About ABSI

CORPORATE HISTORY

The company started as a "random business idea". Over cups of coffee in McDonalds and in AIM, incubators of entrepreneurial ideas, Menchie Aragon and Josef Gohoc, discussed, brain-stormed, and put more "flesh" into the idea. Until a business plan was developed which was then presented to Mrs. Gohoc, Josef's mother, who readily provided the mobilization fund to start the business venture.

In September 6, 1996, the company was registered in the Philippines Securities and Exchange Commission with the corporate name: ASIAN BUSINESS SOLUTIONS, INC.; reflecting its Asian roots and it's mandate: to provide total business solutions. Drawing from the academic, professional and business background of Menchie Aragon, the founding company president, the initial business focus of the company became, Information Technology, without discounting opportunities in other business areas.

The company was organized with an initial manpower complement of eight and commercial operations started in January 1997 with the booking of several system development projects. Other projects came and the manpower complement grew, with mostly IT professionals providing the backbone of the organization.

Since then, the company launched aggressive business development and product development programs. Industry and technology linkages were likewise pursued to establish ABSI's presence in the market. The company organized it's Business Units namely, Insurance Systems Group; Enterprise Document Management Solutions Group and Special Project Group. Corporate Support Group was also organized to provide HR, Administrative, Finance, and Accounting Services, as well as IT Resources Management and Customer Service to support the growing concern of ABSI.