Neusoft Included in Global Top 100 Software Vendors and Ranked No.1 in China Top 100 Software Vendors by PwC

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Feb 28, 2011, 10:00 ET

SHENYANG, China, Feb. 28, 2011 /PRNewswire-Asia/ -- According to the newly-launched Global 100 Software Leaders report, Neusoft Corporation ("Neusoft", 600718.SH), a leading IT solution and service provider in China, is ranked among the Global Top 100 Software Vendors, and is the only software company from China included in the ranking. In addition, Neusoft also leads the ranking of the China Top 100 Software Vendors.

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Global 100 Software Leaders, a unique initiative between PwC and leading software industry associations, presents today's top 100 software companies around the world as well the Top 100 in the key countries of China, France, Germany, India, the UK and the US. This report not only provides a look at the world's leading software companies, but also offers a snapshot of the present state of the industry. The ranking is based on licence and maintenance and support revenue - as well as SaaS/ASP and open-source fees. When referring to China's software industry, Alison Wong, a Technology Leader from PwC China, commented that software enterprises have great growth potential in China, and the Chinese software market is expected to be dynamic and fast-changing in the years to come.

"It is a great honor that Neusoft is recognized as one of the Global Top 100 Software Vendors and also ranked No.1 in the China Top 100 Software Vendors," said Dr. Liu Jiren, Chairman & CEO of Neusoft Corporation, one of 23 software company executives who received the interviews for this report. "China's economy is undergoing a profound transformation from a manufacturing-centric to a knowledge-base economy, which brings enormous opportunities and great growth potential to China's software industry. Chinese software providers have made great advancements over recent years, and they have gained good market share in the domestic market and are actively expanding into international marketplaces. I believe that China will soon emerge as a major player in the global software industry."

About Neusoft

Neusoft is the leading IT solution and service provider in China with operations across the globe. Focusing on software technology, Neusoft provides industry solutions, product engineering solutions and related software products & platform, and services. With more than 18,000 employees around the world, Neusoft has a comprehensive marketing and service network in more than 40 cities across China, as well as subsidiaries in the U.S., Europe, Japan and the Middle East. The Company is the first listed software company in China and is traded on the Shanghai Stock Exchange. For more information, please visit: http://www.neusoft.com/en.