| Copyright: | PR Newswire | | Source: | PR Newswire | | Wordcount: | 332 |
BEIJING, China, April 1, 2008 /Xinhua-PRNewswire/ -- Longtop Financial
Technologies Limited ("Longtop") (NYSE: "LFT"), a leading software developer
and solutions provider targeting the financial services industry in China,
today announced the signing of an agreement with Ping An Insurance. This is
the first agreement between Longtop and Ping An, and deepens Longtop's
penetration and market presence within the insurance sector.
Longtop will provide ETL-based data integration solutions to Ping An,
marking the second recent significant win for the Company's ETL-based
solutions following the deal announced with China AMC earlier in March.
Lian Weizhou, CEO of Longtop, commented: "The agreement with Ping An
Insurance demonstrates the flexibility of our industry-leading ETL-based
solutions, as within the past month they have been the cornerstone of two
significant partnerships within the insurance and fund management sectors. We
are pleased that Longtop is able to initiate work with another prestigious
company such as Ping An."
About Longtop Financial Technologies Limited
Longtop is a leading software development and solutions provider targeting
the financial services industry in China. Longtop develops and delivers a
comprehensive range of software applications and solutions with a focus on
meeting the rapidly growing IT needs of the financial services institutions in
China. Longtop has five solution delivery centers, three research centers and
thirty nine service centers located in 20 provinces throughout China. Longtop
was founded in 1996 by Jia Xiaogong, our Chairman and Lian Weizhou, our CEO,
as a system integration company focusing on the financial services industry in
China and made the transition to a software and solutions provider in 2001.
For more information, please visit: http://www.longtop.com .
For more information, please contact: Longtop Financial Technologies Limited Huiying Yang Tel: +86-592-239-6888 x1312 Email: ir@longtop.com Financial Dynamics Julian Wilson Tel: +86-10-8591-1951 Email: julian.wilson@fd.com Peter Schmidt Tel: +86-10-8591-1953 Email: peter.schmidt@fd.com
SOURCE Longtop Financial Technologies Limited
CONTACT: Longtop Financial Technologies Limited, Huiying Yang, +86-592- 239-6888 x1312, or ir@longtop.com; or Financial Dynamics, Julian Wilson, +86- 10-8591-1951, or julian.wilson@fd.com; or Peter Schmidt, +86-10-8591-1953, or peter.schmidt@fd.com, both for LFT
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