Business Objects Announces Entry to Greater China.CUPERTINO, Calif.--(BUSINESS WIRE)--March 1, 1996--Business Objects (BOBJY), a leading provider of enterprise decision support tools, is joining forces with Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. based Pacific Technology Group to bring its client/server decision support tool, BusinessObjects, to The People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China, Hong Kong, and the Taiwan Republic of China. Under the agreement, Pacific Technology Group will establish a fully owned subsidiary called Business Objects Greater China that will be fully dedicated to the non-exclusive distribution, marketing, and support of Business Objects' products in the region. Business Objects will not be a shareholder of Business Objects Greater China. This alliance will enable Business Objects to leverage Pacific Technology Group's infrastructure in Beijing, Shanghai, and Hong Kong, including access to Pacific Technology Group's customers that have over the last few years deployed client/server systems throughout their enterprises. "Business Objects was established only five years ago and has enjoyed healthy growth in Europe, the USA, and Japan," said Ricardo R. Fuchs, managing director of Business Objects Asia Pacific Pte. Ltd. and group vice president of Business Objects S.A., the parent company headquartered in Paris, France. "In 1996, our plan is to bring our vision and technology to the Greater China region." "We anticipate that the Greater China region will be a major market for us. Therefore, we are very pleased at this opportunity to partner with the Pacific Technology Group, whose management has a strong and credible track record in the marketing and sales of client/server software technology in the region. Both companies are very customer focused, well resourced and results oriented." Business Objects Greater China, Pacific Technology Group, and Business Objects will jointly assess the timing for and, when appropriate, co-operate in the production of both Simplified and Traditional Chinese versions of BusinessObjects. BusinessObjects delivers the autonomy and reliability that mainstream business users require to easily access, analyze, and report on corporate data for effective decision making, while at the same time providing the IS staff with centralized control 1. In air defense, the control mode whereby a higher echelon makes direct target assignments to fire units. 2. In joint air operations, placing within one commander the responsibility and authority for planning, directing, and coordinating a military operation or group/category of over the full data access environment, security, and computer resource utilization. "Many companies in Hong Kong This is a list of companies from Hong Kong.
About Business Objects Business Objects (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BOBJY) is a leading provider of enterprise decision support tools that deliver access to data stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 with the introduction of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , BusinessObjects, the first decision support tool to use a "semantic layer Semantic Layer The semantic layer is a business representation of corporate data that helps end users access data autonomously using common business terms. Developed and patented by Business Objects, it maps complex data into familiar business terms such as product, " to map complex database schemas to a business representation understandable by mainstream business users. Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100% revenue growth. BusinessObjects has been licensed in more than 20 countries to over 2,500 customer sites and 130,000 users worldwide. Business Objects partners with leading third-party vendors, including Hewlett-Packard, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Informix, Microsoft, Oracle, PeopleSoft, Prism, Red Brick, Sun, and Sybase. Strategic resellers include Bull, Digital, Fujitsu, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , Price Waterhouse, Sequent, SHL SHL Shift Logical Left SHL Schweizerische Hochschule für Landwirtschaft (German: Swiss College of Agriculture) SHL Southern Hockey League SHL Silver Haired Legislature SHL Single Hidden Layer (neural networks) , Siemens Nixdorf See Fujitsu Siemens. , and Unisys. About Pacific Technology Group The Hong Kong based Pacific Technology Group was founded in 1991 to assist international technology companies penetrate the Asian markets, with particular emphasis on China and Hong Kong. It was responsible for the successful entry of database system vendors like Sybase Corporation into these markets and spearheading the introduction of Powersoft Corporation's Powerbuilder development tools. With offices in Hong Kong, Beijing, and Shanghai, the Pacific Technology Group offers sales, marketing, and professional services in the Greater China region. -0- Note to Editors: BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated. CONTACT: Business Objects Tracy Eiler, 408/973-9300 or Business Objects Asia Pacific Michael Belakhov, +61 2 9922 3049 or Business Objects Greater China Hillman Hillman was a famous British automobile marque, manufactured by the Rootes Group. It was based in Ryton-on-Dunsmore, near Coventry, England, from 1907 to 1976. Before 1907 the company had built bicycles. Lai, +852 2586 2320 |
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