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CDC Software: CDC Software introduces first managed Software as a
Service enterprise solution for Life Sciences; Industry-specific SaaS
solution for Life Sciences includes ERP, SCM, CRM and services for
validation and change control
(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:29112007
London -- CDC Software, a wholly owned subsidiary of CDC Corporation
(NASDAQ: CHINA) and a provider of industry-specific enterprise software
applications and business services, announced today the launch of its
Software as a Service (SaaS) suite of applications for life sciences
companies. This first-of-its-kind offering, specifically designed for
life sciences, leverages the Ross Enterprise suite of applications that
are currently in use with hundreds of life sciences manufacturers and
research organizations around the world.
This comprehensive, industry-specific solution for life sciences
companies may be deployed in a matter of days with, in most instances,
no customizations required. This unique combination of industry fit and
rapid deployment makes this solution suited to a broad array of
emerging and mid-sized pharma and biopharma companies supporting GMP
manufacturing, clinical supply operations, chargebacks for wholesaler
distribution, and project / service-based organizations (CMO/CRO).
These life sciences enterprises can choose an off-site hosted or an
on-site managed deployment and they also have the option to choose a
monthly subscription fee or traditional software license fee.
CDC Software has partnered with Vantage Systems, a premium managed
software service provider that specializes in the life sciences
industry. Vantage has established a track record of highly successful
deployments of CDC Software's Ross Enterprise applications worldwide.
Through the partnership, CDC Software will provide the Ross Enterprise
applications for life sciences including enterprise resource planning
(ERP), supply chain planning (SCP), customer relationship management
(CRM), business process management (BPM), enterprise performance
management (EPM), electronic batch records, contract and chargeback
management and project accounting. Vantage is expected to host and
manage the applications and provide additional services including GMP
assessments, validation, change control, outsource manufacturing
collaboration, and chargeback processing.
"Midsize and emerging life science companies require a solution that is
highly focused on their unique business needs and one that offers
reduced deployment costs and minimal IT maintenance costs over the life
of the system," said Eric Musser, CEO and president of CDC Software.
"Our managed SaaS offering for life sciences, we believe, is the only
solution of its kind available today. We are meeting the specific needs
of life sciences companies around the world by combining the industry
solution expertise of CDC Software and Vantage Systems. We also believe
our complete specialized software applications, combined with their
hosting and specialized value-added services, provide the ideal
solution for life science companies that need to avoid the overhead and
risks of complex, internal deployments of their enterprise systems."
"Many emerging pharmaceutical and biopharma manufacturers and research
organizations simply cannot afford license fees for a GMP validated
system, long implementations or costly maintenance of typical
enterprise software systems," said Bob Congiusti, CEO of Vantage
Systems. Congiusti, with more than 30 years of IT management experience
and a former vice president of IT at life sciences manufacturer,
Cambrex, concluded: "As their managed services provider, we are
minimizing the high costs of maintaining an IT infrastructure and the
industry-specific challenges of GMP assessments, validation, change
control, outsource manufacturing collaboration, and chargeback
processing."
<<Ends>>
About Vantage Systems
Vantage Systems is a premium managed software services provider that
specializes in the life sciences industry. Vantage Systems offers a
range of products and services designed to accelerate the ERP
(enterprise resource planning) implementation process, enable process
improvement initiatives, lower IT costs, reduce technical complexity,
and assist customers with their regulatory compliance efforts. For more
information, please visit www.vantagesystems.com.
About Ross Enterprise for Life Sciences
Ross Enterprise for Life Sciences is CDC Software's comprehensive suite
of applications for the Life Sciences industry. From emerging
biotechnology firms to billion-dollar drug manufacturers, Ross
Enterprise solutions are designed with an in-depth understanding of the
critical operations of the Life Sciences industry with key
functionality in: forecasting and planning, formula management,
inventory control, manufacturing management, quality control, lot
tracing, product costing, customer service and business analytics. The
system provides cGxP compliant transaction processing and work flow
systems for materials management, manufacturing, financials and the
extended life science supply chain. Ross Enterprise is used to
streamline the transition from clinical trials to commercial
manufacturing, and facilitate effective management of in-house and
outsourced manufacturing. Ross Enterprise is used worldwide by more
than 1,200 companies including BioConvergence, Mission Pharmacal,
Cambrex, Crown Laboratories/Del-Ray Dermatologicals, and Anabolic Labs.
