Neusoft is Devoted to Becoming the Best IT Outsourcing Business Partner with Japan

China's Largest Software Enterprise Debuts at the Japan [iEXPO2004]

[Japan--Tokyo] The largest Japan IT comprehensive exposition--- [iEXPO2004] is held annually in Tokyo Big Sight during December 1 to 3, 2004 in Japan Neusoft Group, the largest software and solution provider in China (headquarters: Shenyang City, Liaoning Province, China. Chairman & CEO: Dr. Liu Jiren) attends this exposition as the gold sponsor.

Neusoft Group, the only Chinese software enterprise at this exposition, displays many kinds of software products, and communicates with the Japanese customers face to face, which indicate a brand-new historical stage of the cooperation between Neusoft and Japanese enterprises and their great cooperative potential on IT outsourcing, BPO business and talents cultivation.

Centering around the theme of cooperation creates win-win, Neusoft has further established its leading position in the Japanese market through the overall exhibition. At the exhibition booth, Neusoft shows the resources, experience and abilities on IT outsourcing by means of products introduction and demonstration, and exhibits the embedded software (including car audio system, car navigation system, mobile phone and PDA, etc.), NetEye, PACS, and e-Learning courseware, which draw great attention from many Japanese enterprises to lay a solid foundation for the extension in Japanese market.

During the speech of OPEN SEMINAR on [IEXPO2004], Zheng Yamin the vice- manager of Neusoft Japan Co., Ltd. roundly introduces Neusoft's resources and abilities on IT outsourcing partnering with Japanese enterprises and Neusoft's localized developing conditions in Japan. Zhang Yamin considers that communication and implementation are the foundation for the cooperation and achieving mutual benefit for both Chinese and Japanese software enterprises.

For the reason of acquiring the recognition from Japanese customers persistently, Chinese companies have to consider questions in terms of both sides, and create value for customers. However, Neusoft has developed IT outsourcing to Japan for 13 years, with extensive experiences and mature business system, the Group has gained the long-term trust honour from large numbers of Japanese customers.

It is reported that, Neusoft Japan Co. Ltd. was established in September 2001, which could supply faster and timelier supports and services for Japanese customers. At present, Neusoft Japan Co. Ltd. has over 30 employees, among whom more than half are Japanese. Neusoft' s IT outsourcing takings to Japan has reached US$ 24 million in 2003. The contract value will amount to US$ 35 million in 2004, with a share of 10% in the Group's major takings.

Dr. Liu Jiren, chairman & CEO of Neusoft Group, also holds that at the exhibition, the development of economic globalization gives the unprecedented opportunity to IT enterprises in both China and Japan on IT outsourcing cooperation. As the " world factory", China also can become the "world office". The successful experience of cooperation between Neusoft and Japanese enterprises during the past 13 years indicates that, the greatest obstacles between us are the differences on culture and shortage of communication, however, these obstacles will be conquered by communication and mutual trust.

Nowadays, Neusoft has been developing IT outsourcing cooperation with dozens of enterprises such as Toshiba, Alpine etc.. Dr. Liu considers that, the IT resources complementarity can settle the solid foundation for the two countries' cooperation. He believes that, in the following 5 years, through the enhancement of our capability and the improvement of the quality, Neusoft will become the largest and the most credible IT outsourcing partner with Japanese enterprises in China.

About Neusoft

Founded in 1991, Neusoft originated from Northeastern University. Over more than a decade's development, the company with a registered capital of US$ 250,000, a team with a dozen people in 1991, has grown to become a leading solution provider with over 6,000 employees, ten thousand customers around the world, 11 R&D centers, and sales and service network in over 40 cities. In 2003, sales revenue of Neusoft has reached RMB 2.2 billion Yuan.

With 3 core businesses-----software & services, digital medical products, and IT education & training, Neusoft takes a leading role and has powerful advantages in domestic market. Neusoft's solution has applied in telecom, electric utility, social insurance, taxation, tobacco industry, network security, digital medical products, industry, financial and security industry, education, e-business and transportation, etc.. Neusoft holds leading market share in China, and has become the most outstanding software and solution provider. Meanwhile, Neusoft has established the all-round strategic partnership with over 20 multi-national enterprises.