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Cool. That'll teach them scoundrels! lol!
X 10, when one considers the generally broad based
CHINA (country) explosion!!!
LOL ~~~ just ask MBR
Good luck.. Don't have any of them.. As for FFHL, last I played them was in late spring..
I personally have problem getting into high p/s stocks and now and again when I do get one right, I leave them too early.. such as EJ couple of months ago..Today touching a new high..
This has been a lousy year as far as my execution goes.. lol.. Actually unbroken record now for few years of lousy execution. To think CHINA which peaked in early spring has not been able to recover when every dog out there is setting new highs makes me ill..
My recent additions include:
STV
FFHL (don't laugh too much)
DELL
ICON
ANDE
and......VGR (again)
I am seriously thinking about picking up
a few shares of NED ---- difficult to play
the POST-IPO "guessing game" ---- but, I like
their business model.
Thanks.. Looks like they are big enough.. Oh well.. hard to second guess who might have caused this rift..
In FWIW column, one of my stocks, PALM dropped yesterday much more then the $ 9 return of capital that is coming to existing share holder of record on Oct. 24.. So today it is bouncing back some .. Analysts are divided on their prospects.. About equal numbers recommending it and others against it and as many neutral.. Volatile and at this point only big name player trading in single digit..
The company balance sheet will be weaker after this payout but on the other hand, PALM is a valuable trade mark, new blood has come from Apple (guy who was responsible for ipod0 and new equity injected comes with 2 new directors ..
Another one I have been adding of late is CREE.. Huge short interest but I am betting on their LED niche..
some data points:
http://www.cdcgames.net/company.html
Partners
M-GAME
Founded in 1996, MGame is a frontrunner in the online game industry in Korea. It launched its first online game in 1997 and subsequently launched one of the first MMORPG games in Korea. The company provides a wide variety of games ranging from Web Board Games (Go, JangGi, GoStop, etc), Casual Games (Worms, Bomberman), Action Games (Sticks), Musical Games (O2Jam), to MMORPGs (Yulgang, Hero, Knight and Ares). Over 50 different games are in service on the company's portal site with 19 million registered members. MGame has 5 internal game developing studios and has over 750 employees in Korea and has offices in China, USA and Japan, and hiring over 100 employee for a global game service. Currently MGame has 4 new games in development including Holic, WFFM, Pop Strikers and Crash Battle. The company has also exported successful titles, such as Yulgang, to over 20 countries worldwide. MGame was the recipient of the President award at the Korea Games Conference in 2005.
For more information, please visit http://www.mgame.com/
http://www.mgame.com/mgame.mgame
http://www.cdcgames.net/investor.html
http://phx.corporate-ir.net/phoenix.zhtml?c=78433&p=irol-irhome
http://www.cdccorporation.net/companies.shtml
MGames PR's:
=======================================
http://www.cdccorporation.net/newsroom/news/000665.shtml
http://www.cdccorporation.net/newsroom/news/000691.shtml
<< note, I could not find anything on the "exact" expenditures related to the MGame investment >>
fwiw........most recent is a BUY !
Current Analyst Recommendations
Latest
Reports Firm StarMine
Ranking* Current Rec.
(Actual) Current Rec.
(Normalized) Last Change
to Rating
Market Edge 97 Buy Buy Upgrade
10/22/07
Columbine Capital Services Inc. 46 Unfavorable Underperform Downgrade
9/7/07
Thomson/Gradient 33 Hold Neutral Upgrade
10/19/07
Ativo Research N/A Most Unfavorable Sell Downgrade
8/10/07
Ned Davis Research N/A Buy Buy Reiterate
8/4/06
Zacks Investment Research, Inc N/A Buy Outperform Upgrade
8/12/07
Well if true, atleast this is positive in that there is enough pressure to settle and get on with it.. Not sure how big Mgame is and how much money CDC invested there but their behaviour certainly looks petulant..
CHINA ~~~ Press Release Source: CDC Games
CDC Games Clarifies Status of its Online Game, Yulgang
Friday October 26, 9:47 am ET
CDC Games Continues to Operate Yulgang
BEIJING--(BUSINESS WIRE)--CDC Games, a business unit of CDC Corporation and pioneer of the “free-to-play, pay for merchandise” model for online games in China, today announced that China regulatory authorities have publicly indicated that until the dispute between Mgame, the developer of Yulgang, and CDC Games is resolved, Mgame’s new products will not be allowed to enter the Chinese market. In addition, until the dispute is resolved, the license to operate Yulgang in the People’s Republic of China remains with CDC Games. (http://tech.sina.com.cn/i/2007-10-26/16491816670.shtml). In a press release issued by Mgame on Tuesday, Mgame alleged they will soon operate Yulgang with a new partner in China. The statement by China authorities today renders Mgame’s assertion impossible.
“We continue to be very disappointed with Mgame’s conduct throughout this process,” said Xiaowei Chen, Ph.D., president of CDC Games. “In particular we are shocked and dismayed at the numerous irresponsible public pronouncements, beginning with Mgame’s first announcement on October 17 in the Chinese press. They have made incorrect claims about possible new operators of Yulgang and also released sensitive commercial information in the Chinese press which could be very damaging to the game, which is in breach of their obligations under the license agreement. Mgame has repeatedly demonstrated their disregard for their contractual obligations. We treasure our relationship with all of our developer partners, and sincerely hope Mgame’s extreme behavior will not have a negative impact on the image of other Korean game developers in China. Furthermore, unless there are any material developments that could negatively impact the game players, we do not see a need to respond to any future pronouncements by Mgame in the media.”
Added Chen, “Despite Mgame’s breaches and lack of cooperation, we are confident that we have adequate resources and sufficient support to continue to serve and protect the interests of our loyal game players of Yulgang in the future. CDC Games will continue to operate Yulgang in China. In other words, it is business as usual for our players and we continue to book revenues as usual.”
CDC Games has also filed a lawsuit in the courts of Korea against Mgame for breach of contract alleging Mgame has not been providing adequate technical support of Yulgang, and Mgame has not been supporting CDC Games in their efforts to combat pirate servers. This is in addition to the lawsuit for breach of contract filed earlier by CDC Games in Hong Kong. CDC Games will continue to aggressively pursue all available legal options at the courts and other appropriate channels to protect its interests and the interests of its game players.
About CDC Games
CDC Games is one of the market leaders of online and mobile games in China with more than 100 million registered users. The company’s hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for three consecutive years, in 2005, 2006 and 2007. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the actions of the Chinese regulatory authorities, possibility of resolving the dispute with Mgame, the success of any litigation against Mgame, the ability of continue to operate Yulgang in the future and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the uncertainty of litigation; (b) the continued popularity of Yulgang; (c) the uncertainty of the actions of the Chinese regulatory authorities; and, (d) adequate resources and technical support for Yulgang going forward. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
CDC Software
Media Relations
Scot McLeod, 678-259-8625
scotmcleod@cdcsoftware.com
--------------------------------------------------------------------------------
Source: CDC Games
OT: SNDA ~~ Press Release Source: Shanda Interactive Entertainment Ltd.
Shanda Announces New Pipeline of Online Games
Friday October 26, 2:00 am ET
SHANGHAI, China, Oct. 26 /Xinhua-PRNewswire/ -- Shanda Interactive Entertainment Limited (Nasdaq: SNDA - News), a leading interactive entertainment media company in China, today announced the introduction of three new online games that are currently under development: Gui Chui Deng Online, Creation of the Gods and World Hegemony. The newly introduced games are expected to commence beta testing in the first half of 2008.
Gui Chui Deng Online is a 3D side-scrolling massively multi-player online role play game ('MMORPG') adapted from an adventure novel with the same name. Gui Chui Deng has been one of the most popular online fiction novels in China in 2007 and is owned by Shanda's online literature website, http://www.cmfu.com . Pursuant to a development agreement between Shanda and Maishi Information Technology Limited (''Maishi''), an early-stage online game developer based in Shanghai, Maishi will develop Gui Chui Deng Online for Shanda, and Shanda will own all intellectual property rights in the game and in its content. In addition, Shanda will have the right to become a substantial shareholder of Maishi.
Creation of the Gods is a 3D massively multi-player online real-time strategy game (''MMO-RTS") based upon well-known Chinese legends and myths. The game features fast-paced and highly competitive fights and stunning graphics, and emphasizes both individual skills and team cooperation. Pursuant to a development agreement between Shanda and Lingyu Technology Limited (''Lingyu''), an early-stage online game developer based in Fuzhou, China, Lingyu will develop Creation of the Gods for Shanda, and Shanda will own all intellectual property rights in the game and in its content. In addition, Shanda will have the right to become a substantial shareholder of Lingyu.
