CDC Software Provides Update on Recent Sales Wins.Company Has Signed Three Multi-Million Dollar Contracts to-date During the Second Quarter of 2008 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. & ATLANTA -- CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Software, a wholly-owned subsidiary 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 industry-specific enterprise software and services, today announced that it has recently entered into three multi-million dollar sales contracts with leading global enterprises. The company has recently seen some encouraging business activity during this economic downturn, which has generally negatively impacted the overall enterprise software industry. Over the last few weeks, the company has signed three multi-million dollar contracts with leading organizations for different solutions in their particular industries. CDC Software was recently awarded a contract in excess of one million U.S. dollars for its CDC Factory manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. management solution with a global manufacturer. The company believes that it was awarded this contract because of CDC Factory's ability to help reduce costs, increase operational efficiency and capacity. In addition, CDC Software has just recently signed a multi-million U.S. dollar and multi-year contract to provide information technology services, products and support to a major sports entity based in Australia. Specifically, this entity awarded CDC Software a national implementation contract that bundles CDC Software services, with CDC MarketFirst CDC MarketFirst is marketing automation software http://en.wikipedia.org/wiki/E-mail_marketing and a brand name of CDC Software. Functionality CDC MarketFirst is a robust marketing automation platform with features and functionality that cover multiple aspects of marketing, from campaign and marketing management solution, as well as c360's CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solution. CDC Software believes that this sale reflects the merits of the company's strategy in delivering end-to-end business solutions and its strong cross-selling capabilities. "The transaction with a major sports entity in Australia is significant on several fronts," said Peter Yip, chairman of CDC Software. "First, we believe it confirms and endorses our solutions' capabilities in the marketplace. The organization was looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. partner who could deliver end-to-end, best of breed solutions like CDC MarketFirst and c360. We believe that our ability to bring together all of our strong core expertise in systems integration and CRM and marry it with our own family of CDC marketing solutions, demonstrates great synergy and team work and validates our highly differentiated business model." The third, recent significant transaction is with a consumer-based organization located in Estonia, which operates retail, as well as three hyper-markets in the region. The customer has purchased CDC Supply Chain software, services as well as hardware, with a value exceeding one million U.S. dollars. "We are very pleased to add another significant CDC Supply Chain customer," said Yip, "This customer was looking for a fully-integrated suite for ordering and warehouse processing to provide visibility for its central warehouse, two distribution centers, as well as 400 stores. We are very proud, as this is our fifth new customer for CDC Supply Chain this year." "Despite the downturn that has been impacting the broad economy, we are still seeing several relatively large opportunities for CDC Software," added 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. "We are very pleased to have recently closed three such deals so far in the second quarter of 2008." 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: CDC Factory (manufacturing operations management), 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), CDC Supply Chain (supply chain management, warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), CDC MarketFirst (marketing automation and lead management), Respond (customer complaint and feedback 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, Platinum HRM HRM Her/His Royal Majesty HRM Human Resources Management HRM Heart-Rate Monitor HRM Halifax Regional Municipality (Canada) HRM Hotel Restaurant Management HRM Hrvatska Ratna Mornarica (Croatian Navy) (human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. ) and business analytics solutions. These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , 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 12 on the MBT MBT Minimum (Spark Advance For) Best Torque MBT Masai Barefoot Technology MBT Main Battle Tank MBT Mechanical Biological Treatment (waste treatment) MBT Mercaptobenzothiazole MBT Master of Business Taxation 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com. About CDC Corporation The CDC family of companies includes CDC Software focused on enterprise software applications and services, 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. 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, and includes statements relating to our beliefs regarding the functionality and benefits of using CDC Factory and other of our products, our beliefs regarding the merits of our product, marketing and selling strategies, our beliefs regarding our solutions' capabilities in the marketplace and our ability to bring together expertise in systems integration, CRM, marketing solutions, our beliefs regarding the synergies we may create and our business model, and other statements we may make, 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 continued ability of Pivotal CRM solutions to address requirements of non-profit organizations; demand for and market acceptance of new and existing CRM solutions; development of new functionalities which would allow organizations to compete more effectively and changes in the type of information required to compete in their respective industries. 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, 2006 on Form 20-F filed on July 2, 2007. 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion