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(Reporting by clarifies los angeles times lakers blog Nerijous Adomaitis, lakers wallpaper diagnoses writing by Patryk Wasilewski;Editing by Jon Loades-Carter). HONG KONG & ATLANTA–(Business Wire)–CDC Corporation (NASDAQ: CHINA), a leading global enterprise software and newmedia company, today announced that, based upon preliminary financial resultsand estimates, it expects: (i) Adjusted EBITDA from continuing operations(Adjusted EBITDA) to be in the range of approximately (U.S.)$17.0 million to(U.S.)$19.0 million for the second half of 2008; and (ii) total revenue to be inthe range of approximately (U.S.)$95.0 to (U.S.)$97.0 million, for the fourthquarter of 2008. This revised estimated Adjusted EBITDA range represents an increase of between207 percent and 243 percent from Adjusted EBITDA in the prior year period, andrepresents an increase of (U.S.)$1.0 million from the Adjusted EBITDA guidanceof $(U.S Lakers Staples Center .)$16.0 million to (U.S.)$18.0 million, that was reaffirmed by theCompany on January 8, 2009 Lakers Staples Center – nba . “Despite the serious economic issues facing the global markets, we are pleasedwith what we expect to be a substantial increase in our Adjusted EBITDA from theprior year period,” said Peter Yip, CEO of CDC Corporation. “We believe theseachievements are reflective of the expeditious adjustments we made to ourbusiness model to help adapt to today`s global economic malaise, and that ourfourth quarter revenue estimates reflect continued revenue growth from CDC Gamesin the fourth quarter 2008 and the continuation of recurring revenues from CDCSoftware`s installed maintenance customer base and other repeat business fromexisting customers. Our maintenance renewal rate is one of the highest in ourindustry, which we believe results in part from our new product development andreleases and our high quality global support service. Generally, recurringrevenue streams can be dependable and profitable.

We believe these recurringrevenues can be especially beneficial to us in today`s difficult marketenvironment los angeles lakers payroll . “As previously announced, we are continuing our efforts to leverage oursignificant cash on hand and have already purchased convertible notes at lessthan par value from multiple holders laker season tickets for sale nba.com – lakers . We intend to continue to negotiate withother note holders for possible early purchases or redemptions of theoutstanding notes below par value how much are lakers season tickets . In addition, we are continuing our prudentpath with regard to expense management from an operational perspective.” About CDC CorporationThe CDC family of companies includes CDC Software focused on enterprise softwareapplications and services, CDC Games focused on online games, and China focused on portals for the greater China markets lakers vs golden state tickets .

For more information about CDCCorporation (NASDAQ: CHINA), please visit Non-GAAP Financial MeasuresThis press release includes information relating to Adjusted EBITDA fromcontinuing operations, which is not prepared in accordance with GAAP (the”Non-GAAP Financial Measure”) . Non-GAAP Financial Measures are not alternativesfor measures such as net income or earnings per share prepared under generallyaccepted accounting principles in the United States (“GAAP”) los angelos lakers tickets . Non-GAAP FinancialMeasures may also be different from non-GAAP measures used by other companies Lakers Staples Center tickets – nba .Non-GAAP Financial Measures should not be used as a substitute for, orconsidered superior to, measures of financial performance prepared in accordancewith GAAP lakers clippers ticket . Investors should be aware that Non-GAAP Financial Measures have inherentlimitations, including their variance from certain of the financial measurementprincipals underlying GAAP, should not be considered as a replacement for GAAPperformance measures, and should be read in conjunction with our consolidatedfinancial statements prepared in accordance with GAAP Lakers Staples Center tickets . Supplemental Non-GAAPFinancial Measures should not be construed as an inference that the Company`sfuture results will be unaffected by similar adjustments to net earningsdetermined in accordance with GAAP.

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