Celframe Headlines

Celframe Solutions Sdn Bhd signs Euros 115 Million Software Distribution Agreement in Nigeria

Deal Provides Opportunities For Revenue Growth In Africa.

Kuala Lumpur February 6, 2008 – Celframe Solutions Sdn Bhd , the leader in alternative software announces today that it has signed a deal to distribute its complete range of product suite including Celframe Office ( An alternative for Microsoft Office ) , Business Solutions, Celframe Internet Security Suite ( Alternative for Norton and McAfee ) in Nigeria.

The agreement is with Abuja-based technology solutions provider Ccewa Technology Systems Limited ( ‘Ccewa’ ). It covers the territory of Nigeria, Africa. Celframe Solutions Sdn Bhd will sell the full range of software products. Ccewa has an established of huge clientele base in the country through its cost effective solutions for the past 6 years and is led by very experienced team of professionals.

The highlights of this newly signed distribution agreement provides exposure to the lucrative Nigerian territories, which are currently growing rapidly. The Company will benefit from Ccewa’s strong local ties, which provides scope for further growth in the area; and Celframe Solutions Sdn Bhd is currently working on further expanding its Software’s reach with launches in South Africa, Middle East and several countries in Europe expected in the coming months.

This deal further cements Celframe Solutions Sdn Bhd's strategy of expanding its distribution base and provides exposure to the lucrative African territories, which are currently experiencing rapid growth in the PC marketplace. Ccewa has already established strong local ties and the focus will be on penetrating the Educational, Government sectors and markets to form licensing relationships with the OEM manufacturers of Personal Computers.

Ccewa will focus on consumer and small business markets with the aim of achieving wide-spread availability of products at prices suitable for the individual territories, where pricing policies must fit local market requirements.

Celframe Solutions Sdn Bhd continues to focus on increasing the territorial distribution base for its growing suite of products. Today’s announcement follows the launch of Celframe Solutions Sdn Bhd Office in Thailand earlier last month.

Gambo, President / CEO of Ccewa Group says: "Ccewa is excited to be associated with Celframe Solutions Sdn Bhd. The technology will help us to retain existing clients in Nigeria, and help us gain new clients from within the expanding markets. Alternative software is being distributed even further afield in this technological age and our distribution deal will make certain that the Celframe Solutions Sdn Bhd range continues to grow its geographic exposure. We are excited in setting up a local office for all supports as well.”

Celframe Solutions Sdn Bhd President Arun Pudur added: “This is an important deal that has taken three months of negotiations. It takes us into markets that require significant local knowledge to succeed. We are pleased to team up with Ccewa and look forward to developing the relationship and opportunities in this important trading area. This deal of Euros 115 Million in 3 years which we consider is just the tip of the iceberg and hope to exceed the expectations within 4-6 months of 2008 itself.”

For further information please visit www.celframe.com or contact pr@celframe.com

About Celframe Solutions Sdn Bhd

Celframe Solutions Sdn Bhd an global IT-based company which defines, designs and delivers IT-enabled business Products and solutions that help Global companies win in a flat world. These solutions & products focus on providing strategic differentiation and operational superiority to clients. Celframe Solutions Sdn Bhd has offices and development centers in US, India, Malaysia and soon will be expanding to Singapore, UK & Australia. Celframe Solutions Sdn Bhd has very diverse and highly distinctive business model. It develops and also acquires territorial rights to 'alternative' software products and markets, sells, distributes and supports these products in place of the vendor in worldwide markets.

###

Back 06.02.2008.