BEIJING, Aug. 31 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (Nasdaq: YTEC), a leading local IT and outsourced service provider focused to the Chinese banking industry, today announced that it will participate in the following investor events in September:
Roth Capital Partners 2007 New York Conference
Event: Corporate presentation and one-on-one meetings
Time: 11:30am EST, September 6, 2007
Location: Westin Hotel Times Square, New York
Participant: Peter Li, Chief Financial Officer
2007 Credit Suisse Asian Technology Conference China Day
Event: One-on-one meetings and small group investor meetings
Time: September 10, 2007
Location: The Crown Plaza Hotel, Shen Zhen
Participant: Peter Li, Chief Financial Officer
Brean Murray, Carret 3rd Semi-Annual Investor Tour of Mainland China
Event: Corporate presentation
Time: 13:00pm Beijing Time, September 11, 2007
Location: Grand Hyatt Hotel, Beijing
Participant: Peter Li, Chief Financial Officer
WRH+CO CHINA INTERNET AND TECHNOLOGY TOUR
Event: Corporate presentation
Time: 16:30pm Beijing Time, September 11, 2007
Location: Grand Hyatt Hotel, Beijing
Participant: Peter Li, Chief Financial Officer
Lehman Brothers 2007 China Financial Investment Forum
Event: One-on-one meetings
Time: September 13, 2007
Location: China World Hotel, Beijing
Participant: Peter Li, Chief Financial Officer
Maxim Group Growth Conference
Event: Corporate Presentation and one-on-one meetings
Time: September 20, 2007
Location: Grand Hyatt Hotel, New York
Participant: James Preissler, Investor Relations Advisor
About Yucheng Technologies Limited
Yucheng Technologies Limited (YTEC) is a leading IT and outsourced service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has more than 1,200 employees and has established an extensive footprint to serve its banking clients nationwide with nine subsidiaries and representative offices located in Shanghai, Guangzhou, Xi’an, Xiamen, Zhengzhou, Kunming, Nanjing, Changsha and Chengdu. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including 1) system integration and IT consulting, 2) solutions and software platform, and 3) outsourced operations. Yucheng counts 13 out of the 15 top banks in China as its customers, and is especially strong in banking channel management IT solutions and services, such as web banking and call centers, and risk/performance management solution consulting and implementation service. It is also rapidly becoming one of the leading third party providers of POS merchant acquiring services.
Safe Harbor Statement
This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “project” or “continue” or the negative thereof or other similar words. Such forward-looking statements, based upon the current beliefs and expectations of Yucheng’s management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: current dependence on the PRC banking industry demand for the products and services of Yucheng; competition from other service providers in the PRC and international consulting firms; the ability to update and expand product and service offerings; retention and hiring of qualified employees; protection of intellectual property; creating and maintaining quality product offerings; operating a business in the PRC with its changing economic and regulatory environment; and the other relevant risks detailed in Yucheng filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Yucheng assumes no obligation to update the information contained in this press release.
For further information, please contact:
In the U.S.A.
Mr. Jim Preissler
Advisor, Investor Relations
Tel: +1-646-383-4832
Email: jpreissler@yuchengtech.com
In Beijing, China
Ms. Wei Peng
Investor Relations
Tel: +86-10-6442-0533
Email: investors@yuchengtech.com
