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hiSoft and VanceInfo to Conduct Joint Non-deal Roadshow

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BEIJING, Aug. 15, 2012 /PRNewswire-Asia-FirstCall/ -- HiSoft Technology International Limited, ("hiSoft") (NASDAQ: HSFT), and VanceInfo Technologies Inc. ("VanceInfo") (NYSE: VIT), both leading China-based providers of outsourced information technology and research and development services today announced that Chris Chen, Chairman and Chief Executive Officer of VanceInfo, Tiak Koon Loh, Chief Executive Officer of hiSoft, and Sidney Huang, Co-President and Chief Financial Officer of VanceInfo, will conduct a non-deal roadshow to jointly meet with investors in the following cities on the following dates: 

Date                            

City

August 20, 2012         

New York

August 21, 2012         

Boston

August 22, 2012         

San Francisco

August 24, 2012         

Hong Kong

Interested parties should contact the following coordinator:

Benjamin Lim - Citigroup Global Markets Asia Limited

Email:  Benjamin1.lim@citi.com

Tel:  +852-2501-7631

About VanceInfo Technologies Inc.

VanceInfo (NYSE: VIT) is an IT service provider and one of the leading offshore software development companies in China. VanceInfo's comprehensive range of IT services includes R&D Outsourcing Services, Consulting and Solutions Services, Application Management Services and Other Solutions & Services. VanceInfo provides these services primarily to corporations headquartered in Greater China, the United States, Europe and Japan, targeting high-growth industries such as telecommunications, technology, financial services, travel and transportation services, manufacturing, retail and distribution.

About HiSoft Technology International Limited

hiSoft (NASDAQ: HSFT) is a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China. hiSoft provides its services to leading companies around the world through a combination of onshore and offshore delivery capabilities. hiSoft leverages its skilled technology specialists and client-centric delivery centers to offer customers reliable and high-quality technology solutions.

IMPORTANT INFORMATION FOR INVESTORS

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. The proposed merger involving hiSoft Technology International Ltd. ("hiSoft") and VanceInfo Technologies Inc. ("VanceInfo") will be submitted to the respective shareholders of hiSoft and VanceInfo for their consideration.  In connection with the proposed transaction, hiSoft will file with the Securities and Exchange Commission ("SEC") a registration statement on Form F-4 that will include a preliminary joint proxy statement of VanceInfo and hiSoft and will constitute a prospectus of hiSoft.  hiSoft and VanceInfo also plan to file other documents with the SEC regarding the proposed transaction.  HISOFT AND VANCEINFO URGE INVESTORS AND SECURITY HOLDERS TO READ THE PRELIMINARY JOINT PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC (INCLUDING THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.  

Investors and shareholders may obtain free copies of the preliminary joint proxy statement/prospectus and other documents containing important information about hiSoft and VanceInfo (including the definitive joint proxy statement/prospectus), once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov.

Cautionary Statement Regarding Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect VanceInfo's and hiSoft's current beliefs, expectations or intentions regarding future events.  Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursue," "target," "continue," and similar expressions are intended to identify such forward-looking statements.  These forward-looking statements include, without limitation, VanceInfo's and hiSoft's expectations with respect to the synergies, costs and other anticipated financial impacts of the proposed transaction; future financial and operating results of the combined company; the combined company's plans, expectations and intentions with respect to future operations and services; approval of the proposed transaction by shareholders; the satisfaction of the closing conditions to, or timing of the completion of, the proposed transaction; and other factors with respect to hiSoft, VanceInfo or the proposed transaction that are set forth in the "Risk Factors" section and other sections of hiSoft's and VanceInfo's Annual Reports on Form 20-F and other SEC filings.  All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of VanceInfo and hiSoft and are difficult to predict.  All subsequent written and oral forward-looking statements concerning VanceInfo, hiSoft, the proposed transaction or other matters and attributable to VanceInfo or hiSoft or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.  Neither VanceInfo nor hiSoft undertakes any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

For Investor and Media Contacts

Ross Warner
HiSoft Technology International Limited
Tel:  +86-10-5987-5865
Email:  investor_relations@hisoft.com

Sheryl Zhang
VanceInfo Technologies Inc.
Tel: +86-10-8282-5330
Email: ir@vanceinfo.com

SOURCE HiSoft Technology International Limited



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