Wicresoft reached the letter of intent with New Wave Group which includes B2B\B2C Web shop, enterprise IT system upgrading and optimization as well as ERP solution consulting and implementing. This will be one of the most strategically vital projects for Wicresoft.

New Wave Group is a fast-growing company that creates, acquires and develops brand articles for the Corporate Promo business area (business market) and the Retail business area (consumer market), mainly within the sports, gifts, and interior decoration sectors. The Group shall achieve synergies by coordinating design, purchasing, marketing and distribution of the Group’s collections, and by making use of coordination advantages between the Group’s trademarks. The Group shall operate in the Corporate Promo business area and the Retail business area in order to obtain good risk diversification.

Since 2002, Wicresoft has been working with global clients in a wide range of industries and has accumulated solid expertise in industry-specific solutions and application platforms. Wicresoft provides the ERP solution to the New Wave Group, which will take the pioneer position in the field of solution for retail.

Li Zhou, the CEO of Wicresoft, said,” Wicresoft will establish 10 vertical markets on IT solution and excel at each of them. Furthermore, it will help us to be more competitive. Through cooperation with New Wave Group, Wicresoft is getting our foot in the door!”