eFuture Files 2014 Annual Report on Form 20-F
25 April 2015 - 7:00AM
eFuture Information Technology Inc. (Nasdaq:EFUT) (the "Company" or
"eFuture"), a leading provider of software and mobile social
shopping network services to China's rapidly growing retail and
consumer goods industries, today announced that it filed its annual
report on Form 20-F for the year ended December 31, 2014 with
the Securities and Exchange Commission on April 24,
2015.
The annual report can be accessed on the Company's
website at: http://www.e-future.com.cn.
ABOUT EFUTURE INFORMATION TECHNOLOGY
INC.
eFuture Information Technology
Inc. (Nasdaq:EFUT) is a leading provider of software and
mobile social shopping network services
to China's rapidly growing retail and consumer goods
industries. eFuture's clients include 1,000+ active retailers with
more than 50,000 physical stores across China, which above 45
companies were ranked among the top 100 chain retailers during
2013. As a pioneer and proponent of omni-channel and mobile
internet solutions in Asia-pacific, we developed myStore, a
mobile shopping social network, to connect consumers and physical
stores. For more information about eFuture, please
visit http://www.e-future.com.cn.
SAFE HARBOR
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Among other things,
2014 financial outlook and quotations from management in this
announcement, as well as strategic and operational plans, contain
forward-looking statements. eFuture may also make written or oral
forward-looking statements in periodic reports to the Securities
and Exchange Commission (the "SEC"), in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
second parties. Statements that are not historical facts, including
statements about the Company's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: eFuture's anticipated growth strategies; eFuture's
effective implementation of and transition to an omni-channel
model; eFuture's future business development, results of operations
and financial condition; expected changes in the Company's revenue
and certain cost or expense items; eFuture's ability to attract
clients and leverage its brand; trends and competition in the
software industry; the Company's ability to control expenses and
maintain profit margins; the Company's ability to hire, train and
retain qualified managerial and other employees; the Company's
ability to develop new software and pilot new business models at
desirable locations in a timely and cost-effective manner; the
performance of third parties under contracts with the Company; the
expected growth of the Chinese economy software market in retail
and consumer goods industries; and Chinese governmental policies
relating to private managers and operators of software and
applicable tax rates.
Further information regarding these and other risks will be
included in eFuture's annual report on Form 20-F and other
documents filed with the SEC. All information provided in this
press release and in the attachments is as of April 24, 2015, and
the Company undertakes no duty to update such information or any
other forward-looking information, except as required under
applicable law.
CONTACT: Investor Contact:
Troe Wen, Company Secretary
eFuture Information Technology Inc.
+86 10 5293 7699
ir@e-future.com.cn
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