ISG Announces Agreements with Chinese Government
14 Mai 2009 - 11:37PM
PR Newswire (US)
Business unit TPI to advise Chinese Ministry of Commerce and China
Council for International Investment Promotion on expanding IT and
business process outsourcing STAMFORD, Conn., May 14
/PRNewswire-FirstCall/ -- Information Services Group, Inc.
(NASDAQ:IIINASDAQ:IIIIUNASDAQ:IIIIW), an industry-leading,
information-based services company, today announced that its
business unit TPI, the largest sourcing data and advisory firm in
the world, has entered into a Memorandum of Understanding with the
Chinese Ministry of Commerce (MOFCOM) and strengthened its
relationship with the China Council for International Investment
Promotion (CCIIP) by entering into a strategic cooperation
agreement. Under the agreements, TPI will advise MOFCOM and CCIIP
on accelerating the growth of the country's emerging IT and
business process outsourcing sectors. TPI will assist MOFCOM and
CCIIP with their efforts to expand and enhance the pool of talent
in China, nurture globally competitive service providers and
attract business from multinational companies. In addition, MOFCOM
and CCIIP will assist TPI with promoting its growing capabilities
in China to industry participants. "The China Council for
International Investment Promotion is pleased that TPI is working
with us to promote development of the outsourcing industry in
China," said Madam Zhou Ming, Executive Vice President and
Secretary General, CCIIP. "As the leading sourcing advisor around
the world, TPI's presence confirms the increasing importance of
China in the global outsourcing industry. We expect TPI's knowledge
and balanced view of both service providers and service buyers to
help move outsourcing in China to the next level." Said Michael
Rehkopf, TPI Partner and Head of TPI China: "Working with CCIIP as
well as MOFCOM, we will help strengthen both the buy and sell sides
of the Chinese outsourcing industry. We believe these efforts will
increase the confidence of multinational companies to look to China
to meet their sourcing needs." The agreements underscore TPI's
leadership globally and in the fast-growing Asia-Pacific region as
well as its reputation for deep knowledge of the global outsourcing
industry. Last month, TPI formally launched in China with the
opening of its Hangzhou-based Training and Assessment Center, which
will address the growing demand for information products and
advisory services from both buyers and sellers of outsourcing in
the region. "These agreements with the Chinese Ministry of Commerce
and CCIIP represent another important step for TPI, which founded
the sourcing advisory industry 20 years ago," said Michael P.
Connors, Chairman and CEO of ISG. "We are honored to play a role in
the development of what we think will be a vital market for
outsourcing in the future. We look forward to working with both
organizations to achieve their goals for this promising and
important sector." About TPI TPI is the founder and innovator of
the sourcing advisory industry, and the largest sourcing data and
advisory firm in the world. It is expert at a broad range of
business support functions and related research methodologies.
Utilizing deep functional domain expertise and extensive practical
experience, TPI's accomplished industry experts collaborate with
organizations to help them advance their business operations
through the best combination of business process improvement,
shared services, outsourcing and offshoring. In addition, TPI
Momentum, a business unit of TPI, provides information and insights
to outsourcing and offshoring service providers to help them
provide enhanced services to their sourcing clients. About
Information Services Group, Inc Information Services Group, Inc.
(ISG) (NASDAQ:IIINASDAQ:IIIIUNASDAQ:IIIIW) was founded in 2006 to
build an industry-leading, high-growth, information-based services
company by acquiring and growing businesses in advisory, data,
business and media information services. In November 2007, the
company acquired TPI, the largest independent sourcing advisory
firm in the world. Based in Stamford, Conn., ISG has a proven
leadership team with global experience in information-based
services and a track record of creating significant value for
shareowners, clients and employees. For more, visit
http://www.informationsg.com/. DATASOURCE: Information Services
Group, Inc. CONTACT: ISG Press Contact: Barry Holt,
+1-203-517-3110, ; or TPI Press Contact: Rhena Wallace, Cohn &
Wolfe, for TPI, +1-212-537-8014,
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