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eFuture Signs Contract to Provide Tiens Group with Retail Business Management System
Date:7/23/2008

Group's operations or increase its competitiveness. eFuture cannot guarantee the timetable stated for the rollout of mySHOP Retail Business Management System 3.0, nor the further expansion of mySHOP Retail Business Management System 3.0 past the initial testing stage mentioned herein.

eFuture may also make written or oral forward-looking statements in periodic reports to the Securities and Exchange Commission (the ''SEC''), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to first parties. Statements that are not historical facts, including statements about the company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: eFuture's anticipated growth strategies; eFuture's future business development, results of operations and financial condition; expected changes in the company's revenues and certain cost or expense items; eFuture's ability to attract customers and leverage its brand; trends and competition in the software industry; the company's ability to hire, train and retain qualified managerial and other employees; the company's ability to develop new software and pilot new business models at desirable locations in a timely and cost-effective manner; the expected growth of the Chinese economy and software market in the retail and consumer goods industries; and Chinese governmental policies relating to private managers and operators of software and applicable tax rates.

Further information regarding these and other risks is included in eFuture's annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release and in the attachments is as of July 23, 2008, and t
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SOURCE eFuture Information Technology Inc.
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