Yucheng Technologies to Participate in Upcoming Investor Events

BEIJING, Oct. 16 /Xinhua-PRNewswire-FirstCall/ -- Yucheng Technologies Limited (Nasdaq: YTEC), a leading local IT and outsourced service provider to the Chinese banking industry, today announced that it will participate in the following investor events:

BNP Paribas Securities' 14th Annual China Conference

Event: Corporate presentation and one-on-one meetings

Date: October 17-19, 2007

Location: Sheraton Hotel Xiamen, China

Speaker: Peter Li, CFO

Participants: Chih T. Cheung, Chairman; Weidong Hong, CEO

Brean Murray Carret & Co. One on One Technology Small Cap Conference

Event: One-on-one meetings

Date: November 6, 2007

Location: Grand Hyatt Hotel, New York City

Speaker: James Preissler, Investor Relations Consultant

Goldman Sachs China Investment Frontier Conference 2007

Event: Open panel discussions, Q&A, and one-on-one

meetings

Date: November 12-13, 2007

Location: Grand Hyatt Beijing, China

Participants: Chih T. Cheung, Chairman; Weidong Hong, CEO;

Peter Li, CFO

Susquehanna Financial Group's First Annual Beijing Management Summit

Event: Corporate presentation and one-on-one meetings

Date: November 27-28, 2007

Location: Grand Hyatt Beijing, China

Speaker: Yvonne Young, Investor Relations

Participants: Weidong Hong, CEO

CIBC 3rd Annual Mid & Small Cap 'Best Ideas' Conference

Event: Corporate presentation and one-on-one meetings

Date: November 27-28, 2007

Location: Millennium Broadway Hotel, New York

Speaker: Peter Li, CFO

About Yucheng Technologies Limited

Yucheng Technologies Limited (YTEC) is a leading IT and outsourced service provider to the Chinese banking industry. Headquartered in Beijing, China, Yucheng has more than 1,400 employees and has established an extensive footprint to serve its banking clients nationwide with nine subsidiaries and representative offices located in Shanghai, Guangzhou, Xi'an, Xiamen, Zhengzhou, Kunming, Nanjing, Changsha, and Chengdu. Yucheng provides a comprehensive suite of IT solutions and services to Chinese banks including 1) system integration 2) IT consulting, solutions and software platform, and 3) outsourced operations. Yucheng counts 13 out of the 15 top banks in China as its customers, and is especially strong in 1) banking channel management IT solutions and services, such as web banking and call centers, and 2) risk/performance management solution consulting and implementation service. It is also rapidly becoming the leading third party provider of POS merchant acquiring services in partnership with banks.

Safe Harbor Statement

This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology, such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "project" or "continue" or the negative thereof or other similar words. Such forward-looking statements, based upon the current beliefs and expectations of Yucheng's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: current dependence on the PRC banking industry demand for the products and services of Yucheng; competition from other service providers in the PRC and international consulting firms; the ability to update and expand product and service offerings; retention and hiring of qualified employees; protection of intellectual property; creating and maintaining quality product offerings; operating a business in the PRC with its changing economic and regulatory environment; and the other relevant risks detailed in Yucheng filings with the Securities and Exchange Commission. The information set forth herein should be read in light of such risks. Yucheng assumes no obligation to update the information contained in this press release.

For further information, please contact:

In the U.S.A.

Mr. Jim Preissler

Advisor, Investor Relations

Tel: +1-646-383-4832

Email: jpreissler@yuchengtech.com

In Beijing, China

Ms. Wei Peng

Investor Relations

Tel: +86-10-6442-0533

Email: investors@yuchengtech.com

Related stocks: NASDAQ:YTEC