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DFCT D F China Technology (MM)

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Share Name Share Symbol Market Type
D F China Technology (MM) NASDAQ:DFCT NASDAQ Common Stock
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DF China Technology Rated the Best in China in Logistics Software and Supply Chain Management (SCM) Solutions

09/12/2004 12:00pm

PR Newswire (US)


D F China (NASDAQ:DFCT)
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DF China Technology Rated the Best in China in Logistics Software and Supply Chain Management (SCM) Solutions HONG KONG, Dec. 9 /Xinhua-PRNewswire-FirstCall/ -- DF China Technology Inc. (OTC:DFCT) (BULLETIN BOARD: DFCT) has announced today that its subsidiary, DiChain Software was just rated as 'The Best Provider of Logistics Software and SCM Solutions in 2004' in China. The appraisal committee led by 'China Association of Logistics and Sourcing' consists of top national experts and renowned academicians from across the industry. Frank Fan, Ph.D., the President and CEO of DF China Technology Inc., commented, 'This latest prestigious recognition serves as a testament of our strong commitment to providing state-of-the-art proprietary technology, the highest quality products and comprehensive customer service. We will continue to enhance our leading position and grow our customer base to gain a greater market share in this very large industry.' About DF China Technology Inc. DF China Technology Inc. designs, manufactures and sells customizable software and hardware systems, which integrate GIS (Geographic Information System), GPS (Global Positioning System), as well as Wireless and Web technologies into a proprietary application platform. The Company's subsidiary, DiChain Software was recognized as one of the leading IT solution providers in logistics and supply chain management in China in 2002 and 2003 by International Data Corporation, a world leading IT consulting firm, and named the 'Best Value Added Reseller' by its strategic industry partner IBM Corp. in 2003. DiChain Software has strategic alliances with some of the world's largest companies, including IBM, GE, Oracle, Hewlett Packard, ILOG, DELL, Motorola, and China Mobile. The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Ltd, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in the PRC with over US$30 billion assets under its management. In the future, the Company aims to be one of the leading Chinese technology companies by investing its resources into computer, wireless and internet related information technologies. Forward-Looking Statement Disclosure This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. The Company's actual results could differ from such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. Contact: DF China Technology Inc. Leon Zhou, Business Development Director Tel: +852-2255-0638 Email: Alan Stone & Company, LLC Alan Stone, Managing Director Tel: +1-212-521-4102 Email: Rand Brenner, Associate Tel: +1-310-444-3940 Email: David Kaplan, Associate Tel: +1-212-521-4102 Email: DATASOURCE: DF China Technology Inc. CONTACT: Leon Zhou of DF China, +852-2255-0638, or ; or Alan Stone, +1-212-521-4102, ; or Rand Brenner, +1-310-444-3940, or ; or David Kaplan, +1-212-521-4102, or , all of Alan Stone & Company, LLC, for DF China

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