CDC Software Introduces First Managed Software as a Service Enterprise Solution for...
CDC Software Introduces First Managed Software as a Service Enterprise Solution for Life Sciences
Industry-Specific SaaS Solution for Life Sciences Includes ERP,
SCM, CRM and Services for Validation and Change ControlATLANTA & HONG KONG--(Business Wire)--CDC Software, a wholly-owned subsidiary of CDC Corporation
(NASDAQ:CHINA) and a provider of industry-specific enterprise softwareapplications and business services, announced today the launch of itsSoftware as a Service (SaaS) suite of applications for life sciencescompanies. This first-of-its-kind offering, specifically designed forlife sciences, leverages the Ross Enterprise suite of applicationsthat are currently in use with hundreds of life sciences manufacturersand research organizations around the world. This comprehensive, industry-specific solution for life sciencescompanies may be deployed in a matter of days with, in most instances,no customizations required. This unique combination of industry fitand rapid deployment makes this solution suited to a broad array ofemerging and mid-sized pharma and biopharma companies supporting GMPmanufacturing, clinical supply operations, chargebacks for wholesalerdistribution, and project/service-based organizations (CMO/CRO). Theselife sciences enterprises can choose an off-site hosted or an on-sitemanaged deployment and they also have the option to choose a monthlysubscription fee or traditional software license fee. CDC Software has partnered with Vantage Systems, a premium managedsoftware service provider that specializes in the life sciencesindustry. Vantage has established a track record of highly successfuldeployments of CDC Software's Ross Enterprise applications worldwide.Through the partnership, CDC Software will provide the Ross Enterpriseapplications for life sciences including enterprise resource planning
(ERP), supply chain planning (SCP), customer relationship management
(CRM), business process management (BPM), enterprise performancemanagement (EPM), electronic batch records, contract and chargebackmanagement and project accounting. Vantage is expected to host andmanage the applications and provide additional services including GMPassessments, validation, change control, outsource manufacturingcollaboration, and chargeback processing. "Midsize and emerging life science companies require a solutionthat is highly focused on their unique business needs and one thatoffers reduced deployment costs and minimal IT maintenance costs overthe life of the system," said Eric Musser, CEO and president of CDCSoftware. "Our managed SaaS offering for life sciences, we believe, isthe only solution of its kind available today. We are meeting thespecific needs of life sciences companies around the world bycombining the industry solution expertise of CDC Software and VantageSystems. We also believe our complete specialized softwareapplications, combined with their hosting and specialized value-addedservices, provide the ideal solution for life science companies thatneed to avoid the overhead and risks of complex, internal deploymentsof their enterprise systems." "Many emerging pharmaceutical and biopharma manufacturers andresearch organizations simply cannot afford license fees for a GMPvalidated system, long implementations or costly maintenance oftypical enterprise software systems," said Bob Congiusti, CEO ofVantage Systems. Congiusti, with more than 30 years of IT managementexperience and a former vice president of IT at life sciencesmanufacturer, Cambrex, concluded, "As their managed services provider,we are minimizing the high costs of maintaining an IT infrastructureand the industry-specific challenges of GMP assessments, validation,change control, outsource manufacturing collaboration, and chargebackprocessing." About Vantage Systems Vantage Systems is a premium managed software services providerthat specializes in the life sciences industry. Vantage Systems offersa range of products and services designed to accelerate the ERP
(enterprise resource planning) implementation process, enable processimprovement initiatives, lower IT costs, reduce technical complexity,and assist customers with their regulatory compliance efforts. Formore information, please visit www.vantagesystems.com. About Ross Enterprise for Life Sciences Ross Enterprise for Life Sciences is CDC Software's comprehensivesuite of applications for the Life Sciences industry. From emergingbiotechnology firms to billion-dollar drug manufacturers, RossEnterprise solutions are designed with an in-depth understanding ofthe critical operations of the Life Sciences industry with keyfunctionality in: forecasting and planning, formula management,inventory control, manufacturing management, quality control, lottracing, product costing, customer service and business analytics. Thesystem provides cGxP compliant transaction processing and work flowsystems for materials management, manufacturing, financials and theextended life science supply chain. Ross Enterprise is used tostreamline the transition from clinical trials to commercialmanufacturing, and facilitate effective management of in-house andoutsourced manufacturing. Ross Enterprise is used worldwide by morethan 1,200 companies including BioConvergence, Mission Pharmacal,Cambrex, Crown Laboratories/Del-Ray Dermatologicals, and AnabolicLabs. For more information, visit www.rossinc.com. About CDC Software CDC Software, The Customer-Driven Company(TM), is a provider ofenterprise software applications designed to help organizationsdeliver a superior customer experience while increasing efficienciesand profitability. CDC Software's product suite includes: CDC Factory
