SHENYANG, China, April 26, 2011 /PRNewswire-Asia/ — Neusoft
Corporation (“Neusoft”, 600718.SH), a leading IT solution and
service provider in China, recently announced that its wholly-owned
subsidiary Neusoft Europe Inc. (“Neusoft Europe”) has signed a
subscription agreement with Aerotel Medical Systems Ltd.
(“Aerotel”), a leading global manufacturer of modular, mobile and
home based telemedicine and telecare solutions based in Israel,
under which Neusoft Europe will subscribe for 26915 shares of
Aerotel with 1.77 million US Dollars to hold 30.77% of its
outstanding shares. This transaction will enable Neusoft to obtain
more resources and further accelerate its steps entering into the
global healthcare service market.
(Logo: http://photos.prnewswire.com/prnh/20061219/CNTU012LOGO)
Currently this transaction is subject to regulatory approvals in
China.
With medical business as one of its major businesses, Neusoft
has been engaged in medical equipment, medical IT solutions and
healthcare services over the past 10 years and has become China’s
market leader in the industry. Meanwhile, the company has been
actively expanding in the global market, and its medical equipment
is exported to approximately 60 countries and regions across the
globe. By integrating with Aerotel’s leading expertise in
healthcare service, Neusoft will greatly improve the overall
competency of its existing healthcare service business, and quickly
extend its advantages in China to Europe and the global market.
Aerotel, with more than a decade of rich experience in this
industry, has been maintaining strong innovative technology
capabilities and a widely-covered sales network with a client base
in over 40 countries and regions around the globe. By partnering
with Neusoft, Aerotel will gain more capital to support its R&D
and business growth, and enhance the competitiveness of its
products and servi
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