BEIJING, Dec. 21, 2010 /PRNewswire-Asia-FirstCall/ -- HiSoft Technology International Limited ("HiSoft" or the "Company") (Nasdaq: HSFT), a leading China-based provider of outsourced information technology and research and development services headquartered in Dalian, China, today announced the strategic partnership with Open Text Corporation ("Open Text"), a global leader in Enterprise Content Management (ECM), to support Web Content Management (WCM) global customers.
"Our strategic partnership will enable our customers to intelligently manage and deliver a broad set of corporate information to users on the web," said HiSoft Chief Executive Officer Tiak Koon Loh. "Clients are demanding more sophisticated solutions and services to differentiate themselves in an increasingly competitive global economy. Open Text is a global leader in ECM, providing innovative solutions that help organizations manage and optimize their business content. The ECM market is rapidly growing in China and our strategic partnership with Open Text will complement our core product line and provide a more comprehensive service and solutions offering to our customers."
Graham Pullen, Open Text Vice President and General Manager, Asia Pacific and Japan explained, "With a strong footprint in the China and Asia Pacific markets, HiSoft is vital to Open Text's strategy in the region. HiSoft gives us market access and the service capabilities of a Tier-1 global service provider. These are the foundation of our rapid growth strategy in the region. There are many Chinese and global enterprises that are investing in business productivity applications to increase their competitiveness and we believe our partnership with HiSoft is critical to capturing this growth."
HiSoft will be an implementer and authorized reseller of the Open Text WCM technologies already in use by organizations in China such as Sony China and MiTAC International Corp.
Highly personal customer experience through WCM
The role of WCM has significantly expanded from a place to store and publish external-facing content to a vital tool in helping to support organizational business goals in such areas as sales and customer support. This means that WCM must deliver a highly personal customer experience and be able to tap into content housed in many different enterprise systems. As digital assets have become less expensive to create, companies need better ways to manage rich media such as audio and video.
About HiSoft Technology International Limited
HiSoft Technology International Limited (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.
For more information about HiSoft, please visit http://www.hisoft.com.
About Open Text Corporation
Open Text, a global ECM leader, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness.
For more information about Open Text, please visit http:// www.opentext.com.
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. HiSoft cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. For factors that could cause actual results to vary, perhaps materially, from these forward-looking statements, please refer to the HiSoft's filings with the Securities and Exchange Commission. Forward-looking statements contained herein speak only as of the date of this release. HiSoft does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.
For investor and media inquiries please contact:
Mr. Ross Warner
HiSoft Technology International Limited
Mr. Agustin Bautista
Ogilvy Financial, Beijing
In the U.S.:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
SOURCE HiSoft Technology International Limited