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Yucheng Technologies Limited to Present at the Fourth Annual Piper Jaffray China Growth Conference

Yucheng Technologies Ltd.
2007-03-05 18:59 1012

BEIJING, March 5 /Xinhua-PRNewswire/ -- Yucheng Technologies

(OTC Bulletin Board: YCHTF; YCHWF) today announced that it will present at the Fourth Annual Piper Jaffray China Growth Conference on Wednesday, March 7th, at the Ritz-Carlton Beijing hotel in Beijing, China. From 2:30 to 4:00pm, Peter Li, Chief Financial Officer, will present on the Emerging Internet Companies panel and also conduct a brief question and answer session regarding Yucheng Technologies' company overview, products and services, financial performance and future strategies.

Management will also be available on that day, March 7th, for one-on-one meetings with analysts and investors, interested parties please contact the company's Investor Relations.

Piper Jaffray conferences are by invitation only. If you would like to receive an invitation to one of our conferences, please contact your Piper Jaffray representative.

About Yucheng Technologies Ltd.

Yucheng Technologies Ltd. is an IT solution and services provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has established an extensive footprint to serve its banking clients nationwide with five subsidiaries and representative offices located in Shanghai, Guangzhou, Xian, Xiamen, and Chengdu. Yucheng currently has more than 630 employees across China. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks from system integration and IT consulting, to IT solutions, software platform, and outsourced operations. Yucheng counts 12 out of the 15 top commercial banks in China as its customers. Yucheng is especially strong in banking channel management IT solution and services, such as web banking and call centers. The newly acquired risk management practice will enable Yucheng to reap the benefits of exponential demand for building up risk management by Chinese banks driven by its profit conscientiousness and Basil Accord II compliance. It has the largest market share in the web banking application market in China by user base according to a third party research report. Yucheng is ranked one of the top five IT solution providers, along with IBM and Digital China by IDC's "China Banking Industry IT Solution 2006-2010 Forecast and Analysis" report released in September 2006. Yucheng management team consists of industry veterans with extensive experience in serving the Chinese banking industry.

For more information, please contact:

In Beijing, China

Ms. Wei Peng

Investor Relations, Yucheng Technologies Ltd.

Tel: +86-10-64420533

Email: pengwei@yuchengtech.com

In the U.S.A.

Mr. Jim Preissler

Director, Yucheng Technologies Ltd.

Tel: +1-646-383-4832

Email: jim@yuchengtech.com

Source: Yucheng Technologies Ltd.
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