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Parellax Accepted Investment Funding (28 May, 2010)
-- Parellax accepted investment funding from Eric Yung, the founder of Data Perfect Limited
 
 

Hong Kong, 28 May 2010 – Parellax has reached an investment deal with investor Eric Yung, the founder of Data Perfect Limited.

 

After the deal, Data Perfect Limited and Parellax will become one team and key activities are co-developing a product and building a new version in a new platform. The new product will combine the distinct features of Millaner Apparel Enterprise (MAE) and Simple Garment. Also among the major developments is a new application on the .Net platform whose key features will focus on production capacity planning to distribution management. ‘The key objective of the merger is to co-develop a new product to fit the new requirements of the developing garment enterprise’ said Nick Wei, the Sales and Marketing Director of Parellax Limited.  

 

Parellax international marketing channels will market the new product. Parellax maintains agents and supporting offices across China, Vietnam, Thailand, Bangladesh, Cambodia and India.

 

With this deal, the company group has now become the largest garment ERP in Hong Kong with over 550 users across Asia, and among its largest clients are Ace Style, CFL, PD Enterprise, Carry Wealth, Oxford and Tungtex.

 

About Data Perfect: 

Founded in 1988, Data Perfect is considered one of the gurus in the garment ERP industry. The company currently has over 400 users.

 
 
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