C&T's flagship HRM Product Suite Achieves the Highest Recognition of "China Outstanding Software Product"

March 6, 2014

Hong Kong, March 6, 2014 – Leading locally listed information technology ("IT") software and service provider, Computer And Technologies Holdings Limited (C&T Holdings or the "Group", Stock Code: SEHK 00046) announced that its flagship HRM product suite - IPL HRIS was honored with the China Outstanding Software Product Award ("COSPA") 2013. This is the third consecutive years that IPL HRIS won this reputation since 2011. To recognize its excellence, IPL HRIS is also awarded as "China Outstanding Software Product", which is the highest honour for national class software products in China. The COSPA 2013 Presentation Ceremony will be held in Beijing in May 2014.

COSPA is the famous award event in the ICT industry in China. Since 1994, the Ministry of Industry and Information Technology of PRC has supported the nation-wide China Software Industry Association to organize COSPA. The objective of COSPA is to recommend nation-class software products to government departments, state-owned enterprises and private enterprises.

IPL HRIS is the one-and-only HRM solution to receive the recognition of China Outstanding Software Product title. The development team of IPL HRIS continuously enhances and upgrades the product to cater for the HRM needs of modern enterprises. In the latest version, we expanded our Employee Self-Service functions by developing iPurchase Requisition and iClaim modules. The two new modules facilitate employees to process purchase requisition and OT or expense claim via the web. Management is enabled to grant approval without boundary limitation and employees can enquire the approval status on the user-friendly platform conveniently. The automated process eliminates the workload of HR Department so that they can allocate their time to engage in other strategic tasks.

"It is a long, but meaningful journey for us to gain this honour," said Mr. Allen Lee, Executive Director of C&T Holdings. "Our strategy is to invest continuously in our successful product suites and sustain our market leadership. Receiving this award again means IPL HRIS will gain more exposures and opportunities in the China market, thus expanding our market share in the coming years."

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