Lenovo and Microsoft Reaffirm Global Agreement
Value-added software and education initiatives promote best PC
user experience.
REDMOND, Wash., April 17 /PRNewswire-FirstCall/ -- Senior
executives from Lenovo Group Ltd. (HKSE: 992; ADR: LNVGY) and
Microsoft Corp. (NASDAQ:MSFT) met today to reaffirm their joint
efforts for market development and to formally sign a global
agreement that expands and deepens the strategic cooperation
between the two companies.
The two companies will work together to promote the use and
benefits of validly licensed Microsoft(R) software products through
new and innovative joint sales, marketing and training programs in
China and around the world.
Online Stock Market Trading In November 2005, Lenovo took the initiative to launch a
value-added software program in China, becoming the first PC
manufacturer to pre-install genuine Microsoft Windows(R) operating
systems in all its product lines for the China market. Educational
programs have also been conducted at all Lenovo stores to increase
consumer awareness of the value of genuine software; understanding
of software copyright issues; and features such as system security,
privacy protection and virus prevention. Microsoft supports the
program by providing marketing resources and technology assistance.
Since its launch, this innovative Lenovo program has surpassed
expectations, receiving an enthusiastic response from consumers,
resellers and
business partners alike. The
program is expected to boost intellectual property rights
protection efforts in China. Lenovo plans to extend this kind of
program to other emerging markets, driving
business growth.
"Among others, " continued Tann, "MacroPort has license agreements in place with mobile leaders such as Microsoft and Palm and a distribution agreement with Kingston Technologies and Shutterfly, while Migo has global license agreements with Kingston, Memorex and other OEMs, distribution in over 6, 500 retail outlets including Fry's, Target, CompUSA and OfficeMax, as well as global eCommerce infrastructure in place through its relationship with Digital River. All in all we believe this is a great combination."
Stock Investing Course "By taking the lead in providing genuine value-added software on
PCs in China, Lenovo is demonstrating foresight and wisdom as a
responsible global industry leader," said Bill Gates, chairman and
chief software architect of Microsoft. "Microsoft commends Lenovo
for recognizing the importance of intellectual property rights and
the value of genuine software. We will continue to work with Lenovo
and other industry partners to ensure that customers get the
greatest value and performance from their PCs."
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Stock Market Game "Our first priority has always been to provide highest-quality,
innovative products to our customers," said Yang Yuanqing, chairman
of Lenovo. "Working together with Microsoft, we have made it easy
for our joint customers to get the reliability, service and support
only available from genuine software, at great competitive pricing.
As a global corporate citizen, we want to lead the efforts to make
it possible for ordinary users to enjoy genuine software and to
help foster the healthy and orderly development of the IT industry
in every country in which we
do
business."
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Stock Investing Game Lenovo intends to pre-install genuine Microsoft software on PCs
manufactured by Lenovo that are sold in more than 65 countries and
regions around the world, allowing customers to enjoy the Windows
capabilities they expect, and take advantage of ongoing system
improvements that let them do more with their PCs. By promoting the
consumer benefits of genuine software, Lenovo expects to purchase
Microsoft Windows software valued at approximately $1.2 billion
(U.S.) over the next 12 months.
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Journal Prime Rate Street Wall About Lenovo Group Ltd.
However, the Subscription option provides you with rights to run the software only during the term of the agreement with Microsoft (nonperpetual).
Stock Market News Lenovo is dedicated to building the world's most innovative
personal computers. Lenovo's business model is built on innovation,
operational efficiency and customer satisfaction as well as a focus
on investment in emerging markets. Formed by Lenovo Group's
acquisition of the former IBM Personal Computing Division, the
company develops, manufactures and markets reliable high-quality,
secure, and easy-to-use technology products and services worldwide.
Lenovo has major research centers in Yamato, Japan; Beijing,
Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more
information, see www.lenovo.com.
Stock Investing Basics About Microsoft
Stock Investing Software Founded in 1975, Microsoft is the worldwide leader in software,
services and solutions that help people and businesses realize
their full potential.
Stock Market Trading NOTE: Microsoft and Windows are either registered trademarks or
trademarks of Microsoft Corp. in the United States and/or other
countries.
Stock Investing For Dummy The names of actual companies and products mentioned herein may
be the trademarks of their respective owners.
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Source: Microsoft Corp.
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