GEONG INTERNATIONAL LIMITED - Contract win
04/25/07 - PRNewswire
Embargoed: 07.00am, 25 April 2007
GEONG INTERNATIONAL LIMITED
CONTRACT GAIN
GEONG SUPPORTS OLYMPIC 2008 SPONSORS
GEONG International Limited ("GEONG" or "the Company"), the AIM listed, Beijing
based, provider of content management software and solutions, announces that it
has signed an annual contract to provide its PortalAgeTM software and services
to Lenovo Group Limited ("Lenovo") which the Directors estimate has the
potential to be worth between US$1,860,000 and US$2,620,000.
Lenovo is the third largest PC supplier in the world employing 24,500 people
and supplying PC's to over 160 countries. Under the terms of the contract with
Lenovo, GEONG will design, build, deploy and operate a bespoke system based on
its leading PortalAgeTM Enterprise Content Management software establishing a
worldwide dealer communication and management system.
The system will be an extension of the ThinkWorld Users Club system which was
designed by GEONG and has been used by IBM PC/Lenovo since 2003. GEONG intends
to seek further agreements of this kind and further applications for its
PortalAgeTM software.
Commenting on the contract, Wang Weidong, Chief Executive Officer of GEONG,
said: "The contract signed with Lenovo highlights the calibre of our software
suite, the quality of our services and the successful execution of our
strategy. I am delighted that PortalAgeTM will be used to support Lenovo in
their global operations and key strategic decisions."
"Companies are looking to make the most of the increase in revenue that will
come as a result of the 2008 Beijing Olympic Games and we are seeing an
increase in demand for our software and services. GEONG has now signed
contracts with a number of leading sponsors including Lenovo, Bank of China,
Air China and FAW Volkswagen.
-ends-
For further information, please contact:
GEONG International Limited
Henry Tse, Chairman
Wang Weidong, CEO
T: +86 10 877 30066
Seymour Pierce Ltd
John Depasquale
T : 020 7107 8000
Tavistock Communications
Matt Ridsdale
Simon Compton
T: 020 7920 3150
END