Press Release

News Image

BearingPoint Australia - Purchase of Business by HiSoft Technology International Ltd

Sydney - September 20, 2012

Eagle Corporate Advisers served as legal counsel to HiSoft Technology International Ltd, ('HiSoft'; NASDAQ: HSFT), one of China's biggest providers of outsourcing services, on the recent acquisition of the Australia based consulting firm, BearingPoint Holdings Pty Ltd and related operations.

"The firm was excellent to work with," commented Mr. Daniel Litster, Vice President of Corporate Development at HiSoft. "The process was efficient and professional, and their advice always targeted toward a solution."

HiSoft is headquartered in Dalian, China, and 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.

This acquisition involved the sale of all of the ownership interests of the sellers, which included shares in the operating business as well as a parallel unit trust structure that owned certain key assets.

About Eagle Corporate Advisers: Eagle Corporate Advisers is a boutique firm of professional advisors specializing in international transactions. It brings the talent of top-tier firms globally and adds a solutions focus within a boutique service level experience.

For more information: eagle-advisers.com.