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Neusoft Listed Fourth Time in the Global Services 100 Also Recrowned Top 10 Leaders of Emerging Asian Markets

Neusoft Listed Fourth Time in the Global Services 100 Also Recrowned Top 10 Leaders of Emerging Asian Markets

SHENYANG, China, March 25 /Xinhua-PRNewswire/ -- Recently, the list of 2008 Global Services 100 by the US-based Global Services and neoIT was released at the 2008 Global Services Conference held in New York, the United States. Neusoft Group, a leading IT solutions & services provider as well as the largest offshore software & service outsourcing provider in China, was listed among the Global Services 100 for the fourth time and continued ranked No. 1 in the Top 10 Leaders of Emerging Asian Markets for the second time, which indicates that the Group has maintained its leading position in Asia's outsourcing market. Walter Fang, Vice President of Neusoft Group, attended this event and received the award.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061219/CNTU012LOGO )

The Global Services 100, now in its fourth year, is a tool for buyers of business and technology services. Judges from Global Services magazine team up with outsourcing experts at neoIT, a consulting firm that specializes in services globalization, to identify and evaluate the leading service providers located on four continents. The evaluation is based upon data provided by the service providers and third parties regarding effective operations, service offerings, client relationships and human capital.

It is reported that Neusoft currently offers software & service offshore outsourcing for more than 50 MNCs around the globe, maintaining a leading market share in the field of embedded software outsourcing with a dedicated team of over 5,000 engineers. In the Chinese market, Neusoft provides various products, services, and solutions covering four major sectors including software products & platforms, industry solutions, product engineering solutions, and services to over 10,000 large-scale companies and organizations, among which, Neusoft has maintained a leading market share in telecom, electric power, social security, medical systems, network security, and e- government. Also, Neusoft has speeded up the construction of international outsourcing operation bases and global delivery centers in China's major cities including Shenyang, Dalian, Beijing, Shanghai, Chengdu, and Nanjing, aiming to facilitate further expansion of its software outsourcing business. In addition to its existing 13,000 employees, Neusoft continues its HR investment through innovative training models such as industry-based training and college student internships to prepare for future high-speed growth.

Walter Fang, Vice-president of Neusoft Group, said, "With the rapidly increasing global influence and market shares, Chinese software and services companies will definitely become an important force in the future global outsourcing and service market and contribute to the globalization progress of the next era. We Neusoft hope to become a global leading IT solutions and services provider in the coming three to five years.''

Reference: About Neusoft Group

Founded in 1991, Neusoft is a leading IT solutions & services provider in China. It offers a rich portfolio of businesses, mainly including software products & platforms, industry solutions, product engineering solutions, and services. As of today, Neusoft has set up 8 virtual regional headquarters, 11 R&D facilities, and a comprehensive marketing & service network in over 40 cities across China, as well as overseas subsidiaries in, respectively, USA, Japan, the United Arab Emirates, and Hungary, maintaining a total of more than 13,000 employees. In addition, it has invested 3 information institutes and a Biomedical & Information Engineering School in, respectively, Dalian, Nanhai, Chengdu, and Shenyang.

As the first listed software company and the first CMM5 and CMMI5 certified one in China, Neusoft has become the largest offshore software and services outsourcing provider in China, listed among top 25 in IAOP's Annual Listing of the World's Best Outsourcing Service Providers as the first of its kind among all other Chinese companies. Further, it is also the best supplier of medical systems in China. In 2007, it achieved a main operating revenue of RMB 3.35 billion Yuan.

Neusoft is dedicated to becoming a company that is well recognized and respected by employees, investors, customers, and society, and also a globally leading IT solutions & services provider through continuous improvement of process & methodology, competence development of leadership & employees, and sustainable open innovation.

For more information about 2008 Global Services 100, please visit: http://www.cmp-customevents.com/gsconference/awards.cfm

For more information, please contact: Evelyn Tang Senior PR Manager Neusoft Group Ltd. Tel: +86-24-8366-5663 Fax: +86-24-8366-3451 Email: [email protected]

Neusoft Group Ltd.

CONTACT: Evelyn Tang, Senior PR Manager of Neusoft Group Ltd., +86-24-
8366-5663, fax, +86-24-8366-3451, or [email protected]

Web Site: http://www.cmp-customevents.com/gsconference/awards.cfm

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