Shanghai Jiefeng is the Second Successful Acquisition for iSoftStone in 2008 BEIJING, Aug. 13 /Xinhua-EMWPresswire/ -- Today iSoftStone Information Service Corporation (iSoftStone), a global provider of business consulting, IT outsourcing, and business process outsourcing services, announced that it has completed the post-acquisition integration with Shanghai Jiefeng Information Technologies Co. (Shanghai Jiefeng), a provider of enterprise application development services. Founded in 2001, Shanghai Jiefeng brings an expanded service offering, which allows iSoftStone to provide seamless, high quality, cost-effective delivery to existing and new clients of both legacy companies. Shanghai Jiefeng's comprehensive .NET technology and enterprise application development capabilities enable important functions such as HR, payroll and procurement applications, as well as knowledge management and projection management applications. ''We are delighted to join iSoftStone,'' said Hong Liu, Founder and General Manager of Shanghai Jiefeng. ''With iSoftStone's well-established delivery platform, we have a great advantage in delivering a broader array of high-quality services to our clients.'' ''The acquisition of Shanghai Jiefeng is a nice compliment to our strong continued organic growth, and a testament to the high quality platform we are building,'' said TW Liu, Chairman and CEO of iSoftStone. ''In the current market environment we have begun to see numerous opportunities to continue to improve our vertical domain expertise and geographic coverage via strategic acquisitions. As such, by continually expanding our service offerings, enhancing our technology capabilities, and leveraging economies of scale, we are better able to serve our clients.'' The completion of the post-merger integration with Shanghai Jiefeng follows the successful acquisition of Akona Consulting of Seattle, WA in February 2008. Together, the capabilities of Akona and Shanghai Jiefeng enable iSoftStone to offer an expanded range of services, including business consulting, which leverages iSoftStone's robust China-based delivery platform to provide a more flexible and cost effective total IT solution.
About iSoftStone Founded in 2001, iSoftStone is a global provider of business consulting, IT outsourcing, and business process outsourcing services to clients in the United States, Europe, Japan, Korea, and China. Based in Beijing with offices in key client geographies, iSoftStone provides a comprehensive end-to-end service offering including on-shore client-facing business consulting, and off-shore delivery of IT outsourcing and software product engineering services. iSoftStone is certified CMMI Level 5, ISO9001 and ISO27001, and focuses on key client industries including financial services, telecommunications, high technology, media, energy & utilities, and transportation & logistics. For more information, please visit http://www.isoftstone.com .
For more information, please contact: iSoftStone Information Service Corporation: Sophie Yang Tel: +86-10-5874-9169 Email: jhyang@iSoftStone.com
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