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e-Future is Invited by IBM to Attend National Retail Federation 96th Annual Convention & Expo

2007-01-16 16:27 1538

BEIJING, Nov. 16 /Xinhua-PRNewswire/ -- e-Future Information Technology Inc. (Nasdaq: EFUT) announced today IBM has invited e-Future to attend the National Retail Federation 96th Annual Convention & EXPO in New York City from January 14 to 17, 2007.

e-Future has been an IBM Premier Business Partner since 2005. e-Future, along with IBM China Research Laboratory, has co-developed the blue Supply Chain Management (SCM) solution based on IBM Websphere Business Integrator(WBI) and IBM Websphere Process Server (WPS) middlewares. It's a pure Service-Oriented Architecture (SOA), which can be flexibly deployed on the Web. Recently e-Future also completed the validation on the Store Integration Framework for IBM Retail Store Innovations.

"We are looking forward to strengthening our partnership of ecosystem with IBM as both companies prepare to meet the growing demand in China's retail industry for supply chain software and SaaS services," said e-Future Chairman and CEO, Adam Yan.

Mr. Christopher K. Wong, Vice President, ISV (Independent Software Vendor) and Developer Relations of IBM Software Group, said to Mr. Yan, "I believe that makes you the first end to end enterprise to store ISV in China that is fully validated on IBM middlewares. That is a great accomplishment and one we need to exploit as we work closely on more business opportunities in 2007."

e-Future provides products and services to Fortune 500 companies, from across the world, that are doing business in China. Clients include Proctor & Gamble, 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, Orient Home, China duty-free store and AYAYA, etc.

About NRF

The National Retail Federation (NRF) is the world's largest retail trade association, with membership that comprises all retail formats and channels of distribution including department stores, specialty shops, discount, catalog, and online retailers, independent stores, chain restaurants, drug stores, and grocery stores, as well as key trading partners of retail goods and services to the industry. The NRF represents an industry with more than 1.6 million U.S. retail establishments, more than 24 million employees -- about one in five American workers -- and 2005 sales of $4.4 trillion. As the industry umbrella group, the NRF also represents more than 100 state, national and international retail associations.

About e-Future

e-Future is a leading provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain front market. e-Future's customers are centered 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.

For more information, please contact:

Investor Relations & Media Relations

e-Future Information Technology Inc.

Tel: +86-10-5165-0998

Email: ir@e-future.com.cn

Source: eFuture Information Tech Inc.
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