BEIJING, CHINA, May 18 /PRNewswire-FirstCall/ - Zamage Digital
Art Imaging, Inc. (ZMGD; http://zamagedigitalcorp.com/) and its
subsidiary EverdowCRM (www.everdow.com) completed Business Platform
System for Minsheng Bank in China.
EverdowCRM has been working with the China Minsheng Banking
Corporation, Ltd. (CMBC) for several years, delivering company's
custom-made solutions in CRM (Customer Relationship Management)
software. The bank contracted EverdowCRM for development of another
Business Platform. The contract is worth RMB
900,000 ($130,000 USD).
A representative of EverdowCRM commented, "We have been
cooperating with CMBC for several years, and the bank has true
trust in our expertise and know-how, and represents one of our
highly valued customers. What many don't realize is that CRM
companies make money from offering continuous support and updates
to customers, rather than marketing a single product application on
one-time basis. So once we gain a customer, most likely they stay
with us to execute their system updates, add-ons, etc., and
generate revenue on an ongoing basis.
We also continue to work on our market expansion. We are a young
company, but that only means we offer our customers the newest
technological advantages. The growing CRM market in China leans towards domestic products, rather
than opting for foreign conglomerates. We are ready to take Zamage
Digital to the next level and bring value to the company
shareholders."
EverdowCRM has been working with the CMBC for several years
developing the bank's online security and banking system. The
CMBC's safety protocol developed by EverdowCRM, won "the Best
Safety Award" in 2008 and 2009. The award is bestowed annually by
the China Financial Certification Authority (CFCA).
China Minsheng Banking Corp. Ltd. (CMBC), a customer of Everdow
CRM, currently operates 346 branches across China. In June
2008, CMBC showed total assets of RMB
1,062.2 billion, net profit of RMB
6.046 billion, total deposits of RMB
760.404 billion, total loans (including discount) of
RMB 612.051 billion, and
non-performing loan ratio of 1.21%, maintaining a leading position
in China. In 2005, CMBC ranked as
#28 in terms of total assets among the 200 Asian banks (The
Banker). In 2006, CMBC ranked as 7th among Top 10 Chinese
Enterprises (Forbes). In 2007, CMBC ranked 3rd among Top 50 Largest
Listed Enterprises in Asia Pacific Region (Forbes). CMBC ranked as
#2 in the Report on the Competitiveness of China's Commercial Banks 2008,and as #1 in
terms of corporate governance and process-orientation.
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Zamage
Digital Art Imaging, Inc. that constitute forward-looking
statements for purposes of the Safe Harbor Provisions under the
Private Securities Litigation Reform Act of 1995. The words or
phrases "can be", "expects", "may affect", "believed", "estimate",
"project" and similar words and phrases are intended to identify
such forward-looking statements. Zamage Digital Art Imaging, Inc.
cautions you that any forward-looking information provided by or on
behalf of Zamage Digital Art Imaging, Inc. is not a guarantee of
future performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Zamage Digital Art Imaging, Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Zamage Digital Art Imaging,
Inc.'s control. In addition to those discussed in Zamage Digital
Art Imaging, Inc.'s press releases, public filings, and statements
by Zamage Digital Art Imaging, Inc.'s management, including, but
not limited to, Zamage Digital Art Imaging, Inc.'s estimate of the
sufficiency of its existing capital resources, Zamage Digital Art
Imaging, Inc., Inc.'s ability to raise additional capital to fund
future operations, Zamage Digital Art Imaging, Inc.'s ability to
repay its existing indebtedness, the uncertainties involved in
estimating market opportunities, and in identifying contracts which
match Zamage Digital Art Imaging, Inc.'s capability to be awarded
contracts. All such forward-looking statements are current only as
of the date on which such statements were made. Zamage Digital Art
Imaging, Inc. does not undertake any obligation to publicly update
any forward-looking statement to reflect events or circumstances
after the date on which any such statement is made or to reflect
the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact
www.minamargroup.net/helpdesk; Investor Relations Department
Inquiry,www.minamargroup.net (IR); For (M&A) and Corporate
Matters, www.minamargroup.com
SOURCE Zamage Digital Art Imaging, Inc.