CDC Software (NASDAQ: CDCS), a provider of industry-specific
enterprise software applications and business services, today
announced the signing of a reciprocal original equipment
manufacturer (OEM) agreement with Pilgrim Software, Inc., a leading
global provider of enterprise compliance and quality management
(ECQM) software solutions, under which both companies will sell
each other’s solutions.
This OEM partnership is expected to help CDC Software expand its
footprint in the highly regulated industries of life sciences and
consumer packaged goods (CPG). As part of the agreement, Pilgrim
will sell CDC Software’s technology solutions to further increase
its compliance platform. In turn, CDC Software will sell its Ross
Enterprise solutions with Pilgrim’s SmartSolve ECQM solutions.
Pilgrim offers solutions for highly regulated markets, such as
Life Sciences, Food and Beverage, Consumer Packaged Goods (CPG),
and Chemical industries, that manage key compliance and quality
management processes such as change management, nonconformance and
corrective and preventive actions (CAPA), customer complaints,
document and content management, employee training, internal and
external audit management, investigations, and risk management.
CDC Software offers a comprehensive technology portfolio of
compliance solutions that include: Ross ERP, CDC Respond, a
complaint and feedback management solution, and X-alert, an Event
Management tool. With Ross Enterprise solutions, CDC Software
ensures product compliance by supporting FDA, HACCP, Track and
Trace, Good Manufacturing Practice (GMP), 21CFR Part 11 and other
regulations specific to the Food and Beverage, Life Sciences and
Chemical industries. CDC Respond addresses government regulatory
compliance requirements, such as those in the U.K. and India, in
the area of complaint handling and processing. CDC Software also
supports environmental health and safety compliance through Ross
ERP partner 3ECompany, and financial compliance reporting for
Sarbanes-Oxley through Ross Enterprise’s financial
applications.
“This OEM agreement will enhance our compliance offerings and
broaden our already significant footprint in the Life Sciences and
CPG markets,” said Bruce Cameron, president of CDC Software. “The
combination of Pilgrim’s compliance and quality management products
with CDC Software solutions will help customers ensure product
safety and compliance, reduce manufacturing and administrative
costs, mitigate risk and liability and improve customer
satisfaction. The OEM agreement also further illustrates how CDC
Software has continued to expand its industry solutions to address
customers’ specific and evolving business and regulatory
requirements.”
“We are excited to reach this agreement with CDC Software, which
will expand our respective broad solution stacks that will further
strengthen our solution offerings to our customers,” said Prashanth
Rajendran, chief operating officer of Pilgrim Software. “By
leveraging the relevant CDC products, Pilgrim is expected to make
further in-roads into providing our customers a more proactive and
predictive quality, compliance and risk management solution
framework. With this expanded approach, and both of our companies’
products and industry expertise, manufacturers and life sciences
companies now have a comprehensive solution to meet their daily
operational and regulatory challenges that can enhance their
competitive position in the market.”
About Pilgrim Software, Inc.
Pilgrim Software, Inc. is a world-leading provider of Enterprise
Compliance and Quality Management solutions for global
organizations. Named 2007 & 2008 North American Enterprise
Compliance & Quality Management Company of the Year by Frost
& Sullivan, Pilgrim helps organizations manage industry and
regulatory compliance, reduce manufacturing costs and improve
customer satisfaction. For more information, visit Pilgrim
Software’s website at ww.pilgrimsoftware.com.
About CDC
Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
provider of enterprise software applications and services 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),
CDC Ross ERP (enterprise resource planning), CDC Supply Chain
(supply chain management , warehouse management and order
management),CDC X-alert, e-M-POWER (discrete manufacturing), CDC
Pivotal CRM and Saratoga CRM (customer relationship management),
CDC Respond (customer complaint and feedback management), c360 CRM
add-on products, industry solutions and development tools for the
Microsoft Dynamics CRM platform, CDC HRM (human resources) and
business analytics solutions.
These industry-specific solutions are used by more than 6,000
customers worldwide within the manufacturing, financial services,
health care, home building, real estate, 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, technical support and IT consulting. For more
information, please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software (NASDAQ: CDCS)
focused on enterprise software applications and services, CDC
Global Services focused on IT consulting services, outsourced
application development and IT staffing, CDC Games focused on
online games, and China.com, Inc. (HKGEM:8006) 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 of 1995. These forward-looking statements include
statements regarding our and Pilgrim Software’s expectations
regarding the OEM relationship and the potential benefits of this
relationship to each party, the intentions and beliefs of both
parties relating to market expansion and penetration, our beliefs
relating to the sale of Pilgrim Software solutions to the Ross
customer base, our expectations and those of Pilgrim with respect
to market and customer needs, demands and preferences, our beliefs
regarding present and future product support and development, our
expectations regarding the effects and benefits of this OEM, our
beliefs regarding the continuation of our relationship with Pilgrim
and our continuing ability to offer these products, our ability to
leverage vertical industry specialization to gain competitive
advantages, and other statements that are not historical fact, the
achievement of which involve risks, uncertainties and assumptions.
If any such risks or uncertainties materialize or if any of the
assumptions proves incorrect, our results could differ materially
from the results expressed or implied by the forward-looking
statements we make. 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 the following: (a) the
ability to realize strategic objectives by taking advantage of
market opportunities; (b) the ability to make changes in business
strategy, development plans and product offerings to respond to the
needs of current, new and potential customers, in the process
manufacturing industries; (c) the ability to address technological
changes and developments including the development and enhancement
of products; (d) the ability for Pilgrim to continually offer and
support new compliance solutions; and (e) the fulfillment of
contractual obligations by our partners. Further information on
risks or other factors that could cause results to differ is
detailed in our filings or submissions with the United States
Securities and Exchange Commission, and those of our ultimate
parent company, CDC Corporation, located at www.sec.gov. 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. Historical results are not
indicative of future performance.
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