Bleum Press Releases:
Date: May 1, 2003
China Milestone
Bleum and Digital China awarded landmark testing service contract by Shanghai Pudong Development Bank (SPDB)

China's budding software industry witnessed a landmark event this November when Shanghai Pudong Development Bank (SPDB) became the first domestic bank to invite a foreign owned and managed software company, Bleum Incorporated, to do testing on the bank's new core banking system. This deal represents a further step in the opening of China's domestic banks to overseas business practices and technological expertise in an effort to better compete in China's post-WTO economic environment.

Bleum's partner for the project is Digital China. The partnership brings together Bleum's international experience and Digital China's local expertise to delver top quality service to the bank.

Senior managers at Bleum are encouraged by the interest of SPDB and other companies in applying international best practices. Bleum believes the deal will increase global awareness of China's increasingly competitive software outsourcing market.

About Bleum
Founded in 2001, Bleum is one of China's leading outsourcing providers to American and European companies in a variety of sectors including high-tech, financial services, telecommunications, and retail. The company specializes in creating global development centers, providing services such as application development, support & maintenance, testing and legacy system modernization. American owned and managed, Bleum understands the language, business culture, and expectations of western-based IT organizations. From its industry-leading English curriculum and pursuit of the best talent in China to its relentless focus on quality and prestigious ISO27001 and CMM Level 5 certifications, IT outsourcing with Bleum is smart, transparent and extraordinarily effective. For more information, visit www.bleum.com.

For further information, contact:

North America / Europe
Ahilia, Inc.
Allisson Butler
Mobile: +1-925-918-0144
allisson@bleum.com
Asia / Pacific
Bleum, Inc.
Betty Zhang
Direct: +86-21-62821122 X 248
betty.zhang@bleum.com