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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
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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DiChain Software Approved as One of the National Achievements in Information Technology

02/12/2004 12:00pm

PR Newswire (US)


D F China (NASDAQ:DFCT)
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DiChain Software Approved as One of the National Achievements in Information Technology HONG KONG, Dec. 2 /Xinhua-PRNewswire-FirstCall/ -- DAP, the core suite of DiChain Software, a wholly-owned subsidiary of DF China Technology Inc. (OTC:DFCT) (BULLETIN BOARD: DFCT) , was recognized and approved recently by the Chinese Central Government as one of the top national achievements in information technology. In order to encourage Chinese enterprises to develop state-of-art information technology and compete with international players, the Science and Technology Committee of China has selected and appraised, for 16 years, the research and development achievements of top Chinese IT companies each year. There are only very few companies able to obtain such a prestigious award annually. DAP, DiChain Application Platform, has been independently developed by DiChain Software, who own its intellectual property rights. The DAP technology integrates GPS, GIS, wireless communications with web technology, and creates a unique information service application to the logistics business and supply chain management. The whole system primarily contains planning, warehouse management, forwarding services, transportation management functions, and more. The voting panel believes that the national recognitions of DAP will give DAP faster speed of its adoptions in related industries in China. Company Profile The Company is one of the leading IT solution providers in logistics and supply chain management in 2002 and 2003 rated 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 future, the Company aims to be one of the leading Chinese Technology companies in China by investing its resources into computer, wireless and internet related information technologies. 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, Business Development Director of DF China, +852-2255-0638, or ; or Alan Stone, Managing Director, +1-212-521-4102, or , 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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