(COMTEX) B: Subsidiary Launches New Enterprises Management Software S
B: Subsidiary Launches New Enterprises Management Software SalesNet and
Timekeeper 2001
New York, New York, Jan 19, 2001 (Market News Publishing via COMTEX) -- The
Hartcourt Companies Inc., hartcourt.com, an investment and
development company focused on Internet infrastructure and content delivery,
announced that the Logicspace unit of StreamingAsia, its Hong Kong-based
subsidiary, has launched the latest generation of its enterprise management
solution software SalesNet 2001 and TimeKeeper 2001.
"Demonstrations of the software applications at the ASP World Conference and
Expo last week were met with wide acceptance," said Ginger Lau, Marketing
Manager of StreamingAsia.
SalesNet 2001 is a versatile and easy to use sales management software tailored
to meet the needs of sales and marketing executives at small to medium sized
companies. The software can be operated in the client/server mode or installed
in the workstations of end users.
SalesNet 2001 can keep account and customer contact information in a corporate
database that can be shared by different management levels while eliminating
data loss. Management executives and sales staff can track the progress and
projected sales of each transaction anytime, anywhere. The software can also
provide instant sales forecasting for better sales planning and management.
SalesNet 2001 can facilitate more efficient information flow as well as time
saving steps not available from conventional forecasting reports.
To further expand the capabilities of the software, SalesNet 2001 will also
support WAP and PDA access to enhance mobile data retrieval and provide further
convenience for clients who travel frequently or work outside of the office.
All information stored in SalesNet 2001 can be secured based on the needs of
clients. Role level security is also available to protect the integrity of the
information by eliminating leakage to other internal or external sales units.
TimeKeeper 2001 is an Internet/ Intranet based Human Resources Management and
project cost control software suitable for companies with a large workforce.
TimeKeeper 2001 can store employee records including attendance, sick leave and
annual leave. Clients can keep track of these records through a web browser
anytime, anywhere. Employees can also easily check their annual leave balances
from the web, thus reducing the administrative effort of the HR department and
operations team.
Clients can also compute the manpower cost of each project and productivity of
employees based on the information from TimeKeeper 2001. With TimeKeeper 2001,
clients can allocate their human resources more effectively and conduct instant
cost forecasting and planning to enhance the productivity and profitability of
their companies.
Hartcourt CEO, Dr. Charlie Q. Yang, commented, "The latest generation of
LogicSpace's management software is a fine complement to the menu of products
currently being marketed throughout Asia by the sales team of StreamingAsia. We
are happy with the maturation of these companies and anticipate significant
revenue growth later this year and beyond. It is my intention to elaborate on
the growth potential of the markets we serve when I host an open meeting with
Hartcourt investors later this month in Washington, D.C."
Dr. Yang's investor meting is scheduled for Monday, January 29th, 2001, and will
be held at the Hyatt Regency Hotel, Bethesda, Maryland, from 7-9 PM. The hotel
is located at One Bethesda Metro Center. Directions to the location can be
obtained from the information center at the hotel by calling 301-657-1234.
Those wishing to attend the event are kindly asked to make reservations with Ms.
Grace Li at The Hartcourt Companies, Inc., in Los Angeles, 310-410-7290 ext.
203.
About StreamingAsia and LogicSpace
The Hartcourt Companies, Inc., which owns 50% of StreamingAsia, announced on
September 21, 2000 that it has signed an underwriting agreement for an Initial
Public Offering of StreamingAsia. StreamingAsia (http://www.streamingasia.com)
provides a wide range of Internet services including software for Web portals
for the delivery of "streaming" or live and on-demand video and audio content
over the Internet, content publishing, web page design, system architecture and
solution implementation.
Established in Silicon Valley in 1997, Logicspace, (http://www.logicspace.com) a
wholly owned subsidiary of StreamingAsia, has extensive business development
offices in Southeast Asia including China, Singapore, Taiwan and Hong Kong.
Logicspace specializes in ASP, XML, JAVA and JAVASCPRIT applications, web page
design, system architecture and solution implementation as well as professional
consultation services relating to Internet and e-Commerce solutions.
Detailed information on Hartcourt can be obtained via the company's Web site,
hartcourt.com.
Forward-looking statements
Certain statements in this news release may constitute "forward looking"
statements within the meaning of Section 21E of the Securities Exchange Act of
1934. Such forward looking statements involve risks, uncertainties and other
factors, which may cause the actual results, performance or achievement
expressed or implied by such forward looking statements to differ materially
from the forward looking statements. |
