27th Mar 2007 07:00
Embargoed: 07.00am, 27 March 2007
GEONG INTERNATIONAL LIMITED NEW AUTOMOTIVE CONTRACT WINS
FURTHER PROGRESS IN THE CHINESE AUTOMOTIVE INDUSTRY
GEONG International Limited ("GEONG" or "the Company"), the AIM listed, Beijing based, provider of content management software and solutions, announces that it has signed two contracts together worth US$460,000 to provide its PortalAge software solutions to Shanghai Automotive Industry Corporation ("SAIC"), one of the largest companies in the Automotive industry in China and a constituent of the Fortune Global 500, and Shanghai General Motors ("SGM"), an existing client of GEONG.
GEONG will provide SAIC with its leading PortalAge software as well as providing technical assistance in order to establish a Dealer Management System ("DMS"). The award of this contract follows GEONG's successful creation and installment of a similar DMS solution developed for SGM. Such DMS solutions enable effective management of data between head office and the company's network of dealerships as well as offering customer relationship management functionality. For SGM, GEONG will provide product support and application maintenance services to help upgrade their customer relationship management (CRM) systems.
Commenting on the contract wins, Wang Weidong, Chief Executive Officer of GEONG said: "We are very pleased to be providing our PortalAge product to a member of the Fortune Global 500. Contracts such as these are establishing GEONG as one of the leading providers of content management solutions in China.
" We are establishing a strong presence within China's automotive industry and continue to seek further growth in this area of our business, " he added.
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For further information, please contact:
GEONG International Limited Tavistock CommunicationsHenry Tse, Chairman Matt RidsdaleWang Weidong, CEO T: +44 (0)20 7920 3150T: +86 10 877 30066Seymour PierceJohn DepasqualeT : 020 7107 8000
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