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C&T Acquires Sanyo Extended System Services Limited

February 10, 2015

 

Hong Kong, February 6, 2015 - Computer And Technologies Holdings Limited ("C&T Holdings" or the "Group", Stock Code: SEHK 00046) announced today that it has completed the acquisition of 100% of Sanyo Extended System Services Limited ("Sanyo Extended"), a well-established Enterprise Retail Management (ERM) product company specialized in Point-of-Sale and related management systems software and solutions.

With more than 30 years of expertise in ERM solutions and services for large-scale retailers, Sanyo Extended is serving a prestigious pool of customers comprising international brands, listed companies as well as many renowned leaders in respective industries like apparel, sportswear and specialty stores.

Its flagship ERM product – ChainStore2000 is empowering more than 1,000 sales outlets of various customers in Hong Kong, China, Japan and other regions. ChainStore2000 offers comprehensive operational and management features covering cashier, back office, inventory management and warehouse functions etc. The latest mobility modules have further uplifted flexibility and user experience.

Enriching the Group’s Software Business, the Sanyo Extended professional software and service team as well as the ChainStore2000 product suite will further complement the Group’s Human Resources Management (HRM), Enterprise Information Management (EIM) and Enterprise Procurement Management (EPM) teams and products, resulting in a more comprehensive software product portfolio of the Group to better serve the enterprise market.

"It is my pleasure to welcome Sanyo Extended to C&T family," said Mr. C S Ng, Chairman of C&T Holdings. "This acquisition has further expanded the breadth of our Software Business as well as the diversity of our customer base generating strong recurrent revenue. By leveraging the market leadership of Sanyo Extended, the Group is well positioned to capture the growing demand from premium retailers in Asia for sophisticated ERM solutions in managing business growth and the ever-changing customer preferences. We are confident that the Group’s strong establishment and boarder market reach will boost further the competitiveness of ChainStore2000 and thus create synergy effect thus contributing to the further growth of the Group."

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About C&T Holdings

Computer And Technologies Holdings Limited ("C&T" or the "Group", Stock Code: SEHK 00046) is a leading IT software and service provider in Asia involved in the design, delivery and operation of total IT solutions for the Government departments and corporate enterprises. Building on its successful track records, the Group provides comprehensive IT services from system and network integration, IT solutions implementation and software development, enterprise application software, on-line e-Government and e-Business platforms, as well as business process outsourcing services. For more information, please visit our website at www.ctil.com..

For enquiries, please contact:
Miss Emma Wong
Tel : (852) 2217 1511
Fax : (852) 2503 8400
Email : [email protected]