CDC Software Named One of Top 50 Fastest-Growing Software Companies.Company Ranking by Baseline Magazine Based on Organic Growth and High Customer Satisfaction in 2005 ATLANTA -- CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Software, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CDC 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) and a provider of enterprise software applications, announced today that it was named "One of the 50 Fastest-Growing Software Companies 2006" by Baseline Magazine for its enterprise software solutions including 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), 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, 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. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Baseline, only public software companies that generated more than $10 million in revenue in the calendar years 2004 and 2005 were considered. Companies were required to derive the majority of their revenue from software-related businesses, which excludes IT consulting and services firms and companies that are primarily content providers. "We are very proud to be listed as one of the Top-50 fastest-growing software companies," said Eric Musser, president of CDC Software. "This is especially satisfying because our growth during 2005 was driven by our consistent ability to deliver measurable value to our customers. Since 2005, we have experienced accelerated growth, both through organic expansion within our targeted vertical industries, and through strategic acquisitions. Looking ahead, as we continue to establish our solutions as the defacto standards for the industries we serve, CDC Software is well positioned for this growth trend." This recognition comes after a spate of awards and recognition for CDC Software this year. The Company was recently recognized in: "SecuritiesTech 50" by Securities Industry News for its Pivotal Customer Relationship Management (CRM) software. Pivotal was the only CRM system included in the Top 50 listing of solutions for the securities industry. Additionally, CDC Software was recognized in the "Global 100," and ranked #18 among the top global enterprise software companies by 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. ; listed as one of the "Companies to Watch," by Supply & Demand Chain Executive; ranked as one of the "Top 15" CRM software packages by ISM See ISM band. Inc., a premier CRM consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a ; selected as both the number one sales, marketing and customer service automation product and overall IT product of the year by the Innovative Housing Technology Awards (IHTA IHTA I Have To Admit IHTA I Hasten To Add Awards); "Best Process Manufacturing Solution" at the Annual Conference of 100 Leading Software and Enterprises, sponsored by ERPWorld.Net and the Chinese Institute of Electronics (CIE (Commission Internationale de l'Eclairage, International Commission on Illumination, Vienna, Austria, www.cie.co.at) An international organization that sets standards for all aspects of lighting and illumination, including colorimetry, photometry and the measurement of visible and ); "Top Ten Business Management Solutions Providers in China," by ERPWorld.Net and the Chinese Institute of Electronics; and was named as one of the world's largest software companies The Forbes Global 2000 includes the following list of the world's largest software companies. Relative rank Global rank Name Country Sales ($bil) Profits ($bil) Assets ($bil) Market Value ($bil) 1 54 Microsoft United States , jumping 13 rankings from last year, in Software Magazine's annual Software 500. Several customers of CDC Software have also been recognized recently for their achievements enabled by the enterprise systems and consulting services provided by CDC Software. These customers include: * Wise Foods was selected by Consumer Goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and Technology as one of the top 25 "SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. (Small and Medium-Size Business) Fast Track" companies for 2006. Award recognized Wise's use of the Ross OnePlan production scheduling solution to reduce inventory, increase customers' service levels and respond effectively to varying demand. * KK Fine Foods was highly commended in the Manufacturing and Business Management category at the 2006 Best of British Manufacturing IT Awards. The awards recognize the very best IT strategies and implementations in British manufacturing industry. KK Fine Foods experienced a 54% increase in profits and 15% drop in product waste since the 2003 implementation of Ross ERP. * Berner Foods was awarded Private Label Buyer's 2006 Category Colonel Award for using the Ross ERP Application from CDC Software to Achieve Success in Private-Label Manufacturing. * Two customers of CDC Software's MVI real-time performance management (RPM) applications, including Amtico International, were recently recognized for significant achievements at the prestigious 2006 Best of British Manufacturing IT Awards. 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), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Ross ERP (enterprise resource planning) and SCM (supply chain management), MVI real-time performance management, IMI 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 2006 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com. About Ross Systems Ross Systems, Inc., a software unit of CDC Corporation (NASDAQ: CHINA), delivers innovative software solutions that help manufacturers worldwide fulfill their business growth objectives through increased operational efficiencies, improved profitability, strengthened customer relationships and streamlined regulatory compliance. Focused on the food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , life sciences, chemicals, metals and natural products industries and implemented by more than 1,200 customer companies worldwide, the company's family of Internet-architected solutions is a comprehensive, modular suite that spans the enterprise, from manufacturing, financials and supply chain management to customer relationship management, performance management and regulatory compliance. For more information, visit www.rossinc.com. About Pivotal Corporation Pivotal Corporation, a division of CDC Software, a subsidiary of CDC Corporation (NASDAQ: CHINA), is a leading provider of customer relationship management (CRM) applications to help organizations create superior customer experiences. Pivotal's CRM applications offer rich functionality, a highly flexible application platform, a full application suite, and best-in-class customization abilities, all with a low total cost of ownership. Pivotal delivers software and services that are used by more than 2,000 companies around the world to produce meaningful increases in revenues, margins, and customer loyalty. Pivotal's complete CRM software suite includes a powerful application platform and additional capabilities in analytics, mobile CRM, and partner management. For more information about Pivotal Corporation, please visit www.pivotal.com 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 statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. Factors that could cause actual results to differ materially from those anticipated in the forward looking statements include, quarterly fluctuation of software product license revenue, weakening of customer demand for enterprise systems, maintenance of a minimal backlog, and uncertainty of demand for new product offerings. Further information on risks or other factors that could cause results to differ are detailed in filings or submissions with the United States Securities and Exchange Commission made by our parent, CDC Corporation, including 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. |
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