CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise
software provider of on-premise and cloud deployments, today
announced that it has signed a reciprocal original equipment
manufacturer (OEM) agreement with MIR3, Inc., a developer of
real-time Intelligent Notification software. Under this OEM
agreement, it is expected that both companies will offer an
end-to-end monitoring, alert/notification and resolution solution,
in on-premise, software-as-a-service (SaaS) or hybrid deployments,
to markets that include IT service management (ITSM), crisis
management and supply-chain operations focused on healthcare,
finance, energy, government, retail, logistics, and
manufacturing.
As part of this partnership, MIR3 has agreed to offer CDC
Software’s Event Management Framework (EMF), a real-time alerting
and proactive event detection and flexible resolution workflow
solution, as an integration platform for MIR3’s inEnterprise™ suite
of Intelligent Notification solutions. CDC Software believes that
this partnership will open up new markets for its solutions in the
ITSM and crisis management sectors, and help to expand CDC
Software’s footprint in the government sector, especially in state
and local municipalities. According to a Gartner Research report in
July 2010 entitled, “Hype Cycle for IT Operations Management,
2010,” the ITSM operations market size was approximately $14.9
billion in 2009.
For MIR3, this partnership is expected to expand its footprint
in CDC Software’s core vertical markets that include manufacturing,
retail, financial services, and logistics, and enter new regional
markets in Australia and China. MIR3 also expects to leverage the
professional services of CDC Global Services, a sister company of
CDC Software and a business unit of CDC Corporation, for onsite
integration projects for its domestic and international clients.
According to David Peng, general manager of the ERP Practice of CDC
Global Services, China, “We are delighted to partner with MIR3 and
to provide them implementation services globally, especially in new
markets for MIR3 like China. Through this partnership, they can
leverage our extensive expertise and operations worldwide,
especially throughout China and the rest of Asia.”
MIR3 develops and markets notification software that helps
organizations deliver important messages to groups consisting of a
few people to hundreds of thousands of people on any enabled
communication device including email, landline, mobile phone and
SMS text messaging. MIR3 sells to numerous market sectors,
including financial services, energy, healthcare, government,
education, logistics and manufacturing.
Some of CDC Software’s targeted enterprise solutions that are
planned to incorporate MIR3 technology include: Ross ERP; CDC
Supply Chain; Pivotal CRM; TradeBeam, a cloud-based global trade
management solution; CDC eCommerce; and CDC gomembers, an
on-premise association and membership management solution for
not-for-profit and government sectors.
“We’re excited to partner with a company with as strong a
reputation and global reach as CDC Software,” says René
Grossrieder, vice president of worldwide channels and alliances for
MIR3. “We believe that this strategic relationship will expand our
reach into new markets and regions and will directly benefit
customers of both organizations, who can enhance their operations
with an enterprise-grade, best-of-breed event monitoring and
two-way notification solution.”
“We believe that real-time event monitoring and notification are
essential functionalities needed when a company is trying to
maintain its critical business operations during times of
disruption and crisis conditions,” said David Cahn, vice president
of Corporate Product Strategy, CDC Software. “This partnership is
expected to enable CDC Software to extend the functionality of our
EMF solution to include bi-directional voice and text notification,
as well as enter the IT Service Management market. The combination
of these two solutions is expected to help customers improve
efficiencies across their enterprise, reduce IT downtime,
accelerate decision making, and mitigate risk.”
MIR3 has more than 5,000 installations that include 46 of the
Global FORTUNE 100 companies. Some of MIR3 customers include:
Kaiser Permanente, University of Pennsylvania, University of
California, Drexel University, NASA, Air Liquide, and Total
Petrochemicals USA.
About MIR3
MIR3, Inc. is a leading developer of Intelligent Notification
and response software, which helps organizations enhance
communication abilities, protect assets, and increase operational
efficiency. MIR3 technology enables advanced rapid, two-way mass
communication for IT, business continuity, and enterprise
operations for many of the Global FORTUNE 100 companies, as well as
government entities, universities, and companies of all sizes in
more than 130 countries.
About CDC Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a
hybrid enterprise software provider of on-premise and cloud
deployments. 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 resource planning (ERP), manufacturing
operations management, enterprise manufacturing intelligence,
supply chain management (demand management, order management and
warehouse and transportation management), global trade 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 "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 approximately 10,000
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.
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, but
are not limited to, statements regarding our and MIR3’s beliefs and
expectations regarding the OEM relationship and any products or
technologies that may be developed or licensed pursuant thereto and
the potential benefits of this relationship to CDC Software, MIR3
and their respective customers, including our belief that the
solutions will improve efficiencies across customer enterprises,
reduce IT downtime, accelerate decision making and mitigate risks;
the intentions and beliefs of both parties relating to market
expansion and penetration; our and MIR3’s beliefs relating to the
extended functionality of our and MIR3’s products through the OEM
partnership; our expectations and those of MIR3 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
partnership; our beliefs regarding the continuation of our
relationship with MIR3 and our 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
contained herein, 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 industries in
which we operate; (c) the ability to address technological changes
and developments including the development and enhancement of
products; (d) our ability and the ability of MIR3 to continually
offer and support new notification 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 (“SEC”), including our
Annual Report on Form 20-F for the year ended December 31, 2009,
which was filed with the SEC on June 1, 2010, 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, as they 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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