Shinetech Software Inc. Announces Record Growth for 2013

U.S. revenue increase of 140 percent tops increase achieved in 2012

NEW YORK, LONDON and BEIJING, Nov. 19, 2013 /CNW/ - Shinetech Software Inc., a leading agile application development outsourcing provider, today announced that the company's growth during 2013 exceeded expectations, boosting revenue by 140 percent in the United States alone.

A continued increase in application outsourcing from both new and existing clients led Shinetech to open four new development centers in China this year, located in Qingdao, Qinhuangdao, Dalian and Tianjin.

Shinetech's 2013 milestones include:

• 140 percent increase in U.S. revenue
• Four new development branches in China
• Named to 2013 Inc. 5000 List of Fastest Growing Companies
• Named as 2013 Rising Star by International Association of Outsourcing Professionals

Shinetech's continued year-to-year growth points to the company's successful service model, which is based upon continuous improvement and innovation. "Our development teams work as an extension of our clients' in-house IT departments, using advanced methodologies to provide efficiency and quality assurance at a reduced cost," said John Vanderpool, Vice President of Global Operations for Shinetech. "We anticipate continued growth through the end of the year and are planning to increase our global presence with additional offices in 2014."

Shinetech currently works with more than 100 clients from 25 countries, almost half of which have been with the company for two or more years. Since 2001, Shinetech has partnered with more than 300 clients from the U.S., Europe and Australia.

About Shinetech Software, Inc.
Shinetech Software is a global leader in providing application development outsourcing, testing, systems integration and solution delivery services from cost-competitive, highly skilled operations centers in China. During the past 10 years, Shinetech has accumulated extensive experience in the financial, manufacturing, healthcare, telecommunications, media, software, government, energy, education, e-commerce, and online gaming sectors. Our experience with various technologies and industries enables us to successfully adapt to our clients' diverse needs, ensuring successful project execution. Shinetech is also recognized as a leader in Agile development, leveraging Scrum and XP expertise. Headquartered in New York, London and Beijing, the company also has offices in Shanghai and Suzhou. To learn more, visit www.shinetechchina.com.

Contact:

Media and Analyst Inquiries
Donna Phelps
508-620-0791, ext. 18
[email protected]

Shinetech Software
One Rockefeller Plaza
11th Floor
New York, NY 10020
[phone]
[email protected]

SOURCE: Shinetech Software, Inc.

http://www.shinetechchina.com