SHENYANG, China, January 5 /PRNewswire/ --

Neusoft Corporation (600718.SH), the largest offshore software and service provider in China, announced today that Klaus Zimmer, former Chairman CEO of SAP North Asia, has officially joined Neusoft Corporation, holding the offices of Vice President and European President for enhanced local presence in the European market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061219/CNTU012LOGO )

Working within the IT industry for 28 years, Klaus Zimmer has more than 20 years of management experience from a range of senior executive positions, including International Sales Manager of Siemens Data, Munich, General Manager of Siemens Shanghai, CEO of SAP Greater China since 1997, and Chairman CEO of SAP North Asia since January 2005.

Dr. Liu Jiren, Chairman CEO of Neusoft Corporation, stated that Neusoft pays great attention to the development of the international markets and it is an important approach in Neusoft's global strategy to continuously introduce excellent talents with a global vision, international background, and rich IT industry experience management skills. He said that Europe is the most advanced equipment manufacturing center in the world with huge demands for embedded software development services, such as mobile phones, cars, control systems, medical equipment, etc. However, as the global financial crisis has brought more and more European MNCs under the double pressure of cost efficiency and innovation, outsourcing will be one of their important strategies to acquire future competitiveness. In the coming couple of years, Neusoft will, just as it has done in the Japanese market over the past decade and more, strive to exploit European and U.S. markets.

It is reported that Neusoft has also restructured the executive team of its American company. Walter Fang, who had been working with IBM for 27 years and has more than 30 years of IT industry experience and rich management skills, was named V.P. and President of Neusoft America. Dr. Liu said that these overseas enhancement moves have clearly indicated Neusoft's confidence and determination to become part of the international markets as a global growth company.

About Neusoft

Neusoft is a leading IT solutions services provider and the largest offshore software and service outsourcing provider in China. For more information about Neusoft, please visit http://www.neusoft.com/en .

Evelyn Tang, Senior PR Manager, Neusoft Corporation, +86-24-8366-5663, or tangyi@neusoft.com; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20061219/CNTU012LOGO