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EFuture To Launch Cloud Service Offering During Its 5-Year NASDAQ Listing Anniversary

DAILYHOSTNEWS, November 1, 2011 –  eFuture, a leading provider of software and services in China’s rapidly growing retail and consumer goods industries, yesterday announced that it will celebrate the fifth anniversary of its NASDAQ listing and the launch of its cloud service offering on November 4, 2011 at the 13th China Retail Industry Convention. eFuture debuted on the NASDAQ on October 31, 2006.

Organized by the Chain Store & Franchise Association (“CCFA”), the 13th China Retail Industry Convention and China Chain Store Expo will be held from November 4-6, 2011 in Changsha, Hunan Province. eFuture’s cloud service launch and fifth anniversary listing celebration will take place on Friday, November 4, 2011, and will be attended by senior executives from China’s Top 100 retailers, industry experts and representatives from leading media outlets.

eFuture’s cloud service offering will consist of a mobile-based Sales Force Automation (“SFA”) platform that sales teams of consumer goods companies can access via Android or iPhone. Rather than being required to make a significant upfront license fee payment, cloud service users are charged a monthly fee, therefore resulting in a cost-effective solution for clients and recurring revenue for eFuture.

Designed specifically for the fast moving consumer goods industry, this user-friendly solution speeds up and simplifies all aspects of the sales process. eFuture’s cloud service offering enables clients to increase revenue by taking advantage of real-time information on replenishment and promotions, as well as by allowing sales teams to intensify their focus on managing customer relationships, and by providing tools to enhance the performance of travelling sales representatives.

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About eFuture Information Technology Inc.
eFuture Information Technology 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.

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