Indus and Yao De Join Forces to Market EAM Solutions in China - Localized Version of Indus Solution Offers Increased Efficiencies and Competitiveness to Companies in Emerging Chinese Market

-- Indus International Inc. (NASDAQ: IINT), the leading global supplier of enterprise asset management software and services , today announced a master software distribution agreement with Yao De Computer Software Co., Ltd., the operational arm of A3 Systems Limited of Hong Kong.

Indus and Yao De Join Forces to Market EAM Solutions in China

Localized Version of Indus Solution Offers Increased Efficiencies
and Competitiveness to Companies in Emerging Chinese Market

ATLANTA, December 11, 2002 -- Indus International Inc. (NASDAQ: IINT), the leading global supplier of enterprise asset management software and services , today announced a master software distribution agreement with Yao De Computer Software Co., Ltd., the operational arm of A3 Systems Limited of Hong Kong. Based in Shanghai, Yao De will market, sell, service and support Indus products in the Peoples Republic of China (excluding Hong Kong, Taiwan and Macau) in order to provide Indus with coverage of the significant and emerging EAM market in this country. The company will also produce and maintain a localized version of Indus EMPAC, one of Indus Internationals premier solutions for enterprise asset management.

The software market in the Peoples Republic of China is growing at an astounding rate, with expected growth of 30 percent over the next two years, and is expected to intensify with Chinas inclusion in the world economic community. China became a member of the World Trade Organization in December 2001. Most of this growth is coming from application software as companies seek to increase efficiencies and become more competitive.

We at Yao De see a tremendous opportunity for us and our customers in Indus International software," said Alan Lau, CEO of Yao De. Indus EMPAC is a good fit for our focused industries, such as power transmission and distribution, oil and gas, petrochemical and process manufacturing industries. And, its multilingual capabilities will facilitate our localization and our sales efforts. By distributing Indus software to our customers, we feel that we can increase the competitiveness of our company and that of our customers."
We are very pleased to sign this agreement with Yao De, an experienced and respected distributor and IT service provider, to increase our presence in China," said Tom Madison, chairman and CEO of Indus International. China is a growth market for Indus, and we see significant opportunity there. We have had a great deal of success in partnering with leading companies to market our solutions in the Asia-Pacific region, particularly in Japan where utilities are just beginning to deregulate. By joining with a company with the resources and expertise of Yao De, I feel confident we can also build a leading position in China and strengthen our leading share of the global EAM software and services market."

Yao De offers numerous capabilities in the China area, which helped to cement the agreement. The company does more than resell foreign software companies applications. It bridges the gap between foreign software vendors and local channel partners (e.g. ISVs, resellers, etc.) to leverage their industry know-how and relationship. Yao De also adds significant value through the establishment of Technical Centers of Excellence, development of specific IP addresses, localization and customization of applications and project management support and supervision.

Indus has looked long and hard to find the best partner to increase our presence in the Chinese market, and we have chosen Yao De as our master distributor," said Peter Wirth, Asia-Pacific regional director for Indus. With their resources, connections and focus in the EAM industry, as well as their track record of success, Im certain Yao De will help drive Indus International to the top of the Chinese EAM market."

About Yao De
Yao De is a leading Total Solutions Provider catering to the Power, Telecommunications, Financial Services, Distribution and Logistic Industries. We offer innovative technologies and solutions, together with professional services and support, to facilitate business across Asia.
Our customisable vertical industry and enterprise solutions help automate business processes, hasten time-to-market and increase cost savings through the better use of assets. As the exclusive partner of leading technology providers such as GE Network Solutions and Indus International in China, we are able to leverage on our partners technologies and support to provide tailored best-of-breed solutions to our customers.
Yao De is the Industry Solutions and Internet Applications arm of North 22 Technology Services Group Limited (listed on the Singapore Exchange), and is headquartered in Hong Kong with offices in Singapore and mainland China.

About Indus International
Indus International is the world's only company offering a full range of asset management solutions that are global across all industries and scalable to diverse business sizes. Indus is the market-leading supplier of EAM software and services, according to ARC Advisory Group's EAM/CMMS Solutions Worldwide Outlook. Indus software products, professional services and hosted service offerings improve our clients profitability by allowing them to better manage their assets -- reducing costs, increasing capacity and competitiveness and ensuring regulatory compliance. Indus solutions are used by more than 300,000 end users in more than 40 countries and diverse industries -- including manufacturing, utilities, telecommunications, government, education, transportation, facilities and property management, consumer packaged goods and more. For more information, visit our Website at http://www.indus.com.

Safe Harbor Statement
Statements in this press release that are not strictly historical, including but not limited to statements regarding Indus market position, customer base and the impact on future financial results, are ``forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company's products and services, the ability to complete software development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company's most recent periodic filings with the Securities and Exchange Commission, including its 2001 Annual Report on Form 10-K filed on April 1, 2002, and subsequent filings on Form 10-Q.

Indus is a trademark of Indus International Inc. Other company and product names may be trademarks of the respective companies with which they are associated.

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