S1, Chinese Firm Sign Resale Deal

S1 Corp. announced that Longtop Financial Technologies Ltd. of Beijing will resell products from S1's Enterprise line in China.

Longtop will market, license, customize, implement and support the Enterprise products, which are designed for large banks. The companies have worked together previously to implement S1's Sales and Service and Call Center products at a Chinese bank with 14,000 branches.

"China is an important market for S1 as we continue to expand our worldwide presence," Jan Kruger, the president of S1's Enterprise division, said in a press release Tuesday.

Weizhou Lian, Longtop's chief executive, said in the press release that the reselling agreement "further reinforces our partnership with S1 and our commitment to the Chinese market."

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