Applix Partners with UFIDA, China's Largest Software Company
23 Março 2007 - 1:01AM
Business Wire
Applix, Inc. (Nasdaq: APLX), a global leader in performance
management applications, and UFIDA (SSE: 600588), China�s largest
software company, today announced a partnership to enhance
strategic business analytics functionality in UFIDA�s U8 Management
Solution. As part of its strategy to significantly enhance its
presence in China, Applix has opened a new business office in Hong
Kong. Under the agreement, UFIDA will integrate the Applix business
analysis and reporting application �powered by the core TM1
analytics engine � as the Business Performance Management (BPM)
engine of UFIDA ERP U8. UFIDA ERP U8, a comprehensive ERP solution
for small and medium-sized enterprises, will incorporate new BPM
features and functionality, including reporting and analytics.
Applix�s and UFIDA�s products can be seamlessly implemented
together to meet the demands of agile, rapidly growing companies by
delivering an easy-to-use, fully-featured, highly scaleable BPM/ERP
platform for synchronizing front and back office business
management functions. �There is a growing market for fully
integrated BI/BPM solutions in China and throughout Asia, marking a
significant opportunity for Applix,� said Michael Morrison, chief
operating officer of Applix, Inc. �We are delighted that UFIDA, the
leading management software and services provider in Asia, has
become a key partner in this region. Applix and UFIDA have
complementary product lines that will help meet increased customer
demands surrounding resource planning and management. �For the
proactive, rapidly developing business, Applix provides a single
platform in which all components and data are integrated � for fast
implementation and low maintenance � as well as self-service
planning, analysis and reporting scalable to every user across the
organization.� China�s management solution market has grown rapidly
in recent years. U.S. analyst firm IDC forecasts this growth to
continue, with total sales in the country almost doubling within
three years to nearly US $2 billion by 2009*. According to CCID,
the leading China IT market research and consulting company, UFIDA
is the largest ERP solution provider in China and has captured
24.6% of market share. �Through our partnership with Applix, we�re
making significant improvements by adding world class reporting and
analytics to our U8 management platform,� said Wu Qiang, vice
president of UFIDA. �We believe the synergy of this partnership
will improve our competitiveness in China as well as in the Asia
Pacific market.� About Applix Applix (NASDAQ: APLX) is a global
leader in performance management applications that enable
continuous strategic planning, management and monitoring of
performance across the financial, operational, sales and marketing,
and human resources functions within the enterprise. Applix and its
global network of partners help 3,000 customers worldwide manage
their business performance and respond to the marketplace in real
time. Headquartered in Westborough, USA, Applix maintains offices
in North America, Europe and the Pacific Rim. For more information,
please visit www.applix.com. Applix recently released Applix
Version 9.1, with its core analytics engine TM1, providing a high
performance Web solution for real-time business performance
management and reporting across the enterprise. About UFIDA and
UFIDA U8 Established in 1988, UFIDA is recognized as the biggest
local vendor offering management software and ERP software in
Asia-pacific. UFIDA offers wide span financial software products,
ERP, SCM, CRM, HR and also vertical industry solutions such as
e-government, finance and asset management. UFIDA has been
recognized as an outstanding software company in the marketplace
due to its quality products, professional service and a vast
customer base of 500,000 in China and other regions in Asia. U8
Enterprise Application Suite is an integrated, comprehensive
solution for small and medium-sized enterprises, and is one of the
market�s most widely used business systems. U8 was designed to
capture the management flow of SMEs, particularly by helping them
smoothly synchronize front and back office business management
functions. From the outset, it was designed with the flexibility to
allow customers to innovate and adapt their management solutions to
reflect changes. U8 also includes built-in management best
practices, multilingual user interfaces and reports, and support
for China-specific financial and regulatory reports. In 10 years�
continuous development, U8 has evolved in tandem with its customer
base, and likewise focuses on core competencies, responsiveness to
market forces, and maximization of limited resources. The result is
an application that has been implemented successfully by a
multitude of companies in a multitude of industries. * Source:
http://www.idc.com/getdoc.jsp?containerId=IDC_P10683 Any statements
in this press release about future expectations, plans and
prospects for Applix, Inc., including any statements containing the
words �believes,� �anticipates,� �plans,� �expects,� and similar
expressions, constitute forward-looking statements. Forward-looking
statements necessarily involve risks and uncertainties, and actual
results could differ materially from those indicated by such
forward-looking statements as a result of various important
factors. Factors that could cause or contribute to such differences
include without limitation, competitive pressures, changes in
customer demands, adverse economic conditions, loss of key
personnel, litigation, potential fluctuations in quarterly results,
lengthy sales cycles, market acceptance of new or enhanced products
and services, factors affecting spending by customers and other
risks, uncertainties and factors including those described in the
Company's most recent Form 10-K or 10-Q under the heading "Risk
Factors"/"Factors That May Affect Future Results." In addition, the
forward-looking statements provided by the Company in this press
release represent the Company's views as of the date of this
release. The Company anticipates that subsequent events and
developments may cause the Company's views to change. However,
while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically
disclaims any obligation to do so, and these forward-looking
statements should not be relied upon as representing the Company's
views as of any date subsequent to the date of this release. �2007
Applix, Inc. All rights reserved. Applix and TM1 are registered
trademarks of Applix, Inc. All other trademarks and company names
mentioned are the property of their respective owners.
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