VanceInfo Announces Shareholder Resolutions Adopted at 2009 Annual General Meeting
13 November 2009 - 7:23PM
PR Newswire (US)
BEIJING, Nov. 13 /PRNewswire-Asia/ -- VanceInfo Technologies Inc.
(NYSE: VIT) ("VanceInfo" or the "Company"), an IT service provider
and one of the leading offshore software development companies in
China, announced shareholder resolutions adopted at its annual
general meeting of shareholders held in Beijing today. VanceInfo's
shareholders adopted the following resolutions proposed by the
Company: 1. Re-election of Mr. Hao Chen as a Class B director of
the Company; 2. Re-election of Ms. Ruby Lu as a Class B director of
the Company; 3. Re-election of Mr. Kui Zhou as a Class B director
of the Company; 4. Ratification of the appointment of the
Independent Auditor Deloitte Touche Tohmatsu CPA Ltd. for the
fiscal year 2008 at a fee agreed by the directors; 5. Appointment
of the Independent Auditor Deloitte Touche Tohmatsu CPA Ltd. for
the fiscal year 2009 at a fee agreed by the directors; 6.
Ratification of inclusion of financial statements of fiscal year
2008 in the Company's 2008 annual report; and 7. Authorization of
the directors to take any and every action that might be necessary
to effect the foregoing resolutions 1 to 6 as such director, in his
or her absolute discretion, thinks fit. VanceInfo also announces
that its Board of Directors has accepted the resignation of Mr.
Penghui Liu from the Company's Board, effective November 13, 2009
and commended the contribution made by Mr. Liu, who plans to focus
on other personal and professional commitments. As a result, the
Board composition will be reduced to seven from eight members.
Current Board member Ms. Ruby Lu has been appointed by the Board to
replace Mr. Penghui Liu as a member of the Company's audit
committee. 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 2008 revenues, according to
International Data Corporation. 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. DATASOURCE: VanceInfo Technologies Inc. CONTACT:
Melissa Ning, Senior Director, Investor Relations, VanceInfo
Technologies Inc., +86-10-8282-5330, or
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