Deutsche Bank today announced its appointment as depositary bank for the NASDAQ listed American Depositary Receipt (ADR) program of HiSoft Technology International Limited (HiSoft).
HiSoft is a leading China-based provider of outsourced information technology and research and development services, primarily for companies in the US and Japan, including 25 Fortune Global 500 companies. In 2009, International Data Corporation, a leading independent market research firm, ranked HiSoft as the second largest China-based provider of offshore, outsourced software development services by revenues.*
Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, “We are pleased to be HiSoft’s depositary bank of choice. This appointment underscores Deutsche Bank’s commitment to the PRC and we look forward to ensuring that the company’s shareholders receive the highest level of service.”
*Source: HiSoft Technology International Limited (June 2010)
For further information, please call:
Deutsche Bank AG
Phone: +1 212 250 5602
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 80,849 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Trust & Securities Services
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of financial structures and transactions. It is a leading depositary for American and Global Depositary Receipts, providing value-added services to companies raising capital in international markets or listing on the New York, Nasdaq, London, Luxembourg, Singapore or NASDAQ Dubai stock exchanges by means of depositary receipts. It also offers fund and hedge fund administration and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in more than 30 securities markets. Additional details are available on www.adr.db.com
The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Services Authority. This notice has been approved and/or communicated by Deutsche Bank AG London. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© July 2010 Deutsche Bank AG. All rights reserved.
Deutsche Bank provides current information via several social media platforms. Follow our Tweets, view current videos and photos or subscribe to our news updates using your preferred channel. more