Longtop lands Chinese bank datamart deal

Longtop Financial Technologies Limited ("Longtop") (NYSE:LFT), a leading software developer and solutions provider targeting the financial services industry in China, today announced that it has been awarded a consulting contract by a leading national joint-stock in China.

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Based on the customer's business strategy and industry best practice, Longtop will provide planning, designing, modeling, data standardization and governance consulting services for the development of the customer's data warehouse. The result of the project will form a basis for the future implementation of the customer's data warehouse. In 2009, Longtop had successfully implemented an analytical data mart for credit cards for this banking customer.

"We are highly pleased to work again with this customer. This contract validates our ongoing efforts to improve our business consulting capabilities and cross selling capabilities as well as build trust with our customers by delivering top quality solutions and service," commented Weizhou Lian, Chief Executive Officer of Longtop.

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