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HiSoft Issues Fourth Quarter 2010 Update

BEIJING Feb. 23, 2011 China Dalian, China $3.5 million US$0.15 to US$0.16 US$0.82 to US$0.83 US$0.67 to US$0.68

Tiak Koon Loh December 31, 2010

Fourth Quarter 2010 Conference Call Details

7:00 a.m. Eastern Time Tuesday, March 01, 2011 8:00 p.m. Beijing

The dial-in number for the conference call is as follows:

U.S. Toll Free:         +1-800-860-2442  

International Dial In: +1 412-858-4600

http://www.mzcan.com/cancast/us/index.php?id=usHSFT_19&version=e

http://www.hisoft.com

Non-GAAP Diluted Earnings per ADS

HiSoft uses non-GAAP diluted earnings per ADS which excludes share-based compensation expense, amortization of acquired intangible assets and change in fair value of contingent consideration payable for business acquisition. Non-GAAP diluted earnings per ADS is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. HiSoft believes that non-GAAP diluted earnings per ADS provides meaningful supplemental information regarding its performance by excluding certain expenses and expenditures that may not be indicative of its operating performance. The Company believes that both management and investors benefit from referring to non-GAAP diluted earnings per ADS in assessing the Company’s performance and when planning and forecasting future periods. A limitation of using non-GAAP diluted earnings per ADS is that it excludes the share-based compensation charges, amortization of acquired intangible assets and change in fair value of contingent consideration payable for business acquisition that have been and will continue to be for the foreseeable future a significant recurring expense in the business. Management compensates for these limitations by providing specific information in our financial results regarding the GAAP amounts excluded from non-GAAP diluted earnings per ADS and other non-GAAP financial measures. The tables accompanying our financial results have more details on the reconciliations between GAAP financial measures that are comparable to non-GAAP financial measures.

About HiSoft Technology International Limited

China Dalian, China http://www.hisoft.com

For investor and media inquiries , please contact:

In China:

Mr. Ross Warner

HiSoft Technology International Limited

Tel:     +86-10-5987-5827

Email: [email protected]

Mr. Agustin Bautista

Ogilvy Financial, Beijing

Tel:     +86-10-8520-6166

Email: [email protected]

In the U.S.:

Ms. Jessica Barist Cohen

Ogilvy Financial, New York

Tel:   +1-646-460-9989

Email: [email protected]

SOURCE HiSoft Technology International Limited

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