Chengdu Tianfu Software Park Announces Ericsson to Expand its Largest Research Center in West China

Global companies set up China- and Chengdu-based operations in the premier Software Park

CHENGDU, China, January 15 - Chengdu Tianfu Software Park, a premier software park and facilities
complex in Chengdu, China, announces that Ericsson has become the 100th
company moving to the Park to expand its R&D capabilities in Chengdu after
other multinational companies such as Alcatel-Lucent, Symantec,
Nokia-Siemens, Huawei, Freescale and SAP.

In 2009, 48 companies entered the Park, and the amount of rented/sold
office space increased five fold year-on-year to over 180,000m2. The Park
mainly caters to software outsourcing and software development enterprises,
which make up 61% of companies with presence there. The number of digital
entertainment companies and shared services centers has also been increasing
sharply, with 12 Fortune 500 companies located in the Park. Foreign
enterprises make up half of all enterprises there.

The Park's HR services have also earned a reputation for excellence as
companies have utilized them in all aspects of their human resources
management. The Park serves the needs of large-scale enterprises at its
12,000-square-meter personnel training base. Over 8,000 new graduates
received training, and 5,000 people received on-the-job training in 2009,
Tianfu Software Park helps Chengdu's software and services outsourcing
enterprises recruit 3,000 employees annually.

Ericsson's decision to rent 5,000m2 of office space in the Park speaks to
the company's confidence in Chengdu's continued economic growth and
supportive governmental policies.

In recent years, many global companies have sought to relocate to second
tier cities in China to lower operation costs. Chengdu, the economic and
financial hub of south-western China, has attracted 139 Fortune 500 companies
thanks to the city's developed infrastructure, large talent pool, and low
operation cost.

About Chengdu Tianfu Software Park

Chengdu Tianfu Software Park, funded by Chengdu Hi-tech Zone Management
Committee, has a total planned construction area of 1.2 million m2. As of
today, 100 companies including IBM, SAP, Accenture, Nokia-Siemens, NEC,
Maersk, have established operations here, employing over 15,000 people.
Chengdu Tianfu Software Park is an important partner for the development of
the local IT industry and a service industry outsourcing supplier. Services
include office facilities, recruitment, HR training, company setup
facilitation and outsourcing services.

    For more information, contact:

     Victor Jansson
     Deputy General Manager
     Chengdu Tianfu Software Park Co., Ltd.
     Phone: +86-28-8533-0062
     Email: victorjansson@tfsp.cn
     Web: www.tfsp.cn

Victor Jansson, +86-28-8533-0062, victorjansson at tfsp.cn