Zamage Digital Art Imaging, Inc (ZMGD:PK) subsidiary Everdow is in the process of determining the scope of the project with Shenzhen Development Bank (SDB).
At this stage, EverdowCRM is assessing the bank’s requirements and developing a plan in order to appropriate Everdow’s customer relations management software system for the Bank. EverdowCRM sent representatives from their leadership team, including two managers and several technical engineers, who will conduct a thorough analysis of needs and familiarize themselves with the current bank infrastructure. The outputs anticipated from this preliminary stage are the initial budget, timeline and strategy for development and implementation.
This news directly follows the press release on June 22, which announced that EverdowCRM had signed a contract with Shenzhen Development Bank.
Everdow Software Inc. continues to serve China’s growing population in the telecom, education and banking sectors. Since its inception in 2005, Everdow Software Inc. developed a portfolio of professional products and services and worked with clients known across China and the world.
Zamage Digital Art Imaging, Inc. and its subsidiary Everdow Software (Beijing) Inc. (Wing Road Software Co., Ltd.) focus on delivery of high-tech software solutions in business management industry.
Everdow Software Inc. focuses on business-oriented product development, offering its customers professional, Customer Relationship Management (CRM) systems and easy transaction/information management. Everdow Software Inc. provides reliable software solutions and professional service for various industries (banking, education, manufacturing, etc.). The company’s core products include Everdow Online Examination System, Everdow Customer Relationship Management System and Award-winning Everdow Bank Risk Monitoring System.
Silicon Motion Technology Corporation (Nasdaq:SIMO), a leading fabless semiconductor company that designs, develops and markets semiconductor solutions for multimedia consumer electronics, announced that expected revenue in the second quarter of 2010 will be stronger than the Company’s previous outlook.
The Company expects revenue in the second quarter of 2010 to increase sequentially between 23% and 25%. This is a positive increase over the guidance previously provided by the Company in late April 2010 that revenue would be up 10% to 20% sequentially.
The Company expects second quarter 2010 gross margin excluding stock-based compensation to be in line with its previously communicated guidance of 46% to 48%.
“We are pleased that our Mobile Storage products continue to demonstrate better than expected strength as we leverage our leading-edge controller technology leadership and market share leadership in advanced NAND flash components to take advantage of increased NAND flash supply, specifically from the expanding availability of more advanced components. The first half of 2010 came in better than expected and we continue to believe that this is a year of gradual recovery for Silicon Motion,” said Wallace Kou, President and CEO of Silicon Motion.
Silicon Motion is planning on releasing its unaudited second quarter 2010 results in the last week of July. Details on this as well as our earnings call will be provided in a separate announcement.
Silicon Motion Technology Corporation, a fabless semiconductor company, together with its subsidiaries, designs, develops, markets, and supplies semiconductor solutions for the multimedia consumer electronics market. The company offers mobile storage line of products, which include microcontrollers used in NAND flash memory storage products, such as flash memory cards, USB flash drives, SSDs, embedded flash applications, and card readers. It also provides mobile communications line of products that comprise mobile TV tuners, CDMA radio frequency integrated circuits (RF ICs), and electronic toll collection RF ICs; and multimedia SoC products that support portable multimedia players, DAB systems, PC cameras, and embedded graphics applications. The company sells its semiconductor solutions to original equipment manufacturers and original design manufacturers. It sells products through its direct sales force and distributors in Canada, China, Europe, Japan, Korea, Singapore, Taiwan, and the United States. Silicon Motion Technology Corporation was founded in 2005 and is headquartered in Jhubei City, Taiwan.
Computer Sciences Corporation (NYSE:CSC) announced recently that the U.S. Navy awarded the company a contract to provide information technology (IT) support services. The contract has a one-year base period and four one-year options, bringing the estimated total contract value to $220 million. This contract was awarded to CSC during the company’s fiscal 2010 fourth quarter that ended April 2, 2010.
Under the terms of the agreement, CSC will provide a broad range of IT support, including network operations, real-time processing, enterprise data center, system development and maintenance, and hardware and software integration. CSC will perform work for the Manpower, Personnel, Training and Education Command, and the Naval Education and Training Command at multiple Navy sites and cities across America.
“CSC is proud to build on its rich history of partnership with the U.S. Navy by supporting its crucial work in support of the warfighter,” said Austin Yerks, president of CSC’s North American Public Sector Defense Group. “We look forward to continuing our work with the Navy to provide effective, integrated IT systems and support to maintain, train and equip combat-ready Naval forces.” Computer Sciences Corporation is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. The company has been recognized as a leader in the industry, including being named by FORTUNE Magazine as one of the World’s Most Admired Companies for Information Technology Services (2010). Headquartered in Falls Church, Va., CSC has approximately 94,000 employees and reported revenue of $16.1 billion for the 12 months ended April 2, 2010.
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Source:http://www.tmcnet.com/usubmit/2010/07/08/4891423.htm
