CDC Corporation (Nasdaq: CHINA) released third quarter 2007 results with US$99.6 million in total revenues, up 27 percent year-on-year, on December 14. CDC recorded a US$7.1 million loss in the period, compared to a net income of $3.2 million from the third quarter of 2006. CDC's loss was primarily due to a decrease in revenue from its game and WVAS units along with the company's sale of Ion Global for $6.3 million and CDC Software restructure ($1.6 million). CDC subsidiary CDC Software's revenues totaled $89.5 million in the third quarter, up 46 percent from the third quarter of 2006. CDC Games (17Game) recorded $6.5 million in revenues, down 23 percent year-on-year. CDC Internet portal subsidiary and wireless value-added service (WVAS) provider (SP) China.com (8006.HK) generated US$3.6 million in revenue, a decrease of 58 percent from the year-ago period, with $1.2 million coming from WVAS. CDC games plans to launch 1-2 new games per quarter through 2008, likely including Lord of the Rings Online. CDC games currently has six commercially deployed games in China (Yulgang, Special Force, SHAIYA, Mir III, Eve Online, and Shine Online) with total registered users exceeding 120 million, and no single game accounting for more than 50 percent of online game revenue. During the third quarter, CDC acquired Catalyst International, and announced intentions to enter into a joint venture with FlexSystem for SaaS enterprise applications.