Cincom Goes to China

Opens office in Shanghai

CINCINNATI, Ohio (PRWEB) December 20, 2003 --Cincom Systems, Inc., a pioneer and leader in the software industry, announced today the scheduled opening of an office in Shanghai, China, set to be fully operational by January 2004.

According to Cincoms Robert Fitzgerald, director of the new office, Initial staffing will be between 10 to12 people, most of which will be added by February 2004. We already have two major clients in China using our CONTROL manufacturing product. Because of market demand we now have a Chinese version of the client server version of CONTROL and will be initiating localization of the CONTROL 2004 Windows version"
CONTROL is a portfolio of web-based ERP solutions for manufacturers of complex products. It is designed for activities such as business planning, business acquisition, order management engineering, procurement, repair and overhaul, costing, financial accounting, and services.

This is another aggressive step into the future by the Cincoms hard charging CEO Tom Nies, following up and taking advantage of Cincom continuing success. Cincoms fiscal year 2003 financial performance was the best in its 35-year history. Highlights include:
·   A 47 percent increase in new sales
·   A 106.8 percent Return on Invested Capital (ROIC)
·   Earnings Per Share of $1.75; double that of 2002; ten times that of 2001*
·   A record profit ; more than double 2002s former record profit year
·   The 18th straight year of more than $100 million in revenue
·   Surpassed $3 billion in total revenues generated

About Cincom
Cincom, the world's most experienced software company, builds, sells, and supports software for 1) data access and integration, 2) process automation, 3) manufacturing business solutions, and 4) business communications. Cincom serves thousands of clients on six continents including BMW, Citibank, Boeing, Northwestern Mutual, Federal Express, Ericsson, Prudential Financial, Christian Children's Fund, Mayo Health System, Penn State University, Messier-Dowty, Siemens, Rockwell Automation, Bertelsmann Music Group (BMG), and Trane.
For more information about Cincom products and services, contact us at 1-800-2CINCOM in the U.S., send e-mail to info@cincom.com, or visit the company's web site at www.cincom.com.