CDC Software’s Cloud & On-Premise Solutions Win Prestigious “Outstanding Product Awards” from China Software Industry A...
February 22 2011 - 8:00AM
Business Wire
CDC Software Corporation (NASDAQ: CDCS), a hybrid enterprise
software provider of on-premise and cloud deployments, today
announced its e-M-POWER ERP Version 5.0, also available as a cloud
version supporting Windows Azure technology, and VitalDOC Version
5.0 have won the prestigious “China’s Outstanding Software Product
Awards 2010” by the China Software Industry Association (CSIA).
CDC Software’s Platinum Human Resources Management software and
its Ross Systems’ ERP solution also have won this prestigious award
in previous years. Ross solutions also include Ross in the Cloud,
the on-demand version of its popular ERP on-premise software.
CSIA is a major and one of the most active associations in the
China software industry. It is led by the Ministry of Industry and
Information of People’s Republic of China. Each year, CSIA selects
top software products to promote national software brands that will
be recommended to government and public organizations for their
consideration.
e-M-POWER V5.0 is an Enterprise Resource Planning (ERP) software
package with an Intelligent Management System. e-M-Power also is
offered as an on-demand deployment supporting the Microsoft Windows
Azure platform. Both the on-premise and cloud versions are tailored
for the needs of small-and medium-size discrete manufacturers in
China. The product suite includes Sales, Purchasing, Inventory,
Production, Mold Management, Finance, with full integration to
ACCPAC, a popular accounting system in China. Customers for
e-M-POWER include manufacturers in industries such as electronics,
watches, toys and furniture.
VitalDOC V5.0 is a web-based document management solution. It is
a secured and highly scalable content management system that
captures a company’s information into a single repository for easy
management and knowledge sharing across an enterprise.
Commenting on the award, Hilton Law, managing director, China
for CDC Software said, “We are very honored to receive these
prestigious awards from the CSIA. These awards recognize CDC
Software’s growth and success in China’s enterprise market, which
was highlighted last year by the launch of its e-M-POWER On Demand
solution, the first ERP manufacturing software product using
Windows Azure technology available in China. These awards are
testament to the successful strategies we have been executing in
China for long-term growth. With these exciting award-winning
products and our extensive technology and business infrastructure,
we believe we are on track for China to become our second biggest
revenue generator for the company after North America.”
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 statements include those relating to our
beliefs about our strategies, technologies and business
infrastructure and our planned expansion in China, our expectations
that our software may be promoted to government and public
organizations in China, our expectations regarding growth and
success in China, our beliefs regarding the success of our
strategies for expansion, our beliefs regarding revenue to be
derived from the China market and future growth thereof, and other
statements we may make. Such 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 the conditions of the enterprise software
industry in Greater China; rules and regulations affecting software
in Greater China; the continued ability of the company's enterprise
software unit to provide products which address industry-specific
requirements; demand for and market acceptance of new and existing
enterprise software; and developmental delays for enterprise
software products. 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, including our Annual Report on Form 20-F, 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 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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