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TheStreet Open House

ISoftStone And Ganyue Expressway To Build Smart Transportation System In Jiangxi Province

Stocks in this article: ISS

BEIJING, April 23, 2013 /PRNewswire/ -- iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS), a leading China-based IT services and solutions provider, and Jiangxi Ganyue Expressway Co., Ltd. ("Ganyue Expressway") today announced a collaboration to build a smart transportation system for China's Jiangxi Province. Huang Zheng, President of Ganyue Expressway, General Manager Tan Shengguang, Deputy General Manager Qi Zhiping, and Huang Li, Executive Vice President of iSoftStone officially launched the Ganyue Expressway IT infrastructure development program on March 25th at the project launching ceremony.

Ganyue Expressway is principally engaged in the operation of expressways and large scale engineering construction projects in China, and is the only publicly listed company in the highway industry in Jiangxi. The smart transportation system that iSoftStone and Ganyue Expressway will build includes a data center, five internal control management systems, five operation management systems, and internal and external web portals. This smart system will help Ganyue Expressway increase competitiveness by achieving business innovation, optimizing system architecture, improving efficiency, and reducing operation costs.

"It is a pleasure to work with iSoftStone, a pioneer in the IT services industry, and hit the ground running with the development of our IT infrastructure program," said Huang Zheng, Chairman of Ganyue Expressway. "We believe the opportunities and experiences afforded by this program are immense for both Ganyue Expressway and iSoftStone."

iSoftStone provides consultation and technical support for government-led construction and smart city development projects. Its integrated smart city solution delivers an environmentally friendly and economically efficient development strategy for the modern Chinese city.

Huang Li, Executive Vice President of iSoftStone said, "iSoftStone has already accumulated a wealth of experience in smart city solutions, and through diligent practice and exploration we have formed a highly intelligent, tailored solution for smart transportation." Mr. Huang added, " Jiangxi is experiencing rapid rates of urbanization, and a rising population, currently standing at over 40 million people. Streaming the province's transportation system is imperative to ease pressure on the road network. We will endeavor to assist Ganyue Expressway with our most-advanced technology and know-how for their IT infrastructure development program to help Jiangxi form a smarter transportation system."

"At iSoftStone, we believe China's future growth will be closely linked to the development of information and communication technologies. With an ambition to create a better mode of living for the Chinese people, we are committed to investing in R&D and continue to offer our strong support in the development of IT infrastructure for governments, enterprises and the transportation sector. Our ultimate goal is to help build more smart cities in China to fully realize our smart city vision, one that harnesses the latest technological advancements as they become embedded into the physical spaces of cities."

About iSoftStone

iSoftStone (NYSE: ISS) is a leading China-based IT services provider, serving clients in both China and the world. iSoftStone provides an integrated suite of IT services and solutions including Consulting & Solutions, IT Services and Business Process Outsourcing (BPO) services. Its comprehensive end-to-end service offerings support expansion to fit the scope and scale of client engagements. iSoftStone focuses on key industry verticals including technology, communications, banking, financial services and insurance (BFSI), healthcare, and energy, transportation and public sector (ETP). For more, please visit http://www.isoftstone.com/en

About Ganyue Expressway

Jiangxi Ganyue Expressway Co., Ltd. ("Ganyue Expressway"), founded on March 31, 1998 and listed on the Shanghai Stock Exchange since May 18, 2000 (SSE: 600269), is the only listed highway company in Jiangxi Province. Ganyue Expressway was built on the philosophy of "building the company and fostering responsibility alongside harmonious innovation," and constantly seeks to realize their mission to make less congested roads and happy residents, increasing company value in the process. Ganyue Expressway regards themselves responsible for improving the transportation system in Jiangxi and boosting regional economic development, striving to continuously strengthen their corporate governance structure around the board of directors, and creating a sustainable and healthy development model for the company through innovations in philosophy, financing, technology, management and culture.

SOURCE iSoftStone Holdings Limited

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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