13th Nov 2007 09:16
13 November 2007 GEONG International Limited ("GEONG" or "the Company") Sign Contracts with Lenovo and SONY worth US$535,000
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 contracts with Lenovo Group Limited (Lenovo) and SONY China Limited (SONY) worth US$535,000.
The contract with Lenovo, worth US$300,000, is to provide a new Reseller Incentive System (RIS) based on GEONG's PortalAgeTM content management system and infrastructure. The RIS is being developed to support Lenovo's high-end business PC division, Yang Tian, to more than 5,000 resellers across China. Yang Tian is Lenovo's most successful product in terms of both revenue and profit.
GEONG has also signed two contracts with SONY, worth US$235,000, to assist SONY in developing Customer Relationship Management (CRM) and e-Commerce systems, based on GEONG's PortalAgeTM, to improve SONY's e-business across China.
Commenting on the contract wins, Wang Weidong, Chief Executive of GEONG, said: "The addition of such internationally renowned companies as Lenovo and SONY to our client list further confirms the quality of our systems and solutions."
- ENDS- Enquiries:Henry Tse, Chairman www.geong.com Weidong Wang, CEO GEONG International Limited Tel: +86 10 877 30066
Paul Dulieu / Emma Kane / Mike Ward Redleaf Communications Ltd Tel: +44 (0)20 7822 0200 John Depesquale / 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 Oct 2007, the company established a Guangzhou branch office in order to commerce the expansion of both PortalAgeTM and SmartBoxTM in Southern China.
GEONG INTERNATIONAL LIMITEDRelated Shares:
GNG.L