CDC CORP starte grade

BEIJING and ATLANTA, March 3 /Xinhua-PRNewswire/ -- CDC Corporation (Nachrichten) (Nasdaq: CHINA; www.cdccorporation.net/) today announced preliminary performance and certain operating metrics for Q4 2005 and full year 2005 which are unaudited and subject to adjustment pending completion of the company's year end audit.


REVENUE SUMMARY Q4 2005 vs. Q4 2004

Total Q4 2005 revenues were US$64.8 million, an increase of 17.6% from US$55.1 million in Q4 2004. The increase in revenues was due to higher recorded MVAS revenue as a result of a change in accounting treatment and strong performance from our consulting and services business.

CDC Software. Total software revenues in Q4 2005 were US$53.1 million, an increase of 7.3% from US$49.5 million in Q4 2004. Consulting and services revenues were US$27.2 million in Q4 2005 an increase of 14.8% from US$23.7 million in Q4 of 2004 and increase of 3.8% from US$26.2 million in Q3 of 2005. Software license revenues were US$10.8 million in Q4 2005 an increase of 17.4% from US$9.2 million in Q3 2005, unchanged from US$10.8 million in Q4 2004. Maintenance revenues were US$15.1 million in Q4 2005, an increase of 1.0% from US$15 million in Q4 2004 and an increase of 1.0% from US$15 million in Q3 2005.

During the quarter, North America contributed 52.3% of total software and consulting and services revenues, Europe Middle East and Africa contributed 28.3%, Asia Pacific contributed 19.2% and Latin America contributed the remaining 0.2%.

Revenues for the quarter were an all-time high as CDC Software signed 75 new customers during the quarter. New customers accounted for 39% of total software license revenue for the quarter which is among the highest in the enterprise software industry and indicates continued healthy expansion of the business and strong demand for industry-specific applications in financial services, home building, food and beverage life sciences and pharmaceuticals. Software license sales to both new and upgrading customers were strong in all major geographies including The Americas, Europe and Asia/Pacific.

Customer surveys, on a global scale, continued to indicate satisfaction ratings exceeding 90% which are significantly better than industry benchmarks often cited in the 85% range. This above average level of customer satisfaction manifested itself in continuing and expanding investments from the install base of CDC Software customers and a maintenance revenue retention rate of 92% and 89% for our Pivotal and Ross software units respectively in Q4 2005. As one example, Emirates Airlines, one of the fastest growing airlines in the world, upgraded to an enterprise license for Pivotal CRM. This will significantly increase their global deployment, making the airline one of the 10 largest customers in the world in terms of global deployment of Pivotal CRM.

China.com. Total revenues for China.com during Q4 2005 were US$11.7 million, an increase of 108.9% from US$5.6 million in Q4 2004. During Q1 2005, China.com changed the presentation of its MVAS revenue from a net basis (excluding the portion of MVAS revenue paid to the mobile operators) to a gross basis (including the portion of MVAS revenue paid to the mobile operators) in response to significant changes in the operation of the MVAS business in China. Total MVAS revenue for Q4 2005 was US$8.7 million, representing 74.4% of total revenues for China.com. The remaining 25.6% of China.com's revenues were attributable to its Internet and media businesses.

MVAS revenues decreased 11.2% from US$9.8 million in Q3 2005, primarily due to the company's decision to discontinue certain lower margin services and greater enforcement of regulations which limit the ability to send unsolicited messages to mobile phone users to solicit subscriptions that adversely impacted China.com's IVR business, in particular. SMS-based MVAS revenue for Q4 2005 was US$3.2 million, down 18.0% from US$3.9 million in Q3 2005 primarily as a result of the discontinuation of lower margin SMS revenues by China.com's Go2joy unit. MMS revenues increased 10.8% from Q3 2005 as the revised marketing and promotion strategy for these services continued to gain momentum. WAP revenues increased 7.5% from Q3 2005 as China.com continued to benefit from the current practice of China Mobile to place the most popular WAP services at the top of the menu on the first page of the list of services available in each service category on its WAP portal. Services at the top of the menu are more accessible to users than other services and, based on experience, more frequently accessed than those services lower on the menu.

