A further initiative to broaden CDC Software's IT product portfolio
Hong Kong, May 13, 2003
CDC Software Corporation, a subsidiary and software unit of chinadotcom corporation [NASDAQ: CHINA; Website: www.corp.china.com], a leading integrated enterprise solutions company in Asia, today announced it signed a Master Distributor Agreement ("MDA") with Ross Systems Inc. [NASDAQ: ROSS; Website: www.rossinc.com] ("Ross"), a global supplier of enterprise software solutions for process manufacturing companies, to sell and service its Enterprise Resources Planning (ERP) product - iRenaissance ERP - in the Asia Pacific region.
The distribution agreement is for Ross's Enterprise Resources Planning (ERP) product - iRenaissance - for Greater China, including China, Taiwan, Hong Kong, as well as the territories of Singapore, Thailand, Korea, and Australia/New Zealand. CDC Software will leverage the expertise of its low cost software development center in China as well as its domain knowledge in the process manufacturing industry to meet the ongoing localization and statutory requirements of the Greater China market. In addition, CDC Software will support iRenaissance from its regional support centers located in Hong Kong and Shanghai, and will be responsible for sourcing, appointing and managing a distribution channel of partners to sell and service customers throughout the territory.
Steve Collins, Managing Director of CDC Software, said, "We are pleased to further extend our Master Distributorship business strategy with a leading software vendor in the process manufacturing market. Ross Systems' iRenaissance is an ERP solution with a robust offering that addresses the specific problems and challenges faced by process manufacturers. We believe our relationship with Ross greatly broadens our software product portfolio enabling us to provide a comprehensive range of enterprise software products and services in the region."
iRenaissance is designed specifically for manufacturers in the food and beverage, life sciences, chemicals, metals and natural products industries, which require comprehensive applications from supply chain management to financials, manufacturing, distribution, maintenance management, quality control, and regulatory compliance. Ross has over 1,000 enterprise customers worldwide.
"We are pleased to partner with CDC Software to sell and service our enterprise software solutions in the territory. We see a growing opportunity throughout the Asia Pacific region in the process manufacturing industries. Given our success with process manufacturers worldwide, and the proven track record of CDC Software in the Greater China market we are confident that this partnership will expand our sales volume and will be a win-win situation for both companies," said J. Patrick Tinley, CEO of Ross Systems.
About CDC Software
CDC Software is the software unit of chinadotcom corporation (NASDAQ: CHINA), a leading integrated enterprise solutions company in Asia. CDC Software integrates a series of chinadotcom's self-developed products engineered in the two software development centers in China, which include PowerBooks, PowerHRP (Human Resources and Payroll), PowerATS (Attendance Tracking System), Power-eHR, PowerPay+, PowerCRM and Power eDM (a double-byte e-mail marketing technology). In addition, the company also broadens its serving offerings in software arenas by establishing strategic partnerships with leading international software vendors to localize and resell their software products throughout the Asia Pacific region.
chinadotcom's software arm currently has over 1,000 customer site installations and 600 enterprise customers located throughout the Asia Pacific region. Selected multinational and domestic customers include ACNeilsen, Carrefour, Legend Computer, Microsoft (China) Co. Ltd., Shenzhen Airlines, Swire Beverages and Shangri La Hotels and Resorts.
For more information about chinadotcom corporation and CDC Software, please visit the Web site http://www.corp.china.com.
About Ross Systems
Ross Systems, Inc. (NASDAQ: ROSS) delivers innovative software solutions that help manufacturers worldwide fulfill their business growth objectives through increased operational efficiencies, improved profitability, strengthened customer relationships and streamlined regulatory compliance. Focused on the food and beverage, life sciences, chemicals, metals and natural products industries and implemented by over 1,000 customer companies worldwide, the company's family of Internet-architected solutions is a comprehensive, modular suite that spans the enterprise, from manufacturing, financials and supply chain management to customer relationship management, performance management and regulatory compliance.
Publicly traded on the NASDAQ since 1991, Ross's global headquarters are based in the U.S. in Atlanta, Georgia, with sales and support operations around the world. For more information, visit www.rossinc.com.
Safe Harbor Statement
This press release includes certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on chinadotcom management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to chinadotcom as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect chinadotcom's results of operations is detailed in its filings with the United States Securities and Exchange Commission, including the Annual Report for the year ended December 31, 2001 on Form 20-F filed on 11 June, 2002.
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