World Hegemony is an in-house developed multi-player web game based on historical background of the Three Kingdoms. The game exhibits large-scale army deployment and combat scenes of ancient wars. It is the first web-based game developed by Shanda's in-house R&D team.
''We are excited to see that Shanda has further diversified its content resources by establishing partnerships with Maishi and Lingyu following the successful acquisition of Aurora Technology in July of this year,'' said Tianqiao Chen, Shanda's Chairman and CEO. ''In addition, the newly introduced web game once again demonstrates the strength and quality of our in-house R&D team. Looking forward, we will work hard to enrich our content through multiple channels, in an effort to constantly provide our gamers with a fun and entertaining game experience.''
About Shanda Interactive Entertainment Limited
Shanda Interactive Entertainment Limited (Nasdaq: SNDA - News) is a leading interactive entertainment media company in China. Shanda offers a portfolio of diversified entertainment content including some of the most popular massively multi-player online role-playing games (MMORPGs) and casual online games in China, as well as online chess and board games, network PC games and a variety of cartoons, literature works and music. Shanda's interactive entertainment platform attracts a large and loyal user base, of which more and more is coming from homes. Each user can interact with thousands of other users and enjoy the interactive entertainment content that Shanda provides. Interaction enriches your life. For more information about Shanda, please visit http://www.snda.com .
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this announcement that are not historical facts, including but not limited to statements regarding when Gui Chui Deng Online, Creation of the Gods and World Hegemony will commence beta testing and the future appeal of these games to users in China, represent only the Company's current expectations, assumptions, estimates and projections and are forward-looking statements. These forward-looking statements involve various risks and uncertainties. Important risks and uncertainties that could cause the Company's actual results to be materially different from expectations include but are not limited to, a delay in the commencement of beta testing of Gui Chui Deng Online, Creation of the Gods and World Hegemony, the risk that Gui Chui Deng Online, Creation of the Gods and World Hegemony are not well received by users in China, and the risks set forth in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please contact:
Shanda Interactive Entertainment Ltd.
Maggie Yun Zhou
Investor Relations Manager
Tel: +86-21-5050-4740 (Shanghai)
Email: IR@shanda.com.cn
CCG Elite
Crocker Coulson (investors)
Tel: +1-310-231-8600 (USA)
Email: crocker.coulson@ccgir.com
Elaine Ketchmere (media)
Tel: +1-310-231-8600 (USA)
Email: elaine.ketchmere@ccgir.com
--------------------------------------------------------------------------------
Source: Shanda Interactive Entertainment Ltd.
You complain about TOO MANY......You complain
about TOO FEW............man, just like my wife!!!!
Dang! They put out more PR's than Phan. They must average 2-3 a week!
CHINA ~~~ Press Release Source: CDC Software
CDC Software to Develop SaaS Applications for China Through Joint Venture with FlexSystem
Thursday October 25, 8:33 am ET
CDC Software to Deliver HR, Payroll, Accounting and Workflow SaaS Applications with One of China's Leading Enterprise Solutions Providers
HONG KONG & ATLANTA--(BUSINESS WIRE)--CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA - News) and a provider of industry-specific enterprise software applications and business services, announced today that they have signed a binding term sheet to form a joint venture with FlexSystem Limited, one of the leading enterprise software solution providers in China. The joint venture intends to develop human resources, payroll and accounting software as a service (SaaS) applications for initial deployment throughout China. These applications will be marketed and sold directly by CDC Software and offered on a subscription basis with very low up-front costs.
The equally-owned Hong Kong-based joint venture intends to develop SaaS versions of CDC Software’s HRM payroll and attendance tracking applications, with the financial accounting and workflow applications from FlexSystem. This integrated SaaS business suite will initially be targeted for the millions of small to medium-size enterprises in China. The joint venture will leverage FlexSystem’s current SaaS platform and applications, as well as their current customers that have subscribed since their applications were launched in Hong Kong and Taiwan in 2006. The integrated SaaS solutions are expected to be available in the second quarter of 2008 with future plans that call for marketing and selling of these applications to be expanded globally. The joint venture will also seek to leverage CDC Software’s Nanjing and Shanghai development centers along with FlexSystem’s development center in Hong Kong as well as others.
Peter Yip, CEO of CDC Corporation, will serve as chairman and Adam Lok, CEO of FlexSystem, will also serve on the board of directors and take the role of managing director of the joint venture. Sean Yu, Chairman, CDC Software China of CDC Software will also serve on the board of directors.
“We are excited to form this joint venture with such a successful partner in the China market for enterprise software solutions,” said Peter Yip, CEO of CDC Corporation and chairman of CDC Software. “This is a winning combination of CDC Software’s highly successful Platinum HRM solutions and FlexSystem’s leading accounting applications which already hold a significant market share in the financial services markets in Greater China, as well as with publicly traded companies on the Hong Kong Stock Exchange.”
“From our experience developing and delivering SaaS applications, we believe that the combination of these highly complementary business applications will be well received in the China markets,” said Adam Lok, CEO, FlexSystem. “We will kick-start the joint venture by leveraging our current SaaS platform and applications, as well as our customers already running these and making positive contributions to our business. We expect the SaaS subscription-based delivery model will be particularly appealing to the many small to medium-sized China companies who are looking for low up-front costs, streamlined implementations and reduced maintenance overhead.”
The joint venture will leverage the deep knowledgebase and extensive network infrastructure of CDC Software’s sister companies, China.com, CDC Games and CDC Mobile, to facilitate the hosting of the SaaS applications throughout Greater China. CDC already leverages one of the most extensive network infrastructures in China spanning more than 30 provinces and four major municipalities and hosts services for more than 1,200 enterprises in China. This joint venture is the latest step in CDC Software’s plans to deliver SaaS applications worldwide. In the North American markets, CDC Software currently offers CDC MarketFirst, a hosted marketing automation solution for multi-channel marketing campaign management, and CDC Factory Schedule, an on demand production scheduling system for consumer product companies.
About FlexSystem
FlexSystem Ltd. (HK GEM 8050) is principally engaged in the development of enterprise software products for Hong Kong, PRC and other Asian countries. The company has been providing high quality solutions to the commercial sector for more than 18 years. Its products combine business knowledge with technical expertise and its suite of applications range form financial management, trading management, manufacturing, point-of-sales, human resources management, property management, executive information system, workflow, document management and collaborative tool. Their solutions have been widely used by corporations of different sizes, which comprises more than 20 percent of the listed companies on HKSE, with installation across 15 countries.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
About CDC Software
CDC Software, The Customer-Driven Company™, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software’s product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI (warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA - News) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements relating to CDC Software, FlexSystem, the products intended to be developed by the joint venture, the markets in which such products may be sold and marketed, and the number and size of the companies to which such products may be targeted, the joint venture’s ability to leverage existing platforms, applications and customers of CDC Software and FlexSystem, the timing and availability for any products developed, our ability to leverage existing and new development centers, the composition of the joint venture’s management and board of directors, our beliefs regarding the potential acceptance of any products or delivery models of the joint venture in the China markets, our ability to launch the joint venture, and the success of the joint venture. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the enterprise market, the continued ability of the joint venture to address the business requirements of a SaaS model, demand for and market acceptance of the SaaS model, the ability of CDC Software and FlexSystem to successfully implement and manage a joint venture and develop marketable products, and the risk of not successfully leveraging existing resources and synergies. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl
678-259-8510
monishbahl@cdcsoftware.com
or
Articulate Communications Inc.
Media Relations
Kate Corcoran
212-255-0080, ext. 18
kcorcoran@articulatepr.com
--------------------------------------------------------------------------------
Source: CDC Software
UGLY !!!
And, no doubt, a real TAINT on games spinoff
It becomes murkier..
If it means these guys will license someone else in China and that might mean perhaps they were involved with these other sites that were already running Yulgang.. Looks to me like this will get uglier before it gets better since it seems a lot of asian pride is wrapped up in who said and did what..
Not impressed with Mgame moves either..
MGame Responds to CDC Lawsuits
Wednesday October 24, 12:06 pm ET
MGame Responds to Breach of Contract Lawsuits by CDC, Plans to Find New Partner for 'Yulgang'
NEW YORK (AP) -- In response to two breach of contract lawsuits filed against it by CDC Corp. last week, South Korean online gaming company MGame Corp. said it had terminated its contract with CDC's games unit because of nonpayment.
In a press release Tuesday, MGame said CDC Games had delayed a payment for a license fee for its "Yulgang" game due in June and made that payment in July.
"Since CDC Games did not make any further payments after August, MGame Corp. believed that CDC Games no longer wanted to renew the contract and decided to terminate the contract," MGame said in the press release. MGame terminated the contract last Wednesday.
But CDC, a Hong Kong-based software, online gaming and Internet company, said last week the claims are "baseless" and that its games unit has "continued to make obligatory royalty payments to Mgame for its operation of 'Yulgang,' which continues to operate in China today."
