VanceInfo Ranked Number One Vendor in R&D Services by Huawei Technologies

Beijing, China | March 10, 2008
VanceInfo Technologies Inc. (NYSE: VIT), an IT service provider and one of the leading offshore software development companies in China, today announced that the company has been ranked number one by Huawei Technologies in its most recent ranking of R&D services vendors.
Huawei Technolgies is a leader in next generation telecommunications networks. VanceInfo has been providing software development and testing services for Huawei for more than 7 years, including billing systems, multimedia gateways, SMS service systems, mobile data service platforms, and so on.
Huawei Technologies performs regular reviews of its vendors. The top companies in the ranking receive a 20 percent premium in billing rate compared to other vendors, as well as more business opportunities with Huawei. Vendors are ranked on factors including quality and timeliness of project delivery, testing capabilities, CMMi maturity, project acceptance rate, residual defect rate, and stability of project teams. VanceInfo rose into the top ranking and received the highest rating possible for project acceptance rate, timely delivery and team stability after successful R&D process improvement efforts during the past year. Huawei became a top 10 customer of the company in 2007.
Mr. Chris Chen, Chief Executive Officer of VanceInfo Technologies, stated "Huawei Technologies' recent recognition of VanceInfo as the top vendor is very exciting for everyone here at our company. It is rewarding to have our hard work recognized, and I extend my congratulations to everyone here who made this achievement possible. I am especially pleased to have earned the number one position in the R&D outsourcing services category, given Huawei's status as one of China's leading technology companies. With our accumulated experience in the telecom industry, our long standing relationship with clients such as Huawei, and our proven delivery capabilities and domain knowledge, we are confident to win more businesses in the telecom industry."
About VanceInfo
VanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange.
The Company ranked number one among Chinese offshore software development service providers for the North American and European markets as measured by 2007 revenues, according to International Data Corporation, or IDC, a leading independent market research firm.
VanceInfo's comprehensive range of IT services includes research & development services, enterprise solutions, application development & maintenance, quality assurance & testing, and globalization & localization. VanceInfo provides these services primarily to corporations headquartered in the United States, Europe, Japan, and China, targeting high growth industries such as technology, telecommunications, financial services, manufacturing, retail and distribution.
Safe Harbor
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "should," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Potential risks and uncertainties include, but are not limited to, the Company's dependence on a limited number of clients for a significant portion of its revenues, the overall economic growth in its principal geographic markets, the quality and portfolio of its services lines and industry expertise, and the availability of a large talent pool in China and supply of qualified professionals, as well as the PRC government's investment in infrastructure construction and adoption of various incentives in the IT service industry. Further information regarding these and other risks is included in VanceInfo's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. All information provided in this press release and in the attachments is as of March 10, 2008, and VanceInfo does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
Media & PR Contact:
Vivian Jiao
Tel: +86 10 82825266 ext. 8579
E-mail: jiao_yang@vanceinfo.com