With respect to China.com's online games unit, online game subscribers increased to approximately 15 million at the end of Q4 2005. The online game 'Yulgang' continued to enjoy success, surpassing 260,000 peak concurrent users in Q4 2005, representing an increase of 38.9% from Q3 2005, and recording average concurrent users per day of 162,000 in Q4 2005, up 33.9% from 121,000 in Q3 2005. The average number of virtual merchandises sold per day was 28,000 in Q4 FY2005, up 65% from 17,000 in Q3 FY2005. Further, there are 36 server groups throughout China in Q4 FY2005 supporting the company's online games, up 33% from 27 server groups in Q3 FY2005. The game pioneered the "free-to-play and pay-for-virtual merchandise" business model for MMORPGs in China and set the ever increasing trend for the move to this business model by other leading online games companies in China. Yulgang was recognized by a leading industry source as the second most popular MMORPG among over 50 new online games launched in China in 2005. Under US GAAP, CDC Corporation accounts for the online games unit using the equity method, and it is not consolidated. Due to the equity accounting treatment, online games revenues are not reflected in CDC Corporation's consolidated revenues. However, under Hong Kong GAAP, China.com consolidates the online games business and revenues, and it is reported as a segment in China.com's Hong Kong GAAP financial statements. Revenues for the online games unit for Q4 2005 was US$3.2 million up 60.0% from US$2.0 million in Q3 2005.

Full Year 2005 vs. Full Year 2004

Total revenues for the twelve months ended December 31, 2005 were US$247.6 million, an increase of 35.5% from US$182.7 million in 2004.

CDC Software. Total software revenues in 2005 were US$204.2 million, an increase of 38.7% from US$147.2 million in 2004.

During 2005, North America contributed 49.4% of total software and consulting and services revenues, Europe Middle East and Africa contributed 30.3%, Asia Pacific contributed 20.1% and Latin America contributed the remaining 0.2%.

In July of 2005, CDC Software was listed among the top 25 Global Enterprise and Supply Chain Application companies on the Global100 list published by Manufacturing Business Technology Magazine.


Additional recognitions for CDC Software during 2005 included: * Pivotal CRM 5.1 was listed as one of the "Top 15" CRM packages by ISM, a leading CRM industry analyst firm. * Pivotal CRM was selected as the High-Impact Product of the Year by TecHome Builder magazine. * Ross Systems was recognized as a leading supply chain vendor by Supply & Demand Chain Executive Magazine based on the results achieved at Litehouse Foods. * In addition to Pivotal's prior Gold Certification status with Microsoft, Ross Systems also obtained Gold Certification status in 2005.

Leveraging the benefits of the enterprise applications from CDC Software, numerous customers also received accolades during 2005. Advanced Food, using the Ross ERP system to help achieve superior service levels, was named supplier of the year for 2005 by SYSCO Corporation. Additionally, SecureWorks, a leading provider of managed security services, received the CRM Elite award from CRM Magazine for demonstrating outstanding ROI with the Pivotal CRM solution.

CDC Software signed 300 new customers in 2005. Indicative of continuing organic growth and continuing customer satisfaction, new customers represented 40% of total software license revenue while repeat business with existing customers represented 60% of total software license revenue for the year. New software sales were strong in global vertical industries including financial services, discrete and process manufacturing, and homebuilding. Key new customers include Morgan Keegan, Vantage Credit union, Calamos Investments, Toll Brothers, American West Homes, Baskin Robins, MasterTaste, Estrella de Galicia, Serious Foods and Pannonpharma. Key upgrading customers included North Shore Credit Union, Jorgensen Company, Summit Industrial Products, Cambrex Corporation, PEZ Candy and Ahold.

During 2005, customers continued to report significant measured benefits derived from the industry-specific, CDC Software applications. These included significant reductions in inventory costs, streamlined compliance efforts and improved customer service and loyalty.

Of keen interest with customers and prospects during 2005 were the new Analytics applications introduced for financial analysis, sales and customer service, and manufacturing. These unique, industry-specific applications have been deployed in as little as three weeks, and the application set will be expanded during 2006 to address a broader set of enterprise management requirements and drive additional license revenues for CDC Software.

Further deepening its commitment to delivering industry-specific applications, the company also announced Pivotal Medical Devices as the first in a series of CRM applications designed for specific industries in discrete manufacturing. Much like the industry-specific CRM applications for financial services and homebuilders, these new applications are rapidly delivered using a similar application template methodology.

