BEIJING, Sept. 6, 2011 /PRNewswire via COMTEX/ -- Camelot Information Systems Inc. ("Camelot" or the "Company") /quotes/zigman/604715/quotes/nls/cis CIS -1.37% , a leading domestic provider of enterprise application services and financial industry information technology ("IT") services in China, today announced that SAP has awarded Camelot the 2011 Best Ecosystem Partner Award, and that SAP has also awarded its Dimension subsidiary the 2011 Best Business All-in-One High Tech Industry Solution Award. Both awards were presented on September 1, 2011 at the annual SAP Partner Summit 2011, which was attended by more than 80 SAP partners.
The SAP ecosystem is comprised of everything related to SAP, such as the company SAP AG, its service partners, channel partners, customers, SAP laboratories, consultants, and many others. The purpose of this award is to recognize Camelot's overall contribution to the SAP community in multiple aspects.
"We are extremely honored to receive this award, which was created specifically for Camelot, from SAP AG. Camelot has the largest SAP team in the China market, and we continue to make significant contributions to SAP resource development; and the professional services we provide also have helped expand SAP AG's presence in China. We were also pleased that our Dimension subsidiary received an award for its particular professionalism in the high-tech industry, since it has the largest number of implementation projects in the industry. We are honored that SAP AG created this award solely for Camelot, and we will continue to increase our level of engagement within all levels of the SAP ecosystem," commented Mr. Simon Ma, Camelot's Chairman and CEO.
ABOUT CAMELOT INFORMATION SYSTEMS INC.
Camelot is a leading domestic provider of enterprise application services and financial industry information technology ("IT") services in China, focusing on the high end of the IT value chain. The Company is the largest domestic provider of SAP-based Enterprise Resource Planning services in China as measured by 2009 revenue and by number of SAP consultants as of December 31, 2009. Camelot also operates in other areas of the Asia Pacific region, including Taiwan and Japan. The Company provides services to a wide range of industries, including financial services, resources and energy, manufacturing and automobile, technology, as well as telecommunication, media and education.
SAFE HARBOR
This press release contains statements that may constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties that could cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the size and timing of the Company's share repurchases, its ability to repurchase shares, and market conditions, including the Company's stock price. Further information regarding these and other risks is included in Camelot's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1, as amended from time to time. Camelot does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.