Chinese Information Technology in $75 Million IPO

December 11, 2007

Cleary Gottlieb represented the underwriters, led by Citi and Merrill Lynch, in a $75 million SEC-registered initial public offering of VanceInfo Technologies Inc. The ADRs began trading on the NYSE on December 12.

VanceInfo, based in Beijing, is an information technology service provider and one of the leading offshore software development companies in China.