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November 02, 2006

eFuture Announces its Debut Listing on NASDAQ

BEIJING, Nov. 01 -- eFuture Information Technology makes its debut listing on NASDAQ with symbol: EFUT.

PHOTO: EFUTURE INFORMATION TECHNOLOGY TOWER, BEIJING, CHINA

eFuture Information Technology Inc. (eFuture), a leading provider of integrated software and professional services in China's supply chain front market, announced the closing of its initial public offering of 1,133,500 ordinary shares at $6.00/shar, raising 6.8 million dollars.

The ordinary shares began trading on the Nasdaq Capital Market on October 31, 2006 under the symbol "EFUT".

eFuture is the first Chinese software company listed in NASDAQ CAPITAL MARKET, and also the first software company in the front supply chain market.

eFuture Information Technology Inc. (''eFuture'') is a provider of integrated software and professional services for manufacturers, distributors, wholesalers, logistics companies and retailers in China's supply chain front market.

Posted by Editors at November 2, 2006 03:33 PM | Link to this Post | Bookmark at del.icio.us