Camelot Information Systems Inc. - ADR

Camelot Information Systems Inc. was incorporated in the British Virgin Islands on November 28, 2000. The Company is a domestic provider of enterprise application services and financial industry IT services in China. It focuses on enterprises operating in the Chinese market. The Company is a domestic provider of SAP-based ERP services in China. Its primary service lines are enterprise application services, or EAS and financial industry IT services, or FIS. EAS consists of packaged software services for ERP software packages and software development and maintenance services. FIS consists of software solutions, system support and maintenance, as well as IT consulting services for the financial industry. The Company provides a wide range of implementation, customization and support services for packaged software systems to enterprise customers, with a focus on ERP software packages. Packaged software services are divided into implementation services and maintenance services. The Company's software development and maintenance services primarily consist of application development and maintenance services, project engineering services and quality assurance and testing services. Its Software solutions include intermediary business solutions for commercial banks, life insurance solutions, data transformation and verification, risk management and anti-money laundering systems for banks and help desk support and production support. The Company's system software support and maintenance service offerings include maintenance of core banking systems, system installation and customization, system performance tuning, system and application emergency support, installation and maintenance of program temporary fix packages. Its IT Consulting services include business process re-engineering, CRM, Basel II risk management, financial services logical data model and system conversion/cut-over. The Company provides services to industries including financial services, resources and energy, manufacturing and automobile, technology, as well as telecommunication, media and education. Its major customers are based in Beijing, Shanghai, Dalian, Zhuhai, Nanjing, Taipei and Tokyo. The Company's strategy is to broaden service offerings, expand delivery channels, capitalize on cross-selling opportunities, enhance and streamline solution development. It competes with Neusoft Corporation, Hand Enterprise Solutions Co., Ltd., Longtop Financial Technologies Limited, Digital China Holdings Limited, Tata Consultancy Services and Infosys Technologies Ltd.