Software Circle Regulatory News (SFT)

9 Sep 2009 07:00



SINOSOFT TECHNOLOGY PLC

("SINOSOFT" OR THE "COMPANY")

SINOSOFT WINS E-GOVERNMENT CONTRACTS 

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 four tenders for its e-government services, resulting in contracts worth approximately RMB 5 million. 

The contracts, which were awarded by government agencies in Jiangsu province, will see Sinosoft work on installing a system at the district levels of Taizhou and Nantong cities. This system will help standardise procedures in a multitude of local government departments and in areas such as housing and business licence applications and building permits. It will also enable the respective enforcement bureaus in each city to uniformly process any complaints against government agencies.   Work will commence immediately and is expected to be completed by the end of this year.

This contract is a further important step forward for Sinosoft's e-government division as the Company moves deeper into local government at the district level. Once successfully implemented in these areas, there is potential to roll out the system to the districts in the remaining 11 cities of Jiangsu and other provinces in China. 

Ms Xin, Chief Executive of Sinosoft, commented: "Following the announcement of a stimulus package in early 2009, it is very pleasing to see that investment in e-government software is beginning to pick up. This contract win further validates the effectiveness of our technology and the Board look forward to capitalising on these opportunities over the coming months." 

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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