China.com. Total revenues for China.com in 2005 were US$43.4 million, an increase of 22.6% from US$35.4 million in 2004. During Q1 2005, China.com changed the presentation of its MVAS revenue from a net basis (excluding the portion of MVAS revenue paid to the mobile operators) to a gross basis (including the portion of MVAS revenue paid to the mobile operators) in response to significant changes in the operation of the MVAS business in China. Total MVAS revenue in 2005 was US$34.4 million, representing 79.3% of total revenues for China.com. The remaining 20.7% of China.com's revenues were attributable to its Internet and media businesses.

On a comparable gross basis, MVAS revenues remained relatively stable, decreasing 1.4% from US$34.9 million in 2004, as China.com embarked on a diversification program for its MVAS services, moving away from SMS-based MVAS services utilizing older technology to Advanced Mobile Products, which includes MMS, IVR and WAP services, which allow for more advanced service offerings demanded by consumers. On a comparable gross basis, SMS-based MVAS revenue in 2005 was US$15.7 million, down 44.7% from US$28.4 million in 2004, while revenue from Advanced Mobile Products in 2005 was US$18.7 million, up 187.7% from US$6.5 million in 2004.

With respect to China.com's online games unit, in October 2005, China.com formed a wholly-owned subsidiary, CDC Games Limited, to hold all of its assets and strategic alliances related to online games. The newly formed subsidiary aims to further capture the business opportunities in China's fast-growing gaming market.

ADJUSTED EBITDA** AND NET INCOME SUMMARY

The company anticipates that Adjusted EBITDA** for Q4 2005 will range from approximately US$4.3 million to US$4.5 million, with full year Adjusted EBITDA** ranging from US$12.5 million to US$12.8 million. The company expects to post quarterly results ranging from a GAAP net income of US$494,000 to US$755,000 for Q4 2005, with a full year GAAP net loss ranging from US$4.2 million to US$4.4 million. The company's audit of the 2005 financial statements is currently underway and the company has not completed its impairment testing. The net income and Adjusted EBITDA** ranges provided may change after the impairment testing and the audit have been completed.

**Adjusted EBITDA excludes interest income and expenses, taxes, depreciation, amortization of acquired intangible assets, restructuring charges and stock based compensation expenses.

BALANCE SHEET SUMMARY

The company's balance sheet at December 31, 2005 included cash, cash equivalents and short term investments, net of debt, of US$218.0 million an increase of approximately US$5.8 million, or 2.7%, from September 30, 2005 due to strong cash flow contribution from operations.

RECENT ACQUISITIONS

In January of 2006, CDC Software expanded its offerings in the on-demand software category by acquiring the assets of JRG, a leading provider of on- demand supply chain planning solutions delivered as Software as a Service (SaaS). The on-demand software category harbors significant growth opportunities for CDC Software and the company will continue to invest in these solutions, both through additional acquisitions and internal R&D projects. In Greater China, CDC Software currently offers a marketing automation product, expresso, for customers such as 3M, Dairy Farm and Harbour Plaza Hotels&Resorts. Version 1.5 of expresso is being tested now, with version 2.0 planned for Q4. In addition, in Q2 2006, CDC Software plans to launch its on-demand software program in China by initially offering its popular PowerHRP and expresso products as SaaS solutions. Additional products, including business-to-business market automation and supply chain planning products, will follow. CDC Software will leverage the hosted model of software delivery, particularly in hyper-growth developing geographies and industries, while continuing to provide enterprise software via traditional licenses where it makes sense for specific customer needs.

In February, the company purchased the IT consulting services business of Horizon Companies, Inc., which principally offers outsourced information technology professional services in the United States and Canada utilizing India-based resources. Horizon has a 17 year track record of profitable operations servicing large and medium sized companies principally in the northeastern and central United States. Horizon currently employs over 200 IT consultants.

Horizon's specialization in the financial services, life sciences and manufacturing industries is aligned to the industry-specific solutions from Pivotal and Ross Systems. Horizon consultants will be cross-trained in the Pivotal and Ross suites to provide additional high quality resources for cost- effective software implementations, particularly in Europe and Asia.

During the quarter, the company continued to pursue its proposal for a strategic transaction involving a combination of CDC Software with Onyx Software Corporation. Despite the company's best efforts, Onyx refused to engage in a meaningful discussion with the company on this highly complimentary strategic combination that would generate substantial synergies and optimize value for both companies' shareholders. On January 20, 2006 the company announced that it has concluded that it would be prudent to discontinue its pursuit of a combination with Onyx.

