New York, New York 6/22/2007 9:48:11 PM
News / Business

e-Future Information Technology Inc. (Nasdaq: EFUT), announced that it was selected by Jusco and its parent company Aeon Co., Ltd. to provide POS and Customer Relationship Management solutions for over 10 stores operated in China.

News Source: Stockwire - http://www.stockwire.com/EFUT
 
  e-Future Information Technology Inc. (Nasdaq: EFUT), a leading front supply   chain management software and service company in China, today announced that it   was selected by Jusco and its parent company Aeon Co., Ltd. to provide POS and   Customer Relationship Management solutions for over 10 stores operated in China,   and to implement these solutions within the next 12 months to optimize its store   operation and improve customer service.
 
  Jusco's parent company, Aeon   Co., Ltd., is the top one retailer in Japan, and is in the top 17 in the world.   It is a retailing group of over 150 member companies in Japan and their overseas   business model is based on shopping center operations. Under its "glocal"   (global+local) strategy, AEON aims to be the best local retailer in all of its   locations by combining world class management systems with merchandise and   services that are fine-tuned to local needs and characteristics.
 
  "Mainstream customers are increasingly embracing technologies to gain   greater management on their processes and customer services," said Adam Yan,   Chairman and chief executive officer. "By implementing e-Future's store   applications, we can help Jusco and Aeon sharpen their back-of-store processes,   improve store-planning capabilities and expedite workflow for inventory   management. We are honored to provide our applications and services for Jusco   and Aeon group in ways that will not only improve its process management but   also reduce costs and improve efficiency of their operations. We will continue   to help our clients, especially our global accounts, such as Proctor &   Gamble, Johnson & Johnson, B&Q, and GUCCI etc., to expand their business   horizons in China.''
 
  About Aeon Group
 
  Jusco's parent company,   Aeon Co., Ltd., is a retailing group of over 150 member companies in Japan and   their overseas business model is based on shopping center operations. Under its   "glocal" (global+local) strategy, AEON aims to be the best local retailer in all   of its locations by combining world class management systems with merchandise   and services that are fine-tuned to local needs and characteristics. With   customers' understanding and support, AEON has grown to become the leading   company in Japan's retail industry. AEON has evolved into a corporate group with   considerable social and economic influence and responsibilities in Japan.
 
  About e-Future Information Technology
 
  e-Future is a leading   provider of integrated software and professional services for manufacturers,   distributors, wholesalers, logistics companies and retailers in China's supply   chain market. e-Future's customers are centered in the retail, automotive,   general household appliance and consumer goods industries. Its solutions are   specifically designed to optimize demand processes from finished goods to   customer checkout and to address supply chain management, business processes,   decision support, inventory optimization, collaborative planning and forecasting   requirements. e-Future's software solutions business is enhanced and supported   by its consulting services and ongoing maintenance on existing software   installations.
 
  e-Future provides software products and services to over   600 clients, including over 300 retailers and over 200 distributors and Fortune   500 companies from across the world that are doing business in China. These   clients include Proctor & Gamble, Johnson & Johnson, Kimberly-Clark, the   Chang'an Motors and Ford Motors joint venture and other large companies   operating in China's domestic markets, such as PANRIC, HAIER, SUNING, PARKSON,   SOGO, Wangfujing, Homeway (acquired by Home Depot), Orient Home, China duty-   free stores and AYAYA, etc.
 
  e-Future currently has 30% of the top 50   retailers in China and 30% of top 500 retailers in China. e-Future has also been   selected to provide the retail software for B&Q China, GUCCI China, Mickey's   Space franchised store that sell Disney products in China.
 
  During   pre-market trading shares are up 6% to $20.22.
 
  As the saying goes...follow the money!

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