http://www.aitsoftware.com.cn vanceinfo website http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20120515 Beijing, May 15, 2012 – VanceInfo Technologies Inc. (NYSE:VIT) (“VanceInfo” or the “Company”), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the first quarter ended March 31, 2012.First Quarter 2012 Financial and Operating HighlightsNet revenues for the first quarter of 2012 increased to $86.1 million, up 50.0% from $57.4 million for the first quarter of 2011. Net revenues from the Consulting and Solutions business increased to $9.8 million, up 109.1% over the same quarter last year. Diluted earnings per share (“EPS”) and non-GAAP diluted EPS were $0.08 and $0.16, respectively, for the first quarter of 2012. Employees totaled 15,693, including 14,111 billable professionals, as of March 31, 2012. "We are pleased to report a strong quarter with revenue growth exceeding our expectation,” said Chris Chen... Tue, 15 May 2012 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20120425 Hong Kong, SAR, April 25, 2012 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced the grand opening of a new Asia-Pacific headquarters office located in The Hong Kong Science Park. The opening ceremony was attended by the VanceInfo senior leadership team along with guests from The Central People's Government in HK SAR, and The Hong Kong Science and Technology Parks Corporation.Mr. Yang Yi, the Deputy Minister of the Ministry of Economic Affairs and Trade, of The Liaison Office of The Central People's Government in HK SAR, delivered a keynote address at the opening ceremony. Representing VanceInfo senior management at the opening ceremony were Chris Chen, Chairman and Chief Executive Officer, David Chen, Vice Chairman and President of VanceInfo, and Paul Wong, Senior VP and head of the VanceInfo APAC Business Group.Chris Chen stated: ... Wed, 25 Apr 2012 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20120228 Beijing, February 28, 2012 – VanceInfo Technologies Inc. (NYSE:VIT) (“VanceInfo” or the “Company”), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2011.Fourth Quarter and Full Year 2011 Financial and Operating HighlightsNet revenues for the fourth quarter of 2011 increased to $87.2 million, up 46.3% from $59.6 million for the fourth quarter of 2010.Diluted earnings per share (“EPS”) and non-GAAP diluted EPS were $0.11 and $0.20, respectively, for the fourth quarter of 2011.Net revenues for the full year 2011 were $283.1 million, an increase of 33.8% over 2010.Diluted EPS and non-GAAP diluted EPS1 were $0.49 and $0.74, respectively, for the full year 2011.Employees totaled 14,958, including 13,424 billable professionals, as of December 31, 2011."We are very exc... Tue, 28 Feb 2012 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20111115 Beijing, November 15, 2011 – VanceInfo Technologies Inc. (NYSE:VIT) (“VanceInfo” or the “Company”), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the third quarter ended September 30, 2011.Third Quarter 2011 Financial and Operating HighlightsNet revenues for the third quarter 2011 increased to $70.3 million, up 25.9% from $55.9 million for the third quarter 2010. Gross profit for the third quarter 2011 was $24.0 million, up 18.2% from $20.3 million for the same period in 2010. Gross margin for the third quarter 2011 was 34.1%, compared to 36.3% for the third quarter 2010. The gross margin was negatively impacted by wage inflation in excess of billing rate increases and certain temporary project delays during the quarter. Net income in the third quarter 2011 was $3.2 million and non-GAAP net income (1) was $6.1 million, both of which ... Tue, 15 Nov 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110901 Melbourne, September 1, 2011 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced the company’s tender for the Australian Victorian State Government eServices Panel has been accepted. 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 t... Thu, 01 Sep 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110816 Beijing, August 16, 2011 – VanceInfo Technologies Inc. (NYSE:VIT) (“VanceInfo” or the “Company”), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the second quarter ended June 30, 2011.Second Quarter 2011 Financial and Operating HighlightsNet revenues for the second quarter 2011 increased to $68.2 million, up 31.8 % from $51.8 million for the second quarter 2010. Gross profit for the second quarter 2011 was $24.8 million, up 21.1% from $20.5 million for the same period in 2010. Gross margin for the second quarter 2011 was 36.4%. Net income in the second quarter 2011 was $7.1 million, compared to $7.2 million in the second quarter 2010. Non-GAAP net income (1) for the second quarter 2011 was $9.5 million, up 10.8% from the same period in 2010. Diluted earnings per share ("EPS") were $0.16 and non-GAAP diluted EPS (1) wer... Tue, 16 Aug 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110711 Beijing, July 11, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT), a leading China-based IT consulting, solution, and outsourcing service provider, today announced that it has been awarded a spot on the 2011 Global Services 'Top 10 Product Engineering Vendors' list. This marks the second year VanceInfo has been selected by Global Services as the sole China-based vendor among the world's foremost vendors of software R&D services. The Company has also been listed as one of the 'Top Global Mid-Tier ITO Vendors', a select group of thirteen leading global mid-tier