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22 Oct 2009 07:57
22 October 2009
SINOSOFT TECHNOLOGY PLC
("SINOSOFT" OR THE "COMPANY")
SINOSOFT WINS INFORMATION INTEGRATION CONTRACT
Sinosoft, the China-based developer and provider of software and IT solutions to Chinese regional and national government agencies and export enterprises, is pleased to announce that the Company has won a contract for its information integration division worth approximately USD 700,000.
Under the contract, which was awarded by a government agency in Jiangsu province, Sinosoft will work on providing a new archiving, cataloguing and book borrowing system for China's third largest library, Nanjing Library. The project is due for completion by 10 December 2009.
Sinosoft will integrate Radio Frequency Identification (RFID) tracking technology developed by 3M (www.3M.com) with a new software system developed by Sinosoft, to provide Nanjing Library with the ability to keep track of its catalogue of over 7 million books. This pioneering system will also enable the book borrowing process to be more efficient both for the borrower and the library.
The contract is an important step forward for Sinosoft's information integration division. With this success, the company is in a better position to market itself with a competitive and technologically advanced total solution system to customers in areas such as freight forwarding, warehousing or other related business that need to have up to date information and instant access to the location of their inventory.
Ms Xin, Chief Executive of Sinosoft, commented: "This is a breakthrough deal for Sinosoft and a positive indication of increasing confidence in the Chinese IT sector. The Board will now look to maximise the opportunity that has arisen to combine the new technology developed for this project with our existing software and IT solutions."
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For further information, please contact:
Sinosoft Technology plc
Yifa Yu, Finance Director
yuyifa@sinosoft-technology.com
Hanson Westhouse Limited Tavistock Communications
Tim Metcalfe/Richard Baty Simon Compton
020 7601 6100 020 7920 3150
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