OTHER COMPANY NEWS

As part of the strategic review initiated by the Board of Directors in September of 2005, the company has discovered certain instances of possible corporate misconduct by some employees of the company. On January 19, 2006, the company filed suit in the High Court of Hong Kong against a former officer in our Hong Kong office for breach of fiduciary duties and failure to comply with the company's corporate governance and compliance policies. The proceeding is at its preliminary stage and no timetable has yet been set for discovery or trial. The company intends to vigorously pursue its claims against this former officer, as well as claims it may have against others for other identified instances of alleged corporate misconduct. As part of the strategic review, the company has significantly strengthened and upgraded its internal controls and compliance policies and the company will continue to monitor and improve these policies as part of its commitment to enhance good corporate governance.


Reconciliation of GAAP Cash and Cash Equivalents To Non-GAAP Cash and Cash Equivalents (In US$ Thousands) Q3 2005 Q4 2005 Cash and cash equivalents 76,781 93,791 Add restricted cash 3,738 2,078 Add debt securities 158,325 148,814 Less total debt (26,367) (26,331) Non-GAAP cash and cash equivalents, net of total debt 212,477 218,352 Reconciliation of GAAP Net Income range To Non-GAAP Adjusted EBITDA range (In US$ Thousands) Q4 2005 2005 Net income range 494-755 (4,433)-(4,172) Less interest income (1,473) (6,720) Add interest expenses 166 1,000 Add tax 753 4,327 Add depreciation 791 3,250 Add amortization of intangible assets 2,988 12,668 Add restructuring charges 189 921 Add stock based compensation expenses 374 1,503 Adjusted EBITDA range 4,282-4,543 12,516-12,777

Fang continued: “We believe the industry will continue to consolidate towards a smaller group of more stable service providers, which will ultimately provide a healthier competitive environment for our MVAS business. We are confident that CDC Mobile will gain a bigger market share as a leading SP (Service Provider) with proprietary mobile content in the long run.”

Leveraging a strong cash position, CDC Mobile is also selectively acquiring synergistic and earnings-accretive companies in the industry. The company is reportedly investing up to $100 million in its 3G Content Partner Program targeting providers and aggregators in North Asia and Europe, as well as the creation of new original content for the 3G marketplace.

CDC Mobile, a business unit of CDC Corporation, is focused on providing consumer-based and enterprise-based mobile applications services in China.  

China.com, a leading Internet services provider in China and a Hong Kong listed subsidiary of CDC Corporation (NASDAQ:China), announced today Google will provide its leading search engine technologies to more China.com sites that will further enhance the search experiences for users in China.

Under this expanded partnership, Google will power search services on China.com's simplified Chinese portal and China Search site (zhonghua sousuo). Since forming a partnership with Google in July 2006, the world's leading search engine technology company has been powering web search and AFS (AdSense For Search) services for China.com's traditional Chinese and English sites, as well as providing AdSense services.

"Google's innovations in web search and advertising have made its web site a top Internet destination and its brand one of the most recognized in the world," said Xiaowei Chen, Ph.D., president of China.com Inc. "By expanding our partnership with Google, we can further improve user satisfaction and encourage more robust growth for China.com. In turn, the impressive brand equity of China.com will also help Google to expand its user base in China."

"Google is devoted to bringing the best search experience to Chinese users by working with leading local partners, such as China.com, and providing advanced technology," said Kai-Fu Lee, Ph.D., vice president of Google and president of Google Greater China. "Google is committed to putting the needs of our users first, and actively look for more opportunities to expand our services in China."

About China.com Inc.

China.com is a leading operator of Internet portals, serving a broad range of audiences in China. In 2006, it was chosen as the first company to host Google's Video Adsense which serves video ads targeted at China's English-speaking audience. China.com also was appointed by the Jilin government as the exclusive web sponsor of the 2007 Asian Winter Games. China.com was listed on the GEM of the Stock Exchange of Hong Kong Limited on March 9, 2000. In December 2000, China.com Inc. was admitted as a constituent stock of the Hang Seng IT and IT Portfolio Indices.

About CDC Corporation

The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ:CHINA), please visit www.cdccorporation.net.

Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements relating to improving user satisfaction and encouraging growth for China.com and other statements that are not historical fact, the achievement of which involve risks, uncertainties and assumptions. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, including growth prospects for the China.com portal and the development of other search engine technologies for the China market . Further information on risks or other factors that could cause results to differ is detailed in filings or submissions with the United States Securities and Exchange Commission made by CDC Corporation in its Annual Report for the year ended December 31, 2006 on Form 20-F filed on July 2, 2007. All forward-looking statements included in this press release are based upon information available to management as of the date of the press release, and you are cautioned not to place undue reliance on any forward looking statements which speak only as of the date of this press release. The company assumes no obligation to update or alter the forward looking statements whether as a result of new information, future events or otherwise.

