About Us

Core Solutions is a privately held information technology and services firm specializing in global sourcing solutions. Core Solutions is the only solution provider that helps both buyers and sellers streamline business processes across the end-to-end sourcing lifecycle - from product development to costing, from QA to QC, from order to payment.

Core Solutions offers a powerful set of electronic and web-base solutions that dramatically improve Product Lifecycle Management (PLM), Global Sourcing Management, Global Vendor Automation and Supply Chain Collaboration. Leading retailers, wholesalers, brand manufacturers and thousands of vendors around the world use Core Solutions' software and services to coordinate activities, synchronize data, increase visibility and eliminate manual processes.

Core Solutions is based in Hong Kong with offices in US and China.

Core Solutions' CBX suite is the most powerful set of global sourcing software and services to help retailers, wholesalers and branded manufacturers streamline Product Development, Sourcing, Order Management, Production Management, Quality Management, Logistics and Finance.

• Product Lifecycle Management - CBX PLM
• Global Sourcing Management - CBX Sourcing
• Global Vendor Automation - CBX Vendor Portal
• Supply Chain Collaboration - CBX Connect

Core Solutions was founded in 1995 by Michael Hung and Tim Chiu, with the simple goal of building solutions that streamline business processes within and across organization boundaries.

Due to Core Solutions' highly strategic location in Hong Kong, it was not long before the company's businesses evolved to maximize the city's advantageous trade and economic position in the global marketplace. Hong Kong is the world's freest economy and the world's 11th largest trading economy, as well as the world's busiest airport for international cargoes and the world's second busiest container port.*

With Hong Kong as the preferred trading hub for organizations sourcing products from Asia, Core Solutions today offers a comprehensive and sophisticated set of solutions and services that add value across each link of the global trade chain, with a focus on operations in Asia with the rest of the global trading community.

Today, with over a decade of experience and offices in key locations around the world and led by a management team of international experts, Core Solutions is trusted by the world's most reputable names in retail, manufacturing, banking, customs, and transport service providers.

* Data from Hong Kong Trade Development Council, March 31, 2006 report

Michael Hung

Chief Executive Officer

Michael Hung is Chief Executive Officer (CEO) of Core Solutions. Michael co-founded Core with Tim Chiu in 1995. As CEO, Michael spearheads all solutions and services strategy, leads key business initiatives and supports the operations of key business units along with his management team.

Michael led the development of Core Solutions' flagship iDEX e-Transaction software, which today are used by service providers and corporations such as Credit Suisse, Korean Exchange Bank, Standard Chartered Bank, and Tradelink (Hong Kong).

Michael has worked in the IT industry for over 15 years. Prior to founding Core Solutions, he was a Consultant with the Lotus Consulting (now part of IBM) working with multinational corporations on inter and intra enterprise workflow systems. From 1990 to 1994, Michael was a technology consultant in TheTravelers (now St. Paul Travelers), where he was actively involved in Advance Technologies, Data Networking, Telephony, Performance and Capacity Planning, and Systems Development.

Theresa Yiu

Chief Operating Officer

Theresa Yiu is Chief Operating Officer (COO) of Core Solutions. Theresa is in charge of worldwide operations, including consulting services, enterprise software, managed application services, corporate communications and human resources.

Theresa has a wealth of expertise in trade, trade services, information technology and general management. Prior to Core, Theresa spent two years with Bolero International, a leading financial supply chain solutions provider, responsible for Asia Pacific implementation and servicing of key Bolero customers such as the Otto Group and HSBC.

Prior to Bolero, Theresa dedicated 20 years of her career at Global Sources (listed on NASDAQ: GSOL). Global Sources is Asia's largest trade publishing company. It also owns Asia's largest international trade sourcing site. At Global Sources, Theresa successfully developed and managed the company's electronic commerce services, which accounts for about 50% of Global Sources' business today. Theresa held a number of senior management positions. In her last position being CTO, Theresa was responsible for key IT operations, design and execution of IT strategies, advising the management team on IT related investments and supported the company's IPO in 2000.

Tim Chiu

Managing Director, Greater China

Tim Chiu is a co-founder of Core Solutions and serves as Managing Director of the company's Greater China Operation. As Managing Director, Tim is responsible for business development, sales and servicing of clients in China, Hong Kong and Taiwan.

With over 14 years of experience in information technology, knowledge management and business process automation, Tim has helped many leading organizations implement mission critical systems in the United States and across Asia. In more recent years, Tim spearheaded the development of Core Solutions' highly successful supply chain and business intelligence consulting practice, which has helped customers such as Coca Cola, LimitedBrands, Schick, Taiwan Postal Services, Petronas and UBS.

Prior to founding Core Solutions in 1995, Tim was a pioneering member of Lotus Consulting (now part of IBM) as a senior consultant designing and managing system implementations for key customers in the company's enterprise clients like Johnson & Higgins, Jardine Fleming, Standard Chartered Bank and JP Morgan Chase.

Ian Craig

Managing Director, US Operations

ian.craig@coresolutions.com

Ian Craig is the Managing Director of Core Solutions. Ian owns the responsibility for business development, sales and services for the company's United States Operation.

With over 25 years of experience in information technology across many industries, Ian possesses a wide range of skills in applying IT to real business problems. In the past eight years, Ian has focused in the development of international trade and transportation solutions. Based in the USA, Ian has been working closely with key transportation and logistics service providers.

Prior to joining Core Solutions, Ian served as CEO of Transportation Community Network (also known as Arena) in Hong Kong and as COO of CargoReservations in USA, where he was directly involved in several large-scale projects involving well known transportation, IT and telecommunication companies. On other prior assignments, Ian worked for Hong Kong International Terminal (HIT) as Business and Technology Solutions Architect and International Computers Ltd. where he consulted at senior levels on projects in the power industry, government (workplace health and safety), law enforcement and insurance sectors.

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Supply & Demand Chain Executive magazine (2007)

• Top 100 supply chain solutions provider

Aberdeen Group (2007)

• "Best of Breed Technology Supplier" for Global Supply Chain Visibility

Hong Kong Outstanding Software Applications Competition, 2005

• Platinum Award - Logistics

InternetWorld Asia 2001

• Top 5 e-Commerce Solution Provider, Asia

IDC 2001

• Top 5 Local Hero, Hong Kong

Hong Kong General Chamber of Commerce

• Honorable Mention, Hong Kong Award for Services: Innovation 2003
• Green Office Gold Award(SMEs), Hong Kong Eco-Business Awards 2002

Microsoft

• Knowledge Management Partner of the Year, 1999

IBM Lotus

• Partner of the Year, 1997