Forlink Software (FRLK.OB) has signed an application service provider (ASP) contract valued at approximately US$1 million with Guangxi Stock Sugar Exchange Center Company.
Under the terms of the contract, Forlink will deploy the "For-online Electronic Trading System," a proprietary, integrated software solution, to support the Exchange's operations, including online trading, online billing and payment, user authentication, and customer care. In the first stage, Forlink will host and manage the solution for four years. At the end of that period, the service is subject to renewal.
Forlink's CEO, Yi He, commented: "We are pleased to add Guangxi Stock Sugar Exchange Center as another important For-online client. Since our successful implementation of the For-online Electronic Trading System at Shanghai Steel Exchange Center, we have seen growing interests for this ASP service."