In a lawsuit filed by CDC Games last week, the company claims MGame has not been providing adequate technical support for "Yulgang" and that it has not been supporting CDC in its efforts to combat piracy.
In response, MGame said it has "hired and dispatched key personnel to sincerely provide support to address those issues."
MGame Chief Executive Yi Hyoung Kwon said in a statement the company "will provide constant and stable services for 'Yulgang' in China with a new partner sometime soon,"
CDC has been MGame's largest outside shareholder since March.
Shares of CDC fell 22 cents, or 3 percent, to $7.16 in midday trading.
CHINA ~~ Press Release Source: CDC Software
CDC Software Launches First Packaged Manufacturing Operations Management Solution for SAPTM
Wednesday October 24, 7:30 am ET
CDC Factory Now Certified as a SAP NetWeaver Composite Application for Manufacturing
HONG KONG & ATLANTA--(BUSINESS WIRE)--CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA - News) and a provider of industry-specific enterprise software applications and business services, announced today that CDC Factory, the first packaged manufacturing operations management (MOM) solution, has been certified by SAP as a NetWeaver Composite Application. CDC Factory, designed for the food and beverage and consumer packaged goods industries, will be demonstrated at the World Wide Food Expo, October. 24-27 in Chicago at Booth #4938.
CDC Factory is the industry’s first and only packaged manufacturing operations management system that leverages human capital in plant operations and standardizes the best practices of lean manufacturing, OEE, (Overall Equipment Effectiveness) and continuous improvement. With the certified integration, SAP customers can establish a real-time framework that unlocks hidden capacity on the factory floor by managing production scheduling in real time, pinpointing the causes of plant inefficiencies and providing immediate feedback on key operating metrics including rate, yield, utilization and per unit cost. The system focuses on unlocking the potential of human capital on the shop floor by providing pre-defined workflows for the environment of the workplace and a highly intuitive kiosk-style interface for real-time performance tracking. This enables factory floor operators to act on information in real time and make immediate decisions to adjust production schedules, improve OEE and reduce waste. This role-based design extends to middle and senior management where information is summarized to make the daily operations of all plants throughout the enterprise transparent. Since CDC Factory is a packaged solution specifically designed for process manufacturers in the food and beverage, pharmaceutical and consumer packaged goods industries, it is often installed and producing results in eight weeks or less.
According to a AMR Research report in July 2007, “While the CDC Factory may be the new kid on the block, it’s not just midsize manufacturers in the food and beverage, pharmaceutical, and CP industries that should take notice. Global manufacturers should take heed as well. AMR Research’s Manufacturing Peer Forum members say that unlocking the potential of plant operations personnel and letting them take ownership of the improvement process has been highly successful in operations excellence initiatives. We couldn’t agree more, having long been proponents of role-based, industry-specific templates for manufacturing-focused software applications. While this approach has been long embraced by MES and EAM best of breeds, ERP-based manufacturing software applications continue to deliver back-office user paradigms to the shop floor. This forces users rather than software to be adaptive. CDC Factory breaks this paradigm, offering users an easy-to-consume application that supports rather than hinders their productivity, while acting as a front end to virtually any back-end ERP.” Simon Jacobson, AMR Research Senior Research Analyst, “CDC Software Delivers Operations Excellence in Plain English”, July 2, 2007
In a recent Gartner report, “We propose that the primary focus in a modern manufacturing operations management solution should be on the people and processes rather than on the equipment…. Manufacturers wanting an integrated manufacturing operations management (MOM) solution [should] consider a people-based performance metrics solution as an early part of your investment. All manufacturers [should] look for vendors that can provide measurements, reports, and the ability to enter and analyze causes out of the box…. ” Andrew Hughes, Gartner Research Director, “Improving Production Effectiveness: Measure the Right Thing”, September 17, 2007
CDC Factory SAPConnect is a packaged composite application (PCA) that integrates CDC Factory with SAP’s ERP applications. In addition to the certified integration for SAP, CDC Factory is deployed and integrated with many of the industry’s leading ERP applications.
“With CDC Factory, we have set several new industry standards,” said Eric Musser, CEO and president of CDC Software. “This is the industry’s first and only out-of-the-box manufacturing operations management system and it has been repeatedly proven to deliver results in weeks rather than months or years. Now, with certified integration to SAP, we are making it even easier for SAP customers to take full advantage of these leading-edge capabilities in plant efficiency and management visibility. This certification also opens up a new channel for CDC Factory and we will be actively seeing additional consulting partners with deep industry expertise that parallels our own in food and beverage, life science and consumer packaged goods.”
About CDC Factory
CDC Factory is the first packaged manufacturing operations management system that transforms manufacturing performance by empowering people to make real-time actionable decisions. By standardizing the best practices of lean manufacturing, OEE (Overall Equipment Effectiveness) and continuous improvement, CDC Factory provides a real-time framework that integrates scheduling, operations, quality and maintenance. Specifically designed for food and beverage, pharmaceutical packaging and consumer packaged goods manufacturers, CDC Factory enables real-time decision making to support a demand-driven strategy at all levels in the organization, from factory floor operators to executive management. Leading manufacturers are using CDC Factory to reduce operating costs and waste, unlock hidden capacity, improve customer service and employee satisfaction, while minimizing risk by assuring regulatory compliance. For more information, visit: www.cdcfactory.com.
About CDC Software
CDC Software, The Customer-Driven Company™, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software’s product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI (warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA - News) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements relating to CDC Factory, reducing waste, reducing overhead costs, increasing overall equipment effectiveness, and increase the number of units produced per man-hour and other statements that are not historical fact, the achievement of which involve risks, uncertainties and assumptions. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the process manufacturing industry; the continued ability of CDC Factory solutions to address industry-specific requirements of companies in the process manufacturing industry; demand for and market acceptance of new and existing CDC Factory solutions; development of new functionalities which would allow process manufacturers to compete more effectively and changes in the type of information required to compete in the process manufacturing industry. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG worldwide. SEAL Consulting, Inc. and SEAL EDN are registered trademarks of SEAL Consulting, Inc. All other product and service names mentioned are the trademarks of their respective companies.
Contact:
CDC Corporation
Investor Relations
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
Articulate Communications Inc.
Media Relations
Kate Corcoran, 212-255-0080 ext. 18
kcorcoran@articulatepr.com
--------------------------------------------------------------------------------
Source: CDC Software
like the intent!
=================================
Press Release Source: CDC Software
CDC Software Responds to Growing Food Safety Requirements with Preview of TraceExpress at World Wide Food Expo
Tuesday October 23, 7:30 am ET
Enhanced Application in the Ross Enterprise Suite Helps Food Processors Address Global Food Safety Concerns
HONG KONG & ATLANTA--(BUSINESS WIRE)--CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA - News) and a provider of industry-specific enterprise software applications and business services, announced today it is previewing TraceExpress, an enhanced version of its Ross Enterprise Lot Trace application that features ease of use, faster access and immediate forward and backward trace to identify suspect materials and the disposition of finished goods in the event of a product recall. CDC Software will be demonstrating the new TraceExpress solution Oct. 24-27 at the World Wide Food Expo in Chicago at Booth #4938.
The Ross Enterprise suite of applications provides comprehensive record keeping and audit trails which are critical requirements for food processors, especially during times of heightened concerns about global food safety. TraceExpress provides easier access and one-step track and trace that offers a 360 degree view into a product lot’s activity and quality history. The system serves as the operational system-of-record, capable of recording all operations and operator activities, quality control measurements, inventory movements, recipe changes, output production yields and deviations from standard specifications by individual product and material lot.
As a critical component in the Ross Enterprise suite, TraceExpress helps food manufacturers meet the requirements for rapid and thorough traceability as outlined in numerous, global regulations such as the United States Food and Drug Administration’s Bioterrorism Act of 2002, the European Union’s Regulation (EC) No 178/2002, and others. In addition to new regulatory compliance thresholds, food processors as suppliers are also seeing increased demand for brand protection measures from their larger customers in retail and distribution, as well as the growing number of third party food safety audit firms. TraceExpress also helps food manufacturers address these growing demands and risks associated with mock product recalls.
With the enhanced system, food processors can use a graphical tree structure to instantly trace forward and backward to determine the disposition and related properties of any ingredient, intermediate or finished product at any point throughout the materials receiving, handling, manufacturing, inventory, sales and delivery processes. TraceExpress also enables rapid and thorough containment to minimize the scope of a potential recall should it be necessary. TraceExpress is scheduled for general availability in 2008.
