May 16, 2001
Immediate
Release
According to the
agreement, Excel Technology will customize the Excel-HRMS system, for both
Citybase and Goodwell, based on the human resources management requirements
of the two property management companies. It is expected that the implementation
of Excel-HRMS for both Citybase and Goodwell will take place in the fourth
quarter of 2001.
"Excel-HRMS" is a comprehensive, reliable and advanced human resources management software system with applications which include personnel records, payroll formula, taxation administration, leave and attendance records, training and development reports, as well as mandatory provident fund calculations. The "Excel-HRMS" software programme is parameter driven to suit individual company's needs and is modular in design to cater for any future changes in the concerned company's policies and/or statutory requirements.
Ms. Peggy Chan, Chairman and CEO of Excel Technology, commented, "We recognize that success comes for those who are wise enough to envision the needs of tomorrow's market. Effective human resources management is the key to companies' success and growth. Throughout the years, our HRMS have become one of the most comprehensive HR software products catering to meet the diverse HR management needs of different companies. Like others, Citybase and Goodwell have chosen our HRMS as the HR solution for its high level of flexibility, reliability and security control. We are happy to see that both companies use our product and services to attain operational efficiency so as to free themselves to be more focus on their core operations. We hope that this cooperation is the beginning of many more to come for the Cheung Kong group of companies for the serving of their systems' needs."