Boxalino AG

Founder Spring and Boxalino to provide innovative technologies to the Chinese market place

Zurich (ots) - Founder Spring and Boxalino AG, respectively a Chinese Software Development & System Integrator company belonging to Founder Group and a Swiss high-technology company, announced today the signature of an important agreement to deliver Boxalino`s innovative intelligent search technology to the customers of Founder Spring in China. Boxalino's proprietary technologies provide a guided-search engine that offers a new type of search experience by enabling step-by-step guidance within the search process, while Boxalino's Profiling & Recommendation engine offers a new level of real-time recommendation by leveraging user communities within a social framework. "We believe that Boxalino's technologies will greatly increase our revenue model, while enhancing the satisfaction and overall experience of our customers", said Yang Yan, Executive Director of Founder Spring, "Our goal is to demonstrate that users can be able to execute any action within our software without requiring human support." "Founder Spring has been a key player in providing software to the Chinese government and we believe they are the perfect partner to broadly offer our software to their distinguished clients while leveraging their expertise in system integration and professional services." said Erick Caron, CEO of Boxalino. ABOUT FOUNDER SPRING Founded in 1986 with an investment from Peking University, the Founder Group is a well-known IT enterprise in China and plays an important role in the development of China's IT industry. With a total staff of over 20,000, Founder Group now owns 5 listed public companies on the securities exchanges of Shanghai, Shenzhen, Malaysia and Hong Kong, as well as more than 20 wholly-funded companies and joint-ventures both home and abroad. It is one of the first 6 government-approved technical innovation units, one of the top 500 large state-owned enterprise groups and one of 120 large selected pilot enterprise groups. Most importantly, it achieved revenue of 30 billion yuan in 2006. The subsidiary Founder Spring serves as the Software Developer (SD) & System Integrator (SI) for the entire portfolio of companies. Founder Spring's business is primarily devoted to offering SD & SI services to government entities at the Central, Provincial, Municipal level with a China wide presence. Focus areas include Ministry of finance, universities and financial institutions. Founder Spring currently has 250+ employees mostly based in Beijing to service the bulk of their government business. ABOUT BOXALINO Founded in 1994 and headquartered in Zurich, Switzerland, Boxalino is a high-technology software company offering advanced software development tools and technologies in the fields of intelligent search, customer care, personalization and profiling. Boxalino's proprietary technologies provide a guided-search engine that offers a new type of search experience by enabling step-by-step guidance within the search process, while Boxalino's Profiling & Recommendation engine offers a new level of real-time recommendation by leveraging user communities within a social framework. To address the local needs of our global customers, Boxalino has established R&D and business development subsidiaries in Asia Pacific (Beijing, Greater China) and North America (Montreal, Canada). ots Originaltext: Boxalino AG Internet: www.presseportal.ch Contact: Founder Spring Shubin Shi Chief Technology Officer Phone: +86/10/8252'4220 E-Mail: shishubin@founder.com Boxalino Nadege Basset Executive Assistant to CEO Phone: +86/10/8569'1997 E-Mail: corporate@boxalino.com

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