CDC Software Forms Strategic Partnership for its On-Demand eCommerce Platform with Escalate Retail’s Cross-Channel Retail S...
March 22 2010 - 7:30AM
Business Wire
CDC Software (NASDAQ: CDCS), a global provider of enterprise
software applications and services, today announced it has entered
into a strategic partnership with Escalate Retail, a leading
provider of cross-channel commerce solutions, where both businesses
have agreed to offer their respective solutions that together will
offer an end-to-end Software-as-a-Service (SaaS) e-Commerce and
Order Management solution to customers.
Under this agreement, CDC eCommerce, previously known as
Truition prior to its acquisition by CDC Software last year, will
be targeted to Escalate’s retail and direct marketing customers
seeking a SaaS eCommerce platform. Escalate will target CDC
eCommerce retail and brand manufacturing customers with their order
management and relationship marketing solutions.
“We are very excited to partner with Escalate Retail and offer
their on-demand order management platform to our customers,” said
Bruce Cameron, president of CDC Software. “We believe that the
combination of these two powerful solutions brings one of the most
innovative SaaS eCommerce platforms and cross-channel retail and
order management solutions to the market that can help customers
deliver a superior online retail experience for their
consumers.”
“We believe that CDC eCommerce will help our small and
medium-size (SMB) customers operate in an on-demand eCommerce
environment to enhance their business model and help lower their
total cost of technology ownership, while also helping them to
further improve their online sales,” said Stewart Bloom, CEO of
Escalate Retail. “Both of these solutions will bring significant
capabilities to the SMB market.”
About CDC eCommerce
CDC eCommere is a leading on-demand eCommerce platform for
retailers and manufacturers that helps them effectively sell
products through multiple online sales channels and across
international boundaries. Powering more than 150 ecommerce sites in
10 countries, CDC eCommerce provides its client base with a unique
combination of technology and professional services, allowing these
organizations to effectively outsource core elements of their
eCommerce operations. Many of the most well respected brands in the
world, such as Sirius Satellite Radio, Major League Baseball, and
Dell Financial Services, use CDC eCommerce.
About Escalate Retail
Escalate Retail is the #1 provider of retail solutions that
drive cross-channel excellence and personal, relevant shopping
experiences – on the web, in the store, on your mobile device, and
over the phone. Escalate’s All-Channel Commerce delivers
revenue-driving interactions in every channel through a
powerful portfolio of
solutions, including e-Commerce, m-Commerce, Store
Kiosks, Pocket Kiosks, Relationship Marketing, Clienteling,
and Order Management. More than 500 retailers run their
businesses on Escalate software, including 11 of the largest 100
retailers worldwide, over 50 of the Internet Retailer top 500
e-Commerce sites and 14 of STORES Magazine’s “Hot 100”. The company
maintains headquarters in San Diego, CA with three additional
offices located across North America and Europe. For more
information, visit www.Escalate.com.
About CDC Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
provider of enterprise software applications and a full range of
services designed to help organizations deliver a superior customer
experience, while increasing efficiencies and profitability.
Leveraging a service-oriented architecture (SOA), CDC Software
offers multiple delivery options for their solutions including
on-premise, hosted, cloud-based Software as a Service (SaaS) or
blended-hybrid deployment offerings. CDC Software’s solutions
include enterprise requirements planning (ERP), manufacturing
operations management, enterprise manufacturing intelligence,
supply chain management (demand management, order management and
warehouse and transportation management), e-Commerce, human capital
management, customer relationship management (CRM), complaint
management and aged care solutions.
CDC Software’s recent acquisitions are part of its “acquire,
integrate, innovate and grow” strategy. Fueling the success of this
strategy is the company’s global scalable business and
technology infrastructure featuring multiple complementary
applications and services, domain expertise in vertical markets,
cost effective product engineering centers in India and China, a
highly collaborative and fast product development process utilizing
Agile methodologies, and a worldwide network of direct sales and
channel operations. This strategy has helped CDC Software deliver
innovative and industry-specific solutions to more than 6,000
customers worldwide within the manufacturing, distribution,
transportation, retail, government, real estate, financial
services, health care, and not-for-profit industries. For more
information, please visit www.cdcsoftware.com.
Escalate Retail and the Escalate Retail logo are trademarks of
Escalate, Inc.
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 Escalate’s expectations regarding this
relationship and the potential benefits of this relationship to
each party and their respective customers, our beliefs and
expectations regarding product offerings and target markets under
this strategic relationship, our beliefs regarding the utility and
benefits of a combined product and solution offering, our beliefs
regarding the intentions and beliefs of both parties relating to
market expansion and penetration and performance under this
strategic partnership, our beliefs relating to the sale of Escalate
solutions to the CDC Truition and other CDC Software customer base,
our expectations and those of Escalate with respect to market and
customer needs, demands and preferences, our beliefs regarding
present and future product support and development 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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