4/11/2007

China IT Outsourcing Leader, Longtop International, Continues North American Expansion With Acquisition Of Seattle-Based Minecode LLC

Longtop's rapid growth in North America continues with the west-coast acquisition of Minecode. Longtop's focus now extends from coast to coast in North America and to its multiple delivery centers in China including Beijing, Shanghai and Xiamen.

For Immediate Release

TORONTO, Canada/EWORLDWIRE/March 16, 2007 --- Longtop International (LTI), part of Longtop Group, today announced the acquisition of Minecode LLC of Seattle. Longtop International is a leader in global software and information technology outsourcing combining a North American front-end and China back-end. With the addition of over 150 North-American based employees, this merger represents Longtop's initial acquisition in North America and positions Longtop as a clear leader amongst the China-based IT and software outsourcing firms.

Minecode provides software development and IT services to North American companies in a dual onshore and offshore mode. Minecode has extensive expertise in the Microsoft technology platform and provides a range of services including application development, QA and testing, knowledge management and data warehousing to its customers across the Pacific North West. This acquisition complements Longtop’s existing delivery capability in North America and extends Longtop's client base through Minecode's established marquee relationships. The
Longtop International management team will also be extended with the addition of the existing Minecode CFO, Rakesh Garg and Minecode COO, Manish Samadarshi. Both Mr. Garg and Mr. Samadarshi have extensive experience in the global sourcing market having helped establish the success of some of the initial Indian providers in this space. A portion of the original MineCode LLC business has also been spun off into a separate new entity - MineCode USA LLC, that will be run separately by the Minecode CEO, PK Samal.

"The combination of our mature China-based delivery infrastructure and existing North American team with the breadth and depth of skills in Minecode provides Longtop with a step up on the competition in our ability to properly service clients," said Eric Liang, Longtop International's chief executive officer. "As the offshore outsourcing market accelerates its expansion outside of India, China is increasingly becoming the choice of 'smart-sourcers' across verticals and domains. Having a strong North American presence to support client needs and to minimize the often hidden challenges of a global sourcing strategy is a key success factor
and one that Longtop International takes very seriously. The Minecode team provides us with a strong step in that direction."

"The Minecode merger complements our existing organic growth in North America and provides us with an increased west-coast presence," said Neil FitzGerald, Longtop International's chief operations officer. "With our Seattle office complimenting our existing eastern offices in Princeton and Toronto, we are increasingly able to provide onshore and onsite client support services from the local IT community. Longtop's North American team will now be one of the largest of any of the China pure-play IT outsourcing providers and this team will greatly complement our back-end development offices in Beijing, Shanghai, Chengdu, Guangzhou, and Xiamen, China. We are very excited about the enthusiasm in the marketplace for our services and we are moving aggressively to optimally service our increasing client base."

About Longtop Group

Longtop Group, established in 1996, is the leading China-based integrated IT service provider in the banking and financial services vertical. Operating in this and other verticals, Longtop provides globally sourced software development, QA and testing, enterprise application implementation and maintenance, and system integration services to companies across China and North America. According to recent data from IDC, Longtop is one of the top three integrated banking IT service providers in China and according to CCID, ranks first in overall competitiveness in ATM and foreign exchange solutions. Longtop has offices in the United States, Canada and China. For information on the company and its services, visit 'http://www.longtopinternational.com'.

About Minecode

Minecode was founded in 2001. With an executive team grounded in the experience of Indian and
North American IT environments, Minecode has cultivated an impressive list of clients on the west coast of the United States. For information on the company and its services, visit 'http://www.minecode.com'.

For more information contact:
Paul Siu
Director of Public Relations
Longtop International
416.322.2925
psiu@longtopinternational.com

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CONTACT:
Paul Siu
Longtop International
120 Eglinton Ave E
Suite 1000
Toronto, Canada M4P 1E2
PHONE. 416-322-2925
EMAIL: psiu@longtopinternational.com
http://www.longtopinternational.com

SOURCE: Longtop International

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