Contract Extensions

4 Sep 2009 07:00

04 September 2009 GEONG International Limited ("GEONG" or "the Company") Contract Extensions

GEONG International Limited (AIM: GNG), the AIM listed China based provider of enterprise content management (ECM) software and solutions, is pleased to announce two contract extensions worth a total value of 3.9 million.

GEONG, in conjunction with one of its major partners, has extended a contract to provide specialist services and products to major global Chinese bank and telecommunications infrastructure providers from 29 July 2009 to 1 July 2010. GEONG will coordinate and manage the services of consultants for a number of the client's projects across China and the contract is expected to be worth not less than 1.5 million.

In addition, a further contract extension, worth 2.4 million to GEONG, has been signed with a global Chinese telecommunications provider for another year, from April 1 2010 to March 31 2011. The extension will see GEONG assist the client in building its overseas operations.

Weidong Wang, Chief Executive of GEONG, commented: "We are delighted to announce the signing of these two contract extensions which, in addition to generating significant revenue, demonstrate our ability to secure prestigious partnerships and foster long-term client relationships. We are also becoming increasingly confident in our future ability to secure further long-term contracts of this nature."

For further information, please contact:

GEONG International Limited www.geong.com Tel: +86 10 5222 0999Henry Tse, ChairmanWeidong Wang, CEOAmit Thakar, CFOSeymour Pierce Tel: +44 (0)20 7107 8000John DepasqualeICIS Tel: +44 (0)20 7651 8688Bob HuxfordHilary Millar

About GEONG International Limited

Operational since 2000, GEONG specialises in collaboration and content management software and services. Its products are specifically tailored for the Chinese market, where the Company is recognised by Government agencies and numerous blue chip clients as a leader in its field. GEONG was named The Most Successful Enterprise in ECM Software in China 2007 to 2008 by China's Centre for Information Industry Development and CCID Consulting; and one of the fastest growing companies in Asia at the Deloitte Technology Fast 50 China and Deloitte Technology Fast 500 Asia Pacific awards. The Company has recently expanded into North America setting up operations in Canada.

Registered in Jersey, the Company's operations are headquartered in Beijing. The Company's shares were admitted to AIM in June 2006 and trade under the ticker GNG.L

For more information, please visit www.geong.com