DALIAN, China, June 18 /PRNewswire/ --

- Neusoft Park (Hekou, Dalian) Officially Opens

Neusoft Corporation, the largest offshore software and service outsourcing provider in China, inaugurated another software park at the Dalian High-tech Industrial Zone today. Designed to expand its operations and accelerate its globalization process, this facility, the second of its kind invested in by Neusoft in Dalian, may house 10,000 engineers and will become, combined with the previous one, a software & service global delivery center to facilitate its fast-growing offshore-outsourcing operations. In view of Dalian's rapid expansion in the software & information service industry, such a move indicates Neusoft's determination to accelerate its expansion to the overseas market. In addition, the city is making a giant step towards becoming a champion of software & service outsourcing in the world.

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Positioned to offer IT outsourcing and BPO services to Europe, America, Japan, and Korea, the new park will also include Neusoft's three industry solution business units for telecom, electric power, and finance, as well as its car electronics R&D center and leadership development center. Neusoft will rise up as a large global operations base that focuses on service outsourcing and product engineering solutions. Neusoft will engage itself in building the park into the largest offshore outsourcing base for the Japanese market in China and a leading embedded software outsourcing development center around the world. Neusoft plans to open the park to more of its global partners with more industry-specific offerings, aiming to create an ecological industrial environment where it may share resources with its international partners for mutual growth.

Dr. Liu Jiren, Chairman & CEO of Neusoft Corporation, expressed that the concept and construction of the new park is based on Neusoft's future strategy and business growth. As economic globalization deepens and Asian economy grows, more and more global software & service outsourcing businesses are shifting into Asia. China is becoming another important offshore outsourcing destination, rising as a major force in the future global market. Neusoft, dedicated to becoming a globalized IT solutions & services provider, plans to improve its international revenue percentage from current 30% to 50% in the coming 3 to 5 years.

Contact: Evelyn Tang Brand Management & Corporate Communication Center Neusoft Corporation Tel: +86-24-8366-5663 Fax: +86-24-8366-3451 Email: tangyi@neusoft.com

Evelyn Tang of Neusoft Corporation, +86-24-8366-5663, or fax, +86-24-8366-3451, or email, tangyi@neusoft.com /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061219/CNTU012LOGO , PRN Photo Desk, 888-776-6555 or 212-782-2840