Press Release

University of Malaya
Carnegie Mellon University
iCarnegie, Inc.
Comat Academy Sdn. Bhd.

Carnegie Mellon University's Heinz School to Offer Professional Master's Degree at University of Malaya in Kuala Lumpur in New Collaboration

KUALA LUMPUR, MALAYSIA - January 19, 2006 -- Through a joint effort of Carnegie Mellon University's H. John Heinz III School of Public Policy and Management (USA) and the University of Malaya (Malaysia), students in Malaysia will be able to enroll in a Carnegie Mellon master's degree program in information technology management, to be delivered on the city campus of the University of Malaya (UM) in Kuala Lumpur.

The Master of Science in Information Technology, Managing Systems Development, or MSIT-MSD degree, is designed to meet the demand among employers and employees in Asia and worldwide for the most modern technical management skills. This professional degree provides and demonstrates a high degree of preparation and knowledge in the modern technical, organizational, and managerial capabilities required by most organizations today, especially those whose business depends on IT.

The MSIT-MSD degree offered in Kuala Lumpur is the same credential received by Carnegie Mellon students who study at the Pittsburgh campus. Students in the program will be registered as Carnegie Mellon students.

The University of Malaya is the oldest and most highly respected tertiary institution in Malaysia and one of the longest established in the region. As a premier higher education institution, UM remains the first choice university of most students, especially in traditional disciplines like medicine, law, engineering and accountancy.

"The students truly will have the best of all worlds," said Dato' Prof. Dr. Hashim b. Yaacob, DPSK, Vice Chancellor of UM. "Our new collaboration allows us to bring world-class information technology education and world-renowned credentials to the students of Malaysia, through our campus here in Kuala Lumpur."

iCarnegie, Inc., a Carnegie Mellon subsidiary, will be helping to manage the relationship. "We are delighted to be working with the University of Malaya as the first offering location for this program," said Dr. Allan Fisher, Founder and President of iCarnegie, and a former Associate Dean of Carnegie Mellon's School of Computer Science. "Their direct contact with students and their experience in delivering education to professionals will provide education in the best traditions of both Carnegie Mellon and UM."

"Today's announcement adds a new and welcome venue for Carnegie Mellon students," said Mark Wessel, Dean of the Heinz School. "The work with the University of Malaya allows greater student access to an excellent degree program, as we strive to provide educational leadership worldwide."

Ultimately, the program is intended to enhance the competitive advantage of students and their employers in today's increasingly global market. The degree program is designed for students who seek rapid career advancement in IT-related areas, in a variety of organizations. It will be offered in a part-time mode, allowing currently employed individuals to obtain a degree while continuing to advance their careers, and immediately putting what they learn into practice. It is anticipated that some companies may wish to sponsor employees for matriculation into the program.

"Strong IT management is a vital competitive weapon in the world today," said Dr. Jamaluddin Mohd Yunos, Director of the University of Malaya Centre for Continuing Education. "Carnegie Mellon is recognized as number one in information technology, so this program will graduate some of the best-trained leaders in the world."

"Companies in Malaysia should welcome the new degree holders," added Tan Sri Dato Seri Musa Bin Mohamad, Executive Chairman of Comat Academy Sdn Bhd, which will provide corporate liaison services for the program. "The fit between Carnegie Mellon, the University of Malaya, and iCarnegie is a natural."

The MSIT program is expected to accept students for classes beginning in September of 2006. More information may be found at www.msit.cmu.edu/international.

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About Carnegie Mellon
Carnegie Mellon is a private research university with a distinctive mix of programs in computer science, robotics, engineering, the sciences, business, public policy, fine arts and the humanities. In addition to its main campus in Pittsburgh, Pennsylvania, Carnegie Mellon has campuses in California and Qatar in the Arab Gulf. Carnegie Mellon University is a world leader in software research and education. The world-famous Software Engineering Institute, home of the Capability Maturity Model® (CMM) and Capability Maturity Model Integration (CMMI), is part of Carnegie Mellon. For more details, see http://www.cmu.edu/.

About iCarnegie, Inc.
iCarnegie, Inc., a subsidiary of Carnegie Mellon University, was founded by Dr. Allan Fisher and Dr. Phil Miller in 1998 (originally as Carnegie Technology Education), with the goal of sharing and supporting leading curriculum programs for a large number of individuals, through a worldwide community of partner schools. iCarnegie's initial focus is its professional-level Software Systems Development curriculum, "powered by" the world-leading software education at Carnegie Mellon University; under this program, iCarnegie also provides professional-level certifications in Computer Programming and Software Systems Development. iCarnegie has recently launched with Carnegie Mellon a program to offer Carnegie Mellon master's degrees in information technology through a select set of international universities. In addition, iCarnegie's Institution Building services provide assistance, advice and support to new and existing post-secondary institutions that seek to provide the highest-quality education to their students. For further information, contact iCarnegie by email: info@icarnegie.com or phone: +1 412-622-2150. Web sites: www.icarnegie.com and www.icarnegie.com/msit

About the University of Malaya
The University of Malaya (Universiti Malaya, or UM) is the oldest and most highly respected tertiary institution in Malaysia and one of the longest established in the region. The origins of the university can be traced back to 1905, with the creation of the Straits Settlements and Federated Malay States Government Medical School, which was combined with Raffles College (founded 1929) to form the national university of the Federation of Malaya under the name University of Malaya. As a premier higher education institution, UM remains the first choice university of most students, especially in traditional disciplines like medicine, law, engineering and accountancy. The university is currently ranked 13th in Asia and 89th in the World (2004 World University Ranking, Times Higher Education Supplement). The university currently has approximately 20,000 undergraduate and 8,000 graduate students, and provides facilities for research in nearly 50 disciplines at the Masters and PhD levels. UM boasts over 100,000 graduates.

About the University of Malaya Centre for Continuing Education
Established in 1998, the University of Malaya Centre for Continuing Education (UMCCed) encourages continuing learning experience for adults with learning being an important aspect of the transition to a knowledge-based economy. The Centre is a convergent point of academia and industry, drawing the expertise of qualified lecturers from University of Malaya (UM) and practitioners in the industry to provide the training required by a k-economy workforce. Programmes at the Centre are structured to suit the needs of corporate bodies for people with specific professional needs. UMCCed, dedicated to the ideals of lifelong education, offers numerous programmes to working adults to acquire additional knowledge and skills related to their vocation for career advancement. UMCCed is located at UM City Campus which provides a perfectly relaxed and peaceful learning environment in the heart of capital city Kuala Lumpur.

About Comat Academy Sdn Bhd
Comat Academy Sdn Bhd is part of the Comat International Group - a regional education and technology group with offices in Malaysia, Singapore and Indonesia. Comat is privately held and operationally headquartered in Kuala Lumpur, Malaysia. Comat's main education focus is in the area of executive training, post-graduate programs and tertiary institution building. Comat's strong links to some of the top universities in the world has allowed Comat to develop quality customized education solutions, seminars, workshops and consultancy to our corporate clients. Comat is in the process of setting up its own tertiary education infrastructure to host its own undergraduate, postgraduate and executive leadership programs.

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