Hong Kong, Atlanta, June 12, 2007 — CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it's customer, Litehouse Foods, was selected as a winner of the third annual Progressive Manufacturing 50 Awards Program, selected by Managing Automation, for achieving operational excellence using its Ross Enterprise suite of applications.
The awards program recognizes manufacturers that are progressive in their businesses, in the management of their operations and in their use of advanced technologies. The Progressive Manufacturing 50 Awards Program recognizes 50 companies that have achieved distinction in at least one of the eight core disciplines defined by Managing Automation as critical to business success in the years ahead. These disciplines include: Business Model Mastery, Customer Mastery, Supply Network Mastery, Data & Integration Mastery, Innovation Mastery, Training & Education Mastery, Leadership, and Operational Excellence.
Litehouse Foods is a leading manufacturer of refrigerated dressings, dips and sauces that has been growing rapidly in order volume, as well as number of product lines. Litehouse was chosen for this award because they have achieved better tracking of inventory and increased customer service by using Ross Enterprise. Current service levels averaged 94 percent for fill rates and 97 percent for on-time delivery. Plus, the integration of the financials has reduced Litehouse's closing time significantly, down to just a few days. By achieving a correct one-number forecast for the entire company, Litehouse can now plan, modify and manage at the customer level like never before possible. This data is turned into useful information that allows Litehouse to proactively plan for trade promotions, improve overall collaboration with its trading partners and, through this, increase customer satisfaction.
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 Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Ross ERP (enterprise resource planning) and SCM (supply chain management), MVI real-time performance management, IMI warehouse management and order management, Platinum China HR (human resource) 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 18 on the Manufacturing Business Technology 2006 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
About Ross Enterprise
Ross Enterprise is an innovative suite of software solutions that help 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 functionality for a variety of industries including food and beverage, chemicals, life sciences, metals, natural products, and business services. The comprehensive suite of solutions include functionality in enterprise resource management (ERP), supply chain management (SCM), customer relationship management, real time performance management, order management and warehouse management (WMS), human resource planning, performance management and business analytics. For more information, visit www.rossinc.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 statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. Factors that could cause actual results to differ materially from those anticipated in the forward looking statements include, quarterly fluctuation of software product license revenue, weakening of customer demand for enterprise systems, maintenance of a minimal backlog, and uncertainty of demand for new product offerings. 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, 2005 on Form 20-F filed on June 21, 2006. 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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