IT Outsourcing (ITO) providers.Both the 'Top Product Engineering Vendors' and the 'Top Global Mid-Tier ITO Vendors' categories are subsets of the overall Global Services 100 (GS100) list that represents companies serving mature global customers through advanced global delivery models, have a broad portfolio of service offerings or niche leadership, and have demonstrated business excellence. The 6th Annual GS100 stu... Mon, 11 Jul 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110707 Beijing, July 7, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) (“VanceInfo”), an IT service provider and one of the leading offshore software development companies in China, today announced a new services contract to provide development and quality assurance of airline related IT systems to AirAsia Berhad (“AirAsia”), the World’s Best Low-Cost Airline 2009-2010-2011 and pioneer of low-cost travel in Asia. Under the services agreement, VanceInfo will provide onshore IT expertise to AirAsia facilities in Malaysia, as well as leverage offshore IT resources from VanceInfo service delivery centers in China to provide IT system development and support services. The initial scope of services will cover airline reservations and departure control core systems. "Our solutions partners play a key role to ensure we provide the absolute best value and finest customer experience throughout the Asia region,” commented La... Thu, 07 Jul 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110704 Beijing, July 4, 2011 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China, today announced that the Microsoft ‘Best Vendor Award - FY 11’ for China has been awarded to the VanceInfo Shanghai office. Based on comprehensive past performance and audit results, this is the first year the award has been presented.The Microsoft IT Offshore Facility team conducted audits on multiple vendor sites in China. VanceInfo’s winning site in Shanghai was selected based on past performance tracked through KPI reports. The audit was conducted based on ISO 27001 standards, with security controls verified, observed and documented throughout the audit process. VanceInfo Shanghai met all the basic security controls and exceeded security expectations. About VanceInfoVanceI... Mon, 04 Jul 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110607 Beijing, June 7, 2011 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), and IT service provider and one of the leading offshore software development companies in China, today announced that the Company has been ranked number one with increased market share among China-based offshore software development vendors for Europe and North America as measured by 2010 revenues, according to International Data Corporation ("IDC"). This marks the fourth consecutive year that VanceInfo has been ranked number one by IDC in this category.IDC is a leading global provider of market intelligence for the information technology, telecommunications, and consumer technology markets. The IDC research paper "China–Based Offshore Software Development 2011–2015 Forecast and Analysis" covers the current status of the China-based offshore software development market as well as vendor rankings. According to the study, IDC ca... Tue, 07 Jun 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110516 Beijing, May 16, 2011 /PRNewswire-Asia/ -- VanceInfo Technologies Inc. (NYSE:VIT - News) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the first quarter ended March 31, 2011. First Quarter 2011 Financial and Operating HighlightsNet revenues for the first quarter 2011 increased to $57.4 million, up 29.5 % from $44.3 million for the first quarter 2010. Gross profit for the first quarter 2011 was $21.5 million, up 20.2% from $17.9 million for the same period in 2010. Gross margin for the first quarter 2011 was 37.4%. Non-GAAP net income(1) for the first quarter 2011 was $9.1 million, up 17.6% from the same period in 2010. Non-GAAP net margin(1) for the first quarter 2011 was 15.8%. Non-GAAP diluted earnings per share ("EPS")(1) were $0.20 for the first quarter of 2011. Employees totaled 11,646, including 10,400 ... Mon, 16 May 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110412 BEIJING, April 12, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced that it has acquired 100% equity interest in the main operating subsidiaries of LW International Holdings Limited ("Lifewood"), a China-based company providing business process outsourcing ("BPO") services. Under the terms of the acquisition agreement, VanceInfo will pay an initial consideration of $5.6 million in cash and stock, with contingent consideration to be paid based on Lifewood's financial performance over the next three years.Established in 2004, Lifewood provides primarily data processing services to clients in the United States, Europe and Asia Pacific. Its key industry verticals include publishing, healthcare and financial services. The acquisition marks VanceInfo's strategic expansion into the BPO business, an early stage gr... Tue, 12 Apr 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110321 BEIJING, March 21, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced that its Board of Directors has approved a share repurchase program, effective March 2011. Under the program, VanceInfo has been authorized, but is not obligated, to repurchase up to $40 million worth of outstanding American Depositary Shares (ADSs) representing the ordinary shares of VanceInfo from time to time over the