SHENYANG, China, August 28 /PRNewswire/ --

Neusoft Corporation ("Neusoft", 600718.SH) announced on Aug. 27 that it
has signed an agreement with the Finnish software company Sesca Group Ltd.
under which Neusoft will acquire Sesca's mobile phone software development
and testing business operations in Finland and Romania. According to the
agreement, Sesca's subsidiaries, Sesca Mobile Software Oy, Almitas Oy and
Romania-based Sesca Technologies SRL will be integrated into Neusoft global
mobile solution business unit and will employ nearly 250 employees in Europe.

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The acquisition is subject to regulatory approvals in China and is
expected to close during autumn 2009. The value of the acquisition has not
been disclosed.

In the last few years, Neusoft has been consistently building significant
mobile expertise and employs now more than 1,200 highly skilled engineers in
the mobile solutions development and testing. Among others, Neusoft mobile
solutions customers include Nokia, China Mobile, and some other Japanese and
US phone makers. By acquiring exceptional talents and additional customers
through the Sesca acquisition, Neusoft is strengthening its position as a
leader in the global product engineering market.

"Neusoft is very pleased that with this acquisition we can significantly
strengthen our expertise in mobile phone software development and testing.
Sesca's know-how is world class, and by uniting the business operations of
Sesca and Neusoft, we become one of the leading global companies in mobile
phone software development and testing," says Liu Jiren, Chairman & CEO of
Neusoft Corporation.

Jarmo Leino, Chairman of Sesca Group said: "As a global company, Neusoft
will enhance its core compentence by acquiring the talents and mobile phone
software development and testing business from Sesca, which will also create
more value to the customers. On the other hand, now Sesca has partnering
opportunities with Neusoft in other business areas as well."

About Neusoft Corporation

Neusoft is a leading IT solutions & services company and the largest
offshore software and service outsourcing provider in China. For more
information about Neusoft, please visit: http://www.neusoft.com/en .

About Sesca Group

Finland-based Sesca Group is an international growth company which
delivers instrumentation and control systems as well as ICT systems for
companies within energy production, process and ICT industries. For more
information about Sesca, please visit: http://www.sesca.com

For more information, please contact:

     Evelyn Tang
     Senior PR Manager
     Neusoft Corporation
     Tel: +86-24-8366-5663
     Email: tangyi@neusoft.com