Beyondsoft Names 30-year Industry Veteran Raymond Yim Chiu as COO (July, 2007)

Beyondsoft Names 30-year Industry Veteran Raymond Yim Chiu as COO (July, 2007)



BEIJING, China, July 26, 2007 / Beyondsoft Corporation ("Beyondsoft"), one of Asia's most experienced outsourcing service providers, today announced the appointment of Mr. Raymond Yim Chiu as Chief Operations Officer of the company.


Announcing the appointment, Mr. Ben Wang, Founder and CEO of Beyondsoft, said, "We are delighted to have such an outstanding industry executive on board the Beyondsoft team. Raymond's extensive global business and operational experience will bring great benefits to the Company. I am certain he will make significant contributions to the growth of Beyondsoft, as we look to further expand our market share in the global ITO and BPO markets."


Mr. Chiu said, "After meeting with Ben and Sophia [Wang – VP of Beyondsoft and Head of Marketing and Corporate Business Development] late last year, and having the opportunity to work with Ben as an advisor on a first-hand basis, I came to the conclusion that Beyondsoft has a great management team as well as dedicated employees. Some of its major clients told me that Beyondsoft is a quiet but solid company with a great deal of integrity.  These are the factors that prompted me to join Beyondsoft.  I believe Beyondsoft can truly become a leading multinational company from China and I am happy to be part of the executive team that will make this come true."


A veteran of the IT industry, Mr. Chiu's 30-year career is studded with an impressive set of achievements. He has accumulated rich expertise in the P&L and operations management of the global business units of MNCs, particularly in the Asia-Pacific Region. He also brings to Beyondsoft a wealth of experience in other key fields, including marketing, business development, engineering, M&A and venture investment, and government relations management.


Prior to joining Beyondsoft, Mr. Chiu was CEO of Appeon Corporation, a Shenzhen-based migration tool platform and service company. Within two years, he had transformed the company from a tool product business into an ADM service provider while driving down costs and bringing about exponential business growth.


Before taking the helm at Appeon, Mr. Chiu worked for Sybase for over seven years. As Corporate Vice President, he was responsible for marketing for the Asia-Pacific Region. He was also charged with business development for the wireless and telecom vertical industries. While stationed in Beijing, Mr. Chiu headed up the Sybase China Strategic Initiatives Office managing government relations, the 2008 Olympic Project, and M&A and venture investment.


Mr. Chiu has also held the posts of Asia-Pacific Regional VP for Siemens Nixdorf Corporation's Open Enterprise Computing Business, VP of Pyramid Technology's Asia Pacific operations, and COO of Wong's Electronics Corporation.


Mr. Chiu earned a Bachelor's degree in Electronic Engineering Technology at the California State University, San Luis Obispo. He also holds an MBA in Management and Strategic Scanning from Pepperdine University, Malibu, California.


About Beyondsoft

Beyondsoft is a leading pioneer in the software outsourcing service industry in China. Since its establishment in 1995, Beyondsoft's strategy has been to provide a wide range of ITO and BPO services to its global clients, based on its global sourcing channels capacity and global delivery capability. Headquartered in Beijing, Beyondsoft also has offices in the major cities in China, the U.S. and Japan. Combining custom delivery models for onsite, offsite, offshore and BOT, the CMMI-certified company offers a variety of end-to-end software engineering services. Whatever the model chosen, Beyondsoft maintains a laser focus on service delivery quality, information security, enterprise infrastructure and management processes.


Beyondsoft's customers include Microsoft, IBM, HP, Siemens, Google, NEC, Adobe, AIG, Alcatel, Apple/Filemaker, AutoDesk, BEA, Canon, Fuji Xerox, Honeywell, Kyocera, McAfee, Oracle, SAP, Sony Ericsson, Sun Microsystems, Symantec, Texas Instruments, along with other Fortune 500 companies.


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