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CDC Corporation Promotes Kim Liou to General Counsel.


Liou to Direct Worldwide Legal Team as Company Positions for Rapid Growth, Continued Acquisitions and Potential Carve-Out of Business Units

ATLANTA & BEIJING -- CDC See Control Data, century date change and Back Orifice.

CDC - Control Data Corporation
 Corporation (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
: CHINA), focused on enterprise software, mobile applications and online games, today announced the promotion of Kim Liou to general counsel.

As general counsel of CDC Corporation, Liou's responsibilities include overseeing a worldwide legal team, company-wide legal policies, corporate governance Corporate Governance

The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law.
, securities and Sarbanes-Oxley compliance, mergers and acquisitions, intellectual property, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
, and legal support for CDC's business units. Liou will report directly to Peter Yip, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CDC Corporation.

Since 2003, Liou has served as senior legal counsel where he helped transform CDC Corporation from an Internet portal company with less than $50 million of revenues to an enterprise software, online games, mobile value-added services and Internet portal company with revenues of more than $300 million forecast for 2006. He has been the lead attorney in the company's mergers and acquisitions, including Ross Systems, Industri-Matematik, Pivotal Corporation and several smaller acquisitions during 2006. Liou also was lead attorney in the recent $168 million offering of convertible exchangeable notes to private equity investors in anticipation of potential carve-outs of the company's CDC Games and CDC Software business units. Additionally, Liou has been responsible for managing corporate policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental , including compliance with certain requirements of Sarbanes-Oxley through formulation of the corporation's disclosure controls and procedures and documenting internal policies and procedures.

Prior to joining CDC, Liou worked as an attorney in the investments group of insurance giant, MetLife, Inc. in New Jersey. He also served as an attorney for Davis Polk & Wardwell, a global law firm, in their New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Hong Kong and California offices.

Liou holds bachelor's degrees in mathematical and computational science and Asian languages from Stanford University and a J.D. degree from Cornell University, specializing in Business Law and Regulation and International Legal Affairs. Liou has been admitted to the Bar in both California and New York.

"I am very pleased to promote Kim who has provided valuable strategic advice in all our legal matters and has been a key to our successful acquisitions, corporate transactions and rapid growth," said Yip. "Kim has proven his leadership abilities and in his expanded role, Kim will serve as our compliance officer for CDC Corporation, with significant responsibilities in our Sarbanes-Oxley compliance initiatives and ensure that we maintain a high standard of corporate governance. Kim will also manage our world-class legal team as we continue to pursue additional acquisitions and work toward carving out two of our business units to further unlock shareholder value."

"It is a great honor to receive this promotion," said Liou. "I am looking forward to taking on the new challenges and opportunities to help us achieve our growth objectives while working closely with the audit committee and board of directors to ensure that we maintain a very high standard of corporate governance."

About CDC Corporation

The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net.

About CDC Software

CDC Software, The Customer-Driven Company[TM], is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software's product suite includes the Pivotal CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  (customer relationship management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM Microsoft Dynamics CRM is a Customer Relationship Management software package developed by Microsoft. It is a part of the Microsoft Dynamics family of business tools.

The current version of Dynamics is 3.0, released on December, 2005.
 platform, Ross ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  (enterprise resource planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
) and SCM (1) (Software Configuration Management, Source Code Management) See configuration management.

(2) See supply chain management.
 (supply chain management), MVI MVI Multivitamin
MVI Multi-Vendor Import
MVI Melt-Volume Index
MVI Motor Vehicle Incident
MVI MODIS Vegetation Index
MVI Multiple Variable Inversion
MVI Microsoft Virus Initiative
MVI Multi-Vitamin Injection
MVI Motion Video Instructions
 real-time performance management, IMI IMI International Masonry Institute (Washington, DC)
IMI Israel Military Industries
IMI Institute of the Motor Industry
IMI International Market Insight
IMI Imposto Municipal Sobre Imóveis (Portugal) 
 warehouse management and order management, Platinum China HR (human resource) and business analytics solutions.

These industry-specific solutions are used by more than 5,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA) and is ranked number 18 on the Manufacturing Business Technology Manufacturing Business Technology (ISSN-1554-3404) is a trade publication and web site owned by Reed Business Information serving the information needs of executives across corporate, IT and operations functions within the manufacturing industry.  2006 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.

About China.com Inc.

China.com Inc. (stock code: 8006; website: www.inc.china.com), a leading MVAS MVAS Mobile Value-Added Services
MVAS Miami Valley Astronomical Society (Dayton, Ohio) 
 and Internet services company operating principally in China was listed on the GEM of the Stock Exchange of Hong Kong Stock Exchange of Hong Kong (SEHK)

Only stock exchange located in Hong Kong.
 Limited on March 9, 2000. In December 2000, China.com Inc. was admitted as a constituent stock of the Hang Seng IT and IT Portfolio Indices.

About CDC Games

CDC Games Limited is focused on building a diversified mix of online game assets and strategic alliances and is a business unit of CDC Corporation. CDC Games is one of the market leaders of online and mobile games in China with over 37 million registered users.

About CDC Mobile

CDC Mobile is focused on providing MVAS products to subscribers in China and is a business unit of CDC Corporation.

Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These forward-looking statements include statements regarding the potential carve-outs of CDC business units, continued acquisitions and future growth of the company and other statements that are not historical fact, the achievement of which involve risks, uncertainties and assumptions. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the enterprise software and online games industries; the continued ability of the company's enterprise software unit to provide products which address industry-specific requirements; the success of future online games; demand for and market acceptance of new and existing enterprise software and online games; and developmental delays for enterprise software products and online games. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2005 on Form 20-F filed on June 21, 2006. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 27, 2006
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