iSoftStone Completes Post-merger Integration With Shanghai Jiefeng Information Technologies Co.

2008-08-13 08:00:00

  Shanghai Jiefeng is the Second Successful Acquisition for iSoftStone in

                                    2008



    BEIJING, Aug. 13 /Xinhua-EMWNews/ -- Today iSoftStone Information

Service Corporation (iSoftStone), a global provider of business consulting,

IT outsourcing, and business process outsourcing services, announced that

it has completed the post-acquisition integration with Shanghai Jiefeng

Information Technologies Co. (Shanghai Jiefeng), a provider of enterprise

application development services.



    



    Founded in 2001, Shanghai Jiefeng brings an expanded service offering,

which allows iSoftStone to provide seamless, high quality, cost-effective

delivery to existing and new clients of both legacy companies. Shanghai

Jiefeng's comprehensive .NET technology and enterprise application

development capabilities enable important functions such as HR, payroll and

procurement applications, as well as knowledge management and projection

management applications.



    ''We are delighted to join iSoftStone,'' said Hong Liu, Founder and

General Manager of Shanghai Jiefeng. ''With iSoftStone's well-established

delivery platform, we have a great advantage in delivering a broader array

of high-quality services to our clients.''



    ''The acquisition of Shanghai Jiefeng is a nice compliment to our

strong continued organic growth, and a testament to the high quality

platform we are building,'' said TW Liu, Chairman and CEO of iSoftStone.

''In the current market environment we have begun to see numerous

opportunities to continue to improve our vertical domain expertise and

geographic coverage via strategic acquisitions. As such, by continually

expanding our service offerings, enhancing our technology capabilities, and

leveraging economies of scale, we are better able to serve our clients.''



    The completion of the post-merger integration with Shanghai Jiefeng

follows the successful acquisition of Akona Consulting of Seattle, WA in

February 2008. Together, the capabilities of Akona and Shanghai Jiefeng

enable iSoftStone to offer an expanded range of services, including

business consulting, which leverages iSoftStone's robust China-based

delivery platform to provide a more flexible and cost effective total IT

solution.



    About iSoftStone



    Founded in 2001, iSoftStone is a global provider of business

consulting, IT outsourcing, and business process outsourcing services to

clients in the United States, Europe, Japan, Korea, and China. Based in

Beijing with offices in key client geographies, iSoftStone provides a

comprehensive end-to-end service offering including on-shore client-facing

business consulting, and off-shore delivery of IT outsourcing and software

product engineering services. iSoftStone is certified CMMI Level 5, ISO9001

and ISO27001, and focuses on key client industries including financial

services, telecommunications, high technology, media, energy & utilities,

and transportation & logistics. For more information, please visit

http://www.isoftstone.com .




For more information, please contact: iSoftStone Information Service Corporation: Sophie Yang Tel: +86-10-5874-9169 Email: jhyang@iSoftStone.com

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