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Strategies & Market Trends : PSOF- Pansoft Company

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To: Saulamanca who wrote (11)5/28/2010 10:58:39 AM
From: Saulamanca   of 14
 
China's Pansoft Aims for ERP Empire 5/24/2010 10:58:27 AM

Pansoft, a middle-market Chinese ERP software firm specializing in the oil and gas industry, hopes to expand via M&A. CFO Allen Zhang discusses the company's acquisition and capital-raising strategies with Dow Jones Investment Banker's Greg Millman.

online.wsj.com

JINAN, CHINA--(Marketwire - 05/28/10) - Pansoft Company Limited (NASDAQ:PSOF - News) ("Pansoft" or the "Company"), a leading ERP software service provider for the oil and gas industry in China, today announced that the Company's Chief Financial Officer, Allen Zhang, was featured in a live video interview with Greg Millman of Dow Jones Investment Banker.

The interview covered the Company's perspective on U.S. capital markets and its aggressive merger and acquisition expansion strategy in 2010. Mr. Zhang discussed the strength of U.S. capital markets and the Company's plans to finance future acquisitions to continue its growth. Mr. Zhang also mentioned that Pansoft plans to expand into other industries such as thermal energy and coal mining in order to diversify its industry concentration.

The interview has been published by Dow Jones Investment Banker and available online at pansoft.com.

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