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eFuture And JDA Software Announce Partnership to Penetrate the China Retail and Supply Chain Market


BEIJING, June 16 /PRNewswire-Asia/ -- eFuture Information Technology Inc. (Nasdaq: EFUT, "eFuture"), a leading provider of software and services in China's retail and consumer goods industries, and JDA Software Group, Inc. (Nasdaq: JDAS, "JDA"), the world's leading supply chain solutions provider, today announced a strategic relationship focused on collaborative growth. The alliance will fuel delivery of the companies' combined solution, which is designed to help retail and consumer goods companies in China optimize their operations and improve profitability.

eFuture and JDA will offer a joint "global solution, local service" business model in China driven by various initiatives to closely collaborate on market development and client resource-sharing activities. The expected benefits of their joint efforts are two-fold; to enable eFuture and JDA to increase their penetration of tier-one companies in China's consumer goods and retail industry, including global brands with presence in China and local "TOP 100" enterprises, while also accelerating cross-selling opportunities within the growing grocery store market. The combined offering will center on eFuture's localized support and services of JDA's world-class solutions and industry best practices proven to help retail and consumer goods companies improve their competitive position, reduce costs and more efficiently respond to consumer demand.

"The time is right for JDA to accelerate efforts in developing the Chinese supply chain software market, which continues to demonstrate strong growth potential projected at 22.5 percent in 2009 and 19.2 percent in 2010, according to Gartner research (1)," said Stephen McNulty, JDA regional vice president, Asia Pacific. "With more than 5,800 customers in 60 countries, JDA is recognized around the globe for our extensive domain expertise and merchandising and supply chain management solution capabilities. We are excited to combine our strengths with eFuture's local market knowledge and resources to deepen our penetration and deliver added value to the China market."

Adam Yan, chairman and CEO of eFuture, said, "We are very pleased to announce this strategic relationship, which combines JDA's proven solutions with eFuture's trusted and reliable localized services and support. To maximize its potential and strengthen our position as the partner of choice for leading global technology companies, we have established an integrated marketing team and a dedicated localization support and services team. By leveraging our combined strengths, I am confident that our partnership with JDA will enable us to offer the best solutions and services for China's consumer goods and retail industry."

(1) Gartner, Inc., "Forecast: Retail IT Spending, Worldwide, 2006-2012, 1Q09 Update" 5 March 2009.

About JDA(R) Software Group, Inc.

JDA(R) Software Group, Inc. (NASDAQ: JDAS) is the world's leading supply chain solutions provider, helping companies optimize operations and improve profitability. JDA drives business efficiency for its global customer base of more than 5,800 retailers, manufacturers, wholesaler-distributors and services industries companies through deep domain expertise and innovative solutions. JDA's combination of unmatched services, together with its integrated yet modular solutions for merchandising, supply chain planning and execution and revenue management, leverage the strong heritage and knowledge capital of market leaders including Manugistics, E3, Intactix and Arthur. When supply chain results matter, companies turn to JDA. For more information about JDA, visit http://www.jda.com or contact us at info@jda.com or call +1 800 479 7382 / +1 480 308 3000.

About eFuture Information Technology Inc.

eFuture Information Technology Inc. (NASDAQ: EFUT) is a leading provider of software and services in China's rapidly growing retail and consumer goods industries. eFuture provides integrated software and services to manufacturers, distributors, wholesalers, logistics companies and retailers in China's front-end supply chain(from factory to consumer) market, especially in the retail and fast moving consumer goods industries. eFuture currently serves over 15 Fortune 500 companies, over 1,000 retailers and over 5,000 suppliers operating in China. eFuture is one of IBM's premier business partners in Asia Pacific and is a strategic partner with Oracle, Microsoft, JDA, Motorola and Samsung Network China. eFuture has more than 600 employees and 20 branch offices across China. For more information about eFuture, please visit http://www.e-future.com.cn/ .

Safe Harbor

This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as "will," "ensure," "help," "enable" and "expect" and other words with forward-looking connotations. In this press release, such forward-looking statements include, without limitation, comments regarding the expected benefits from the joint efforts in the Chinese market. The occurrence of future events may involve a number of risks and uncertainties, including, but not limited to, an increase in customer penetration and cross-selling opportunities may not materialize. Additional information relating to the uncertainty affecting JDA's business and eFuture's business is contained in our respective filings with the SEC. As a result of these and other risks, actual results may differ materially from those predicted. JDA and eFuture are not under any obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Source: eFuture Information Technology Inc.
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