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GEONG International Ltd. (GNG)

 7.63p
   
  • Change Today:
      0.000p
  • 52 Week High: 43.00
  • 52 Week Low: 7.25
  • Currency: UK Pounds
  • Shares Issued: 37.83m
  • Volume: 39,867
  • Market Cap: £2.88m
  • RiskGrade: 462
  • Beta: 0.20

New Contract Wins

24 November 2006 GEONG INTERNATIONAL LIMITED NEW CONTRACT WINS

GEONG International Limited ("GEONG" or "the Company"), the AIM listed, Beijing based, provider of content management software and solutions, announces that its wholly owned subsidiary, GEONG Business Networks Limited, has signed two agreements with IBM Global Business Service ("IBM GBS") to provide its PortalAge based solutions to Motorola China Electronics Ltd ("Motorola"). The amount of the contracts total approximately US$153,000.

GEONG will assist IBM GBS to enhance and develop Motorola's Channel Management platform in China.

Motorola was recently ranked number 6 in China's Top 500 Manufacturers List published by the National Bureau of Statistics of China and was the only foreign company that made its way into the top 10.

Wang Weidong, Chief Executive of GEONG, commented: "We are delighted to be working with Motorola China. Their addition to the list of blue chip clients we work with is yet another positive step for GEONG."

-ends-

For further information, please contact:

GEONG International Limited Tavistock Communications Ruegg & Co Limited Henry Tse, Chairman

Paul Dulieu Brett Miller Wang Weidong, CEO Matt Ridsdale Roxane Marffy T: +86 10 877 30066 T: +44 (0)20 7920 3150 T: +44 (0)20 7584 3663

GEONG INTERNATIONAL LIMITED

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

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