System Integration Partnership Highlights Austin Logistics' Expanding Presence in China

AUSTIN, TX - Austin Logistics, the leading provider of event-based decision support solutions, today announced the execution of a formal partnership agreement with Camelot Information Systems, a leading provider of business and IT consulting and the top ranked Banking Solutions Provider in China.

"China is a strategic market for Austin Logistics, and we are committed to expanding our local presence," said Tom Miller, Austin Logistics Senior Vice President and Head of International Operations. "With more than 1,700 employees and major business offices throughout greater China and Japan, Camelot provides immediate opportunities to expand both distribution and delivery of Austin Logistics' decision support solutions."

"Camelot's strategic focus on the credit card and payment industry helped identify Austin Logistics as the leading local provider of analytics and decision support technology in the Chinese market," said Yuan Bo, Senior Vice President of Camelot.

Austin Logistics and Camelot already share common relationships with several Top-10 banks in China. "We are very pleased to partner with Camelot, and most importantly we strongly believe the synergies between our two companies will bring even greater value and service to our clients in China," added Pan Feng, Managing Director and Chief Representative to China.

Today's news builds on Austin Logistics' growing success in China, including the recent announcement that China Construction Bank had purchased Vincio, Austin Logistics' real-time, enterprise decision platform.