BEIJING, Sept. 5 /Xinhua-PRNewswire/ -- e-Future Information Technology Inc. (Nasdaq: EFUT), a leading front-end supply chain management software and services provider in China, today announced that CEO Adam Yan will be doing an interview and Q&A session on the website http://www.seekingalpha.com . The Q&A process will begin on Wednesday, September 5th and last through Friday, September 7th, 2007. You could start to ask your question(s) at the link http://seekingalpha.com/article/46367-interactive-q-a-adam-yan-ceo-of-efuture-information-technology-efut . For further details regarding the interview please visit the Seeking Alpha website.
Mr. Yan will address a range of topics including:
1. The Company's leading position as the front-end supply chain
management software and service provider in China, especially in
retail and FMCG (Fast Moving Consumer Goods) markets.
2. The rapidly growing retail market in China and the factors driving
the huge demand for e-Future's products and services.
3. The Company's broad client base in more than 200 cities in China
including over 500 retailers and 200 distributors as well as Fortune
500 companies who are doing business in China.
4. e-Future's partnerships with IBM, JDA, SAP, Oracle, Microsoft,
Samsung and Motorola.
5. The Company's 1st Half 2007 results as well as the business outlook
for FY 2007.
6. e-Future's ongoing acquisition strategy and recent acquisition of
Royalstone Information Tech, ltd ("Royalstone"). This acquisition is
expected to significantly increase our market share and enhance the
services we offer to our clients.
7. The Company's B2B platform expansion plans and other growth
strategies.
"We are excited about this opportunity to interactively communicate with our existing shareholders and new investors, which is also part of our commitment to enhance the Company's external communications. We welcome your participation in this interview on seekingalpha.com and I look forward to answering your questions," commented Adam Yan, CEO of e-Future.
About e-Future Information Technology Inc.
e-Future is a leading software and service provider in China's front-end supply chain market from manufacturers to consumers, especially in retail and Fast Moving Consumer Goods ("FMCG") market for manufacturers, distributors, wholesalers, logistics companies and retailers. e-Future's clients are centered in the retail, automotive, general household appliance and consumer goods industries.
We are now serving more than 800 clients, including over 500 retailers and over 200 distributors and Fortune 500 companies that do business in China including Procter & Gamble, Johnson & Johnson, Kimberly-Clark, the Chang'an Motors and Ford Motors joint venture, B&Q- Kingfisher China, GUCCI China, Aeon-JUSCO China, PARKSON China, SOGO China and Mickey's Space stores (Disney franchises). Leading local companies include Belle, Lianhua, Suning, Wuhan Zhongbai, Wushang Group, Bubugao, Yonghui and China Duty-Free Stores.
Moreover, e-Future is also one of the IBM premier business partners in Asia Pacific as well as the partners of SAP, Oracle, Microsoft, JDA and Motorola. The Company has 19 branch offices in 31 provinces in China with over 600 employees including 250 consultants and service professionals and 270 programmers for software research and development and customization.
FORWARD-LOOKING STATEMENTS
This announcement contains statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. We caution investors that any forward-looking statements presented in this report, or which management may make orally or in writing from time to time, are based on beliefs and assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will" and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected by the forward-looking statements. We caution you that while forward-looking statements reflect our good-faith beliefs when we make them, they are not guarantees of future performance and are affected by actual events when they occur after we make such statements. Accordingly, investors should use caution in relying on forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
Some of the risks and uncertainties that may cause our actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements include, among others, the following:
-- general risks affecting the Chinese retail industry;
-- failure to effectively manage our growth and expansion or to
integrate acquisitions and developments successfully;
-- risks and uncertainties affecting software development;
-- risks associated with downturns in the Chinese national and local
economies;
-- risks associated with our dependence on key personnel whose continued
service is not guaranteed; and
-- the other risk factors identified in our most recently filed Annual
Report on Form 20-F, including those described under the
caption "Risk Factors."
The risks set forth above are not exhaustive. Other sections of this report may include additional factors that could adversely affect our business and financial performance. Moreover, we operate in a very competitive and rapidly changing environment. New risk factors emerge from time to time and it is not possible for management to predict all risk factors, nor can it assess the impact of all risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward- looking statements as a prediction of actual results. Investors should also refer to our most recent Annual Report on Form 20-F for future periods and reports on Form 6-K as we file them with the SEC, and to other materials we may furnish to the public from time to time through Forms 6-K or otherwise, for a discussion of risks and uncertainties that may cause actual results, performance or achievements to differ materially from those expressed or implied by forward-looking statements. We expressly disclaim any responsibility to update any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events, or otherwise, and you should not rely upon these forward-looking statements after the date of this report.
For more information about e-Future, please visit http://www.e-future.com.cn , English channel.
