VanceInfo Selected by Australian Victorian State Government as eServices Provider

The eServices panel exists under authority of the Government Services Division (GSD) as a certification panel for information and communications technology services (ICT). Key service categories the eServices Panel handles include Management, Strategy and Analysis, Architecture and Design, Systems and Solutions, Web Hosting, and Training. According to the GSD, the certification process mandates budget sector agencies to “purchase eServices from the panel”, whereby all Victorian Government departments and agencies are only permitted to use venders approved by the eServices Panel.  A stringent application process led to a tender acceptance rate of less than 30%, with 30% fewer vendors approved this year when compared with the prior year. 
 

“Inclusion on the Victorian Government eServices Panel marks the opening of a new chapter in VanceInfo’s public-sector ICT service offerings, and opens the door for the Company to continue strategic expansion in the Australian ICT services market,” commented Victor Li, Managing Director of VanceInfo’s Australia operations. “VanceInfo strives to become a truly international ICT services provider, with Company offices and operations around the globe. This recent certification by the Australian government demonstrates our commitment to earning the trust and business of local governments not only in Australia, but in each local market we serve.”  

 

VanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange. 

 

The Company ranked number one among Chinese offshore software development service providers for the North American and European markets as measured by 2010 revenues, according to International Data Corporation. 

 

VanceInfo's comprehensive range of IT services includes research & development services, enterprise solutions, application development & maintenance, quality assurance & testing, globalization & localization and other solutions and services. VanceInfo provides these services primarily to corporations headquartered in the United States, Europe, Japan, Australia and Greater China, targeting high-growth industries such as technology, telecommunications, financial services, travel services, manufacturing, retail and distribution.

 

This news release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, should, expects, anticipates, future, intends, plans, believes, estimates, and similar statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Potential risks and uncertainties include, but are not limited to, the company’s dependence on a limited number of clients for a significant portion of its revenues, the economic slowdown in its principal geographic markets, the quality and portfolio of its services lines and industry expertise, and the availability of a large talent pool in China and supply of qualified professionals, as well as the PRC government's investment in infrastructure construction and adoption of various incentives in the IT service industry. Further information regarding these and other risks is included in VanceInfo's filings with the U.S. Securities and Exchange Commission. All information provided in this news release and in the attachments is as of September 1, 2011, and VanceInfo does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.