For more information, visit www.rossinc.com.
About CDC Software
CDC Software, The Customer-Driven Company(tm), is a provider of
enterprise software applications designed to help organizations deliver
a superior customer experience while increasing efficiencies and
profitability. CDC Software's product suite includes: CDC Factory
(manufacturing operations management), Ross ERP (enterprise resource
planning) and SCM (supply chain management), IMI (warehouse management
and order management), Pivotal CRM and Saratoga CRM (customer
relationship management), Respond (customer complaint and feedback
management), c360 CRM add-on products, industry solutions and
development tools for the Microsoft Dynamics CRM platform, Platinum HRM
(human resources) and business analytics solutions.
These industry-specific solutions are used by more than 6,000 customers
worldwide within the manufacturing, financial services, health care,
home building, real estate, and wholesale and retail distribution
industries. The company completes its offerings with a full continuum
of services that span the life cycle of technology and software
applications, including implementation, project consulting, outsourced
business services, application management and offshore development. CDC
Software is the enterprise software unit of CDC Corporation (NASDAQ:
CHINA) and is ranked number 12 on the MBT 2007 Global 100 List of
Enterprise and Supply Chain Management Application vendors. For more
information, please visit www.cdcsoftware.com.
About CDC Corporation The CDC family of companies includes CDC Software
focused on enterprise software applications and services, CDC Mobile
focused on mobile applications, CDC Games focused on online games, and
China.com focused on portals for the greater China markets. For more
information about CDC Corporation (NASDAQ: CHINA), please visit
www.cdccorporation.net.
Cautionary Note Regarding Forward-Looking Statements This press release
includes "forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995, including
statements relating to, among other things, the Ross Enterprise for
Life Sciences and Managed Services offerings, our status as
first-to-market with this product or a product of this type, the
availablility or lack of availability of similar products, our ability
to provide reduced IT costs for our customers, our ability to provide a
low total cost of ownership, rich functionality and other benefits to
our customers, our ability or our customer's ability to deploy this
product within certain timeframes and without customization, the
suitability of this solution for certain customers, potential customers
and industries, our partnership with Vantage Systems, including the
services and assistance that Vantage may provide, our ability to meet
customer needs, the completeness of our product offerings, and other
statements that are not historical fact, the achievement of which
involve risks, uncertainties and assumptions. These statements are
based on management's current expectations and are subject to risks and
uncertainties and changes in circumstances. There are important factors
that could cause actual results to differ materially from those
anticipated in the forward looking statements including, among others:
the current and future status of the Life Sciences marketplace and the
demand for related products; the ability and need to develop, integrate
and deploy applications to meet customer's requirements; the
possibility of development or deployment difficulties or delays; the
risk of varying results among products, services, customers and
industries; our continued commitment to this software; Vantage System's
(and any other applicable third party's) commitment to, continuing
commitment to, and compliance with, our partnership and the support of
this and other product offerings; the continued ability of our
solutions to address industry-specific requirements of companies in the
Life Sciences industry; the fluctuation in demand for, and market
acceptance of, new and existing solutions; the continued development of
new functionalities which would allow enterprises to compete more
effectively; the ability of a customer's staff to utilize the
information generated with our software; and changes in the type of
information required to compete in the Life Sciences industry. Further
information on risks or other factors that could cause results to
differ is detailed in filings or submissions with the United States
Securities and Exchange Commission made by CDC Corporation in its
Annual Report for the year ended December 31, 2006 on Form 20-F filed
on July 2, 2007. All forward-looking statements included in this press
release are based upon information available to management as of the
date of the press release, and you are cautioned not to place undue
reliance on any forward looking statements which speak only as of the
date of this press release. The company assumes no obligation to update
or alter the forward looking statements whether as a result of new
information, future events or otherwise.
CONTACT: James Hawksworth, Investor Relations / Media Relations
Tel: +44 (0)1604 614 171 / +44 (0)7879 457 626
e-mail: jhawksworth@cdcsoftware.com
((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).
Copyright 2007 M2 Communications Ltd.
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