 2006 in Hong Kong China operation commenced on 2008 to begin the development of Take5 HRMS solution, Take5 People aggregates in-depth industry and market experience and knowledge of its executive management team with a strong track record in human resources, finance, technology and software market sectors. The company is focusing on developing software solutions based on the best-of-breed technology that meet the requirement of local markets. For more information about Take5 People, please visit www.take5people.com.

Media Contact: media@take5people.com