5th Aug 2008 08:00
5 August 2008 GEONG International Limited ("GEONG" or "the Company") Wins Contract Extension Worth ‚£1.2 Million
GEONG International Limited (AIM: GNG), the AIM listed, China based provider of enterprise content management (ECM) software and solutions, today announces that it has signed an extension to a contract signed in April 2008 with a leading global provider of next generation telecommunications networks ("the Client"). The contract, which is in its second phase, is worth in the region of ‚£210,000 per month from July through to 31 December 2008.
Under the terms of the contract, GEONG will continue to source and manage a number of freelance consultants who will assist the Client in developing a management system relating to its Global Financial Planning and Risk Management requirements.
Commenting on the contract win, Wang Weidong, Chief Executive of GEONG, said:"The extension of this contract demonstrates GEONG's continued ability to helpits clients at a high level." - ENDS- Enquiries:Henry Tse, Chairman www.geong.com Weidong Wang, CEO GEONG International Limited Tel: +86 10 5222 0999 Paul Dulieu / Mike Ward [email protected] Redleaf Communications Ltd Tel: +44 (0)20 7822 0200 John Depasquale / Parimal Kumar Seymour Pierce Tel: +44 (0)20 7107 8000
Notes to Editors
About GEONG International Limited
* GEONG is registered in Jersey and headquartered in Beijing. Its shares were admitted to AIM in June 2006 and trade under the ticker GNG.L * The Company has provided content management software and solutions since its establishment in September 2000 and has earned a reputation as a local technology leader in the Chinese Enterprise Content Management (ECM) market, especially in the financial services industry. * ECM software is an internet based suite of products that enables companies to capture, manage, store, preserve and deliver content, documents and data across thousands of users, processes and locations. * The Company has developed two proprietary product ranges: the PortalAgeTM suite designed for large enterprise customers and SmartBoxTM designed to capture the SME market's requirement for collaboration software. * PortalAgeTM clients include: Lenovo, Bank of Communications, China Construction Bank, FAW Volkswagen, Shanghai Automotive Industry Corporation, Shanghai General Motors and Air China. * In March 2007, the Company established a Canadian representative office in order to commence the international promotion of SmartBoxTM. * In 2006, GEONG was recognised for the second successive year in the Deloitte "Technology Fast 50 China 2006" and the "Technology Fast 500 Asia Pacific 2006", which recognises the fastest growing technology companies in China and in Asia Pacific respectively. * GEONG was short listed for the "Best Technology" category at the 2007 AIM Awards. * In October 2007, the company established a Guangzhou branch office in order to commerce the expansion of both PortalAgeTM and SmartBoxTM in Southern China.
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