The Maybach Review: Microsoft Named Preferred Technology Partner in 'City of the Future' Project

RDATE:09052008

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Microsoft Corp. was up over $0.02 on below average volume early trading Friday, May 9, 2008. They recently announced the following:

Friday, May 9, 2008 - Microsoft Corp. will play a key role in creating a ubiquitous computing environment for future citizens and businesses of Songdo International Business District (IBD). The city of the future is currently under construction in Incheon just 40 miles southwest of Seoul, South Korea. Songdo will be the first "new" city in the world designed and planned as an international business district. Microsoft has signed a memorandum of understanding (MOU) with Gale International, the developer responsible for the $35 billion (U.S.) project, to collaborate to deliver technology and infrastructure and create a cutting-edge, digitally connected and environmentally sustainable city for the benefit of citizens, businesses and government.

"Designing an entirely new city from the ground up provides a unique opportunity to create an ideal technological infrastructure in which access to digital capabilities and experiences is an inherent part of the living and working environment across people's lives," said Bill Gates, chairman of Microsoft, in a keynote address at the Government Leaders Forum-Asia in Jakarta, Indonesia. "Microsoft is pleased to join with Gale International, which is working closely with the governments of Korea and Incheon and the Incheon Free Economic Zone Authority to help turn this exciting vision into reality."

Microsoft, Gale International and the Korean government are working to identify the technological requirements of this state-of-the-art project. Plans include providing a common interface to connecting to government services via Windows Mobile and the Microsoft Citizen Service Platform, as well as the implementation of technologies that empower this LEED-Neighborhood Development certified city and the use of tools such as the upcoming Microsoft Surface combined with Virtual Earth to provide greater access via kiosks to information on the city as an international gateway to residents and visitors.

"I am very glad to have Microsoft as one of the major technology partners for the ubiquitous connectivity of Songdo IBD, a part of the Incheon Free Economic Zone," said Heon-Seok Lee, commissioner of the Free Economic Zone Authority. "I am confident that Microsoft's technologies will successfully make Songdo IBD a cutting-edge technology-enabled city, which will accelerate Incheon Free Economic Zone's city development and investment promotion."

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