China Nepstar Chain Drugstore Chooses ABeam Consulting for SAP Implementation

TOKYO, JAPAN – June 30, 2008 - China Nepstar Chain Drugstore Ltd. has chosen ABeam Consulting Ltd. to implement its SAP ERP systems, ABeam announced today. ABeam, a leading global provider of operational consulting services, will work with SAP China to deploy the enterprise-wide system at China’s largest drugstore chain. ABeam’s Shanghai office will lead every aspect of the project, from requirements definition to deployment.

Nepstar, with 2,000 stores across the nation, is the largest retail drugstore chain in China and has experienced rapid growth, culminating in its listing on the New York Stock Exchange in November 2007. As a result of its rapid business expansion, Nepstar has a critical need to integrate the systems of all stores company-wide, including operations and accounting systems. The scope of the project will cover key business areas including accounting, merchandizing, distribution and inventory control, and is expected to be up and running by December 2008. The implementation of the SAP ERP system is expected to lower operating costs, improve inventory management and enhance data analysis capabilities.

“The SAP ERP implementation is an integral part of our growth strategy, and will improve our management and cost controls as well as enhance our operating efficiencies,” said Qian Jiannong, CEO at China Nepstar. “ABeam’s reputation, deep experience, and track record of success in China made them an easy choice for the project. Their expertise will ensure a timely accomplishment of our goals.”

“China Nepstar’s growth has led to a need for effective management of its processes to become more competitive with both foreign and domestic retailers,” said Hunglin Tang, Managing Director, Asia at ABeam Consulting. “This implementation will put Nepstar ahead of the game in China by updating and streamlining its core systems and readying the company for success.”

The project started in Shenzhen, where Nepstar’s corporate headquarters is located. ABeam will also support the implementation of Nepstar’s customer and store analysis, human resources and payroll, and financial control, to be delivered in 2009.

About ABeam Consulting

ABeam Consulting provides business transformation services that create strategic advantage, improve business processes, leverage technology innovation, and enhance organizational performance for leading multinational and domestic companies worldwide. ABeam partners with clients to diagnose and solve their real challenges with solutions that combine industry and operational best practices with technical expertise. Pragmatic approaches ensure that clients gain measurable value more quickly. Headquartered in Tokyo, ABeam’s 3,500 professionals serve more than 700 clients throughout Asia, the Americas and Europe. For more information, please visit www.abeam.com.