Shanghai, Atlanta, September 14, 2011 — CDC Software Corporation (NASDAQ: CDCS), an enterprise software provider of on-premise and cloud deployments, today announced it has sold its strategic partner solution, eBizNET , a cloud warehouse management solution, to Montreal, Canada-based LS Distribution North America, a subsidiary of Lagardère Services.
LS Distribution is one of North America’s leading distributors of international press serving national chains, independent news stands, neighbourhood stores and airport retailers. The eBizNet solution is also expected to be used at LS Distribution’s two business units: LS Distribution Logistics, a provider of 3PL services in North America; and LS Distribution Services, a wholesale division for non-press products including confectionary, fine stationary, toys and other gift items. Initially, eBizNET is expected to be implemented at LS Distribution’s main office and warehouse in Montreal with another warehouse planned in a later phase of the implementation.
eBizNET Solutions offers an integrated suite of on-demand SaaS Supply Chain Execution (SCE) solutions including warehouse management, transportation management, yard management, port and cargo terminal management, activity based billing and costing, and reverse logistics. eBizNET Solutions is a strategic partner of CDC Software.
“The flexibility and user-friendly configuration of this tool will allow us to provide upscale and customized service to all our business partners,” said Francois Lesle, COO, LS Distribution North America. “We believe this solution will offer a true competitive advantage for our 3PL customers.”
“This eBizNET sale to a premier distributor in North America illustrates how this innovative cloud solution has been a valuable addition to our cloud product portfolio,” said Bill Green, president of CDC Software’s cloud product line. “eBizNET provides companies like LS Distribution the opportunity to adopt the transformative benefits of a SaaS warehouse management solution that includes state-of-the-art technology with lower total cost of ownership.”
About LS Distribution:
With more than 40 years of experience in international logistics, LS Distribution is a 3PL platform based in Montreal, a unique gateway to North America for Canadian and foreign companies looking to establish or expand their operations in this market. By choosing LS Distribution, these companies benefit from significant economies of scale, thanks to resource sharing among the LS Distribution’s partners.
Over the years, LS Distribution has developed an innovative approach to 3PL that aims to better meet the sub-contracting needs of its clients by offering high-quality customized services. The company’s team of logistics experts are always looking for new ways to do business and optimize operations for its partners, enabling them to improve their performance.
About CDC Software
CDC Software (NASDAQ: CDCS), The Customer-Driven Company™, is a global enterprise software provider of on-premise and cloud deployments. Leveraging a service-oriented architecture (SOA), CDC Software offers multiple delivery options for their solutions including on-premise, hosted, cloud-based Software as a Service (SaaS) or blended-hybrid deployment offerings. CDC Software’s solutions include enterprise resource planning (ERP), manufacturing operations management, enterprise manufacturing intelligence, supply chain management (demand management, order management and warehouse and transportation management), global trade management, e-Commerce, human capital management, customer relationship management (CRM), complaint management and aged care solutions.
CDC Software’s acquisitions are part of its “acquire, integrate, innovate and grow” strategy. Fueling the success of this strategy is the company’s global scalable business and technology infrastructure featuring multiple complementary applications and services, domain expertise in vertical markets, cost effective product engineering centers in India and China, a highly collaborative and fast product development process utilizing Agile methodologies, and a worldwide network of direct sales and channel operations. This strategy has helped CDC Software deliver innovative and industry-specific solutions to 10,000 customers worldwide within the manufacturing, distribution, transportation, retail, government, real estate, financial services, health care, and not-for-profit industries. 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 beliefs and expectations regarding the implementation of the eBizNet solution at LS Distribution North America and the scope thereof, our plans, expectations and beliefs regarding our SCIPP program, expectations and beliefs about the eBizNet solution and the potential benefit thereof to customers and their competitive position, and other statements we may make. Further information on risks or other factors that could cause results to differ is detailed in our filings or submissions with the United States Securities and Exchange Commission, including our Annual Report on form 20-F for the year ended December 31, 2009, filed with the SEC on June 1, 2010, and those of our ultimate parent company, CDC Corporation, located at www.sec.gov. 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. Historical results are not indicative of future performance.
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