next 12 months, depending on market conditions, share price and other factors, as well as subject to the relevant rules under US securities regulations.The share repurchase program will be funded by the Company's 2011 free cash flow as well as existing working capital. As of December 31, 2010, the Company had cash, cash equivalents and marketable securities of approximately US$181.7 million.As of December 31, 2010, the Company had 44,556,910 ... Mon, 21 Mar 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110228 Beijing, February 28, 2011 – VanceInfo Technologies Inc. (NYSE:VIT) (“VanceInfo” or the “Company”), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2010.Fourth Quarter and Full Year 2010 Financial and Operating HighlightsNet revenues for the fourth quarter of 2010 increased to $59.6 million, up 37.8 % from $43.3 million for the fourth quarter of 2009. Gross profit for the fourth quarter of 2010 was $22.3 million, up 36.5% from $16.3 million for the same period in 2009. Diluted earnings per share (“EPS”) and Non-GAAP diluted EPS(1) were $0.19 and 0.22 for the fourth quarter of 2010, respectively. Net revenues for the full year 2010 were $211.6 million, up 42.9% from 2009. Operating margin for the full year 2010 was 15.1%, compared to 15.5% for 2009. Non-GAAP o... Mon, 28 Feb 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110225 Beijing, February 25, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) (“VanceInfo”), an IT service provider and one of the leading offshore software development companies in China, today announced it was granted the 2010 Software Development Vendor Excellence Award by China Development Bank (“CDB”), a wholly state-owned Chinese bank primarily engaged in mid- and long-term investment and financing activities that support China’s national strategic development plan.The award was granted for VanceInfo’s work on developing the client’s Enterprise Service Bus (ESB), a core software infrastructure platform based on Service Oriented Architecture (“SOA”). The platform allows CDB to build discrete functions of different applications into standard business process modules, helping the bank improve return on its IT infrastructure investment and respond more quickly to changing market conditions. VanceInfo... Fri, 25 Feb 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110118 Beijing, January 18, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China, today announced it was granted the 2010 Deloitte China Risk Intelligence Award by Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte"). The award, granted in collaboration with School of Economics and Management at Tsinghua University, recognizes prominent Chinese mainland companies that have demonstrated competence in enterprise risk management. Twenty five enterprises out of more than 120 participating companies were selected for the awards.Deloitte defines a risk intelligent enterprise as one that is able to intelligently manage a full spectrum of risks across all aspects, the practice of which helps improve operations and enhance transparency. The selection criteria, covering nine distinct characteristics of risk intelligent enterprises, center upon the innovativeness and achievements of ... Tue, 18 Jan 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110111 BEIJING, Jan. 11, 2011 /PRNewswire-Asia/ -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China, today announced the official launch of an Outsourced Development Center ("ODC") in Beijing, China with HNA Tourism Holding (Group) Company Ltd. ("HNA Tourism Group"), the tourism business of a leading China travel industry conglomerate Hainan Airlines Co., Ltd. ("HNA Group"). The opening ceremony was attended by Chris Chen, Chairman and Chief Executive Officer of VanceInfo and Yanbing Yu, CIO of HNA Tourism Group.VanceInfo has begun establishing the ODC to help HNA Tourism Group enhance IT capabilities and develop comprehensive e-commerce applications that facilitate B2B and B2C travel business activities including e-commerce and online payment systems designed to improve client services while reducing time-to-market, increasing competitive agility, and s... Tue, 11 Jan 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20110110 BEIJING, Jan. 10, 2011 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced that with immediate effect, Sidney Huang has been appointed Co-President in addition to his Chief Financial Officer responsibilities and Frances Zhang has been appointed Chief Operating Officer.Mr. Sidney Huang joined the Company in 2006 and has been our Chief Operating Officer since 2008 and our Chief Financial Officer since 2006. In his new role as Co-President, Mr. Huang will assist the Chief Executive Officer in managing the Company's organizational growth and strategic transactions, while Co-President Mr. David Chen will continue to lead the Company's strategic planning and business development efforts.Ms. Frances Zhang joined the Company in 2006 and has been our Executive Vice President leading the Vertical Solutions Group since 2009. As an expert in s... Mon, 10 Jan 2011 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20101117 Beijing, November 17, 2010 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the third quarter ended September 30, 2010.Third Quarter 2010 Financial and Operating HighlightsNet revenues in the third quarter of 2010 increased to $55.9 million, up 39.0 % from $40.2 million in the third quarter of 2009.Net income in the third quarter of 2010 was $7.7 million, up 33.9% from $5.8 million in the year-ago period. Non-GAAP net income(1) was $9.0 million, up 27.2% from $7.1 million a year ago.Diluted earnings per share ("EPS") were $0.18 in the third quarter, up from $0.14 in the third quarter of 2009. Non-GAAP diluted EPS(1) was $0.21 in the third quarter, up from $0.17(2) in the third quarter of 2009.Employees totaled 10,602, including 9,512 billable professionals, as of September 30, 2010.