hiSoft Establishes Asia South Regional HQ in Singa

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HiSoft Technology International Limited (NASDAQ: HSFT),[link widoczny dla zalogowanych], a leading China-based provider of outsourced Information Technology, Research and Development, and Business Process services today announced the opening of its Asia South regional HQ and delivery centre gateway in Singapore.

hiSoft is the first Chinese Information Technology, Research and Development, and Business Process Outsourcing company to complete an Initial Public Offerings on NASDAQ and the Singapore regional HQ is a part of its long-term expansion strategy to grow its presence in the global technology services markets.

Established in 1996, and headquartered in Dalian, hiSoft delivers world-class technology services to global customers,[link widoczny dla zalogowanych], with particular focus on Fortune 500 firms in the Software, Hardware, Telecom, Financial Services, Pharmaceutical and Manufacturing sectors.

hiSoft‘s presence in Singapore was established through the acquisition of IT services providers T-EST in December 2007 and AllianceSPEC in December 2009. It has since grown in strength to over 500 staff providing IT Services in R&D and Application Testing, as well as Software Development. Mr. Chu Tzer Liu, Senior Vice President and Managing Director of hiSoft Singapore is responsible for its daily operations and will oversee strategic business development in the region.

"This milestone marks another notch in hiSoft‘s growth story and is a reflection of how Chinese technology services companies are growing beyond the China market,[link widoczny dla zalogowanych], competing on a global level and hiSoft‘s leadership position in the transformation of the IT Services landscape", said Mr. Tiak Koon Loh, Chief Executive Officer of hiSoft. "We have built a very strong team in Singapore and I am confident that their talent and dedication will deliver the best business performance results for our valued clients in the region".

With 16 offices in the US,[link widoczny dla zalogowanych], Japan,[link widoczny dla zalogowanych], China and Singapore, hiSoft offers its clientele the perfect balance of high-touch and low-cost through flexible dual-shore capabilities.

IDC (International Data Corporation) ranked hiSoft in 2009 as the second largest China-based provider of offshore, outsourced software development services by revenues. hiSoft has also consistently been ranked as a top China-based player in IAOP‘s (International Association of Outsourcing Professionals) Global Outsourcing 100, and is the first China-based ITO company to receive CMM Level 5 certification company-wide as well as be certified in SAS 70 Type II Audit, ISO 27001, and ISO 9001:2008.