New Contract Wins

6th Feb 2007 08:23

Immediate Release 6 February 2007

GEONG INTERNATIONAL LIMITED NEW CONTRACT WINS

GEONG International Limited ("GEONG" or "the Company"), the AIM listed, Beijing based, provider of content management software and solutions, announces that it has signed a US$150,000 contract to provide its PortalAge software to Haitong Securities ("HTS"), the number one securities firm in the PRC.

GEONG also announces that it has signed two contracts with China Asset Management Company ("ChinaAMC") one of the biggest mutual fund companies in China. The contracts are together worth US$110,000.

GEONG's PortalAge WCM (Web Content Management) V5 software will be used by both HTS and ChinaAMC to improve their e-trading systems. Geong's PortalAge has significant competitive advantages over alternative software products and is used by the top five banks in China.

Commenting on the two contracts, Wang Weidong, Chief Executive Officer of GEONG , said: "We are delighted to have won further contracts in this key sector for our products. Financial services is a booming industry in the PRC and is an area where we have a strong presence and expect significant growth going forward."

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For further information, please contact:

GEONG International Limited Henry Tse, Chairman Wang Weidong, CEO T: +86 10 877 30066 Tavistock CommunicationsMatt RidsdaleSimon ComptonT: +44 (0)20 7920 3150

GEONG INTERNATIONAL LIMITED

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