&... Wed, 17 Nov 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100928 Beijing, September 28, 2010 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo") an IT service provider and one of the leading offshore software development companies in China, today announced it has entered into an agreement to establish an offshore development capability in Shenzhen, China for Cathay Pacific Airways Ltd. ("Cathay Pacific"), one of the world's most successful airlines. The offshore development capability will be used to provide a variety of IT services and solution expertise in support of Cathay Pacific's future business direction and address its expected growth initiatives. VanceInfo will help Cathay Pacific deliver development and enhancement services for the client's airline information systems including passenger and cargo services, flight operations, and corporate and administrative functions. "The engagement of VanceInfo in our information technology landscape is an important component of our operating model," said Tomasz Sma... Tue, 28 Sep 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100830 Beijing, August 30, 2010 -- VanceInfo Technologies Inc. (NYSE: VIT), a leading China-based IT consulting, solution, and outsourcing service provider, today announced that it has joined the Symbian Foundation, which, together with its ecosystem, is creating the highly proven, open and complete mobile software platform. "The Symbian Foundation welcomes VanceInfo into the community," said Lauren Sarno, Member Programs for Symbian. "Our services members ensure that companies with great ideas for the Symbian community can reach their full potential on time and within budget. By understanding and engaging with the Symbian platform, VanceInfo will contribute to a growing, evolving mobile value chain." As a member of the Symbian Foundation, VanceInfo gains the immediate right to participate in the governance of the Symbian Foundation, and the opportunity to become a package owner or earn a seat on the technology councils that determine the evolution of the platform. Va... Mon, 30 Aug 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100817 Beijing, August 17, 2010 -- VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), a leading China-based IT consulting, solution, and outsourcing service provider, today reported its unaudited financial results for the second quarter ended June 30, 2010. Second Quarter 2010 Financial and Operating HighlightsNet revenues in the second quarter of 2010 increased to $51.8 million, up 49.8 % from $34.6 million in the second quarter of 2009Operating income in the second quarter of 2010 was $8.3 million, up 54.3% from $5.4 million in the second quarter of 2009. Operating margin was 16.1% in the second quarter of 2010, up from 15.6% in the second quarter of 2009Non-GAAP net income(1) was $8.6 million, up 47.2% from $5.8 million(2)Non-GAAP net income(1)a year agoNon-GAAP diluted EPS(1) was $0.20in the second quarter, up from $0.14(2) in the second quarter of 2009Employees totaled 10,011, including 8,925 billable professionals, as of June 30, 2010... Tue, 17 Aug 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100816 Beijing, August 16, 2010 -- VanceInfo Technologies Inc. (NYSE: VIT), a leading China-based IT consulting, solution, and outsourcing service provider, today announced that it has been awarded a spot on the 2010 Global Services 'Top Outsourced Product Development Vendors' list. This marks the first year a Chinese vendor has been selected by Global Services to be among the world's foremost vendors of software R&D services. The 'Top Outsourced Product Development Vendors' category is a subset of the overall Global Services 100 (GS100) list that represents companies serving mature global customers through advanced global delivery models, have a broad portfolio of service offerings or niche leadership, and have demonstrated business excellence. The 5th Annual GS100 study was conducted by Global Services in association with NeoAdvisory, the globalization and sourcing advisory firm, and reflects the diversity and overall landscape of the service provider community in terms of company s... Mon, 16 Aug 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100730 Beijing, July 30, 2010 -- VanceInfo Technologies Inc. (NYSE: VIT), an IT service provider and one of the leading offshore software development companies in China, today announced that the Company has been ranked number one among China-based offshore software development vendors for Europe and North America as measured by 2009 revenues, according to International Data Corporation ("IDC"). This is the third consecutive year that VanceInfo has been ranked number one by IDC in this category. IDC is a leading global provider of market intelligence for the information technology, telecommunications, and consumer technology markets. The IDC research paper "China–Based Offshore Software Development 2010–2014 Forecast and Analysis" expatiates on the current status of the China-based offshore software