eBaoTech signed partnership agreement with Sumisho Computer Systems Corporation

November 6, 2008

As of November 6, eBaoTech has entered into a business alliance with Japan’s major IT solution and services provider, Sumisho Computer Systems Corporation (SCS). The companies will commence joint marketing endeavors aimed at offering IT consulting and insurance system solutions to Japanese insurance companies doing business in Europe and Asia.

Driven by the unforeseeable outlook of Japan’s domestic market, Japanese insurance companies are expected to emphasize global expansion. Taking advantage of this out-bound business is a priority for eBaoTech.

SCS is taking a leading role as a professional IT solution provider for financial institutions as well as for many business entities in manufacturing, commercial trade, and telecommunication fields. SCS’s regional office networks in Japan, US, Europe, China, and Singapore are the company’s powerful platform to offer global IT solutions to clients in each regional market. We believe that SCS’s Japanese company-oriented consulting capability and eBaoTech’s track records of insurance solutions provided to global insurance giants will foster synergy and strengthen the business foundation of the two companies.


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