CDC Software and Hitachi Joho Announce Strategic Alliance to Market Ross Enterprise in Japan
May 14 2008 - 11:00AM
Business Wire
CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ:
CHINA) and a provider of industry-specific enterprise software
products and services, and Hitachi Joho, a 51 percent majority held
subsidiary of Hitachi Corporation, JAPAN, today announced that
Hitachi Joho intends to resell Ross Enterprise products in Japan.
This is the latest move in CDC Software's plan to expand its
operations in Japan, the world's second largest economy. CDC
Software and Hitachi Joho expect to complete a definitive agreement
with respect to the implementation of this strategic alliance
during the second quarter of 2008. Under this agreement, the
parties intend that Hitachi Joho will resell Ross Enterprise
solutions in Japan and the overseas subsidiaries of Japanese
companies targeting the Food and Beverage, Chemical and Life
Sciences industry segments. CDC Software has been marketing Ross
Enterprise applications in the Japanese market for more than 10
years. �We plan to build on the success of Ross Enterprise in Japan
and its strong value proposition of deep industry focus and low
cost of ownership,� said Hiroshi Kurihara, general manager of
Hitachi Joho. �We believe there is a strong need for cost
effective, full functionality, global standard ERP packages for
medium-sized companies in Japan. We also like the fact that CDC
Software has a strong commitment to continuous development for Ross
Enterprise solutions.� "We are planning to leverage Hitachi Joho`s
strength in this market to expand our ERP solutions in Japan and
eventually expand the market presence of our other world class
products in Japan.� said Bruce Cameron, senior vice president,
Global Sales of CDC Software. About Hitachi Joho Hitachi Joho
(Hitachi Information Systems) is a listed company on the first
section of the Tokyo Stock Exchange, and is a 51% major subsidiary
of Hitachi, Ltd. Hitachi Joho Group has 7,000 employees, and offers
IT services include system operation, such as outsourcing and
networking, system architecture, such as system integration and
software development, and services related to these such as sales
and distribution of equipment. For more information about Hitachi
Joho, please visit http://www.hitachijoho.com/eng/company/. 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
Corporation The CDC family of companies includes CDC Software
focused on enterprise software applications and services, 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. About CDC
Software CDC Software, The Customer-Driven Company�, 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), CDC Supply Chain (supply chain management, warehouse
management and order management), Pivotal CRM and Saratoga CRM
(customer relationship management), CDC MarketFirst (marketing
automation and lead 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. 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 and Hitachi Joho�s intentions
relating to the resale of Ross Enterprise in Japan, our
expectations and those of Hitachi Joho 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 Hitachi Joho�s strength to commercially expand in Japan,
our expectations regarding the effects and benefits of this
strategic alliance, our expected expansion of Ross Enterprise in
Japan, our ability to realize continued successes with marketing
and selling in Japan, our ability to attain future expansion with
other products in Japan, Hitachi Joho�s ability to market and sell
Ross Enterprise product solutions to the Japan market, our ability
to rapidly expand our footprint in Japan, 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 complete agreement with Hitachi Joho, (b) the ability to
realize strategic objectives by taking advantage of market
opportunities in Japan; (c) 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 Japan; (d) 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.
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