The agreement will involve NorthgateArinso collaborating with Sinosoft and Green Oak Solutions Ltd. ("Green Oak"), to develop carbon management solutions that will be marketed to government and private customers in China for the monitoring of carbon emissions. The solution will be developed on NorthgateArinso's 4GL proprietary software, PROIV, a Rapid Application Development (RAD) tool that will allow Sinosoft to build, refine and develop their application with great efficiency.
Sinosoft will install hardware and provide development work to build upon Green Oak's carboncheck software and PROIV to produce a complete carbon management solution to meet customers' requirements. In addition, Sinosoft will seek to work with certification companies to verify the carbon data produced from the carbon management solution and thereby potentially enable customers to trade their carbon credits on global exchanges.
NorthgateArinso was initially introduced to Sinosoft by The China-Britain Business Council / UKTI and The China Jiangsu Economic and Trade Affairs Office in July 2009 and we have been working on developing this collaboration for almost twelve months.
Peter Lawson, PROIV Sales Director at NorthgateArinso said, "While NorthgateArinso is renowned globally for its HR software and services and the ability to analyse large volumes of HR data, the company has adapted these for other areas of business, such as carbon data management in this case. We are delighted to sign our first partner in People's Republic of China and look forward to working with Sinosoft to develop new and innovative technologies for managing greenhouse gas emissions."
Following this partnership agreement, Sinosoft is expected to start bidding for projects at the municipal government level. The collaboration with NorthgateArinso and Green Oak places Sinosoft in a stronger position to bring in expertise and win contracts.
The carbon emission monitoring market is an area of great potential following support from China's Premier, Wen Jiabao during the 2009 EU-China Summit to address climate change issues. This was reflected in the formation of the National Energy Commission ("NEC") on 27 January 2010 which provides clear guidelines and dates for low carbon and environmental improvement projects. It is possible that following formation of the NEC, formal legislation will soon be passed to impose carbon reduction targets in the private sector. Consequently, carbon emission monitoring mechanism will become essential for regulators and local governments.
Ms Xin, Chief Executive of Sinosoft, commented: "This is an area of immense potential given the keen interest and support shown by the Chinese government to reduce the country's carbon emission. Being a first mover into this area bodes well for this collaboration and has provided us with the opportunity to start talking to various local governments who are looking to reduce their level of carbon emissions.
"We are very excited by the possibility of partnering with NorthgateArinso and Green Oak and we are hopeful that this collaboration will draw upon NorthgateArinso and Green Oak's expertise in the emissions monitoring area and Sinosoft's technical expertise and sales channels within the PRC."
For further information about Sinosoft, visit www.sinosoft-technology.com
Further information on carboncheck can be found at www.carbonfootprintsoftware.com