$1.1m Contract Wins

29 Apr 2008 07:00

29 April 2008 GEONG International Limited ("GEONG" or "the Company") Signs six contracts worth US$1.1 Million

GEONG International Limited (AIM: GNG), the AIM listed, China based provider of enterprise content management (ECM) software and solutions, today announces that it has signed six contracts with three automotive customers worth US$1.1 Million (‚£550,000) in the current financial year.

The contracts are for the continued development of solutions based on GEONG's PortalAgeTM content management system and relate to the e-business, dealer management, enterprise information and e-procurement functions GEONG has developed for their automotive clients over the last four years.

Commenting on the contract wins, Wang Weidong, Chief Executive of GEONG, said: "The automotive sector continues to grow rapidly in China and our systems are now being seen as a key component in the industry growth. Signing contracts with existing and new customers confirms the quality of the systems we have already implemented for the existing customers and demonstrates the adaptable, scalable nature the PortalAge platform provides. These contractwins again prove the success of GEONG's "GO DEEP & BROAD" strategy in the automotive sector."

- ENDS- Enquiries:Henry Tse, Chairman Weidong Wang, CEO www.geong.com GEONG International Limited Tel: +86 10 5222 0999 Paul Dulieu / Emma Kane / Mike Ward Redleaf Communications Ltd Tel: +44 (0)20 7822 0200 John Depesquale / Parimal Kumar SeymourPierce Tel: +44 (0)20 7107 8000 Notes to Editors

About GEONG International Limited

GEONG is registered in Jersey and headquartered in Beijing. Its shares were admitted to AIM in June 2006 and trade under the ticker GNG.L

The Company has provided content management software and solutions since its establishment in September 2000 and has earned a reputation as a local technology leader in the Chinese Enterprise Content Management (ECM) market, especially in the financial services industry.

ECM software is an internet based suite of products that enables companies to capture, manage, store, preserve and deliver content, documents and data across thousands of users, processes and locations.

The Company has developed two proprietary product ranges: the PortalAgeTM suite designed for large enterprise customers and SmartBoxTM designed to capture the SME market's requirement for collaboration software.

PortalAgeTM clients include: Lenovo, Bank of Communications, China Construction Bank, FAW Volkswagen, Shanghai Automotive Industry Corporation, Shanghai General Motors and Air China.

In March 2007, the Company established a Canadian representative office in order to commence the international promotion of SmartBoxTM.

In 2006, GEONG was recognised for the second successive year in the Deloitte "Technology Fast 50 China 2006" and the "Technology Fast 500 Asia Pacific 2006", which recognises the fastest growing technology companies in China and in Asia Pacificrespectively.

GEONG was short listed for the "Best Technology" category at the 2007 AIM Awards.

In October 2007, the company established a Guangzhou branch office in order to commerce the expansion of both PortalAgeTMand SmartBoxTM in Southern China.