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Chuan Wei agreement

Chuan Wei agreement

INTERNET Service provider Chuan Wei has signed a software deal with China’s Vancelinfo Technologies Inc, according to a Monday press statement. The deal will see New York-listed Vancelinfo provide billing and business support, customer relationship management and an operational support system, or “control room” setup for the operator, a Chuan Wei executive said by email Tuesday. The statement did not say how much the deal was worth. The two firms signed the deal on Saturday. Following the announcement Monday, Vancelinfo climbed 1.6 percent in New York to finish at US$22.19. The company was ranked number one among Chinese offshore software development service providers for North America and Europe, according to 2008 revenues.

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