BEIJING, Nov. 20 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (NASDAQ:YTEC), a leading local IT and outsourced service provider to the Chinese banking industry, today announced that it will participate in the following investor events: ROTH China Comes to Phoenix Conference 2007
Event: Corporate presentation and one-on-one meetings
Time: November 29-30, 2007
Location: Royal Palms Resort and Spa, Phoenix, AZ
Speaker: Peter Li, Chief Financial Officer
Participant: Jim Preissler, Investor Relations Advisor ICR XChange Asia Conference
Event: Corporate presentation and one-on-one meetings
Time: December 5, 2007
Location: Reuters Conference Center, New York City
Speaker: Peter Li, Chief Financial Officer
Participant: Jim 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 1,500 employees and has established an extensive footprint to serve its banking clients nationwide with subsidiaries and representative offices in nine cities. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including 1) IT consulting, solutions and software platform, 2) system integration, and 3) outsourced operations. Yucheng counts 13 out of the 15 top banks in China as its customers, and is especially strong in 1) banking channel management IT solutions and services, such as web banking and call centers, 2) business processing solutions, such as core banking systems, foreign exchange, treasury, and intermediary business solutions, and 3) risk/performance management solution consulting and implementation service. It is also rapidly becoming the leading third party provider of POS merchant acquiring services in partnership with banks.
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: In Beijing, China
Ms. Wei Peng
Investor Relations
Tel: +86-10-6442-0533
Email: DATASOURCE: Yucheng Technologies Limited CONTACT: In the U.S.A., Mr. Jim Preissler, Advisor, Investor Relations, +1-646-383-4832, or , or in Beijing, China, Ms. Wei Peng, Investor Relations, +86-10-6442-0533, or , both of Yucheng
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