Augmentum Recognized As Most Innovative User of Information Technology in 2007 InformationWeek China 100

Shanghai, China and Foster City, California, November 20, 2007 — Augmentum, a leading provider of offshore outsourcing for software products and IT application development, has been recognized by InformationWeek China as one of the 100 most innovative users of information technology in China and ranked No.1 in the software service industry.

The InformationWeek China 100 research follows the methodology and procedures of the InformationWeek 500, which has tracked the technology practices of the most innovative companies in America for 18 years. The 2007 InformationWeek China 100, which spans 6,000 companies from 26 industries, highlights the power of innovation in information technology rather than simply identifying the biggest IT spenders. All the companies ranked on the list are carefully selected and most of the winners are leaders in their respective fields, including Motorola, Shanda, Asiainfo, Unilever China, Xi’an – Janssen, Industrial Bank, and Sinosteel Corporation.

Leonard Liu, Chairman and CEO of Augmentum, said, “The world is looking to China for innovation. Unthinkable just a few years back, Augmentum is now proud to be a premier innovator leading China from a manufacturing force to IT services industry leader.”

Founded in May 2003, Augmentum is committed to becoming the best software services provider in the world. In every client engagement Augmentum understands the importance of information technologies for business operations and management. Augmentum optimizes business operations and improves business processes through technology advantage and aims for business management innovation with all our clients.

About Augmentum
Augmentum provides outsourcing leadership for innovation. Augmentum engineers augment their clients' teams as an extension, utilizing leading edge development tools and technologies, as well as proven processes, to create commercial-quality software. The management team has decades of collective experience outsourcing commercial software and solutions. Augmentum, Inc. is headquartered in Shanghai and Beijing in China and in Foster City, California. The company has grown to 1,200 people in China out of 1,250 worldwide in four years since its founding and won the inaugural Red Herring Asia Top 100 award in 2005, the Risk Management award at the China Outsourcing Summit in 2006, and the Global Services 100 in 2007. Augmentum is a Founding Member of the World Economic Forum’s New Global Champions. For more information, please visit www.augmentum.com.

Contacts:
China: Belinda Qin
011.86.21.5131.4277 ext. 431
belinda.qin@augmentum.com

USA: Lisa Carnochan
650.578.9221 ext. 104
lisa.carnochan@augmentum.com