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Lenovo and Microsoft Reaffirm Global Agreement

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."

The U.S. economy may be in a funk, but that's nothing compared with the pall hanging over Wall Street. Some of the biggest U.S. investors said on Tuesday they expected the nation's economy to get worse, but then work its way toward recovery later this year. On Wall Street, however, the road back to health will take much longer. "It is the Great Depression on Wall Street. It sure isn't on Main Street, " Ken Griffin, chief executive of hedge fund Citadel Investment Group, said during a panel at the Milken Institute Global Conference in Beverly Hills, California.

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.

A precise survey of the Western stock market . a place where the whole of 18th century trade and commerce took place, Wall Street is a recognized place across the globe. The street was termed as Wall Street since it ran alongside a wall that was taken as the northern boundary of New Amsterdam in 17th century. The Wall Street is known for the J.P. Morgan's million dollar merger that created US Steel Corporation, the ruinous crisis that resulted in Great Depression and the "Black Monday" of 1987.

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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