BEIJING, May 30 /Xinhua-PRNewswire/ -- e-Future Information Technology Inc. (Nasdaq: EFUT; "e-Future"), a leading supply chain management software and services provider in China, announced that Ms. Ping Yu, who joined e-Future as Chief Financial Officer as of January 1, 2007, has been appointed as a director of e-Future as of May 28, 2007. Ms. Ping Yu is a Certified Public Accountant in the United States. She received a bachelor's degree from Hubei University and a master's degree in Business Administration from Rutgers University. Before being employed by e-Future, Ms. Yu served as a specialist in Beijing Smartdot Technologies, Inc., providing consultation to companies listed in the United States on meeting the requirements of the Sarbanes-Oxley Act as well as helping companies implement the COSO-Enterprise Risk Management-Integrated framework. In the past, she also served as: -- an auditor for Golf & Wrobleski, a certified public accounting firm in New York; -- manager of the internal auditing section of Dongfeng Nissan, responsible for internal control and risk management tasks; -- a Senior Accountant for Longchamp Sales Corp.; -- a Senior Analyst for Citic Industrial Bank; and -- Chief Officer of Accounting Department of Walkalone Real Estate Co. Regarding Ms. Ping Yu's appointment, Mr. Adam Yan, Chairman of the Board and Chief Executive Officer, stated, "e-Future is pleased to announce Ms. Ping Yu's appointment to its Board of Directors. Ms. Ping Yu's financial expertise will provide e-Future's shareholder significant value and we look forward to sharing her vision and boosting in e-Future's organic growth and industry integration through possible acquisitions in the next several years." About e-Future Information Technology e-Future is a leading provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain market. e-Future's customers are centered in the retail, automotive, general household appliance and consumer goods industries. Its solutions are specifically designed to optimize demand processes from finished goods to customer checkout and to address supply chain management, business processes, decision support, inventory optimization, collaborative planning and forecasting requirements. e-Future's software solutions business is enhanced and supported by its consulting services and ongoing maintenance on existing software installations. e-Future provides software products and services to over 600 clients, including over 300 retailers and over 200 distributors and Fortune 500 companies from across the world that are doing business in China. These clients include Proctor & Gamble, Johnson & Johnson, Kimberly-Clark, the Chang'an Motors and Ford Motors joint venture and other large companies operating in China's domestic markets, such as GUCCI, PANRIC, HAIER, SUNING, PARKSON, SOGO, Wangfujing, Homeway (acquired by Home Depot), Orient Home, China duty-free stores and AYAYA, etc. CAUTIONARY STATEMENT WITH RESPECT TO FORWARD-LOOKING STATEMENTS This document may contain certain forward-looking information about e-Future that are intended to be covered by the safe harbour for "forward- looking statements" provided by the Private Securities Litigation Reform Act of 1995 and any other similar laws that may apply. Readers are cautioned not to place undue reliance on these forward-looking statements because they speak only as of the date on which they were made. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include, among others: e-Future's ability to continue to experience and effectively manage growth in its business operations; the effect of competitive and economic factors and e-Future's reaction to those factors; e-Future's ability to locate and successfully integrate possible acquisition targets, and the continued expansion of the Chinese retail market. e-Future does not undertake any obligation to republish revised forward- looking statements to reflect events or circumstances after the date of these forward-looking statements or to reflect the occurrence of unanticipated events. Readers are also urged to carefully review and consider the various disclosures in e-Future's various SEC reports, including, but not limited to, its Annual Report on Form 20-F for the year ended December 31, 2005. For more information about e-Future, please visit http://www.e-future.com.cn/ , English Channel. DATASOURCE: e-Future Information Technology Inc. CONTACT: e-Future Information Technology Inc., +86-10-5165-0998, or Web site: http://www.e-future.com.cn/

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