eFuture Works With Microsoft to Provide Standardized POS-ERP System in China
July 29 2009 - 8:30AM
PR Newswire (US)
BEIJING, July 29 /PRNewswire-Asia/ -- eFuture Information
Technology Inc. (Nasdaq: EFUT, "eFuture"), a leading provider of
software and services in China's retail and consumer goods
industries, announced today that it has entered into a strategic
relationship with Microsoft Corporation (Nasdaq: MSFT, "Microsoft")
to provide a standardized POS-ERP system for retailers in China.
This system will integrate Microsoft Windows Embedded POSReady 2009
into eFuture's POS-ERP Store Operation System. Leveraging eFuture's
nationwide retail customer base and Microsoft's worldwide
reputation will allow eFuture to deliver a reliable and seamlessly
integrated POS solution to companies throughout China. The
standardized POS-ERP system pairs eFuture's POS-ERP Store Operation
System, a solution specifically designed to facilitate the
efficient flow of goods, orders, information and cash in-store,
with the familiarity and reliability of Microsoft's operating
systems and technologies. The result is a low-cost, highly-secured
data platform with service-oriented architecture ("SOA") for
retailers throughout China. To ensure customer satisfaction and a
smooth transition onto this embedded platform, Microsoft Windows
Embedded POSReady 2009 operating system is equipped with flexible
and customizable features that conform to customers' hardware
requirements and has the ability to easily connect to peripherals
and servers in order to work seamlessly with a broad range of
applications. During the past three months, eFuture commenced a
pilot program of the embedded solution with a retailer in Hebei
Province in northern China. Based on the success of this pilot
effort, eFuture will invite additional clients to join throughout
the duration of the pilot program. Adam Yan, chairman and CEO of
eFuture, said, "It is with great enthusiasm that I announce our
strategic relationship with Microsoft, one of the world's most
reputable and innovative software providers. This relationship
further underscores the fact that our strong foothold within
China's retail and consumer goods industry, access to over 1,000
retailers with more than 100,000 POS, extensive suite of products
and localized customer service has helped us emerge as the partner
of choice for leading global technology companies. In addition, our
POS-ERP system can now be bundled with our Software-as-a-Service
offering, helping to further expand our eServices business, a key
component of our long-term growth strategy. I have the full
confidence that the integrated offering of our POS-ERP Store
Operation System, a platform optimized for efficient store and
inventory management, and Windows Embedded POSReady 2009, a
solution synonymous with flexibility, seamless connectivity, and
reliability, will allow us to provide an even stronger product and
service offering to the Chinese retail market." "We are pleased to
see our global partner ecosystem continue to expand rapidly with
the participation of information technology leaders such as
eFuture, which delivers software-plus-service solutions to
businesses in the retail and consumer goods industries," said Ilya
Bukshteyn, senior director, Microsoft Windows Embedded Marketing.
"We are witnessing significant growth in China's retail market as
businesses transition from transaction processing to enhanced
customer service and user experiences to drive customer loyalty. We
are confident that Chinese retailers and their end customers can
benefit from eFuture's solutions built on Windows Embedded POSReady
2009, which is designed specifically to help enable this
transition." About eFuture Information Technology Inc. eFuture
Information Technology Inc. (NASDAQ:EFUT) is a leading provider of
software and services in China's rapidly growing retail and
consumer goods industries. eFuture provides integrated software and
services to manufacturers, distributors, wholesalers, logistics
companies and retailers in China's front-end supply chain(from
factory to consumer) market, especially in the retail and fast
moving consumer goods industries. eFuture currently serves over 15
Fortune 500 companies, over 1,000 retailers and over 5,000
suppliers operating in China. eFuture is one of IBM's premier
business partners in Asia Pacific and is a strategic partner with
Oracle, Microsoft, JDA, Motorola and Samsung Network China. eFuture
has more than 600 employees and 20 branch offices across China. For
more information about eFuture, please visit
http://www.e-future.com.cn/ . For more information, please contact:
Investor Contact: Troe Wen, Company Secretary eFuture Information
Technology Inc. Tel: +86-10-5293-7699 Email: Investor Relations
(US): Mahmoud Siddig Taylor Rafferty Tel: +1-212-889-4350 Email:
Investor Relations (HK): Ruby Yim Taylor Rafferty Tel:
+852-3196-3712 Email: Media Contact: Jason Marshall Taylor Rafferty
Tel: +1-212-889-4350 Email: DATASOURCE: eFuture Information
Technology Inc. CONTACT: eFuture Information Technology Inc., Troe
Wen, Company Secretary, +86-10-5293-7699, or Taylor Rafferty,
Mahmoud Siddig, +1-212-889-4350, and Ruby Yim, +852-3196-3712, and
Jason Marshall, +1-212-889-4350, , all for eFuture Information
Technology Inc. Web site: http://www.e-future.com.cn/
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