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eFuture to Announce Third Quarter 2008 Results on November 6, 2008

BEIJING, Oct. 29 /Xinhua-PRNewswire/ -- eFuture Information Technology Inc. (Nasdaq: EFUT), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced that it will report its third quarter 2008 financial results after the U.S. markets close on November 6, 2008. eFuture's management will hold an earnings conference call at 7:30 p.m. on November 6, 2008 U.S. Eastern Time (8:30 a.m. on November 7, 2008 Beijing/Hong Kong Time).

Dial-in details for the earnings conference call are as follows:

U.S. and International: +1-888-710-9688

Mainland China: +86-10-5851-1260

Hong Kong: +852-8306-5032

Please dial-in 10 minutes before the call is scheduled to begin, press "*0" to be connected to the operator and request to be connected to the "eFuture earnings call."

Additionally, an archived webcast of the conference call will be available on the investor relations section of eFuture's website at

http://www.e-future.com.cn .

About eFuture Information Technology Inc.

eFuture Information Technology Inc. (Nasdaq: EFUT) is a leading provider of front-end supply chain management software and services in China. eFuture provides integrated software and services to manufacturers, distributors, wholesalers, logistics companies and retailers in China's front-end supply chain market, especially in the retail and fast moving consumer goods ("FMCG") industries. eFuture currently serves more than 1,000 clients, including 15 Fortune 500 companies, over 900 retailers and over 200 distributors 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 over 600 employees and 20 branch offices across China.

For more information about eFuture, please visit

http://www.e-future.com.cn/ .

For further information, please contact:

eFuture Information Technology Inc.

Tel: +86-10-5165-0998 ext. 8804

Email: ir@e-future.com.cn

Ogilvy Financial, Beijing

Andrew Keller

Tel: +86-10-8520-3112

Email: andrew.keller@ogilvy.com

Source: eFuture Information Technology Inc.
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