Neusoft, Leading Chinese IT Solutions and Services Provider Joins NG Connect Program
First Chinese company to join the multi-industry initiative to develop services and solutions for high bandwidth IP networks
SHENGYANG, January 5, 2011 — The ng Connect Program, founded by Alcatel-Lucent (Euronext Paris and NYSE: ALU), today announced that Neusoft Corporation (600718.SH), a leading IT Solutions and Services provider in China, has joined the global initiative comprised of innovative network, consumer electronics, application and content providers developing solutions and business models for next generation networks. With 18,000 employees worldwide, Neusoft serves multiple global industries including telecom, utilities, social security, manufacturing, healthcare, automotive and transportation. It is the first Chinese company to join the program.
With 54 member companies worldwide, ng Connect is the telecom industry’s leading ecosystem for the creation of next-generation fixed and mobile broadband services based on Long Term Evolution (LTE) and other high bandwidth technologies.
“We look forward to contributing our significant industry and technical expertise as well as our global reach to the organization,” stated Dr. Liu Jiren, Chairman and CEO of Neusoft. “Neusoft shares a common vision with the ng Connect Program of technical innovation and excellence. We are looking forward to our future work with ng Connect Program members.”
Neusoft will collaborate with ng Connect Program members to create solution concepts and services that will help service providers develop new and profitable business models for next generation networks. The collaboration will focus initially on enhancing the LTE Connected Car concept with Neusoft’s automobile infotainment solutions, as well as joint work on e-healthcare solution concepts.
“The collaboration is a powerful example of our successful industry alliances in China,” stated Rajeev Singh-Molares, President for Asia Pacific, Alcatel-Lucent. “China’s vast market presents tremendous opportunities for Alcatel-Lucent and the entire ng Connect membership to work with Neusoft to create cutting-edge solutions that address the challenges of this rapidly growing country.”
About Neusoft Corporation
Neusoft is a leading IT solutions & services provider in China, with worldwide operations, serving an increasing range of large corporate customers from all over the world. 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 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.[sc_ngc_press-release-boilerplate]