13th Jul 2007 07:00
13 July 2007 GEONG International Limited ("GEONG" or "the Company") US$880,000 Contract Win
GEONG International Limited (AIM: GNG), the AIM listed, Beijing based provider of enterprise content management (ECM) software and solutions, today announce that it has signed a contract with Shanghai General Motors (SGM) worth US$880,000.
The contract, which was won in partnership with Oracle China, is to deliver the fourth phase of SGM's Dealer Management System (DMS) which is based upon GEONG PortalAgeTM infrastructure that GEONG originally designed and installed in 2005.
Phase four of the DMS programme will see the system expanded into a further 400 SGM car dealerships throughout Shanghai and follows the successful completion of the first three phases of the DMS programme by GEONG over the last 3 years.
Under the terms of the contract GEONG will also provide SGM with ongoing product and maintenance support for its DMS system until 31 May 2008.
Commenting on the contract win, Wang Weidong, Chief Executive Officer of GEONG, said: "Being involved in the fourth phase of Shanghai General Motors' DMS programme is testament to the scalable and adaptable nature of GEONG's PortalAge products and solutions and the continued high levels of quality and service we pride ourselves in providing.
"By partnering with the likes of Oracle we are able to provide quality solutions and services to large organisations, whilst retaining the innovativeness and flexibility that being a much smaller company brings."
- ENDS- Enquiries:Henry Tse, Chairman www.geong.com Weidong Wang, CEO GEONG International Limited Tel: +86 10 877 30066
Paul Dulieu / Emma Kane / Tom Newman 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 GEONGInternational 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 INTERNATIONAL LIMITEDRelated Shares:
GNG.L