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chinadotcom Announces Management Changes at Pivotal
HONG KONG, April 5 /Xinhua-PRNewswire-FirstCall/ -- chinadotcom corporation
(Nasdaq: CHINA; website: http://www.corp.china.com/ ) ('CDC Corp') today
announced management changes at Pivotal Corporation, the company's Customer
Relationship Management software division.
Mr. Keith Oliver, the company's Chief Financial Officer, will assume the role
of interim CEO of Pivotal. McKinsey & Company, the international management
consultancy firm, has been appointed as Special Advisors to the interim CEO of
Pivotal and the Executive Chairman and CEO of CDC Corp, Dr. Raymond K.F.
Ch'ien. McKinsey & Company will advise on a range of strategic and operational
issues.
The company has also initiated a search for a new CEO at Pivotal.
'Pivotal is an important operating company with a strong management team. It
has gained significant market momentum over the last year,' said Dr. Ch'ien.
'Our plan is to enhance this momentum by further investing in Pivotal to
accelerate research & development initiatives and increase market share in the
mid-enterprise market."
Former president and CEO of Pivotal, Divesh Sisodraker, has decided to leave
Pivotal to pursue career opportunities in the United States. Ch'ien added,
'We appreciate the many contributions that Divesh has made to Pivotal and
chinadotcom. We wish him well in his new endeavors.'
About chinadotcom corporation
chinadotcom corporation (Nasdaq: CHINA; website: http://www.corp.china.com/ )
is a leading integrated enterprise software and mobile applications company in
China and internationally. The company has approximately 1,800 employees with
operations in over 14 countries.
For more information about chinadotcom corporation, please visit the website
http://www.corp.china.com/ .
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995, including
statements relating to the ability of participation in the Microsoft Partner
Program to drive business success for customers, improve the ability to service
customers, and provide more opportunities to market and sell solutions, as well
as statements relating to the plan to achieve Gold Certified Partner
accreditation for all of CDC Software's subsidiaries in the Asia Pacific
region. 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:
market conditions for the company's enterprise software solutions in China, the
ability of the company to leverage on the Microsoft Partnership Program to
market its products and services, the need to develop, integrate and deploy
applications to meet customer's requirements, the possibility of development or
deployment difficulties or delays, the dependence on customer satisfaction with
the company's enterprise software products, and the continued commitment of
customers to deploy the solution. Further information on risks or other factors
is detailed in filings or submissions with the United States Securities and
Exchange Commission made by chinadotcom corporation, including its Annual
Report for the year ended December 31, 2003 on Form 20-F/A filed on July 8,
2004. 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.
For further information, please contact:
Media Relations
Anne Yu
Tel: +852-2237-7020
Fax: +852-2571-0410
Email:
Investor Relations
Craig Celek,
Vice President, Investor Relations
Tel: +1-212-661-2160
Fax: +1-646-827-2421
Email:
DATASOURCE: chinadotcom corporation
CONTACT: Anne Yu of chindotcom corp., +852-2237-7020, or fax,
+852-2571-0410, or
Web Site: http://www.corp.china.com/