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CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ:
CHINA) and a provider of industry-specific enterprise software products
and services, and Hitachi Joho, a 51 percent majority held subsidiary of
Hitachi Corporation, JAPAN, today announced that Hitachi Joho intends to
resell Ross Enterprise products in Japan. This is the latest move in CDC
Software's plan to expand its operations in Japan, the world's second
largest economy.
CDC Software and Hitachi Joho expect to complete a definitive agreement
with respect to the implementation of this strategic alliance during the
second quarter of 2008. Under this agreement, the parties intend that
Hitachi Joho will resell Ross Enterprise solutions in Japan and the
overseas subsidiaries of Japanese companies targeting the Food and
Beverage, Chemical and Life Sciences industry segments. CDC Software has
been marketing Ross Enterprise applications in the Japanese market for
more than 10 years.
”We plan to build on the success of Ross
Enterprise in Japan and its strong value proposition of deep industry
focus and low cost of ownership,” said Hiroshi
Kurihara, general manager of Hitachi Joho. “We
believe there is a strong need for cost effective, full functionality,
global standard ERP packages for medium-sized companies in Japan. We
also like the fact that CDC Software has a strong commitment to
continuous development for Ross Enterprise solutions.”
"We are planning to leverage Hitachi Joho`s strength in this market to
expand our ERP solutions in Japan and eventually expand the market
presence of our other world class products in Japan.”
said Bruce Cameron, senior vice president, Global Sales of CDC Software.
About Hitachi Joho
Hitachi Joho (Hitachi Information Systems) is a listed company on the
first section of the Tokyo Stock Exchange, and is a 51% major subsidiary
of Hitachi, Ltd.
Hitachi Joho Group has 7,000 employees, and offers IT services include
system operation, such as outsourcing and networking, system
architecture, such as system integration and software development, and
services related to these such as sales and distribution of equipment.
For more information about Hitachi Joho, please visit http://www.hitachijoho.com/eng/company/.
About Ross Enterprise
Ross Enterprise is an innovative suite of software solutions that help
process manufacturers worldwide fulfill their business growth objectives
through increased operational efficiencies, improved profitability,
strengthened customer relationships and streamlined regulatory
compliance. Ross Enterprise offers industry-specific functionally for a
variety of process industries including food and beverage, consumer
products, life sciences, chemicals, metals and natural products. The
comprehensive suite of solutions includes functionality in enterprise
resource management (ERP), supply chain management (SCM), customer
relationship management, real time performance management, order
management (OMS), warehouse management (WMS), human resource planning,
performance management and business analytics. For more information,
visit www.rossinc.com.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise
software applications and services, CDC Games focused on online games,
and China.com focused on portals for the greater China markets. For more
information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net.
About CDC Software
CDC Software, The Customer-Driven Company™,
is a provider of enterprise software applications designed to help
organizations deliver a superior customer experience while increasing
efficiencies and profitability. CDC Software's product suite includes:
CDC Factory (manufacturing operations management), Ross ERP (enterprise
resource planning) and SCM (supply chain management), CDC Supply Chain
(supply chain management, warehouse management and order management),
Pivotal CRM and Saratoga CRM (customer relationship management), CDC
MarketFirst (marketing automation and lead management), Respond
(customer complaint and feedback management), c360 CRM add-on products,
industry solutions and development tools for the Microsoft Dynamics CRM
platform, Platinum HRM (human resources) and business analytics
solutions.
These industry-specific solutions are used by more than 6,000 customers
worldwide within the manufacturing, financial services, health care,
home building, real estate, and wholesale and retail distribution
industries. The company completes its offerings with a full continuum of
services that span the life cycle of technology and software
applications, including implementation, project consulting, outsourced
business services, application management and offshore development. CDC
Software is the enterprise software unit of CDC Corporation (NASDAQ:
CHINA) and is ranked number 12 on the MBT 2007 Global 100 List of
Enterprise and Supply Chain Management Application vendors. 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 statements regarding our
and Hitachi Joho’s intentions relating to the
resale of Ross Enterprise in Japan, our expectations and those of
Hitachi Joho with respect to the completion of a definitive agreement
relating to our strategic alliance and the terms, conditions and timing
thereof, our plans to build upon past successes, our beliefs regarding
market and customer needs, demands and preferences, our beliefs
regarding present and future product support and development, our
ability to leverage Hitachi Joho’s strength
to commercially expand in Japan, our expectations regarding the effects
and benefits of this strategic alliance, our expected expansion of Ross
Enterprise in Japan, our ability to realize continued successes with
marketing and selling in Japan, our ability to attain future expansion
with other products in Japan, Hitachi Joho’s
ability to market and sell Ross Enterprise product solutions to the
Japan market, our ability to rapidly expand our footprint in Japan, 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,
including the following: (a) the ability to complete agreement with
Hitachi Joho, (b) the ability to realize strategic objectives by taking
advantage of market opportunities in Japan; (c) 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 Japan;
(d) the ability to address technological changes and developments
including the development and enhancement of products; and (e) the entry
of new competitors and their technological advances Further information
on risks or other factors that could cause results to differ is detailed
in filings or submissions with the United States Securities and Exchange
Commission made by CDC Corporation in its Annual Report for the year
ended December 31, 2006 on Form 20-F filed on July 2, 2007. 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.