Chinasoft Launches IT Crowdsourcing Platform, JointForce, in Beijing

BEIJING and HONG KONG, June 23, 2015 /PRNewswire/ -- On June 19, 2015, the leading Chinese IT service company, Chinasoft International Limited (Ticker: 0354.HK), announced the launch of the enterprise services for its Jointforce platform ("liberation") at the Beijing International Conference Center. This "liberation" and the launch of Jointforce's enterprise services signifies an important step for the Company's transformation from a traditional IT services company to an Internet based platform company.

The Chairman and CEO of Chinasoft, Dr. Yuhong Chen, the ITS Group CEO, Mr. Qiang Tong and CTO of Chinasoft, Mr. Peng Han jointly initiated the "liberation" launch ceremony and explained the function and service of the platform in detail. Industry leaders including Alibaba Group CTO, Dr. Jian wang, the Chairman and CEO of UFIDA software, Mr. Wenjing Wang, the CEO of Kingsoft Cloud, Mr. Hongjiang Zhang, the Chairman of DHC Software, Mr. Xiangdong Xue, Chinasoft Industry Association Chairman, Mr. Xiaofan Zhao joined the event with more than 500 IT elites to discuss the future model and development of Jointforce.

The Jointforce platform ("liberation") is an IT crowd sourcing platform that allows one to optimize management through a trusted network. It is also a massive solution development, implementation and integration platform. The platform will gather industry talents, and quickly identify their expertise to create an IT services ecosystem. The platform will help IT companies to effectively utilize society resources to organize project deliveries and help clients "fast and affordable" IT services. The platform promises to find contracting engineers within 72 hours of posting jobs.

As up this writing, there are close to 40,000 engineers and over 1,000 IT companies registered on the Jointforce platform, forming a certain influence in the industry. In the future, the Company will cooperate with large platform companies in China including Alibaba and Tencent, further broadening the scope of Jointforce.

As Jointforce launches its enterprise services, it is expected that the amount of registered IT companies and engineers will continue to increase, helping the company to consolidate long tail markets and increase revenue. Furthermore, Jointforce will transform the Company's structure to increase the Company's profit. Lastly, once Jointfoce reaches certain activity levels, the company will develop value-add services on the platform to better consolidate the entire IT industry and create a multi-dimensional Internet ecosystem. 

About ChinaSoft International Limited, "CSI" (354.HK)

Founded in 2000, ChinaSoft International Limited is a listed company in the Hong Kong Stock Exchange with its code of 354.HK. It is a large Chinese comprehensive software and information services provider, ranging from end to end services of consulting, solution, outsourcing and talent training. It serves clients including government, manufacturing, finance, telecommunication, high-tech, transportation as well as energy. It provides global services to over 100 multinational companies with more than 25,000 employees located worldwide based in 39 cities including mainland China, Hong Kong, Princeton, Seattle, London and Tokyo. For more information, please visit www.chinasofti.com.

SOURCE ChinaSoft International Ltd.

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