Press Release Summary:
Ross ERP v6.3.2 automates, processes, and provides documentation that helps chemical companies comply with their obligations under specific guidelines set forth in European Union REACH legislation. It is intended to address REACH directive that forbids sale of unapproved products within European Economic Area. Also, software assists U.S. and other non-EU companies in complying with REACH reporting.
Original Press Release:
CDC Software Releases New Version of Ross ERP That Helps Worldwide Chemical Manufacturers Comply with Recent European Union Regulations
Ross ERP Version 6.3.2 Helps Provide Compliance with EU's REACH Regulation
HONG KONG, ATLANTA - March 17, 2009 - CDC Software, a wholly-owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software applications and business services, announced today the availability of Ross ERP version 6.3.2, the latest version of its enterprise resource planning application solution that helps chemical manufacturers comply to recent international regulations.
The new version of Ross ERP automates, processes and provides documentation that helps chemical companies comply with their obligations under the specific guidelines set forth in the European Union (EU) legislation called Registration, Evaluation, Authorization and Restriction of Chemical Substances (REACH), which became effective in June 2007, and which has recently been supplemented in January 2009. Ross ERP version 6.3.2 not only helps EU companies maintain compliance with REACH, but it also assists U.S .and other non-EU companies to comply with REACH reporting.
More specifically, Ross ERP version 6.3.2 addresses the EU REACH directive that forbids the sale of unapproved products within the European Economic Area (EEA) (EU, Iceland, Liechtenstein, and Norway). Furthermore, REACH requires registration and selective evaluation of more than 30,000 chemical substances and it applies to chemical substances manufactured in, or imported into, the EU for ownership or conversion into finished products.
REACH is designed to help ensure that all parts of the supply chain -- from manufacturers to downstream users such as distributors -- have the information they need to use certain chemicals safely. This requires several steps, including the communication of information related to the health, safety and environmental properties of these chemicals, as well as required risk and risk management measures up and down the supply chain.
"We are delighted to see this new version of Ross ERP offering these enhanced compliance capabilities specific to the chemical industry," said Kelly Starr, executive vice president, Finance and Administration, at Summit Industrial Products, a global manufacturer of quality synthetic lubricants and other industrial products, and a long-time Ross Enterprise customer. "We expect that this latest version of Ross will help chemical manufacturers simplify management of the increasing complexity in domestic and international regulatory compliance."
"The increasing complexity of regulations in the EU comes at a time of growing commoditization, shifting global demand and intense competition in the chemical industry," said Alan MacLamroc, global chief product and technology officer, CDC Software. "With all these regulations, particularly REACH, chemical manufacturers are weighing the costs for compliance against their overall profitability. We believe Ross ERP is one of the lowest total cost of ownership solutions that help chemical manufacturers balance their operational costs and margins, while streamlining the compliance process for REACH. This also will help chemical manufacturers minimize the financial and risk impact to their bottom line."
The latest version of the Ross Enterprise suite further extends CDC Software's comprehensive portfolio of compliance solutions for the process manufacturing industry. CDC Software also supports IT compliance through its CDC Global Services business unit; product compliance through its Ross Enterprise solutions that support FDA, HACCP, Track and Trace, Good Manufacturing Practice (GMP), 21CFR Part 11 and others specific to the Food and Beverage, Life Sciences and Chemical industries; Environmental Health and Safety (EH&S) through partnerships; and Financial compliance through Ross Enterprise's financial applications that support Sarbanes-Oxley reporting.
About Ross Enterprise for Chemicals
Ross Enterprise is CDC Software's comprehensive suite of applications for chemicals manufacturers. The suite of applications includes enterprise resource management (ERP), supply chain management (SCM), warehouse management, customer relationship management, real time performance management and business analytics. Together, these systems help address unique challenges facing companies in the chemicals industries including the need for detailed product costing and profitability analysis, optimized forecasting and scheduling, efficient management of highly variable raw materials, improved order fulfillment and customer service, inventory optimization, and compliance with global and domestic regulations. Ross Enterprise is currently used worldwide by chemical manufacturers including SI Group, Kluber Summit Industrial Products, Daicel Chemical, Sachem, Georgia Gulf, PTM Engineering Plastics Co, Ltd., Maruzen Petrochemical and Achilles USA. For more information, visit www.rossinc.com.
About CDC Software
CDC Software, The Customer-Driven Company(TM), is a provider of enterprise software applications designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software's product suite includes: CDC Factory (manufacturing operations management), Ross ERP (enterprise resource planning) and SCM (supply chain management), CDC Supply Chain (supply chain management, warehouse management and order management), e-M-POWER (discrete manufacturing) Pivotal CRM and Saratoga CRM (customer relationship management), CDC MarketFirst (marketing automation and lead management), Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, Platinum HRM (human resources), and business analytics solutions.
These industry-specific solutions are used by customers worldwide within the manufacturing, financial services, health care, home building, real estate, and wholesale and retail distribution industries. The company completes its offerings with a full continuum of services that span the life cycle of technology and software applications, including implementation, project consulting, outsourced business services, application management and offshore development. For more information, please visit www.cdcsoftware.com.
About CDC Corporation
The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net.