On March 12, 2012, a signing Ceremony of Memorandum of Understanding (MoU) between Tinhvan Technologies JSC (Tinhvan Group) and its partner Altibase Corporation (Altibase) was held in Hanoi. The signing ceremony was attended by Mr. Hoang To, Chairman cum General Director of Tinhvan Group, Mr. SUNGJIN KIM – President and CEO of Altibase Corp together with other Tinhvan Group’s and Altibase Corp’s leaders.

Altibase is a leading provider of database performance solutions that provide real-time access, analysis, and distribution of high volumes of data in mission critical environments. Altibase international headquarter is located in Seoul, South Korea with its subsidiary office in Palo Alto, CA (USA). Dominating the data performance solutions market in Asia, Altibase has started its global expansion with its new office in Silicon Valley, USA.

Leaders of Tinhvan Group & Altibase Corp formally signing the MoU

Altibase has more than 300 customers within the telecommunications, financial services, manufacturing, utilities and public sectors. Key customers include South Korea Telecom, China Mobile, China Telecom, SK Securities, Hyundai Securities, Woori Securities, Samsung Electronics, LG Electronics, Korea Electric Power Company, numerous government agencies and Korea Military Services. In 2011, Altibase was selected by Korean Ministry of Knowledge Economy and Korea Advanced Institute of Science and Technology to be Korea’s top 10 ^best new technologies.