“This latest version of our enterprise solution for food processors, with the enhanced TraceExpress capabilities, provides even faster forward and backward traceability and raises the bar for food safety and quality control,” said Eric Musser, CEO and president of CDC Software. “We have customers already that have benchmarked their end-to-end mock recalls under one hour. With the enhanced TraceExpress solution, we expect to see that benchmark lowered even further. This will not only help food processors further reduce the risks of an actual recall but also proactively provide the brand assurance that all participants in the supply chain, including consumers, are currently seeking as global concerns about food safety continue to rise.”
About Ross Enterprise for Food and Beverage
Ross Enterprise is CDC Software’s comprehensive suite of applications for food and beverage manufacturers. The suite of applications includes enterprise resource management (ERP), supply chain management (SCM), warehouse management, customer relationship management, real time performance management and business analytics. Together, these systems address the unique challenges in food and beverage including the need for detailed product costing and profitability analysis, management of pricing and promotions, optimized forecasting and scheduling, improved order fulfillment and customer service, inventory optimization with minimal spoilage, and compliance with food safety regulations and mock recalls. Ross Enterprise is used worldwide by more than 1,200 companies including Boar's Head, Kerry Ingredients, Cheesecake Factory, Pez Candies, Nellson Nutraceuticals, Hilmar Cheese, Michael Angelo’s and Litehouse Foods. For more information, visit www.rossinc.com.
About CDC Software
CDC Software, The Customer-Driven Company™, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software’s product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI (warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA - News) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements relating to Lot Trace, Ross Enterprise, reducing time for mock recalls, improved quality audits, meeting regulatory requirements, and other statements that are not historical fact, the achievement of which involve risks, uncertainties and assumptions. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the process manufacturing industry; the continued ability of Ross Enterprise solutions to address industry-specific requirements of companies in the process manufacturing industry; demand for and market acceptance of new and existing Ross Enterprise solutions; development of new functionalities which would allow process manufacturers to compete more effectively and changes in the type of information required to compete in the process manufacturing industry. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl, 678-259-8510
monishbahl@cdcsoftware.com
or
Media Relations
Articulate Communications Inc.
Kate Corcoran, 212-255-0080, ext. 18
kcorcoran@articulatepr.com
--------------------------------------------------------------------------------
Source: CDC Software
CDC Games Entering Japanese Game Market
Monday October 22, 10:04 am ET
CDC Games Entering Japanese Online Gaming Market With Closed Test of "Minna De Battle"
NEW YORK (AP) -- CDC Games, the online gaming unit of Hong Kong-based CDC Corp., said Monday it is entering the Japanese market with the start of a closed testing period of multiplayer online action game, "Minna de Battle."
CDC Games International said it intends to make five new games available to players in southeast Asia and Taiwan.
In September, CDC Games International began online gaming operations in the U.S.
CDC shares declined 4 cents to $7.24 in morning trading.
I'm not sure how to "value" it right now ie. lots
of things to ponder:
1. It was predicted to be the MONSTER GAME for them.
2. I have to believe they had planned addtl. spinoffs from it.
3. Yulgang to CDC is quite different from Yulgang to stand alone "gaming unit" ie. spinoff company.
4. size/contribution may be quite different vs. "profit/margin" generator ?
Based on yesterday's trading......the MARKET did not like
it ---- and, on a day when many China stocks were ON FIRE!
Their other games are just taking off but this one obviously is well established and major contributor to their gaming unit.. Hopefully, they will follow up soon with some positive news on spin offs etc.. These buggers are taking too long..
It's just one game. How big is Yulgang to CDC?
Business dealings in China must be one of the most corrupt places on earth to get a fair shake.
It will be tough to really measure until each unit is a stand-alone. But, I have been impressed on the c/calls w/ the female "voice" for the games unit (can't remember her name).
Guess I should give them credit for standing their ground and litigating the problems w/ Yulgang ----- still, disappointing though as we had some momentum going ~~~~ and, China stocks in general are still ON FIRE!!
Right.. I wonder what kind of management strength CDC has in different operating units..
This crap doesn't happen overnight --- a bit more open dialogue would have been appropriate (with shareholders).....this is the kind of stuff that solicits class action moves ~~~~ and, a LOT of wasted time by company on litigation versus the business!
----------------------------------------------------
UPDATE 1-CDC sues Yulgang game developer; shares fall
Wed Oct 17, 2007 1:30pm EDT
(Recasts, adds details)
Oct 17 (Reuters) - CDC Corp (CHINA.O: Quote, Profile, Research) said its unit, CDC Games, filed suit in Hong Kong against Mgame, the developer of online game Yulgang, for breach of contract.
Korean game developer Mgame had on Wednesday terminated its contract with CDC citing breach of contract for non-payment.
Shares of the Chinese software developer fell more than 7 percent to $7.50 in afternoon trade on the Nasdaq.
The lawsuit by CDC alleged that Mgame had not been providing adequate technical support for Yulgang leading to the game's increased exposure to piracy.
The contract had required Mgame to assist with the protection of the game from illegal intrusions by hacking, CDC said in a statement.
The company had earlier said Yulgang revenue dropped in July and August mainly due to unauthorized "pirate" servers offering the game.
CDC Games had launched operations in the United States last month under a new business unit called CDC Games USA. (Reporting by John Tilak and Chakradhar Adusumilli in Bangalore)
Just saw that.. No wonder the share price has been weak.. These guys are not delivering again.. Nasdaq and every other stock is strong.. :o(
CHINA ~~~ Press Release Source: CDC Games
CDC Games Sues Mgame for Breach of Contract
Wednesday October 17, 9:32 am ET
Lawsuit Alleges Developer of Yulgang is Failing to Provide Adequate Technical Support and Not Assisting With Fight Against Pirate Servers
BEIJING--(BUSINESS WIRE)--CDC Games, a business unit of CDC Corporation and pioneer of the "free-to-play, pay for merchandise" model for online games in China, today announced it has filed a lawsuit in the courts of Hong Kong, against Mgame, the developer of Yulgang. The lawsuit is for breach of contract and alleges that Mgame has not been providing adequate technical support for Yulgang, and Mgame has not been supporting CDC Games in their efforts to combat pirate servers.
The contract between CDC Games and Mgame requires that Mgame assist with the protection of the game from illegal intrusions by hacking and the companies should work together in the event of any hacking. The contract also calls for Mgame to use its best efforts to address identified technical bugs and security defects to ensure a quality game experience for online players. The management of CDC Games has been attempting to work in good faith with the management of Mgame, encouraging them to honor both of these critical obligations. Mgame has been unresponsive to these requests, which CDC Games believes has resulted in increased exposure to piracy of the game and has put the game player's experience at risk.
On October 17, 2007, Mgame unilaterally announced that they have terminated the contract with CDC Games because they believe CDC Games is in breach of contract for non-payment. The management of CDC Games strongly believes that these accusations and actions are baseless and hold the potential to harm the loyal players of Yulgang, one of the top-10 most popular online games in China, as well as damage the overall online game industry in China.
"We regret that our many attempts to work with Mgame constructively and in good faith have not been successful," said Xiaowei Chen, Ph.D., president of CDC Games. "We have even been working directly with the Chinese government and they too, have reached out to Mgame to encourage them to work with us constructively to settle this dispute and avoid any potential harm to the Yulgang players or overall games industry in China. Although we finally had no choice but to file the lawsuit, we still hope this dispute can be settled amicably."
Added Chen. "We have been very successful in our direct efforts to shut down pirate servers, and our spearheading of the formation of the Online Games Alliance Against Piracy (OGAAP) should help to expand our success to an industry-wide level. We simply cannot understand why Mgame has refused to assist in our direct efforts against games piracy and also refused to join the OGAAP initiative. We hope they will live up to their contractual obligations to protect Yulgang for the benefit of our loyal base of players, as well as lending their support and commitment to our industry-wide games protection efforts."
About CDC Games
CDC Games is one of the market leaders of online and mobile games in China with more than 100 million registered users. The company's hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for three consecutive years, in 2005, 2006 and 2007. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the possibility of resolving the dispute with Mgame, the success of any litigation against Mgame, the ability to shut down pirate servers, the success of OGAAP and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the uncertainty of litigation; (b) the continued popularity of Yulgang; (c) the future growth of the online games industry in the China market; (d) the challenge in combating pirate servers; and (e) the willingness of other online games companies, media companies and governmental authorities participate in OGAAP. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
CDC Software
Media Relations
Scot McLeod, 678-259-8625
scotmcleod@cdcsoftware.com
--------------------------------------------------------------------------------
Source: CDC Games
Litehouse Foods Measures Dramatic Results with CDC Software's Manufacturing Operations Management Solution
Tuesday October 16, 7:30 AM EDT
HONG KONG & ATLANTA, Oct 16, 2007 (BUSINESS WIRE) -- CDC Software, a wholly owned subsidiary of CDC Corporation (CHINA) and a provider of industry-specific enterprise software applications and business services, announced today Litehouse Foods, one of the leading U.S. salad dressing manufacturers, has achieved a 47 percent increase in production output and at the same time, reduced labor costs by more than 15 percent following implementation of the CDC Factory manufacturing operations management system at one of its plants.