(manufacturing operations management), Ross ERP (enterprise resourceplanning) and SCM (supply chain management), IMI (warehouse managementand order management), Pivotal CRM and Saratoga CRM (customerrelationship management), Respond (customer complaint and feedbackmanagement), c360 CRM add-on products, industry solutions anddevelopment tools for the Microsoft Dynamics CRM platform, PlatinumHRM (human resources) and business analytics solutions. These industry-specific solutions are used by more than 6,000customers worldwide within the manufacturing, financial services,health care, home building, real estate, and wholesale and retaildistribution industries. The company completes its offerings with afull continuum of services that span the life cycle of technology andsoftware applications, including implementation, project consulting,outsourced business services, application management and offshoredevelopment. CDC Software is the enterprise software unit of CDCCorporation (NASDAQ:CHINA) and is ranked number 12 on the MBT 2007Global 100 List of Enterprise and Supply Chain Management Applicationvendors. For more information, please visit www.cdcsoftware.com. About CDC Corporation The CDC family of companies includes CDC Software focused onenterprise software applications and services, CDC Mobile focused onmobile applications, CDC Games focused on online games, and China.comfocused on portals for the greater China markets. For more informationabout CDC Corporation (NASDAQ:CHINA), please visitwww.cdccorporation.net. Cautionary Note Regarding Forward-Looking Statements This press release includes "forward-looking statements" withinthe meaning of the United States Private Securities Litigation ReformAct of 1995, including statements relating to, among other things, theRoss Enterprise for Life Sciences and Managed Services offerings, ourstatus as first-to-market with this product or a product of this type,the availability or lack of availability of similar products, ourability to provide reduced IT costs for our customers, our ability toprovide a low total cost of ownership, rich functionality and otherbenefits to our customers, our ability or our customer's ability todeploy this product within certain timeframes and withoutcustomization, the suitability of this solution for certain customers,potential customers and industries, our partnership with VantageSystems, including the services and assistance that Vantage mayprovide, our ability to meet customer needs, the completeness of ourproduct offerings, and other statements that are not historical fact,the achievement of which involve risks, uncertainties and assumptions.These statements are based on management's current expectations andare subject to risks and uncertainties and changes in circumstances.There are important factors that could cause actual results to differmaterially from those anticipated in the forward looking statementsincluding, among others: the current and future status of the LifeSciences marketplace and the demand for related products; the abilityand need to develop, integrate and deploy applications to meetcustomer's requirements; the possibility of development or deploymentdifficulties or delays; the risk of varying results among products,services, customers and industries; our continued commitment to thissoftware; Vantage System's (and any other applicable third party's)commitment to, continuing commitment to, and compliance with, ourpartnership and the support of this and other product offerings; thecontinued ability of our solutions to address industry-specificrequirements of companies in the Life Sciences industry; thefluctuation in demand for, and market acceptance of, new and existingsolutions; the continued development of new functionalities whichwould allow enterprises to compete more effectively; the ability of acustomer's staff to utilize the information generated with oursoftware; and changes in the type of information required to competein the Life Sciences industry. Further information on risks or otherfactors that could cause results to differ is detailed in filings orsubmissions with the United States Securities and Exchange Commissionmade by CDC Corporation in its Annual Report for the year endedDecember 31, 2006 on Form 20-F filed on July 2, 2007. Allforward-looking statements included in this press release are basedupon information available to management as of the date of the pressrelease, and you are cautioned not to place undue reliance on anyforward looking statements which speak only as of the date of thispress release. The company assumes no obligation to update or alterthe forward looking statements whether as a result of new information,future events or otherwise.CDC CorporationInvestor Relations:Monish Bahl, 678-259-8510monishbahl@cdcsoftware.comorMedia Relations:Articulate Communications Inc.Kate Corcoran, 212-255-0080, ext. 18kcorcoran@articulatepr.comCopyright Business Wire 2007









