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Beyondsoft Corporation Finished Acquisition of ExtendLogic (2010.04)

Beijing, China, April 20, 2010. Beyondsoft Corporation, a leading China IT outsourcing company, and US based Smartphone application development consulting firm, ExtendLogic, have signed an investment agreement recently. The agreement is about the acquisition of ExtendLogic’s existing consulting businesses of Smartphone (iphone, Android, Blackberry) application development, mobile embedded software development, back-end platform development, and mobile related testing.

 Through this acquisition, Beyondsoft will enhance its ability to access the business opportunities from the vertical industries. As a leading Smartphone application development outsourcing company, ExtendLogic has extensive experience in quality assurance and process control. Based on the resource integration, Beyondsoft will be able to provide more professional high quality services to clients from vertical industry, which will help Beyondsoft Corporation to establish its leading position in Smartphone industry in the near future.

"ExtendLogic’s professionalism and mature project management experience in the area of Smartphone application development outsourcing are great supplements to Beyondsoft. The successful acquisition not only expands our delivery capability, but also completes its reform of our own product chain. It is a very important step taken by Beyondsoft to improve its business structure and global strategy." said by Bin Wang, Chairman and Chief Executive Officer of Beyondsoft Corporations.

About Beyondsoft Corporation

Beyondsoft is a leading IT outsourcing company with Global Delivery Centers. Beyondsoft offers IT consulting, Application Development and Maintenance (ADM), ERP and BPO services to the clients across the globe. Headquartered in Beijing, Beyondsoft has development centers in the major cities in China, as well as operations/centers in the U.S., Japan, Singapore and India. The global delivery centers enable Beyondsoft to offer high-quality and cost effective services to its clients by adopting the right mix of onsite, near-site and multi-tier offshore delivery centers. It also allows Beyondsoft to share and grow its offerings, knowledge and process maturity. Beyondsoft is an ISO27001 certified company and the security systems at Beyondsoft meet world’s most strict standards.

About ExtendLogic

 Founded in 2005 in California, US, ExtendLogic provides Smartphone application development consulting and outsourcing services by its onshore consulting office in California and offshore R&D center, Xi’an Knowledgesurf Technologies, in Xi’an, China. Having skilled iPhone, Android, Blackberry developers in-house makes ExtendLogic able to provide high quality services to global clients over the past several years. Since 2005, ExtendLogic’s subsidiary, Xi’an KnowledgeSurf has received a number of awards recognizing its service capabilities and growth potential, including 2008 Xi’an Software Park Great Contribution Awards, 2008 ChinaSourcing - Top 50 Service Providers in China 2008 Certificate

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