(Source: Business Wire)CDC Software Corporation (NASDAQ: CDCS), a global provider of enterprise software applications and services, today announced that, based on preliminary financial projections and estimates, the company expects license revenue to be in the range of (U.S.)$7.4 million to (U.S.)$7.6 million for the third quarter of 2009, compared to (U.S.)$7.8 million in the second quarter of 2009 and (U.S.)$7.1 million in the first quarter of this year.

These estimates for CDC Software's third quarter 2009 license revenue are in line with First Call consensus estimates from analysts, which are (U.S.)$7.4 million.

For the third quarter 2009, license revenue from new logo business increased to 24 percent from 12 percent in the second quarter. Of CDC Software's top 10 deals in the third quarter, six were in the food and beverage and financial services/insurance markets.

"Despite the seasonal factors which impact the third quarter for most enterprise software companies, our third quarter license revenue is expected to be higher than the first quarter," said Peter Yip, CEO of CDC Software. "We also are very pleased that third quarter license revenue from new logo customers has doubled in the third quarter compared to the previous quarter. With the current fourth quarter, our sales pipeline has grown for four consecutive quarters, including a cross-selling pipeline that is the strongest ever for the fourth quarter. In fact, we already closed several new deals early into this quarter and remain cautiously optimistic for our prospects in the fourth quarter."

About CDC Software

CDC Software (NASDAQ: CDCS), The Customer-Driven Company, is a provider of enterprise software applications and services designed to help organizations deliver a superior customer experience while increasing efficiencies and profitability. CDC Software's product suite includes: CDC Factory (manufacturing operations management), CDC Ross ERP (enterprise resource planning), CDC Supply Chain (supply chain management, warehouse management and order management), CDC X-alert (real-time event management), e-M-POWER (discrete manufacturing), CDC Pivotal CRM and Saratoga CRM (customer relationship management), CDC Respond (customer complaint and feedback management), c360 CRM add-on products, industry solutions and development tools for the Microsoft Dynamics CRM platform, CDC HRM (human resources) and business analytics solutions.

These industry-specific solutions are used by more than 6,000 customers worldwide within the manufacturing, financial services, health care, home building, real estate, wholesale and retail distribution industries.