development market as well as vendor rankings. According to the study, IDC calculates that the China-based offshore software development market reached US... Fri, 30 Jul 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100513 Beijing, May 13, 2010 – VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today reported its unaudited financial results for the first quarter ended March 31, 2010. First Quarter 2010 Financial and Operating HighlightsNet revenues in the first quarter of 2010 increased to $44.3 million, up 47.3 % from $30.1 million in the first quarter of 2009Operating income in the first quarter of 2010 was $7.1 million, up 64.0% from the first quarter of 2009. Operating margin expanded to 16.0% in the first quarter of 2010, up from 14.4% in the first quarter of 2009Diluted earnings per share ("EPS") were $0.15 in the first quarter of 2010, up from $0.10 in the first quarter of 2009. Non-GAAP diluted EPS(1) was $0.18 in the first quarter, up from $0.11(2) in the first quarter of 2009Employees totaled 9,263, including 8,337 billable p... Thu, 13 May 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100430 VanceInfo Technologies Inc. (NYSE: VIT)("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced that it filed its annual report on Form 20-F for the year ended December 31, 2009 with the U.S. Securities and Exchange Commission on April 30, 2010. The annual report can be accessed on the Investor Relations section of VanceInfo's website at http://ir.vanceinfo.com . VanceInfo will provide a hard copy of its annual report on Form 20-F containing complete audited financial statements for the year ended December 31, 2009, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to VanceInfo Technologies Inc., 3rd Floor Building 8, Zhongguancun Software Park, Haidian District, Beijing China, 100193. About VanceInfoVanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China. VanceInfo ... Fri, 30 Apr 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100429 VanceInfo Technologies Inc. ("VanceInfo" or the "Company") (NYSE: VIT), an IT service provider and one of the leading offshore software development companies in China, today announced that it will release unaudited financial results for the quarter ended March 31, 2010, before the U.S. market opens on Thursday, May 13, 2010. The Company will host a corresponding conference call and live webcast to discuss the results at 7:30 AM Eastern Daylight Time (EDT) on Thursday, May 13, 2010 (7:30 PM Beijing/Hong Kong time). Please dial-in five minutes prior to the call to register and receive further instruction. The dial-in details for the live conference call are as follows: - U.S. Toll Free Dial-in Number: + 1 866.730.5763- International Dial-in Number: +1 857.350.1587- Hong Kong Dial-in Number: +852 3002-1672Passcode: Vance The conference call will be available live via webcast on the Investors section of VanceInfo Technologies website at http://ir.vanceinfo.com. ... Thu, 29 Apr 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100330 Beijing, March 30, 2010 -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo") (the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced an agreement to provide a comprehensive telecommunications back-end management system for Chuan Wei (Cambodia) Company Ltd. ("Chuan Wei"), a provider of cutting-edge broadband services in Southeast Asia. The agreement, signed at a ceremony in Phnom Penh by David Chen, President of VanceInfo, and Chuan Wei's Chairman and CEO, Alan Khov, comes following a rigorous global vendor search and evaluation by Chuan Wei. Chuan Wei offers corporate communications services in Cambodia through a nationwide fiber-optic network and is planning to introduce wireless broadband services. "Chuan Wei will play a leading role in establishing world-class broadband and ICT infrastructure in Cambodia, so we can afford to work with nothing less than world-class IT ... Tue, 30 Mar 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100302 March 2, 2010Joseph Vafi, Managing Director of Jefferies Equity Research, today shared the story of VanceInfo in 'Power Lunch', which is a televised CNBC (Consumer News and Business Channel) business news program examining businesses, people, and trends that influence Wall Street.With a continuous and rapid growth rate over the past two years after listing on the New York Stock Exchange in December 2007, VanceInfo has demonstrated the vision and determination necessary to grow under challenging conditions. Despite the economic downturn during 2009, net revenues for the full year were $148.1 million, up 44.2% from $102.7 million in 2008 (http://www.vanceinfo.com/en/newsroom/pressreleases/20100225). "The big Indian firms really don't have much of a chance to win big outsourcing deals in China...the Indians seem to be boxed out at this point. [Reporter: This is the leading offshore software development company in China] That is correct...VanceInfo does do a lot of business for big Am... Tue, 02 Mar 2010 00:00:00 GMT http://www.aitsoftware.com.cn/en/newsroom/PressRelease/20100228 February 28, 2010 VanceInfo Technologies Inc. (NYSE:VIT) ("VanceInfo" or the "Company"), an IT service provider and one of the leading offshore software development companies in China, today announced 'VanceInfo's Bank Call Center Solution' won the award of the best solution of large-scale call centers awarded by China Computer World Media in 2010. VanceInfo's bank call center solution ... Sun, 28 Feb 2010 00:00:00 GMT