25th Apr 2007 07:00
Embargoed: 07.00am, 25 April 2007
GEONG INTERNATIONAL LIMITED CONTRACT GAIN GEONG SUPPORTS OLYMPIC 2008 SPONSORS
GEONG International Limited ("GEONG" or "the Company"), the AIM listed, Beijing based, provider of content management software and solutions, announces that it has signed an annual contract to provide its PortalAgeTM software and services to Lenovo Group Limited ("Lenovo") which the Directors estimate has the potential to be worth between US$1,860,000 and US$2,620,000.
Lenovo is the third largest PC supplier in the world employing 24,500 people and supplying PC's to over 160 countries. Under the terms of the contract with Lenovo, GEONG will design, build, deploy and operate a bespoke system based on its leading PortalAgeTM Enterprise Content Management software establishing a worldwide dealer communication and management system.
The system will be an extension of the ThinkWorld Users Club system which was designed by GEONG and has been used by IBM PC/Lenovo since 2003. GEONG intends to seek further agreements of this kind and further applications for its PortalAgeTM software.
Commenting on the contract, Wang Weidong, Chief Executive Officer of GEONG, said: "The contract signed with Lenovo highlights the calibre of our software suite, the quality of our services and the successful execution of our strategy. I am delighted that PortalAgeTM will be used to support Lenovo in their global operations and key strategic decisions."
"Companies are looking to make the most of the increase in revenue that will come as a result of the 2008 Beijing Olympic Games and we are seeing an increase in demand for our software and services. GEONG has now signed contracts with a number of leading sponsors including Lenovo, Bank of China, Air China and FAW Volkswagen.
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For further information, please contact:
GEONG International Limited Henry Tse, Chairman Wang Weidong, CEOT: +86 10 877 30066Seymour Pierce LtdJohn DepasqualeT : 020 7107 8000Tavistock CommunicationsMatt RidsdaleSimon ComptonT: 020 7920 3150
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