China Orient Asset Management Corporation Selects Sagent to Boost Business Efficiency

Wholly State-Owned Financial Institution Deploys Sagent's Business Intelligence Platform for Faster, More Accurate and Highly Available Business Data

BEIJING, China, Jan. 20, 2003 -- Sagent (Nasdaq:SGNT), a leading provider of enterprise business intelligence solutions, today announced the selection and successful deployment of Sagent Solution 4.5i by China Orient Asset Management Corporation (COAMC), a wholly state-owned Chinese financial institution.

COAMC was created by the Chinese government to take over and dispose of the Bank of China's non-performing assets. The dynamic operational data the corporation needs to work with to accomplish this task was previously housed in disconnected accounting and asset management applications -- each with their own unique underlying database structure -- and scattered across branch offices in 25 provinces. Prior to deploying Sagent's integrated business intelligence platform, COAMC's IT staff was required to produce all management reports manually.

"We needed a solution that would help us create a centralized and automated data infrastructure, as well as reduce or eliminate the time consuming tasks we were previously addressing manually, such as data extraction and loading," said Mr. Sun Yang, Development Manager, COAMC. "We also wanted to leverage the power of OLAP to build a new reporting system that would give us real-time management information based on the data from all the different application systems."

The COAMC IT team defined the ideal solution as combining the benefits of a clear and easy-to-use GUI, centralized design and administration, automated process flow and a highly efficient data ETL engine, coupled with a powerful and flexible front-end reporting system.

"We evaluated many vendors and were impressed by Sagent's end-to-end data integration and reporting capabilities. The out-of-the-box features were easy to use, and more importantly, supported implementation with our existing Windows/Intel environment. This resulted in great cost savings for the company," Sun added.

The project was streamlined by the automation of the ETL platform, immediately releasing most of the IT staff responsible for manually processing data. Data accuracy and availability improved significantly, with business users gaining centralized access to cleansed and integrated business data from all 25 branch offices and several business applications. The team continued to build the OLAP reports with Sagent's front-end, and the result was a successful web-based management reporting system that was well received by the users.

Mr. Sun concluded, "Throughout the project, the Sagent team displayed strong commitment and were very knowledgeable, helping us to deploy the project quickly and cost effectively."

"Sagent has always had a strong presence in Asia Pacific, and we are particularly honored to have a premier customer like COAMC select Sagent in the China marketplace," said John Maxwell, Sagent EVP & GM, Americas and Asia/Pacific. "In addition, it is a validation of the investment we have made in developing our channels and localizing our products for the region."

About COAMC

Approved by the State Council and the People's Bank of China and registered at the State Industrial and Commercial Administration, China Orient Asset Management Corporation (COAMC) was established on October 15th, 1999 in Beijing. The State Council appoints both the President and the Executive Vice Presidents. As a wholly state-owned financial institution with independent legal person qualification, COAMC is registered with capital RMB 10 billion (RMB 6 billion and USD 0.5 billion), allocated in full by the Ministry of Finance. COAMC shoulders the responsibility of taking over, managing and disposing of the non-performing assets (NPAs) stripped off from Bank of China. For more information: www.coamc.com.cn.

About Sagent

Sagent provides a complete software platform for business intelligence, enabling companies to reduce operational costs, increase profitability, and improve customer relationships. Sagent employs a unique business intelligence life-cycle process that facilitates the rapid development of custom analytic solutions and helps bridge the gap between business users and IT. Through its technology, services, and business expertise, Sagent simplifies business intelligence for more than 1,500 customers worldwide. Sagent customers include: AT&T, Boeing Employees Credit Union, BP Amoco, Carrefour, Citibank, Diageo, Gensec Bank, Heineken, Kawasaki, Kemper National Insurance, La Poste, Novartis, NTT-DoCoMo, Sara Lee, Siemens, and Singapore Telecom.

Sagent technology is also embedded in multiple partner solutions that address the needs of specific vertical and functional application areas; key ISV partners include Advent Software, Hyperion, and HAHT Commerce. Sagent technology has been adopted by leading regional and global systems integrators, such as Cap Gemini Ernst & Young, Satyam, and Unisys, to address customer needs within their business intelligence practices. In addition, Sagent has built alliances with numerous technology vendors to cooperatively market solutions; alliance partners include Microsoft and Sun Microsystems. CDC Software Corporation, a wholly owned subsidiary and software unit of chinadotcom corporation, is also a strategic investor in the company. Sagent is headquartered in Mountain View, California. For more information about Sagent, visit www.sagent.com.

      Note to Editors: Sagent is a registered trademark of Sagent Inc. All other trademarks are the
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      CONTACT: Sagent Asia Pacific
               Clara Chwee, 65.97433842
               cchwee@sagent.com.sg
                   or
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               Ian Yellin, 415/962-8200 ext. 234
               ian@spark.com