CDC Corporation Media Relations Scot McLeod, 678-259-8625 scotmcleod@cdcsoftware.com or Investor Relations Monish Bahl, 678-259-8510 mbahl@cdcsoftware.com

Ist vielleicht interessant auch in diesem Thread zu posten ...


Die Franzosen wissen anscheinend mehr:

www.pcinpact.com/actu/news/...wagen-Apple-iCar-discussions.htm

Unter dem Titel "Volkswagen und Apple diskutieren iCar – ein Wagen, der mit Apfelsaft angetrieben wird?" gibt es folgende sehr interessante Details zu lesen. So wird erstmals der Name des bislang ominösen VW-Sprechers genannt: Hans-Gerd Bode. Bode bestätigt tatsächlich, dass Jobs und Winterkorn sich getroffen haben, um über – ich zitiere – "ein hypothetisches iCar" zu diskutieren. Weitere Diskussionen sollen folgen.

Der Name "iCar" sei tatsächlich gefallen, allerdings handele es sich vorläufig um einen Arbeitstitel.

Im Gegensatz zu der Zusammenarbeit mit anderen Wagenherstellern, wo es lediglich um iPod-Installationsmöglichkeiten geht, solle das "iCar" bei weitem mehr Möglichkleiten anbieten und mit weiteren Apple-Gadgets ausgestattet werden: ein iPhone-ähnliches Utensil – nämlich ein Bordcomputer, der die Funktionen eines iPhones mit iPod verbindet. Außerdem soll ein GPS-Navisystem von Apple eingebaut werden. Daneben bleibe noch Spielraum für andere "Annehmlichkeiten" aus den Apple-Werken, die im Artikel aber nicht weiter präzisiert werden.

Höchstinteressant dann die Information zum Schluss. Was ich im Posting-Betreff mit  "Zune"-car getauft habe, soll – laut Autor des Artikels – ein Kommunikations- und Amusement-System sein, das in einem Ford-Wagen für 395 Dollar eingebaut werden kann.

Unten der ARtikel im O-Ton. Wer französisch versteht, sollte sich die oben angeführte Internetseite zu Gemüte führen, dort sind tatsäschlich bereits 96 Kommentare tzum Artikel eingegangen.

Ich glaub, da kommt noch einiges auf uns zu


Casaubon


Volkswagen et Apple discutent d'une éventuelle « iCar "
Une voiture qui carbure au jus de pomme ?


Hans-Gerd Bode, porte-parole de Volkswagen, affirme que le dirigeant de la marque allemande de voiture a rencontré Steve Jobs, PDG d'Apple, pour s'entretenir d'une hypothétique « iCar », une voiture spécialement conçue pour accueillir les gadgets de la Pomme.

La rencontre avait lieu quelques jours auparavant en Californie entre Jobs et Martin Winterkorn, PDG de Volkswagen. Les deux acolytes se sont d'ailleurs donné rendez-vous pour de nouvelles discussions autour du sujet brûlant de l'« iCar », une voiture à la sauce iPod dont le nom « iCar » est encore totalement incertain, utilisé uniquement par commodité.

Selon Bode, les deux marques ont dégagé quelques idées concrètes à l'heure actuelle. On compte sur les deux sociétés pour vite tenter de finaliser la voiture en question, qui pourrait significativement intéresser les jeunes conducteurs avides de technologie, selon les analyses des experts du marché.

Apple travaille déjà avec Volkswagen et d'autres constructeurs de voitures pour intégrer une station d'accueil de l'iPod dans leurs voitures, mais l'« iCar » irait encore plus loin. On imagine l'intégration d'un ordinateur équipé d'un logiciel similaire à l'iPhone, intégrant à la fois les fonctionnalités actuelles des iPod et des iPhone, avec le GPS et d'autres réjouissances en prime.

Microsoft est aussi sur le coup, la firme de Bill Gates vient de conclure un partenariat avec Ford pour intégrer un système de communication et de divertissement dans les voitures de la marque en option, pour 395 dollars de plus.

Rédigée par Bruno Cormier le jeudi 30 août 2007 à 10h26 (11778 lectures)
Source de l'INformation : MSNBC