VANCOUVER, BC, May 30, 2006
Pivotal’s CRM Provides Comprehensive Information Data Repository
— Pivotal Corporation, a leading Customer Relationship Management (CRM) solution provider and the CRM division of CDC Software, the enterprise software company of CDC Corporation (NASDAQ: CHINA), today announced that Julius Baer Investment Management LLC, a US- registered investment advisor wholly owned by the Julius Baer Group, has selected Pivotal CRM software to better manage relationships with clients and third-party contacts with a single centralized corporate data repository for information. The company is using the CRM solution within its Institutional Asset Management Group to ensure consistent client service.
“Given the scope of our institutional business, utilizing a centralized CRM system is essential,” said Tony Williams, chief executive officer for Julius Baer Investment Management LLC. “The Pivotal system provides flexibility, which is important given the dynamic nature of our business.”
Pivotal’s CRM for financial services is designed to meet the needs of institutional asset management firms that need one corporate repository for information and cannot rely upon disparate systems in order to meet regulatory requirements. The system includes features to effectively manage deals, forecasts and request for proposals. Additionally, Pivotal CRM provides better visibility into market information, which results in improved planning and business performance.
“Julius Baer is an industry leader when it comes to its commitment to client service and providing valued-added asset management services," said Jason Rushforth, managing director of financial services for Pivotal. "Pivotal is excited to be working with them to implement a long-term strategy for proactively managing information."
Pivotal Corporation, a software unit of CDC Corporation (NASDAQ: CHINA), is a leading provider of customer relationship management (CRM) applications to help organizations create superior customer experiences. Pivotal’s CRM applications offer rich functionality, a highly flexible application platform, a full application suite, and best-in-class customization abilities, all with a low total cost of ownership. Pivotal delivers software and services that are designed to produce meaningful increases in revenues, margins, and customer loyalty. More than 1,800 companies around the world have licensed Pivotal, including Farm Credit Services of America, WCI Communities, Premera Blue Cross, Qiagen, AvMed Health Plans, Sharp Electronics Corporation, and WellCare Health Plans.
Pivotal's complete CRM software suite includes a powerful application platform and additional capabilities in analytics, mobile CRM, and partner management. For more information about Pivotal Corporation, please visit www.pivotal.com
About CDC Corporation
CDC Corporation (NASDAQ: CHINA) is focused on enterprise software, business services, mobile applications and internet media. The company has approximately 1,800 employees with operations in 14 countries.
About CDC Software
CDC Software, the software unit of CDC Corporation, offers a broad range of software solutions for mid-sized enterprises. These products are utilized by approximately 3,500 customers worldwide.
For more information about CDC Corporation and CDC Software, please visit the website www.cdccorporation.net.
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, and includes statements relating to the ability of Pivotal to address the needs of its service sector customers specifically Julius Baer Investment Management LLC, and the ability of Julius Baer Investment Management LLC to streamline operations, accelerate growth and improve client relationships with Pivotal CRM software. 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, among others: the conditions of the service industry; the continued ability of Pivotal solutions to address industry-specific requirements of business services; demand for and market acceptance of new and existing enterprise software and services; development of new functionalities which would allow healthcare support companies to compete more effectively and changes in the type of information required to compete in the service business. Further information on risks or other factors that could cause results to differ are detailed in filings or submissions with the United States Securities and Exchange Commission made by our parent, CDC Corporation, including its Annual Report for the year ended December 31, 2004 on Form 20-F filed on June 30, 2005 (and amended on October 11, 2005). 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.
Articulate Communications Inc.
(617) 451-7788 ext. 16