CDC Factory will be demonstrated at the World Wide Food Expo 07, October 24-27, in Chicago, at Booth #4938.
Litehouse had embarked on a continuous improvement program based on lean manufacturing practices and set out to improve performance without compromising customer service or product quality. The company had already leveraged their Ross Enterprise Resource Planning (ERP) system, also from CDC Software, to improve efficiency, ensure consistent product quality and achieve industry-leading customer service levels. Still, the company lacked real-time visibility and feedback needed for operators and shop floor teams to make immediate adjustments in the quest for optimized operating performance. After participating in a 3-day proof-of-concept performance review using their own production data, Litehouse chose to implement CDC Factory because the system was demonstrated to be capable of meeting their performance objectives in just six months or less.
Since going live with CDC Factory in April 2007, Litehouse's Michigan facility has reported a 47 percent per shift increase in output on the main retail production line and reduced labor costs by 15.5 percent. These dramatic improvements allow the plant to manufacture product more efficiently, lower overall operating costs and improve allocation of shop floor personnel.
According to John Shaw, IT director of Litehouse Foods, the impact of this increased output is significant because it means Litehouse can now produce in four days what previously required five days. With capacity constraints relieved for the rapidly growing company, Litehouse can now accept more new business without the need for increased capital spending on new equipment.
"Capturing data is one thing, but actually bringing it into a format that someone can use to make better and faster decisions is completely different," said Shaw. "CDC Factory makes the data actionable and that is making a significant difference in our continuous improvement efforts. This is not just another IT system sitting in the corner and collecting data. And in addition to its minute-by-minute use on the plant floor, CDC Factory is also used by management to drive overall performance improvement at a strategic level. This is one of those high-value, high-ROI systems that comes along very rarely."
"CDC Factory is uniquely designed to empower the most important, and largely underutilized assets on the factory floor -- the people," said Eric Musser, president and CEO of CDC Software. "Through this unique design, our customers are measuring significant improvements in terms of higher productivity, reduced operating costs and waste, and ultimately, higher operating profits. Additionally, CDC Factory provides progressive manufacturers, such as Litehouse Foods, with complete visibility into the operations of their plants, and across their multi-plant networks."
About CDC Factory
CDC Factory is the first packaged manufacturing operations management system that transforms manufacturing performance by empowering people to make real-time actionable decisions. By standardizing the best practices of lean manufacturing, OEE (Overall Equipment Effectiveness) and continuous improvement, CDC Factory provides a real-time framework that integrates scheduling, operations, quality and maintenance. Specifically designed for food and beverage, pharmaceutical packaging and consumer packaged goods manufacturers, CDC Factory enables real-time decision making to support a demand-driven strategy at all levels in the organization, from factory floor operators to executive management. Leading manufacturers are using CDC Factory to reduce operating costs and waste, unlock hidden capacity, improve customer service and employee satisfaction, while minimizing risk by assuring regulatory compliance. For more information, visit: www.cdcfactory.com.
About CDC Software
CDC Software, The Customer-Driven Company(TM), is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software's product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI (warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (CHINA) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements relating to CDC Factory, reducing waste, reducing overhead costs, increasing overall equipment effectiveness, and increase the number of units produced per man-hour and other statements that are not historical fact, the achievement of which involve risks, uncertainties and assumptions. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the process manufacturing industry; the continued ability of CDC Factory solutions to address industry-specific requirements of companies in the process manufacturing industry; demand for and market acceptance of new and existing CDC Factory solutions; development of new functionalities which would allow process manufacturers to compete more effectively and changes in the type of information required to compete in the process manufacturing industry. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
SOURCE: CDC Software
CONTACT: CDC Corporation
Investor Relations Monish Bahl, 678-259-8510 monishbahl@cdcsoftware.com or Articulate Communications Inc. Media Relations Kate Corcoran, 212-255-0080, ext. 18 kcorcoran@articulatepr.com
Copyright Business Wire 2007
**********************************************************************
As of Friday, 10-12-2007 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated an UPTREND on 10-04-2007 for CHINA @ $8.22.
For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2007 Comtex News Network, Inc. All rights reserved.
CDC Games Receives Multiple Prestigious Awards for Its Popular Games in China
--------------------------------------------------------------------------------
BusinessWire
07:30 a.m. 10/15/2007
Eve Online, The Lord of the Rings, and Yulgang Recognized in the Online Games Industry in China
BEIJING, Oct 15, 2007 (BUSINESS WIRE) -- CDC Games, a business unit of CDC Corporation and pioneer of the "free-to-play, pay for merchandise" model for online games in China, today announced it has received multiple awards for its online games in China.
For the third straight year, CDC Games' hit title, Yulgang, the first free-to-play, pay-for-merchandise online games in China, won the Top 10 Most Popular Games Award at China Joy. Also winning this year's Golden Plume Award at China Joy are CDC Games' Eve Online and The Lord of the Rings Online(TM): Shadows of Angmar(TM) (LOTRO), each winning the Best 3D Games Award ( http://game.china.com/zh_cn/industry/news/11011446/ 20071012/14388763.html)(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field). These two awards for the best 3D games, presented to CDC Games were among only five total awards in this important category.
Jointly sponsored by China's GAPP (General Administration of Press and Publication) Ministry of Science of Technology, General Administration of Sport, the Information Office of the State Council, China Council for the Promotion of International Trade (CCPIT), the National Copyright Bureau and the Shanghai Municipal Government, China Joy is one of the most influential and prestigious games events in China and in the world. Voted by game players, the awards represent the highest achievements received by leading game companies. Award candidates were listed on ChinaJoy's official website ( www.chinajoy.net/07award.php ) and players selected their favorite games through mobile voting.
Eve Online is a massively multiplayer online role-playing game (MMORPG) set in a science fiction outer space setting in which players pilot a wide array of customizable ships in a sometimes hostile galaxy. The Lord of the Rings Online(TM): Shadows of Angmar(TM), which has already seen considerable success in North America and Europe, is the official online MMORPG subscription game based on the Books of J.R.R. Tolkien. CDC Games holds the exclusive distribution rights in China for LOTRO, which is planned for commercial launch in the first quarter of 2008.
Along with Yulgang and Eve Online, CDC Games also offers the following commercially available games in China: Special Force, SHAIYA, Shine Online, and Mir III. In addition to LOTRO, other games planned for launch in China include: Dragonsky, Stone Age 2, ChaosGem, Come on Baby, Gemfighter and Red Blood. Through its CDC Games International subsidiary, the company also has sub-license agreements to publish five new games through leading online games providers in Southeast Asia and Taiwan.
In addition to its strong pipeline, CDC Games, has made recent moves to help the online games industry continue its vibrant growth. As previously announced, CDC Games formed the Online Games Alliance Against Piracy (OGAAP) to lead a cross industry and government campaign to combat piracy. Since its founding, OGAAP has received strong endorsement and support from Chinese governmental agencies regulating the online gaming industry, as well as enthusiastic interest and participation of gaming and entertainment companies worldwide. The organization is now in discussions with a number of international organizations, including U.S. organizations, on how to best protect intellectual property rights for the online gaming and digital entertainment industries.
"It is in the interest of consumers, companies as well as the government to maintain healthy and sustainable growth for the online gaming industry," said Xiaowei Chen, Ph.D., president of CDC Games. "That's why it's so important to have an organization like OGAAP to pull these constituents together in the fight against piracy. At CDC Games, we're very proud of what we have achieved, demonstrated by the Golden Plume Awards, and we will continue to do everything we can to protect the interest of our players and healthy growth of our games."
About CDC Games
CDC Games is one of the market leaders of online and mobile games in China with more than 100 million registered users. The company's hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for three consecutive years, in 2005, 2006 and 2007. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. CDC Games Studio recent investments include Gorilla Banana and Mgame, the developer of Yulgang, in Korea, and Auran, the developer of "Fury", which received the "Most Surprising" award at the 2006 E3, in Australia. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net .
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (CHINA), please visit www.cdccorporation.net .
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the popularity of its online games, their recognition in the industry, the of launch additional titles during the next six months (including Lord of the Rings Online(TM): Shadows of Angmar(TM), Stone Age 2, ChaosGem, Come on Baby, Gemfighter, and Red Blood and others),, and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the ability to realize strategic objectives by taking advantage of market opportunities in targeted geographic markets; (b) the ability to develop and market successfully MMORPG games; (c) the future growth of the online games industry in the China market; (d) the possibility of development delays; (e) the development of competing products and technology; and (f) the entry of new competitors and their technological advances. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
CDC Corporation Investor Relations Monish Bahl, 678-259-8510 mbahl@cdcsoftware.com or CDC Software Media Relations Scot McLeod, 678-259-8625 scotmcleod@cdcsoftware.com
Copyright Business Wire 2007 ********************************************************************** As of Thursday, 10-11-2007 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated an UPTREND on 10-04-2007 for CHINA @ $8.22. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright 2004-2007 Comtex News Network, Inc. All rights reserved.
