BEIJING, May 13 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (NASDAQ:YTEC), a leading provider of IT solutions and services to China's banking industry, today announced that it will participate in the following investor events: Roth Capital Partners 3rd Annual China Discovery Tour Event: Corporate presentation and one-on-one meetings
Time: May 19th, 2008
Location: The Regent Hotel, Beijing, China
Speaker: Remington Hu, Chief Financial Officer Brean Murray, Carret & Co. All- Cap All-China Conference Event: Corporate presentation and one-on-one meetings
Time: May 20th, 2008
Location: The Waldorf Astoria, New York City, USA
Speaker: Remington Hu, Chief Financial Officer Oppenheimer & Co. Inc 2nd Annual China Dragon Call Conference Event: Corporate presentation and one-on-one meetings
Time: May 20th, 2008
Location: Oppenheimer Executive Conference Center, 300 Madison Avenue,
New York City, USA
Speaker: Remington Hu, Chief Financial Officer About Yucheng Technologies Limited Yucheng Technologies Limited (YTEC) is a leading IT service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has more than 1,700 employees and has established an extensive footprint to serve its banking clients nationwide, with subsidiaries and representative offices in fourteen cities. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including 1) channel-related IT solutions, such as web banking and call centers, 2) business-related processing solutions, such as core banking systems, foreign exchange and treasury management, and 3) management-related IT solutions, such as risk analytics and business intelligence. It is also a leading third party provider of POS merchant acquiring services in partnership with banks in China.
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 Beijing, China
Ms. Yvonne Young
Investor Relations
Tel: +86-10-6442-0533
Email: In the U.S.A. Mr. Jim Preissler
Advisor, Investor Relations
Tel: +1-646-383-4832
Email: DATASOURCE: Yucheng Technologies Limited CONTACT: In Beijing, China, Ms. Yvonne Young, Investor Relations, +86- 10-6442-0533, or , or in the U.S.A., Mr. Jim Preissler, Advisor, Investor Relations, +1-646-383-4832, or , both of YTEC
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