CDC Software Acquires Stake in Overseas ERP Vendor

4/1/2008

CDC Software, a wholly owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, acquires a 51 percent stake in Integrated Solutions Limited (ISL), a Hong Kong-based vendor of ERP systems designed for small and medium-sized discrete manufacturers in China. ISL joins CDC Software's Franchise Partner Program that includes franchise partners located in India, Argentina, Spain and Mexico. Under this program, CDC Software establishes strategic relationships with partners in selected geographies through majority control, as well as minority investments. ISL provides complete ERP solutions designed to address the needs of small and medium-sized discrete manufacturers in the electronics, toy, watch and furniture industries in China. With company headquarters in Hong Kong, ISL has been selling and deploying these solutions throughout southern China. CDC Software plans to help ISL expand beyond its current focus to other parts of China, the Middle East, Southeast Asia, India and other countries.

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