CDC Software Acquires Leading Australian Business Intelligence Services Company
July 11, 2007
PlanTec to Strengthen CDC Software’s Market Position in Business Intelligence
 
Sydney, Australia – 11 July 2007 – CDC Software, a wholly owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software applications and business services, announced today the acquisition of PlanTec Limited, a leading provider of business intelligence services and information technology consulting services.

The acquisition provides a strategic fit into Praxa Australia, CDC Software's consulting services company in Australia, and significantly strengthens CDC Software’s position in the Business Intelligence and Services market in the region.

PlanTec brings strong synergies in vendor skill sets and customers to Praxa. PlanTec has market-leading clients that include current projects with Ergon/Energex, Transpacific Industries, UNiTAB, and Sydney Water, which will bolster Praxa’s enterprise, state and federal government installed base nationally.

Founded in 2003, PlanTec is a rapidly growing company in Queensland that specialises in providing Business Intelligence solutions to Health, Retail, Commercial, Telecommunications, Waste and Utilities, and also State and Federal Governments. With more than 30 employees in Brisbane and Sydney, PlanTec has strong partnerships with a wide range of major vendors, including an exclusive partnership with Mincom in Queensland. PlanTec specialises in developing Business Intelligence (BI), Enterprise Document and Content Management solutions (ECM) and integrating mobility solutions systems.

John Clough, chairman of Praxa, comments, “The acquisition of PlanTec is in line with Praxa’s strategy to rapidly expand in the IT market in Australia. This acquisition positions us strongly as a leading business consulting and software services company in the fast-growing Queensland market.

“Over the past 20 years, Praxa has built a strong national client base of government and enterprise clients. Adding PlanTec’s skills to our broad portfolio of services will enable us to offer our customers a stronger reach of services, as well as greater depth in our business intelligence offerings such as Business Objects, Hyperion, Cognos and Microsoft Business Solutions,” says Clough.

Peter Johnson, former CEO of PlanTec and newly appointed general manager of Praxa Queensland, adds, “We’re delighted to be a part of Praxa which allows us to offer our special business intelligence expertise to a national customer base while leveraging Praxa’s market-leading services to existing PlanTec customers.