CDC Software Expands in Africa Through New VAR
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Rifle-Shot Performance Holdings to Serve as Exclusive VAR of Ross
Enterprise and CDC Factory Solutions in Africa
HONG KONG & ATLANTA--(Business Wire)--
CDC Software, a wholly owned subsidiary of CDC Corporation
(NASDAQ: CHINA) and a provider of industry-specific enterprise
software applications and business services, announced today that it
has entered into an agreement with Rifle-Shot Performance Holdings
where Rifle-Shot will act as the exclusive value-added reseller (VAR)
of CDC Software's process manufacturing industry solutions throughout
Africa, especially in the rapidly-growing South Africa market.
This agreement helps CDC Software expand its footprint in the
expanding market for enterprise solutions in Africa. According to
Business Monitor International's (BMI) South Africa Information
Technology Report released in May 2008, the total size of the South
Africa IT market is expected to increase 45 percent from (U.S.) $8
billion in 2007 to approximately (U.S.) $11.6 billion in 2012. Also,
the software market in South Africa is expected to grow to more than
(U.S.) $1.6 billion this year, and to achieve CAGR (compound annual
growth rate) of approximately 9 percent between 2007-2012 (According
to BMI).
Based in Johannesburg, South Africa, Rifle-Shot is a leading
provider of targeted consulting and implementation services in the
fields of Operational Intelligence, including Process Enterprise
Resource Planning (ERP), Manufacturing Execution Systems (MES),
Process Safety, Supply Chain, Customer Relationship Management (CRM)
and Business Intelligence (BI).
"Rifle-Shot's wealth of knowledge, their strong customer base, as
well as their expertise in the process manufacturing industries in
both South and sub-Saharan Africa, make them an ideal partner for our
expansion in this potentially lucrative market," said Bruce Cameron,
senior vice president of Global Sales, CDC Software. "We believe that
process manufacturers in Africa may benefit from implementing our Ross
and CDC Factory solutions. We are very excited to partner with
Rifle-Shot and expand our footprint in this growing enterprise
software market."
Ian Huntly, managing director of Rifle-Shot commented, "We are
very excited about this partnership and the expanded benefits we
expect to offer our clients through CDC Software's solutions. We have
already helped a large number of companies improve their businesses
through our software implementations and we believe that CDC
Software's industry-focused and proven process manufacturing solutions
can now help our clients realize a more value and lower total cost of
ownership."
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 Factory
CDC Factory is the first packaged manufacturing operations system
for food and consumer products manufacturers. By standardizing the
best practices of lean manufacturing, OEE (Overall Equipment
Effectiveness) and continuous improvement, CDC Factory provides a
real-time framework that integrates scheduling, operations, quality
and maintenance. The solution enables bottom-line profit improvements
within six months by exposing hidden opportunities for performance
improvement. CDC Factory eliminates reams of paperwork and provides
operators and supervisors with clear, real-time insight into the
performance of production lines. CDC Factory empowers workers to
improve production performance, increase operational efficiencies and
see how they actively contribute to profitability.
About Rifle Shot Performance Holdings
Rifle Shot Performance Holdings was formed in 2001 and Rifle-Shot
provides targeted consulting and implementation skills in the fields
of Operational Intelligence including; Process Enterprise Resource
Planning (ERP), Manufacturing Execution Systems (MES), Process Safety,
Supply Chain, Customer Relationship Management (CRM) and Business
Intelligence (BI) to the Automotive, Metals & Mining, Process and
Utilities industries. Rifle-Shot is a Level 4 BBBEE compliant
organisation headquartered in Sandton, South Africa.
About CDC Software
CDC Software, The Customer-Driven Company(TM), 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), IMI (warehouse management
and order management), Pivotal CRM and Saratoga CRM (customer
relationship 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.
About CDC Corporation
The CDC family of companies includes CDC Software focused on
enterprise software applications and services, CDC Mobile focused on
mobile applications, 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.
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 beliefs regarding Rifle Shot's performance of its
obligations under our agreement and the expected benefits thereof; our
beliefs regarding the existing and potential market for IT and
Software in Africa; our beliefs regarding the suitability of Rifle
Shot as a strategic partner and VAR; our beliefs regarding the
potential benefits to process manufacturers in Africa of our CDC
Factory and Ross solutions; our beliefs regarding the expected
benefits to future customers in Africa; our and Rifle-Shot intentions
relating to the resale of Ross Enterprise in Africa, our expectations
and those of 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 Rife-Shot's strength to commercially expand in
Africa, our expectations regarding the effects and benefits of this
strategic alliance, our expected expansion of Ross Enterprise, our
ability to realize continued successes with marketing and selling in
Africa, our ability to attain future expansion with other products in
Africa, Rifle-Shot's ability to market and sell Ross Enterprise
product solutions to the Africa market, our ability to rapidly expand
our footprint in Africa, 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 realize strategic objectives by taking
advantage of market opportunities in Africa; (b) 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
Africa; (cd) 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.
CDC Corporation
Investor Relations
Monish Bahl, +1-678-259-8510
monishbahl@cdcsoftware.com
or
CDC Software
Media Relations
Lorretta Gasper, +1-678-259-8631
lgasper@cdcsoftware.com
or
Rifle-Shot
Ian Huntly, +27 (0)82 650 0618
Ian.huntly@rifle-shot.com
Copyright Business Wire 2008
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