HiSoft Elevated to NASDAQ Global Select Market
BEIJING, Feb. 9, 2011 /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 that it has been named to the NASDAQ Global Select Market, the premier listing tier for NASDAQ companies. HiSoft securities will be listed on the NASDAQ Global Select Market effective January 3, 2011.
"We are honored to be recognized as a Company that meets the highest listing standards in the world," stated HiSoft Chief Executive Officer Tiak Koon Loh. "Inclusion in this listing recognizes our solid financial performance in 2010 and our long-term potential for sustainable growth. We will continue to be a leader in the IT outsourcing vertical in China as we strive to move up the value chain and provide more sophisticated solutions and services to our customers."
Measures like market value, liquidity and earnings are used by NASDAQ to determine which companies are included in the NASDAQ Global Select Market. Qualifying companies make up approximately one third of NASDAQ listings.
For more information on the NASDAQ Global Select Market, please visit:
http://www.nasdaq.com/about/Top_Tier_Splash.stm
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.
For investor and media inquiries please contact: |
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In China: |
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Ross Warner |
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HiSoft Technology International Limited |
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Tel: +86-10-5987-5827 |
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Email: [email protected] |
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Agustin Bautista |
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Ogilvy Financial, Beijing |
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Tel: +86-10-8520-6166 |
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Email: [email protected] |
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In the U.S.: |
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Jessica Barist Cohen |
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Ogilvy Financial, New York |
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Tel: +1-646-460-9989 |
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Email: [email protected] |
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SOURCE HiSoft Technology International Limited
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