WONDERSHARE ACQUIRED FINANCING OF OVER USD 10MN

AsiaInfo Services
06-27-2011
Wondershare Acquired Financing of over USD 10mn

SHENZHEN, Jun 27, 2011 (SinoCast Daily Business Beat via COMTEX) -- Shenzhen Wondershare Software Co., Ltd. (Wondershare), a domestic consumer software export company, announced recently that it has acquired strategic financing of over USD 10 million. This is the second round of strategic financing since September, 2009.

After this round of financing, Wondershare will continue to perfect its global marketing network and intensify its efforts on the research and development of consumer software related to mobile Internet in the meantime, so as to maintain the continual and fast development of the company's business and to further consolidate its leading position in the domestic consumer software export industry, according to the statements made by Wu Taibing, founder and president of Wondershare.

"Wondershare will step into the research and development of various application software catering to mobile Internet terminals and systems such as iPhone and Andriod by using the capital raised this time. Mobile internet will become a new business growth point for Wondershare." Wu Taibing said.

Wondershare is a company mainly specializing in marketing and research and development of consumer software with continual innovation ability. The company has being adhered to the operating principle of "self development, self-built channel and proprietary brand", and has successfully built the online and off-line marketing system covering main European markets. It is one of the main software export enterprises with self-owned brands in China.

Source: www.qq.com (June 27, 2011)

KEYWORD: SHENZHEN INDUSTRY KEYWORD: Computers & Electronics SUBJECT CODE: Computer
Software
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strategic financing
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consumer software
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