PRESS RELEASE

Piktochart Wins Malaysia APICTA Best of Start-up Companies Award

Online infographics tools developer recently secured commercialization funding from Cradle

Penang, Malaysia, November 14, 2012 – Piktochart, a fast emerging developer of online infographics tools recently gained twofold recognition, when it received the Best of Start-up Companies award at the Malaysia APICTA Awards 2012 held on October 16, coupled with securing commercialization funding from Cradle Fund Sdn Bhd, under the CIP500 grant.

Ai Ching Goh, co-founder of Piktochart said, “We are extremely delighted to have won the prestigious Best of Start-up Companies Award. Our developers have worked endlessly to bring Piktochart into fruition less than a year ago and we are very happy that our infographics solution is now being used globally. We thank APICTA for recognizing the quality of our efforts. This will further strengthen our company prospects.”

“Our growth is further aided by Cradle’s commercialization funding and support, which are crucial to our internal growth and to back up increase in product demand and support from our users around the globe. We appreciate Cradle’s recognition of our growth prospects and their support of our growth strategy,” Ching added.

“Today just about everyone who is serious about getting their message across is doing so on an online platform, and infographics is an excellent alternative to text-heavy content, especially when perusing information on the go, particularly on mobile devices. Cradle sees ample potential in Piktochart and we are excited to lend them a hand to grow their business. Indeed, looking at the awards and recognition they have garnered, I am confident our trust is in no way misplaced. I am also glad that Piktochart found our Coach and Grow Programme which provides structured coaching for entrepreneurs, beneficial,” said Nazrin Hassan, Chief Executive Officer of Cradle Fund Sdn Bhd (Cradle), the agency under the Ministry of Finance, Malaysia that manages the Cradle Investment Programme (CIP).

The CIP is Malaysia’s first development and technology commercialization funding program that enables Malaysia’s budding innovators and aspiring entrepreneurs to transform their raw technology-based ideas in the ICT, non-ICT and high growth technology industries into commercially viable ventures or local start-up companies to attain commercialization. More info on the CIP at

http://www.cradle.com.my/about/cradle-investment-programme/.

Piktochart will be amongst the MSC Malaysia APICTA winners to represent Malaysia at this year’s International APICTA Awards to be held in Brunei Darussalam on December 5, 2012. The MSC Malaysia Asia Pacific ICT Awards (MSC Malaysia APICTA), under the patronage of the Prime Minister of Malaysia, provides a platform to stimulate creativity, innovation and excellence in ICT in Malaysia, benchmark Malaysian ICT products and solutions, and to recognize outstanding achievements in ICT of students, technopreneurs, SMEs and organizations with operations in Malaysia.

Piktochart launched its beta version in December 2011 and shipped its first version of online infographics editing tools and themes in March 2012. Since the beta, over 100,000 users from around the world have signed up for its free version and the number of paid users continues to flourish. The company is currently expanding with a plan to increase product development team by January 2013. In May 2012, Piktochart was named a winner at the Echelon 2012 Vietnam Satellite. Piktochart was the grand winner of StartupMalaysia.org’s entrepreneurship program that began with the Silicon Valley Comes To Malaysia conference and pitching contest that kicked off on October 2011.

About Piktochart

Founded in 2011, Piktochart develops easy-to-use cloud-based infographics solutions that enable users to transform data into a meaningful pixelated one-page presentation.  Currently, over 100,000 users worldwide including students, non-profit organisations and professionals from various demographics have benefit from Piktochart’s robust infographics editing features and a wide selection of themes. Piktochart is headquartered in Penang, Malaysia. For more information, visit www.piktochart.com.

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