Very nice. Starting to feel smart about my last purchase. For now anyway......... lol!
CDC Games to Run "Dragonsky" in China
Thursday October 11, 10:22 am ET
CDC Games Gets Exclusive China Distribution Rights for New Online Game "Dragonsky"
NEW YORK (AP) -- CDC Games, which is the online gaming unit of Hong Kong-based CDC Corp., said Thursday it obtained exclusive distribution rights in China for a new massive multiplayer online role-playing game called "Dragonsky."
The rights are part of an expanded business agreement with Korean toy, game and entertainment company Sonokong Co. Ltd.
CDC Games, which said its OPTIC unit will run the game, also said Sonokong will keep providing content updates for the game "Shaiya Online," which OPTIC operates in China. Sonokong also worked with OPTIC to bring the game to Taiwan via a sublicensing agreement with PC game distributor MacroWell Technology Co. Ltd.
CDC shares rose 30 cents, or 3.6 percent, to $8.66 in morning trading.
WOW ~~~ just looked.....CHINA is 'on fire' in pre-market trading!!
Yahoo!!!!!
One of the few Chinese or software companies that is not at yearly or multi year high so eventually I hope it gets noticed again.. Good premarket volume today anyways..
CHINA is getting HOT!!!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Press Release Source: CDC Games
CDC Games and Sonokong Expand Their Successful China Partnership to Include New Online Game
Thursday October 11, 7:30 am ET
BEIJING--(BUSINESS WIRE)--CDC Games, a business unit of CDC Corporation and pioneer of the "free-to-play, pay for merchandise" model for online games in China, today announced the signing of an agreement to expand their business partnership with Sonokong, a leading Korean toy and game, entertainment company. The expanded partnership includes the licensing, in China, of a new game called Dragonsky, as well as Sonokong's commitment to continued support of content updates for Shaiya Online, which was ranked as one of the top 10 most anticipated games in China in 2006. The agreement also partners CDC Games and Sonokong to distribute Shaiya in Taiwan through MacroWell, a local publisher.
Through the agreement, CDC Games has secured exclusive distribution rights in China for a new online game called Dragonsky. The game, under development now by Sonov, a leading studio in Korea which draws on the support of Sonokong, is anticipated for commercial launch by CDC Games in Q2 of 2008. Dragonsky is an MMORPG (massive multiplayer online role-playing game) based on a Chinese martial arts theme set in medieval times. The game will be operated by the OPTIC division of CDC Games.
Dragonsky represents the latest addition to the growing pipeline of planned games for CDC Games. Other games already in the pipeline for China include: The Lord of the Rings Online(TM): Shadows of Angmar(TM), Stone Age 2, ChaosGem, Come on Baby, Gemfighter and Red Blood.
Currently, the OPTIC division of CDC Games operates Shaiya Online, another game developed by Sonokong. Launched by OPTIC in China in December 2006, Shaiya, is a fantasy-themed MMORPG and currently has over 13 million registered users. Through the expanded partnership agreement, Sonokong is committed to providing continued support and content updates for Shaiya Online in China and has partnered with OPTIC to expand the distribution of the game into Taiwan through a sublicensing agreement with a local publishing partner, MacroWell Technology Co., Ltd.
As previously announced on September 13, 2007, Sonokong is also participating as a charter member of OGAAP (the Online Games Alliance Against Piracy). The alliance, founded by CDC Games and other leading game developers, intends to establish a platform for industry participants and stakeholders to exchange ideas and share experiences; conduct market and technology research; propose industry-wide policies and practices; and lobby relevant government bodies and lawmakers to enact anti-piracy legislation. The alliance will also actively promote public awareness of copyrighted online game usage, educate online game players about copyrighted content and vigorously pursue the continued shutdown of pirated online games as well as the arrest and conviction of their operators.
"We are very happy to expand our already productive and successful partnership with CDC Games," said Dr. Choi Shinkyu, chairman of Sonokong. "Working with CDC Games, we have established a trusted relationship based on mutual benefit. Our expertise in entertainment and games design and development, and the expertise of CDC Games in marketing, distribution and operations are highly complementary and we look forward to a continued productive relationship. Additionally, we are proud to participate in the OGAAP initiative alongside CDC Games and the other founding members to actively fight and prevent piracy in our industry."
"We believe that our past success together with Sonokong is a good indicator of our future success," said Fred Wang, chairman of CDC Games. "New game launches are critical to our continued growth and we believe that Dragonsky is an important new addition to our future pipeline. We are also very happy to have such a prestigious global market leader such as Sonokong join us in the battle against the piracy of online games. Along with the other founding members and sponsorship of the China Government, we will continue to ensure the vibrant growth of our industry in China through active programs including the arrest and prison conviction of pirate server operators.
"Based on the current popularity of Shaiya Online in Korea and China, we expect to achieve similar results in Taiwan," said Calvin Lin, chief executive officer of MacroWell. "We are very pleased to initiate our distribution partnership with Sonokong and CDC Games in Taiwan and look forward to achieving great success together now and in the future."
About Sonokong
Sonokong Co, Ltd. is a leading Korean toy, game and entertainment company. The company is one of the largest toy makers in the world. Sonokong is also a publisher of some of the world's most popular Anime. Sonokong specializes in new-product innovation and development, powered by long-term research focused on leveraging technologies that can be applied extensively for toys and games. Established in 1974, the company's corporate headquarters is located in Sugung-dong Guro-gu Seoul, Korea.
About MacroWell
MacroWell was founded in 1999 as a PC game distributor. With CEO Mr. Calvin Lin's strong enthusiasm for the game industry and an aggressive marketing strategy, MacroWell established OMG entertainment portal (http://www.omg.com.tw) in mid 2006 and soon became the 3rd largest online game company in Taiwan. Currently OMG has more than 1.5 million active users and plans to be listed on Taisdaq in 2009. http://www.macrowell.com.tw/com.html#.
About CDC Games
CDC Games is one of the market leaders of online and mobile games in China with over 100 million registered users. The company's hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for two consecutive years, in 2005 and 2006. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. CDC Games Studio recent investments include Gorilla Banana and Mgame, the developer of Yulgang, in Korea, and Auran, the developer of "Fury", which received the "Most Surprising" award at the 2006 E3, in Australia. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the ability of CDC Games to successfully launch Dragonsky in China, to facilitate MacroWell's launch of Shaiya Online in Taiwan, successfully shut down pirate services and prosecute their operators, launch additional titles during the next six months (including Lord of the Rings Online(TM): Shadows of Angmar(TM), Stone Age 2, ChaosGem, Come on Baby, Gemfighter, and Red Blood), , and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the ability to realize strategic objectives by taking advantage of market opportunities in targeted geographic markets; (b) the ability to develop and market successfully MMORPG games; (c) the future growth of the online games industry in the China market; (d) the possibility of development delays; (e) the development of competing products and technology; and (f) the entry of new competitors and their technological advances. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations:
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
CDC Software
Media Relations:
Scot McLeod, 678-259-8625
scotmcleod@cdcsoftware.com
--------------------------------------------------------------------------------
Source: CDC Games
Recent News
Tue 9:18am CHINA CDC Corporation Ranked Number 5 Among the 50 Fastest Growing Technology Companies in Georgia - Business Wire
Sector Glance: Chinese Web Gaming Mixed
Thursday October 4, 4:09 pm ET
Chinese Online Gaming Companies Trade Mixed; The9, CDC Gain With Positive Game Metrics
NEW YORK (AP) -- Shares of Chinese online gaming companies traded mixed Thursday, with The9 Ltd. and CDC Corp. rising after releasing some positive game metrics.
On Thursday, The9 and Blizzard Entertainment said that Blizzard's game "World of Warcraft" hit a record of 800,000 simultaneous users.
The9, which operates "World of Warcraft" in China, said the record occurred after its Sept. 6 launch of "The Burning Crusade," a game expansion pack that adds gameplaying features.
Also Thursday, shares of Chinese online gaming, software and Internet service company CDC Corp. said that average daily revenue for its "Yulgang" and "Special Force" games increased dramatically in September.
CDC Games said average daily revenue for "Yulgang" grew more than 20 percent during the month, compared with July and August, and average daily revenue for "Special Force" increased 52.3 percent from August to September.
