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Product Updates

Platinum Launches Major New Version of its HRM Solution in China

2008-10-28


Platinum HRM Provides Employee Self-Service Capabilities and Improved Usability and Performance To Help Increase Productivity and Reduce HR Costs

HONG KONG, ATLANTA, October 28, 2008—CDC Software, a wholly-owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software and services, today announced the general availability of Platinum HRM 8.0.1, a major new version of its human capital management (HCM) solution that provides significant new features, including employee self-service (ESS) capabilities and usability, as well as performance enhancements, to help further increase productivity and reduce overall human resources costs.

Platinum HRM was specifically designed to help address the business and regulatory requirements of mainland China and Hong Kong for multinational companies operating in China, small- and medium-sized domestic companies, and state-owned enterprises. With more than 1,000 customers, including several globally recognizable brands, Platinum HRM is considered one of the leading HCM solutions in China.

The latest version of Platinum HRM features an ESS engine that allows employees to access and update HR information through a company###s intranet or portal at any time. With this new version, employees can now download files about corporate policy, make announcements and receive reminder information, look up and request adjustments to personal information, apply for overtime, and make vacation requests - - all in a user-friendly format. Also, managers can query information and generate reports about personnel, and make decisions online about employee requests.

"The enhanced functionalities of ESS in Platinum HRM v 8.0.1 enables us to interact with our employees in a new way," said Zhu Baorong, managing director at Kiswire China, one of the leading global providers of specialty steel wire. "Our internal communication has become more transparent and timely, which frees up our HR resources so they can focus on other strategic projects."

Platinum HRM###s new version release also provides several other new application features which provide enhanced visibility into a company###s human resource activities. These enhancements include upgrades to system security, allowing for control over the scope of information an employee can access in the system, as well as upgrades to the security control of data export. Furthermore, there are several enhancements to functionalities in taxation and salary calculation, including a Wuxi IIT (individual income tax) calculation update, multiple bonus sum up and one-time bonus taxation, salary and IIT calculation, among others.

"We are excited with this major new version of Platinum HRM since it helps customers realize even greater efficiencies in their HR operations," said Sean Yu, vice president, Development at CDC Software and chairman of CDC Software (China). "These new and enhanced features further support the relationship between employees and HR departments that help to not only increase productivity, but also reduce costs."

The latest version of Platinum HRM is available in the Chinese and English languages.


About Platinum HRM

Platinum HRM is a leading human capital management (HCM) solution specifically designed to meet the business and regulatory requirements of mainland China and Hong Kong. The Human Resources and Payroll applications are used by more than 1,000 companies, including multinationals, small- and medium-sized domestic companies, and state-owned enterprises. Customers of the Platinum HRM solutions include Philips Electronics (Beijing), Ingersoll Rand China, Mitsubishi Chemical (Ningbo), Beijing SE PUTIAN Mobile Communications Co., Ltd (BMC) a Sony Ericsson investment, Omni Industries and Merial Animal Health. For more information on Platinum HRM, please visit:www.platinumchina.com.


About CDC Software

CDC Software, The Customer-Driven Company™, is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software###s product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), e-M-POWER (discrete manufacturing), CDC Supply Chain (supply chain management ,warehouse management and order management), Pivotal CRM and Saratoga CRM (customer relationship management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources) and business analytics solutions.

These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. CDC Software is the enterprise software unit of CDC Corporation (NASDAQ: CHINA) and is ranked number 12 on the MBT 2007 Global 100 List of Enterprise and Supply Chain Management Application vendors. For more information, please visit:www.cdcsoftware.com.


About CDC Corporation

The CDC family of companies includes CDC Software focused on enterprise software applications and services, 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.

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