According to industry sources, the MSC-status software developer had paid one month deposit of rental to Multimedia Development Corporation (MDC) eight months ago.
TMS was told the building project was delayed because the tenancy take-up was "extremely" low. The developer is Dyna Properties Sdn Bhd.
"The delay does not affect our business because our operations and R&D have been running out of Petaling Jaya since 1996. Our R&D could be done from virtually anywhere but developing a product in the Multimedia Super Corridor (MSC) could add more branding power," TMS executive director Darren Chang said in an e-mail reply to Malaysia.CNET.com.
The 1,000 square feet center will be manned by 10 local staff. It will be used to enhance existing TMS' products such as tmsPublisher, tmsSeed, tmsIntranet, as well as to develop new ones.
"Our investment for the center includes renovations, basic office equipment and R&D equipment that includes servers and communication services. We estimated the cost to be quite minimal," Chang added.
He pointed out that for the time being, TMS which attained MSC status in September 1999, is focusing on marketing and selling its products, especially in the wake of the success of tmsPublisher in Singapore.
tmsPublisher won the Best Software Award category at the COMDEX/Asia 2001 exhibition held in Singapore last month.
"We will add new features in the software such as personalization, syndicated engine and wireless capabilities," he said, explaining the syndicated engine allows users to sell contents and match them to other web sites while the wireless features will support wireless application protocol (WAP) content alert and access.
The company already has sales offices in Singapore, Hong Kong, Los Angeles, Baltimore, and is now eyeing Japan, Australia and Britain.
Chang said the company--established April 1996--has been in the black since last quarter and expects to double its revenue to RM6 million by year end.
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