Here's how the key Chinese online gaming companies fared in trading Thursday:
The9 Ltd. American Depositary shares, up $3.07, or 10.3 percent, to $32.97
CDC Corp., up 63 cents, or 8.4 percent, to $8.14
Netease.com Inc. ADS, up 23 cents to $16.79
Perfect World Co. ADS, down 22 cents to $27.08
Shanda Interactive Entertainment Ltd. ADS, down 44 cents to $35.91
BINGO!!
================
CDC Games Says Some Game Revenue Rises
Thursday October 4, 10:09 am ET
CDC Games Says Average Daily Revenue for "Yulgang" and "Special Force" Games Up in September
NEW YORK (AP) -- Chinese software, online gaming and Internet service company CDC Corp.'s online gaming unit, CDC Games, said Thursday that average daily revenue for its "Yulgang" and "Special Force" games rose sharply in September.
CDC Shares rose 68 cents, or 9.1 percent, to $8.19 in morning trading.
CDC Games said "Yulgang" had average daily revenue growth of more than 20 percent during September, compared with July and August.
The company attributed the game's revenue growth in part to the release of an upgrade to the game in late August, Yulgang v180, which has new weapons and maps and a revised clan feature meant to benefit the company's average revenue per user. CDC Games also cited the shutting down of unauthorized servers that offered "Yulgang" and which caused the game's revenue to drop in July and August.
CDC Games said average daily revenue for its first-person-shooter online game "Special Force," which it launched in June, rose 52.3 percent from August to September. From August to September, peak concurrent users of "Special Force" rose about 13.3 percent.
The game now has more than 6 million registered users, CDC Games said.
The company intends to launch five or six new games in the next six months, such as "The Lord of the Rings Online: Shadows of Angmar."
CDC Games added that the open beta test of "Battle of Shadows" in the United States has been delayed. It is anticipated to start soon and launch in the fourth quarter of the year. "Battle of Shadows" is the company's first stateside online game.
CDC Games anticipates solid sequential growth in its fourth quarter.
Press Release Source: CDC Corporation
CDC Games Provides Update on Key Performance Metrics
Thursday October 4, 8:07 am ET
Launch of Yulgang v180 and Successful Shutdown of Pirate Servers Having Positive Impact on Results
BEIJING--(BUSINESS WIRE)--CDC Games, a business unit of CDC Corporation and pioneer of the "free-to-play, pay for merchandise" model for online games in China, today announced key performance metrics for certain of its commercially available games in China.
Yulgang, one of China's most popular online games, now in its third year of commercial availability, posted average daily revenue growth of more than 20 percent in September 2007 compared to both July and August 2007. As noted previously in the CDC earnings announcement on September 6, 2007, the company saw a drop in Yulgang revenues in July and August primarily due to unauthorized "pirate" servers offering Yulgang, as well as the need to update the current version of the game. As a result of the direct efforts of CDC Games, in conjunction with the support of the Chinese government authorities, law enforcement agencies, as well as Internet operators, CDC Games believes that two-thirds of the pirate servers were successfully shut down in August and September. Additionally, on August 28, 2007, CDC Games launched Yulgang v180, a comprehensive upgrade that includes new maps and weapons, as well as an updated clan feature that enhances the virtual community aspects of Yulgang to improve ARPU (average revenue per user). The company attributes the growth in Yulgang revenues in September to the combination of shutting down pirate servers and the launch of Yulgang v180. Although revenues have not fully returned to pre-July levels, CDC Games continues to avidly pursue the shutdown of pirate servers and will continue to provide ongoing, compelling game enhancements.
Special Force, the first-to-market, first-person-shooter online game launched by CDC Games in China on June 20, 2007, now exceeds 6 million registered users. Average daily revenue for Special Force was up sequentially 23.4 percent from July to August and 52.3 percent from August to September. Peak concurrent Users (PCU) was up approximately 13.3 percent from August to September and average play time for Special Force users is now approximately 79 minutes. During the last five days ended October 3, 2007, Special Force posted record revenues, unique visitors, average concurrent users, and peak concurrent users.
Since the acquisition of the OPTIC games division from CITIC Pacific on July 12, 2007, their primary game, Shaiya Online, has performed well with average daily revenue in September up 15 percent compared to July. Shine Online, a new cartoon fantasy, 3D massive multiplayer online role-playing game (MMORPG) launched by OPTIC on September 24, 2007, already has 765,000 registered users in its first 10 days of commercial availability.
Management of CDC Games continues to believe new game launches are critical for sustainable success. As such, five to six new games are planned for commercial launch during the next six months, including The Lord of the Rings Online(TM): Shadows of Angmar(TM), which has already seen considerable success in North America and Europe. In addition, CDC Games USA is now up and running and building a pipeline of games targeted toward the U.S. market. The planned start of the open beta testing of Battle of Shadows in the United States, originally announced on September 26, 2007, has been postponed to ensure that everything is ready for effective testing of the company's first online game in the United States. The open beta testing is expected to begin soon with the commercial launch expected during the fourth quarter of 2007.
"In July and August, we saw the slowdown in Yulgang, and we have quickly taken effective steps to address the pirate server issues and refresh the game with an exciting upgrade," said Xiaowei Chen, Ph.D., president of CDC Games. "We will continue to shut down pirate servers, and although recovery will take time, the trend is already encouraging. Compared to Q3, Yulgang showed strong signs of recovery during the first few days of the 'Golden Week' National Holiday. From the trend in the numbers we are seeing at the end of September and beginning of October, for both the established games such as Yulgang and Shaiya, as well as the newer games such as Special Force and Shine Online, we expect to see strong sequential growth in Q4 2007."
About CDC Games
CDC Games is one of the market leaders of online and mobile games in China with over 100 million registered users. The company's hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for two consecutive years, in 2005 and 2006. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. CDC Games Studio recent investments include Gorilla Banana and Mgame, the developer of Yulgang, in Korea, and Auran, the developer of "Fury," which received the "Most Surprising" award at the 2006 E3, in Australia. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the ability of CDC Games to increase revenues for Yulgang, successfully shut down pirate services, improve ARPU for Yulgang, increase revenues for Special Force, Shaiya Online and Shine Online, successfully market Shine Online, launch additional titles during the next six months (including Lord of the Rings Online), start open beta testing of Battle of Shadows in the United States, increase revenue performance during Q4 2007, and other statements that are not historical, the achievement of which involve risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including the following: (a) the ability to realize strategic objectives by taking advantage of market opportunities in targeted geographic markets; (b) the ability to develop and market successfully first person shooter games; (c) the future growth of the online games industry in the China market; (d) the possibility of development delays; (e) the development of competing products and technology; and (f) the entry of new competitors and their technological advances. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl
678-259-8510
mbahl@cdcsoftware.com
or
CDC Software
Media Relations
Scot McLeod
678-259-8625
scotmcleod@cdcsoftware.com
--------------------------------------------------------------------------------
Source: CDC Corporation
8:08AM CDC Corp provides update on key performance metrics (CHINA) 7.50 : Co announces key performance metrics for certain of its commercially available games in China. Yulgang posted average daily revenue growth of more than 20% in September 2007 compared to both July and August 2007... Special Force now exceeds 6 mln registered users. Average daily revenue for Special Force was up sequentially 23.4% from July to August and 52.3% from August to September.
CHINA ~~ Press Release Source: CDC Software
Leading Manufacturer of Nutritional Supplements Accelerates Growth and Improves Internal Controls with CDC Software's Ross Enterprise
Wednesday October 3, 7:30 am ET
Ross Enterprise Helps Wellington Foods Add Customers and Earn Organic Certification
HONG KONG & ATLANTA--(BUSINESS WIRE)--CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA - News) and a provider of industry-specific enterprise software applications and business services, announced today that Wellington Foods has improved internal controls and accuracy, added three major national accounts, and earned its organic certification with the help of CDC Software's Ross Enterprise suite of enterprise resource planning (ERP) applications.
Wellington Foods, a custom contract formulator, manufacturer and packager of nutritional supplements in both liquid and powdered forms, chose Ross ERP for its integrated manufacturing and accounting applications, as well as its industry-specific functionality that addresses the requirements of food and beverage processors.
Using Ross ERP, Wellington Foods now reports more accurate inventory control and more efficient bi-directional traceability, which is a key enabler of its ability to offer brand assurance to its customers. Wellington also reports improved business processes since the implementation of industry best practices. As a result, it has added three major national accounts and a number of strong regional customers as well.
After going live with Ross ERP, Wellington also earned its organic certification through Quality Assurance International (QAI). Ross ERP's capabilities for digitally identifying organic and non-organic products, as well as the system's lot traceability functionality, allowed Wellington to prove that it can consistently and accurately trace and segregate products.
"Ross ERP has made a significant difference in our business operations," said Tony Harnack, II, president, Wellington Foods. "The system allowed us to take a connected but disparate group of activities and build structure around them. Also, one individual can now trace every lot we produce forward and backward within just three or four minutes. When you're competing for the business of large, national customers, you can't put a price on that capability and the assurance that we can convey to our customers."
