Aidea Bags Frame Agreement with Regus Group

9 March 2008

Aidea Philippines Inc. entered into a framework agreement last March 2008 with Regus, the world's largest provider of outsourced workspace, to be its design partner for all Regus projects in Europe, the Middle East and Africa (EMEA).

Regus is a multinational corporation that provides serviced office accommodation in business centers worldwide. As of March 2010, it operates 983 business centers in 78 countries. The company is listed on the London Stock Exchange and is headquartered in Luxembourg.

The agreement reinforces Aidea's expertise in corporate interior design, which consists of developing efficient office layouts. This is exhibited in the varied plans it has developed for Regus, ranging from standard to budget to plug and play.

Regus and its brands (HQ and Regus Express) provide serviced offices, virtual offices, meeting rooms, and videoconferencing to clients on a contract basis. Regus caters to small businesses, large companies with few representatives in a given location, and frequent travellers.

To date, Aidea has designed more than 50 offices for Regus. The Europe-based company appreciates the high quality of work and work ethic of Aidea, and working with staff that are imaginative, creative and articulate, hence the continued support.