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eFuture Introduces myStore Backed Omni-Channel Solutions to Shanxi Meetall

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eFuture Information Technology Inc

Guanghua Road Chaoyang District, Beijing, 00026, China

Original Press Release

eFuture Introduces myStore Backed Omni-Channel Solutions to Shanxi Meetall

Press release date: March 26, 2014

BEIJING - 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 an strategic agreement to provide a series of omni-channel solutions for Shanxi Meetall Chain Supermarket Co., Ltd., a subsidiary of Shanxi Meetall Group ("Meetall Group" or "the Group"), a leading Chinese grocery retailer and member of the global SPAR International group. The signing ceremony was held in Taiyuan, Shanxi, and was attended by Mr. Dequn Zhu and Ms. Aixiang Li, Chairman and President of Meetall Group, and Mr. Dehong Yang, President of eFuture, among others.

Alongside supermarkets, Meetall Group's portfolio also includes karaoke bars, cinemas and teahouses. The Group operates more than 80 supermarket stores that span many cities in Shanxi, Shandong, Hebei and Inner Mongolia, and connects to 60 million customers throughout China, making it one of the largest national retailers in the North China market.

Under the agreement, eFuture will provide a series of omni-channel solutions, powered by myStore, a unified solution including logistics management system designed to increase the performance of their supply chain, along with the construction of an e-commerce and mobile internet application service. The new solutions and services will be rolled out onto all of Meetall Group's future supermarket stores. Dehong Yang, President of eFuture, commented on the deal. "Our agreement with Meetall Group is a sign of things to come, in which we will push ahead with our endeavours to build a strong omni-channel mobile internet presence in the China market while we continue to create the very best consumer experience."

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.

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