BEIJING, Oct. 3, 2012
/PRNewswire-FirstCall/ -- HiSoft Technology International
Limited, ("HiSoft" or the "Company") (NASDAQ: HSFT), a leading
China-based provider of outsourced information technology and
research and development services headquartered in Dalian, China, today announced that it will
hold its extraordinary general meeting of shareholders at
9:00 a.m. Beijing/Hong
Kong time on November 6, 2012
(9:00 p.m. U.S. Eastern Standard Time
on November 5, 2012) at Fangda
Partners, Beijing Office (located at 21/F, China World Tower, 1 Jianguomenwai Avenue,
Beijing 100004, P.R. China) to consider and vote upon certain
matters relating to the proposed merger with VanceInfo Technologies
Inc. (NYSE: VIT) ("VanceInfo"). Pursuant to the previously
announced merger agreement, dated August 10,
2012, as amended by the amendment dated as of August 31, 2012, by and among HiSoft, VanceInfo,
Chemistry Merger Sub Inc. and Chemistry Merger Sub II Inc.,
VanceInfo will become a wholly owned subsidiary of HiSoft at the
effective time of the merger. The combined entity will be named
"Pactera Technology International Ltd." in English.
Holders of record of the Company's ordinary shares at the close
of business on October 12, 2012
(Beijing time) are entitled to
notice of, and to vote at, the extraordinary general meeting or any
adjournment or postponement thereof. Holders of record of the
Company's ADSs at the close of business on September 25, 2012 (New
York City time) who wish to vote the ordinary shares of the
Company represented by the ADSs must act through Deutsche Bank
Trust Company Americas, the depositary of the Company's ADS
program.
In connection with the proposed transaction, the Company has
filed with the Securities and Exchange Commission ("SEC") a
registration statement on Form F-4 that includes a definitive joint
proxy statement of the Company and VanceInfo and constitutes a
prospectus of the Company (the "joint proxy statement/prospectus")
setting forth the resolutions being submitted to shareholders of
the Company for approval at the extraordinary general meeting of
shareholders and instructions on how to vote the common shares, or
instruct Deutsche Bank Trust Company Americas to vote the common
shares represented by the ADSs. The joint proxy
statement/prospectus can be obtained from the SEC's website
(http://www.sec.gov). In addition, shareholders and ADS holders
will receive the notice of the extraordinary general meeting of
shareholders and joint proxy statement by mail.
INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN
THEIR ENTIRETY THE MATERIALS FILED WITH OR FURNISHED TO THE SEC
(INCLUDING THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS), AS
THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE MERGER
AND RELATED MATTERS.
This announcement is neither a solicitation of proxy, an offer
to purchase nor a solicitation of an offer to sell any securities
and it is not a substitute for any proxy statement or other filings
that have been or will be made with the SEC.
About HiSoft Technology International Limited
HiSoft Technology International Limited (NASDAQ: HSFT) is a
leading China-based provider of outsourced information technology
and research and development services headquartered in Dalian, China. HiSoft provides its services to
leading companies around the world through a combination of onshore
and offshore delivery capabilities. HiSoft leverages its skilled
technology specialists and client-centric delivery centers to offer
customers reliable and high-quality technology solutions. For more
information about HiSoft, please visit http://www.hisoft.com.
Forward-looking Statements
This press release may contain certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on management's
current expectations or beliefs about future events and financial,
political and social trends and assumptions it has made based on
information currently available to it. HiSoft cannot assure that
any expectations, forecasts or assumptions made by management in
preparing these forward-looking statements will prove accurate, or
that any projections will be realized. Such forward-looking
statements may be affected by inaccurate assumptions or by known or
unknown risks or uncertainties. Actual results may vary materially
from those expressed or implied by the statements herein. For
factors that could cause actual results to vary, perhaps
materially, from these forward-looking statements, please refer to
the HiSoft's filings with the Securities and Exchange Commission.
Forward-looking statements contained herein speak only as of the
date of this release. HiSoft does not undertake any obligation to
update or revise publicly any forward-looking statements, whether
to reflect new information, future events or otherwise.
For investor and media inquiries please contact:
In China:
Ross Warner
HiSoft Technology International Limited
Tel: +86-10-5987-5865
Email: investor_relations@hisoft.com
SOURCE HiSoft Technology International Limited