Visionary Global Technology Entrepreneur Peter Yip Of Cdc Software Plans To Visit India; Visit To M

Press Release for Immediate Publication

Press Release for Immediate Publication

Visionary Global Technology Entrepreneur Peter Yip of CDC Software Plans to Visit India;

Visit to Mark Next Level of Planned Growth for Companys India Operations

BANGALORE, May 22, 2010: Peter Yip is fashioning a global technology empire that spans the enterprise software spectrum from ERP, CRM to SCM among others. He also pioneered off shoring in India way back in 1978 with Yipkon Business System which he co-founded, along with Kumar Konanur that he later sold to MCI WorldCom. Among various authors including former -Chinese Premier Zhu Yongji, Peter wrote a chapter on the Internet in the book The China's Century: The Awakening of the Next Economic Powerhouse by Laurence Brahm. Ranked among Asias Digital Elite 25 by Asia week in 2000, Peter Yip, CEO and Vice Chairman of CDC Software (NASDAQ: CDCS), plans to visit India for four days starting May 25th. On the first day, he is scheduled to address a media event in Bangalore and make an announcement about CDC Softwares India operations and its next level of planned growth. He then plans to travel to Mumbai for high profile customer meetings and then to Delhi where he is expected to meet senior government officials and industry executives.

On his India visit, Mr. Yip said, I am happy to be going back to India where it all began for me as an entrepreneur. I look forward to meeting thought leaders here and also discussing the next level of growth for our India operations.

Peter holds an MBA from the Wharton School, an MS and BS in Electrical Engineering from the University of Pennsylvania and an Associate degree in Engineering and an honorary Doctorate degree in business from Vincennes University, Indiana. He has made a number of successful co-investments with institutional investors and corporate investors, including Temasek Holdings Company, Bechtel Enterprises Inc., Mitsui & Co. Ltd., America Online, Inc. and the Merrill Lynch-Fred Adler Technology Fund II, among others. Peter previously held management positions at KPMG Consulting and Wharton Applied Research. In 2000, the Wharton Business School presented him with its Asian Alumni Entrepreneur Award.

About CDC Software: CDC Software (NASDAQ: CDCS), The Customer-Driven Company, is a hybrid enterprise software provider of on-premise and cloud deployments. Leveraging a service-oriented architecture (SOA), CDC Software offers multiple delivery options for their solutions including on-premise, hosted, cloud-based Software as a Service (SaaS) or blended-hybrid deployment offerings. CDC Software's solutions include enterprise resource planning (ERP), manufacturing operations management, enterprise manufacturing intelligence, supply chain management (demand management, order management and warehouse and transportation management), e-Commerce, human capital management, customer relationship management (CRM), complaint management and aged care solutions. . For more information, please visit www.cdcsoftware.com.

by: Aaron Sam

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