Key Developments For Pansoft Company Limited
Pansoft Company Limited (PSOF.O) (Consolidated Issue listed on NASDAQ Capital Market)
Pansoft Company Limited Reiterates FY 2009 Revenue Outlook
Pansoft Company Limited reiterated fiscal 2009 projection of 40% revenue growth based on accomplishments achieved so far this year and the expectation that a large proportion of revenue will be recognized in the last quarter of 2009.
Pansoft Company Limited and Microsoft Signs Solution Provider Agreement
Pansoft Company Limited announced that it has signed a Solution Provider Agreement (SPA) with Microsoft China, Co., Ltd, (Microsoft) to develop a centralized financial and accounting solution for Microsoft`s Dynamics AX, a comprehensive ERP (Enterprise Resource Planning) software on May 11,2009.
Pansoft Company Limited Signs Contract With Sinopec Subsidiary
Pansoft Company Limited announced that it has signed a contract valued at approximately $1.4 million with one of the Sinopec subsidiaries in Shanghai on March 12. The contract is for Pansoft to provide a customized solution for Sinopec subsidiary's overseas centralized capital management information system.
Pansoft Company Limited Comments On Q4, FY 2008 And FY 2009 Revenue Guidance.
Pansoft Company Limited announced that it does not expect the financial crisis to have a significant negative impact on its fourth quarter 2008 and 2009 revenue. The Company also expects fiscal 2008 revenues to achieve at least 5% growth over fiscal 2007.
Pansoft Company Limited Initial Public Offering Of 1,200,000 Common Shares Priced At $7.00 Per Share
Pansoft Company Limited announced that its initial public offering of 1,200,000 common shares is being priced at $7.00 per share. The common shares will be listed on the NASDAQ Capital Market and will trade under the symbol PSOF beginning September 9, 2008. Anderson & Strudwick, Incorporated (A&S) is the sole placement agent for the offering.
