The stock is up as much as 19.34% on Thursday.
Volume traded – so far – as this release was issued intraday: 682,397
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About the Company:
HiSoft Technology International Limited, through its subsidiaries, provides outsourced information technology (IT), and research and development services in Asia, North America, and Europe. Its IT services include application development, such as evaluating client needs, configuring applications into customized systems, and managing migration of data from previous systems; application testing, a process for verifying the functions of a software product to meet the applicable requirements before general adoption; and application maintenance services for custom applications, as well as implementation and support services for packaged software. The companys research and development services comprise outsourced testing, consisting functionality testing, globalization testing, localization testing, performance testing, security testing, and test automation; and software globalization services comprise adapting software for multi-lingual translation, and multimedia localization involving translation and engineering multiple components into transcripts, video, sound, graphics and animation, and desktop publishing. It serves technology and banking, financial services, and insurance industries. The company was founded in 1996 and is headquartered in Dalian, the Peoples Republic of China.
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