OlymTech Corporation is going to announce its establishment of wholly-owned Shanghai affiliate located in 1000 Pingliang Road, Tianke International Mansion, Yangpu District on September 28th, 2009. Entering Shanghai market is of strategic importance for both the development of OlymTech itself and service quality for Port of Shanghai.
OlymTech is a leading SaaS platform technology and solutions provider. It has enabled its customers and partners from the US, China and more than 20 countries and regions successfully develop and deploy a number of commercial operations, including China’s well-known telecom service provider. In July 2008, OlymTech extended SaaS model into traditional logistics industry to provide specific information technology solutions for freight forwarders. Its core iBOS technology links suppliers, buyers, logistics enterprises and even software operators in a single platform, which allows to extend logistics chain vertically and horizontally.
Shanghai, a port city with enormous freight handling capacity, stands for the most advanced logistics industry in mainland China. It not only possesses rich resources of domestic freight forwarding enterprises, high degree of openness and advanced operational concepts, but locates in the center of east port in China and the mouth of Yangtze River as well. All of these advantageous factors prepare strategic expansion environment for OlymTech to further develop in China.
In the meanwhile, the services provided by OlymTech are conformed to development trends of the entire logistics industry. The entry of OlymTech into Shanghai market can improve information level of logistics industry in Shanghai and Yangtze River Delta region, as well as significantly improve service quality of freight forwarders in Port of Shanghai. It is of win-win strategic significance.
