Neusoft and Legend Launch Cooperation Aiming at Creating China Best IT Partnership

On Dec.4, Neusoft Co., Ltd. and Legend Group jointly signed an cooperation agreement in Beijing.

It is reported that the coopertion between these two IT giants will start with an extensive advancement in the fields of social insurance and medical insurance.Neusoft will choose Legend IA-architecture servers and storage products and will be responsible for the implementation and mainaintence of industry solutions, while Legend will provide overall support to its products during pre-sale, sale and afer-sale periods.

The two companies will share their channels to promote Neusoft industry solutions which are based on Lengend products in order to provide customers with localized applications with higher function-price-ratio.

With the constant penetration and development of IT technology application in industry, customers demand not only single product or technology, but also comprehensive solutions that are optional and of high function-price-ratio.It is only through alliance and cooperation that companies can quickly combine resources to construct solutions that are more personalized and more adaptable to the needs of customer development.

As one of the leading software solution providers in China, Neusoft has been in sustained pursuit of maximized value for customers.While possessing and constantly developing our own core technology, Neusoft also satisfies the customers' diversified needs by making use of the strong resources advantages of our allied partners.

When commenting on the reasons why Neusoft will expand its solutions to domestic server platform and will initiate a first round cooperation with Legend in the field of social insurance and medical insurance, Ms.Lu Zhaoxia, senior vice president of Neusoft Co., Ltd. said that IA-architecture products of domestic brands, especially Legend Complete Servers, through many years' development,are mature enough in quality to undertake some large-scaled core applications.

Meanwhile, with IT solutions penetrating deep into customers' application, the customers raise higher demand for comprehensive localized service while pursuing good product functions.In this aspect, domestic products enjoy their unique advantages, and thus, we may say that it is the customers' demand that activated the cooperation between Neusoft and Legend.

Neusoft and Legend will combine their respective advantages in brand, technology, channel and localized service to offer more comprehensive solutions for customers to choose from and to satisfy their needs of selecting domestic manufacturers and localized service.Ms. Lu Zhaoxia also said that the combination of Neusoft technology and industry-domain experiences which have been accumulated in industry solutions with Legend excellent server platforms, channels and services is sure to bring about software solutions that meet the needs of domestic customers.

With the development of China industry information technology, Legend comes to realize that in the aspect of IT high-end products, they can't meet the customers' need by simply offering hardware prodcuts.Legend,if it wants to make any breakthrough in industry application, will need to combine hardware platforms with industry solutions and system integration service according to the characteristics of industry needs in order to meet the business needs of industry customers.

Speaking of the cooperation with Neusoft, senior vice president of Legend Group Mr. Qiao Song said that this cooperation has realized the mutual complementation of advantages in business scope between Neusoft and Legend.The advantages of Legend lie in its brand celebrity, technology advantages in high-end server system, sustained R&D strength, localized service, good channel and customer resources; while Neusoft posesses profound experience and competence accumulated in technology, product, service and industry application.

The cooperation with Neusoft will bring mature solutions of excellence to the customers of Legend, and at the same time promote Legend to transform its business mode into service-focused style.Through this cooperation, the two companies hope to establish long-term and stable alliance partnership so that both companies may share their channels, fasten the pace of market expansion to maximize their customer resources and further promote their business.

On the subject of why initiating the coopertion in the fields of social insurance and medical insurance, leaders from both parties agree that social insurance and medical insurance areas are so far two of the areas with most rapid development in China information construction.Since systems in these two areas usually have many terminals and most of the terminals are small and medium platforms, the customers have relatively high requirement for indigenized hardware platform and localized service with realtime response.

The cooperation in these two areas will bring about three advantages to the customers. Firstly, customers will have more opportunities and options in choosing software, hardware manufacturers and system environment; Secondly, they can get localized support and implementation and shortened response time; Thirdly,the customers will have lower risk in investment, enhanced function-price-ratio for customer system, reduced cost and maximized value.

When speaking if Neusoft and Legend will have further cooperation, leaders from both companies believe that the cooperation beween Neusoft and Legend focuses on the binding and even joint in domestic social insurance and medical insurance areas where both companies can respectively make use of their established software solutions and server platform products. However, with the deepening of the cooperation, Neusoft and Legend are hopeful for a further in-depth and comprehensive cooperation.

The cooperative parties reveal that in order to guarantee the customers' benefits and offer safer and more reliable solutions for them, Neusoft has conducted tests on the reliability and stability of Legend NS1000 cluster system as well as Neusoft social insurance solutions and medical insurance solutions.Satisfactory test results have come out, which laid a firm technical foundation and gurantee for the success of the two companies' cooperation in social insurance and medical insurance areas.

Neusoft Co.,Ltd. Profile

Established in 1991, Neusoft Co.,Ltd. is the first publicly listed software company in China.The company has 28 holding companies, 7 R&D centers, 8 "virtual headquarters" in the eight districts of South China, East China, North China, Middle China, Southwest China, Northwest China and Northeast China. It has also set up subsidaries in more than 30 cities in China, as well as in Hong Kong, U.S. and Japan, which altogether formed the largest sale and service network, R&D and technical support system in domestic software industry.

With "We value your e-business" as our operation philosophy, Neusoft has developed various large-scale platform software, middleware, development tools and industry application systems as well as comprehensive solutions for basic industries and information society technology construction for national economy.

The more than 2000 large customers of Neusoft are distributed in the important fields of telecommunication, electric power, enterprise e-business, social insurance, finance and education.Neusoft has also been committed to the research and development of security projects and security products of national level.

Focusing on customers' needs, Neusoft constantly releases high-quality information security products such as the NetEye series products and complete information security solution with firewall, IDS, VPN, Universal CA, and Security Express products as its core.In addition, Neusoft develops and manufactures series of digital medical equipment supported by embedded software technology, using "virtual manufacturing" mode of production.

Neusoft also posessess strong technology advantages and development strength in simulated development environment for embedded software, car audio system, car navigation system, Bluetooth product, and software development for intelligent products such as top grade intelligent camera.

Legend Group Profile

Established in 1984, Legend Group Limited has been listed on the Stock Exchange of Hong Kong since 1994(stock No.992), and is one of the constituent stocks of the Hang Seng Index.By the second quarter of 2002(April to June) Legend computers had acquired a 27.7% market share(from IDS), and its sales volume has been ranking the first place in domestic market for six consecutive years since 1996, and the first place in Asia-Pacific market(except Japan) for 9 consecutive quarters(from IDC).On the second quarter of 2002, Lengend consumer computers ranked the third, business computer the sixth, and servers the seventh in the global market.

As an IT technology and service provider, Legend,guided by customer-oriented principle, will offer information product and service focusing on the needs of household, individual, SMEs,large enterprises and industries.And accordingly, Legend has formed six large business categories which are consuming IT category offering access equipment and information consumption, mobile telecommunication business sector, internet service business sector, which altogether focusing on individual and household;enterprise IT business category offering products for large enterprises and industries as well as services for SMEs; IT service business category offering comprehensive services including management consultation, application implementation, integration service and outsourcing operation.

Based on the QDI mainboard business, Legend has constituted contract manufacture industry business category in the hope of developing manufacturing industry of larger scale.legend also strive to develop new business through investment, aquire, and cooperation.

In concert with the development of the company, Legend came through three transitions strtegically at the same time, namely transformation from single to diversified frontend products; from product mode to scheme mode backoffice products and from value-added service to service business.In addition, Legend carries out one-stop service all over China and at the same time pays more attention to combining service and technology,service and business in order to boost competitiveness practically.

The future Legend will be a "high-tech Legend, sevice Legend and internationalized Legend."