iSoftStone safe harbor statement
This news release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include our growth and financial outlook for year 2012, our assessment of the business environment in
and globally (including expectations as to economic growth, technology and infrastructure transformation, and cost inflation in
), our ability to achieve continued operational and delivery efficiencies and a diversified and balanced revenue base, our expectations regarding new strategic initiatives, growth drivers, and company transformation program, and our expectations regarding continued strong client demand and related purchasing patterns for our service offerings both with respect to existing contracts and new contracts.
Our forward-looking statements are not historical facts but instead represent only our belief regarding expected results and events, many of which, by their nature, are inherently uncertain and outside of our control. Our actual results and other circumstances may differ, possibly materially, from the anticipated results and events indicated in these forward-looking statements. We may not meet our financial outlook for the year 2012, continue to realize operational and delivery efficiencies and continued strong client demand or achieve a diversified and balanced revenue base, effectively capitalize on our growth opportunities and new strategic initiatives and growth drivers, and effectively and smoothly transform our company as anticipated or otherwise grow our business in the manner planned. Our customers may vary their purchasing patterns in response to the economic environment in
and globally. In addition, other risks and uncertainties that could cause our actual results to differ from what we currently anticipate include: our ability to effectively manage our rapid growth; intense competition from
-based and international IT services companies; our ability to attract and retain sufficiently trained professionals to support our operations; and our ability to anticipate and develop new services and enhance existing services to keep pace with rapid changes in technology and in our selected industries. For additional information on these and other important factors that could adversely affect our business, financial condition, results of operations, and prospects, please see "Risk Factors" that begins on page 7 of our 2011 Annual Report on Form 20-F that we filed with the U.S. Securities and Exchange Commission on
April 27, 2012
, which can be found on our website at
. All projections in this release are based on limited information currently available to us, which is subject to change. Although these projections and the factors influencing them will likely change, we undertake no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Such information speaks only as of the date of this release.
iSoftStone Holdings Limited
Chief Financial Officer