2009-07-13

Hangzhou, China, June 22nd 2009: Representatives from Pegasystems offices in USA, Hong Kong, and Australia came to Hangzhou to visit the Hengtian offices for a three-day trip. During their time, they learned about Hengtian’s strategic relationship with State Street and Zhejiang University, and they also learned about the opportunities Insigma could present them to distribute their products within the Chinese market. On the evening of the 22nd and 23rd the representatives from Pegasystems attended dinner with CEO of Insigma Technology Shi Lie and Hengtian CEO Zhou Bo respectively. Their trip was very eventful, and Hengtian is looking forward to future collaboration.

Pegasystems (NASDAQ: PEGA) is the industry leader in Business Process Management (BPM) software solutions. PEGA helps some of the world’s largest organizations achieve new levels of agility, become more competitive, and innovate in ways they often did not know were possible. Their patented Build for Change® technology enables organizations to realize rapid and significant business returns.

About Insigma HengTian Software Ltd.

Insigma HengTian Software Ltd., established as a strategic alliance among Insigma Technology, State Street Corp, and Zhejiang University, is dedicated to providing top quality and highly sophisticated technology development and support services to global financial institutions. We do this by capitalizing on the rich management and marketing capabilities of Insigma Technology and State Street Corp., as well as on the strong academic resources and people of Zhejiang University. Our synergy between Insigma, State Street, and Zhejiang University has been a key factor in the success of HengTian’s business to date.

http://www.hengtiansoft.com