"Ross Enterprise's solutions are specifically designed to address the needs of food and beverage manufacturers such as Wellington Foods," said Beth Berndt, director Product Management, Industry Solutions, CDC Software. "With unparalleled expertise in food processing, we are able to meet Wellington Food's specific needs, such as earning its organic certification and improving traceability, to grow their business and become a market leader."
About Wellington Foods
Established in 1974, privately held Wellington Foods Inc. is a custom contract formulator, manufacturer and packager of nutritional supplements in both liquid and powdered forms. Wellington's customers are branded distributors in the nutritional supplement industry, many of whom lack their own manufacturing capabilities and benefit from the expertise of a quality contract manufacturer. Value-added services provided by the Long Beach, Calif. - based company can include everything from R&D (research and development) to help customers turn formulas or raw concepts into products -- all the way to securing raw materials; blending; packing; labeling; casing; and, in some cases, shipping the product directly to retailers' distribution centers. Wellington-manufactured products end up on the shelves of some of the nation's largest retailers, including Wal-Mart, Costco, Target, Kroger, Whole Foods and GNC.
About Ross Enterprise for Food and Beverage
Ross Enterprise is CDC Software's comprehensive suite of applications for food and beverage manufacturers. The suite of applications includes enterprise resource management (ERP), supply chain management (SCM), warehouse management, customer relationship management, real time performance management and business analytics. Together, these systems address the unique challenges in food and beverage including the need for detailed product costing and profitability analysis, management of pricing and promotions, optimized forecasting and scheduling, improved order fulfillment and customer service, inventory optimization with minimal spoilage, and compliance with food safety regulations and mock recalls. Ross Enterprise is used worldwide by more than 1,200 companies including Boar's Head, Kerry Ingredients, Cheesecake Factory, Pez Candies, Nellson Nutraceuticals, Hilmar Cheese, Michael Angelo's and Litehouse Foods. For more information, visit www.rossinc.com.
About CDC Software
CDC Software, The Customer-Driven Company(TM), is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software's product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), IMI warehouse management and order management, Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA - News) and is ranked number 12 on the Manufacturing Business Technology 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, and includes statements relating to the ability of Ross Enterprise to address the needs of food and beverage customers. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of the food and beverage industry; the continued ability of Ross' solutions to address industry-specific requirements of companies in the food and beverage industry; demand for and market acceptance of new and existing enterprise software and services; development of new functionalities which would allow food and beverage companies to compete more effectively and changes in the type of information required to compete in the food and beverage industry. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
Media Relations
Articulate Communications Inc.
Jen Buchhalter, 617-451-7788, ext. 16
jbuchhalter@articulatepr.com
--------------------------------------------------------------------------------
Source: CDC Software
nice to see this! <CHINA>
October 4, 2007, 8:53 am
Premarket: All China, All the Time
Posted by David Gaffen
The most actively traded stock in premarket activity was LDK Solar, a China-based company that fell 24% yesterday after its controller alleged inconsistencies in LDK’s inventory reporting. The stock was down an additional 2.7% today in premarket action after the controller, Charley Situ, was fired.
Other China-based shares were once again hopping around in premarket action, with China Natural Resources rebounding from yesterday’s decline with a 10.8% gain; China Sunergy rose 4.4%, and e-Future Information Technology, which rose 2.8% in premarket action. CDC Mobile gained 9% in premarket action.
Shares of NutriSystem were slumping prior to the open, after the fitness products and services company lowered its third-quarter earnings forecast to a range of 62 to 66 cents a share, compared with earlier forecasts for earnings of 77 to 82 cents a share. The stock lost 24% to $36.32 in the premarket session.
Permalink | Trackback URL: http://blogs.wsj.com/marketbeat/2007/10/04/premarket-all-china-all-the-time/trackback/
Watching all day ------ very nice !!!!
:)
Finally showing some signs of life.. Big volume and good price gain.. Perhaps, spin off is getting closer..
LOL! Now if Hartcourts previous management teams had listened to me......... :~)
CHINA ~~~ cluck--cluck !!
Press Release Source: CDC Corporation
CDC Mobile Selected by World's Most Popular Chicken Restaurant Chain as Its Wireless Service Provider in China
Monday October 1, 7:30 am ET
CDC Mobile to Provide KFC with SMS Platform for Product Promotions
BEIJING--(BUSINESS WIRE)--CDC Mobile, a leading provider of mobile value-added services ("MVAS") in China and a business unit of CDC Corporation (NASDAQ: CHINA - News), announced today it has been selected by KFC China, a division of Yum! Brands, Inc. (NYSE: YUM - News), one of the world's largest restaurant chains, to provide wireless promotional services.
Under the agreement, CDC Mobile will host and maintain a SMS (Short Message Service) platform for KFC enabling the company to promote its new products in China. With this platform, KFC can proactively inform mobile subscribers of company information, such as new products and promotional programs. Mobile subscribers also can send text messages (SMS) to participate in a variety of KFC programs that include promotions, e-coupons and prizes.
With more than 1,800 KFC restaurants in over 400 cities in mainland China, KFC is the number one quick-service restaurant brand in China. After an extensive selection process, KFC chose CDC Mobile to help expand promotional services and reach out to millions of mobile subscribers that could further strengthen its dominant China brand. According to statistics from China's Ministry of Information Industry (MII), mobile subscribers in China exceeded 500 million and the mobile penetration rate had reached 38.3 percent by the end of June 30, 2007.
"We are very proud to be selected by KFC as its wireless promotional service provider," said Xiaowei Chen, Ph.D., president of China Mobile. "Since CDC Mobile is focused on providing consumer-based and enterprise-based mobile services in China, we are confident that our mobile expertise and customer focus will provide KFC and its target customers with a successful and productive mobile experience. This is also a win-win partnership that helps both companies expand their customer bases. For instance, our large base of mobile subscribers will contribute to KFC's growing popularity, and in turn, KFC's increasing customer base will be introduced to our mobile services."
About CDC Mobile
CDC Mobile, a business unit of CDC Corporation, is focused on providing consumer-based and enterprise-based mobile applications services in China. These include SMS (Short Message Services), IVR (Interactive Voice Response), MMS (Multimedia Message Service) and WAP (Wireless Application Protocol) applications and services. Through its companies in China, it has direct connectivity with local mobile operators in 29 provinces. In January 2007, CDC Mobile launched a (U.S.) $100 million investment program targeting strategic investments in leading 3G content providers in North Asia and Europe that can be leveraged to gain first-mover advantage in the anticipated 3G marketplace in China.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA - News), please visit www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements relating to the partnership between CDC Mobile and KFC China, the success of the SMS platform developed for KFC and the use of the system by KFC customers. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, including the following: the ability of CDC Mobile to successfully build, host and maintain KFC's SMS platform; and the level of use by mobile subscribers to send text messages (SMS) for participation in a variety of KFC programs. Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward-looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
Contact:
CDC Corporation
Investor Relations:
Monish Bahl, 678-259-8510
mbahl@cdcsoftware.com
or
CDC Software
Media Relations:
Scot McLeod, 678-259-8625
scotmcleod@cdcsoftware.com
--------------------------------------------------------------------------------
Source: CDC Corporation
Press Release Source: SmallCap Sentinel; China Media Group Corp.
SmallCap Sentinel: China Media Industry Profile and Interview Made Available
Thursday September 27, 6:00 am ET
IRVINE, Calif., Sept. 27, 2007 (PRIME NEWSWIRE) -- A report and profile featuring emerging companies within the China Media industry has been released by financial courier Small Cap Voice and is now available online to the investing public.
The report will feature detailed information regarding China Media Group Corp. (OTC BB:CHMD.OB - News) and address information important to this industry and investors of companies including China Precision Steel (NasdaqCM:CPSL - News), China 3C Group (OTC BB:CHCG.OB - News), and CDC Corporation CL-A (NasdaqGM:CHINA - News).
To view the report in its entirety, please visit:
http://www.SmallCapVoice.com
An audio interview with China Media Group Corp. CEO, Con Unerkov, is also available at:
http://www.smallcapvoice.com/chmd/chmd-9-24-07.php.
``We're pleased to bring this information to small cap investors everywhere,'' stated Stuart Smith, CEO of SmallCap Voice. ``I think it's must-see information on China Media Group Corp. (OTC BB:CHMD.OB - News) and really, to any investor in this industry.''
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Source: SmallCap Sentinel; China Media Group Corp.
nice little lift today (so far) ---- nice timing
on your recent additions!!!
CHINA +0.36 +5.09% 1,965,767 7.43 CDC CORPORATION CL-A
LOL.. sounds good.. I registered and immediately felt old..
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