BEIJING, May 3 /Xinhua-PRNewswire/-- e-Future Information Technology Inc.
(Nasdaq: EFUT) announced today that it has signed a VALUE ADDED SYSTEMS
INTEGRATOR ("VASI") AGREEMENT with JDA(R) Software Group, Inc. (Nasdaq: JDAS),
the enduring demand and supply chain partner to the world's leading retailers,
manufacturers and suppliers to offer JDA software solutions integrated with e-
Future value-added services to retailers in China.
"Through the e-Future and JDA relationship, we look forward to delivering
high-quality, innovative products and solutions to cultivate long-term
customer partnerships, " said Rod Talbot, Regional Vice President of JDA Asia
Pacific. "JDA has been serving the supply and demand chain for more than 20
years, while e-Future is the leading front supply chain management software
and service company in China. We are pleased to work together to share best
practices with China retailers to help identify areas of opportunity by
integrating people, process and technology."
"e-Future is proud to partner with JDA and excited about the opportunity
to drive a new cooperation model of `Global solution, Local service`. e-Future
has been focused on satisfying the local supply-chain-front requirements and
this agreement enables us to provide local retailers with proven, robust
solutions at an affordable price," commented e-Future Chairman and CEO, Adam
Yan.
As a leading software system provider in the optimized Customer-Driven
Value Chain, JDA helps 5,500 customers from more than 60 countries to
optimally plan their supply and demand chain needs -- from raw materials
acquisition, through manufacturing and replenishment, to the store shelf and
on to the consumer. Sixty-one percent of the Top 100 retailers (where globally)
rely on JDA solutions, including Homeworld Group (whose hypermarket division
was recently acquired by China Resources Company), Carrefour, Tesco, Office
Depot International, BestBuy, Aeon/Jusco, P&G, Unilever, Coca-Cola, and more.
To date, JDA and e-Future have successfully implemented applications in China
at companies such as Orient Home and Homeway (acquired by Home Depot).
e-Future currently has over 600 customers, 30% of the top 50 retailers in
China and 30% of top 500 retailers in China. e-Future has also been selected
to provide the retail software for Mickey's Space franchised store that sell
Disney products in China. In addition, e-Future provides software products and
services to Fortune 500 companies from across the world that are doing
business in China. Clients include Proctor & Gamble, Johnson & Johnson , B&Q,
the Chang'an & Ford joint venture and other large companies operating in
China's domestic markets, such as GUCCI, PANRIC, HAIER, SUNING, PARKSON, SOGO,
Wangfujing, Homeway (acquired by Home Depot), Orient Home, China duty-free
store and AYAYA, etc.
About JDA Software Group, Inc.
JDA(R) Software Group, Inc. (Nasdaq: JDAS) is the enduring demand and
supply chain partner to the world's leading retailers, manufacturers and
suppliers, helping 5,500 customers in more than 60 countries realize real
demand chain results. JDA has solidified a unique marketplace position, in
that only JDA can offer a complete vertically-focused solution with the depth
and breadth of capabilities necessary to enable the Customer-Driven Value
Chain. JDA software solutions enable high-performance business process
optimization and execution to achieve a connected view of the customer from
raw materials flowing into production to end-consumer products at the shelf.
With offices in major cities around the world, JDA employs the industry's most
experienced supply and demand chain experts to develop, deliver and support
its solutions. For more information, visit www.jda.com, email infoap@jda.com
or call 1-800-479-7382.
About e-Future Information Technology
e-Future(Nasdaq: EFUT) is a leading provider of integrated software and
professional services for manufacturers, distributors, wholesalers, logistics
companies and retailers in China's supply chain market. e-Future's customers
are centred in the retail, automotive, general household appliance and
consumer goods industries. Its solutions are specifically designed to
optimize demand processes from finished goods to customer checkout and to
address supply chain management, business processes, decision support,
inventory optimization, collaborative planning and forecasting requirements.
e-Future's software solutions business is enhanced and supported by its
consulting services and ongoing maintenance on existing software installations.
CAUTIONARY STATEMENT WITH RESPECT TO FORWARD-LOOKING STATEMENTS
This document may contain certain forward-looking information about e-
Future that are intended to be covered by the safe harbor for "forward-
looking statements" provided by the Private Securities Litigation Reform Act
of 1995 and any other similar laws that may apply. Readers are cautioned not
to place undue reliance on these forward-looking statements because they speak
only as of the date on which they were made.
e-Future does not undertake any obligation to republish revised forward-
looking statements to reflect events or circumstances after the date of these
forward-looking statements or to reflect the occurrence of unanticipated
events. Readers are also urged to carefully review and consider the various
disclosures in e-Future's various SEC reports, including, but not limited to,
its Annual Report on Form 20-F for the year ended December 31, 2005.
For more information about e-Future, please visit
http://www.e-future.com.cn , English channel.