On February 16, Langchao Worldwide Services Ltd. (LCW) received the "Fastest Growing Outsourcing Enterprise" award at the "2006 China IT Market -Annual Conference", organized and sponsored by China Ministry of Information Industry - China Center for Information Industry Development (CCID) and the China Federation for IT Promotion. At that event, CCID also released its latest research report in which LCW was ranked in the top 5 of software outsourcing enterprises in China.

In addition to LCW's outsourcing business, the PC Server division of the Langchao Group was ranked number 1 in terms of market share amongst the Chinese PC Server manufacturers for consecutive 10 years. Other divisions of the Langchao Group that have also received top rankings at this event are: Storage, ERP, e-Government, Tax Control, IT Solutions for Tobacco industry and Collaboration Suite.

ABOUT Langchao and LCW:
Langchao Group is one of the earliest enterprises engaged in the IT industry in China, and also one of China's largest providers of IT applications and solutions. Langchao's businesses cover industries and fields such as personal computers, servers, communication products, information security, software outsourcing, as well as system integration and IT solutions for many industries. The group's total revenues in 2005 surpassed 1.5 billion USD, growing at an annual rate of 18%. Langchao Group is China's largest IT enterprise with integrated solutions that cover software, hardware and services.

LCW was founded in 2003 as the subsidiary of Langchao Group focused solely on international outsourcing business. LCW has successfully established international market presence in Japan and the USA, supported by offshore development centers located in Beijing, Shanghai, Jinan and Qingdao. LCW has developed strategic partnerships with many leading companies, including Microsoft, IBM, Fitec, NEC, Hitachi, Toray and NTT DATA.