[Press Release] ISSQUARED Establishes Malaysia Technology & Innovation Hub in Penang to Accelerate Global Engineering and Product Development


Click here to view more photos
Penang, Malaysia – August 5, 2026 – ISSQUARED Inc., a global provider of end-to-end IT solutions and managed services, today announced the opening of its Malaysia Technology & Innovation Hub in Penang, marking a significant milestone in the company’s global expansion strategy and reinforcing its commitment to innovation and the strengthening of its hardware product development capabilities.
ISSQUARED’s Malaysia operation will serve as a strategic innovation hub for server, storage, network, and laptop product development. The facility will support global engineering efforts, including hardware design, system integration, firmware development, testing and validation, and prototype preparation. It will also provide supply chain support for engineering builds and material coordination.
“The investment strengthens ISSQUARED’s ability to expand our engineering capabilities and speed up product innovation,” said Bala Ramaiah, Founder and CEO of ISSQUARED® Inc. “The Penang center also strengthens the company’s global engineering network by increasing operational flexibility and improving supply chain agility.”
“Today’s opening marks a significant milestone for ISSQUARED and reflects Penang’s continued success in attracting technology‑driven and innovative companies that strengthen our ecosystem,” said Dato’ Seri Loo Lee Lian, CEO of InvestPenang. “As AI adoption continues to expand, the demand for secure digital infrastructure, advanced computing platforms, high-performance hardware and sophisticated engineering capabilities will continue to grow. Facilities such as ISSQUARED’s Technology & Innovation Hub in Penang can contribute to this transformation by supporting the development of reliable digital solutions and strengthening the ecosystem required for the next generation of technology-driven industries,” she added, said Dato’ Seri Loo Lee Lian, CEO of InvestPenang.
As the Malaysia operation evolves, ISSQUARED plans to further expand the center’s capabilities to support additional engineering and operational functions, reinforcing its long-term vision of building a globally connected innovation ecosystem.
END
About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realise its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), Global Business Services (GBS) Focus Group (promoting and developing digital economy), Penang Silicon Design @5km+ (establishing a unique and interconnected ecosystem for IC design and technology enterprises), and Penang ATE Campus (accelerating the co‑development, qualification, and scaling of Malaysian ATE solutions by enabling first-customer deployment). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; WhatsApp Channel and TikTok.
About ISSQUARED, INC.
ISSQUARED® is a leading IT and IT Security Products and Solutions Provider, with an established presence delivering multi-million-dollar Cyber Security, Cloud Infrastructure, and Managed Services solutions to hundreds of customers, including Fortune 500 companies. Our very company name underscores our belief in our core competencies of IT Security (IS), strengthened by Infrastructure Solutions (IS), to forge the greatest value our clientele (IS^2), represented as ISSQUARED®. ISSQUARED® is headquartered in the Greater Los Angeles area, with prominent clients supported through various U.S. and global office locations. ISSQUARED Inc.’s Engineering & Security Operations are based in Chardon, Ohio. For more information, please visit www.issquaredinc.com or visit us on social media: https://www.linkedin.com/company/issquaredinc/
For media enquiries, please contact:
InvestPenang
Elaine Cheah / Ong Yih Hwa
elaine@investpenang.gov.my / yihhwa@investpenang.gov.my
T: +604-646 8833
ISSQUARED® Inc
Taha Mughir
tmughir@issquaredinc.com
T: +1 503 360 6527