BEIJING, July 8, 2011 (GLOBE NEWSWIRE) -- eFuture Information Technology Inc. (Nasdaq:EFUT) (the "Company", or "eFuture"), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced that it has signed a contract to provide its eFuture ONE POS-ERP Department Chain Store Solution ("the solution") to Yansha Outlets Shopping Center ("Yansha Outlets"), which is the first outlet center in China. The solution consists of headquarters management, store operation and supply chain management systems.
Adam Yan, Chairman and Chief Executive Officer of eFuture, commented, "I'm delighted that the Yansha group has once again chosen to take advantage of eFuture's integrated portfolio of end-to-end solutions, which offer enhanced decision making and responsiveness to consumer demands, increased efficiency, and ultimately drive profit growth. Capitalizing on strong relationships with existing customers has helped drive eFuture's healthy revenue growth during recent quarters, as the Company has benefited from customers demanding one-stop solutions as they expand geographically and across verticals. We will continue to invest in research and development to maintain the attractiveness and effectiveness of our software and service offerings as we pursue revenue growth from both new and existing customers and seek to further enhance our margin profile."
Yansha Outlets opened in November 2003 as China's first standardized outlet center. It covers 100,000 square meters of commercial floor space and offers customers off-season products from domestic and international brands.
About eFuture Information Technology Inc.
eFuture Information Technology Inc. (Nasdaq:EFUT) is a leading provider of software and services in China's rapidly growing retail and consumer goods industries. eFuture provides integrated software and services to manufacturers, distributors, wholesalers, logistics companies and retailers in China's front-end supply chain (from factory to consumer) market, especially in the retail and fast moving consumer goods industries. For more information about eFuture, please visit http://www.e-future.com.cn.