Neusoft Partners with Hewitt to Release TalentBase HR Management Solution

As one of China s best software suppliers and solution providers, Neusoft has recently held a strategic partnership signing ceremony with the world famous HR outsourcing and consulting firm Hewitt Associates to release TalentBase HR Management Solution that is designed for China s high and medium end enterprises. Neusoft and Hewitt believe that TalentBase will achieve success in China s market and will become the most competitive HR management informatization solution in the near future to accelerate the modernization and informatization process of HR management in China s enterprises.

This partnership has combined Hewitt s rich experience accumulated through its 60 year plus operation in human capital management consulting services with Neusoft s solid technology foundation, extensive marketing and service network as well as localized support and service. Brought together by the alliance, the two leaders will have further cooperation in the Solution s market development and services.

Neusoft and Hewitt hope to integrate advanced HR management solutions in the world into China actual situation to provide not only localized, but also bettered solutions for China s enterprises.

Dr. Zhang Xia, General Manager of Neusoft Middleware Technology, the chief technology undertaker of this partnership said that the release of TalentBase HR Management Solution had provided China s enterprises with some best HR management solutions. In particular, advanced IT infrastructure had been utilized in the high-grade value added services generated by some high-grade models.

The complementarity of great concepts and technology had been fully reflected in TalentBase and, compared with other similar products in the world, this solution would better meet the needs of Chinese clients, and was more competitive in price. TalentBase would integrate the localized services to achieve higher customer satisfaction.

Mr. Eric Fiedler, President of Hewitt Greater China, pointed out that the partnership would speed up the HR informatization process of China s enterprises. The combination of HR management consulting and informatized solution would regularize good management solutions to deliver continuous and excellent HR management services to enterprises.

When talking about why they chose each other as partners, Dr. Zhang stated that most of Hewitt s clients are listed in Fortune 500 companies and Fortune Global 500 companies. Hewitt s advanced technology and rich management experience would meet the requirements of China s enterprises to formulate specialized HR solution plans. Over the years, Hewitt had built up an excellent brand image in China and had delivered consulting services and solution plans to some of China s most renowned enterprises. This would lay a solid foundation for Neusoft to provide management solutions fit for China s situation.

In Mr. Fiedler s view, Neusoft is China s largest software supplier and solution provider. Its expertise accumulated through more than ten years experience in enterprise informatization construction is of great value to the promotion of Chinese enterprises informatization construction. The partnership has fully reflected the complementarity of Neusoft and Hewitt s strengths in their respective fields and will provide China s enterprises with a more competitive HR management solution.

With the development of economy, China s enterprises are facing more and more heated competitions both domestically and internationally. Many of them have realized the value of talents and HR management and regarded HR management as an issue of strategic importance. TalentBase HR Management Solution is a product to meet such market needs. In Neusoft and Hewitt s strategic partnership, this solution will be continuously improved in the next few years to enable China s enterprises to face the challenging market and achieve higher performance.

About Neusoft

Originated from Northeast University, Neusoft ( www.neusoft.com ) is founded in 1991 and headquartered in Shenyang, China. It is China s best solution provider and over 5, 000 customers from 20 plus countries and regions have used Neusoft s software. Many major projects of state informatization infrastructure and enterprise informatization construction have benefited greatly from Neusoft s products and services.

Neusoft s business could be divided into three main categories: solutions for government and enterprises, solutions for hospitals, and solutions for IT education and training. It has a number of holding companies including the first software company listed on the Chinese stock market Neusoft Co., Ltd., Neusoft Digital Medical System Co., Ltd., Neusoft Institute of Information Technology, etc.

Currently it has over 5,300 employees, high-tech parks located in Shenyang, Dalian, Chengdu, Nanhai, and subsidiaries in the U.S., Japan and Hong Kong. In addition, Neusoft owns the first state-granted National Engineering Research Center for Computer Software and the first National Engineering Research Center for Digital Medical Imaging Equipment.

Neusoft is also one of the National Trial Enterprises for Technology Innovation and one of the first industrialization bases for the State 863 Program.

About Hewitt Associates (NYSE: HEW)

Hewitt Associates ( www.hweittaisa.com/www.hewitt.com ) is a global outsourcing and consulting firm delivering a complete range of human capital services to companies, including HR and Benefits Outsourcing, HR Strategy and Technology, Organizational Change, Retirement and Financial Management, and Talent and Reward Strategies. The firm provides services from 86 offices in 37 countries. Its client roster includes 270 of Fortune 500 and more than a third of Fortune Global 500 companies. As the first wholly foreign invested HR consulting firm in China, Hewitt began its operation here since 1994 and has offices in Beijing, Shanghai, Guangzhou and Hong Kong with over 100 associates. It has since then delivered services to more than 1,600 China-based companies, all of which are renowned foreign or local companies.