Camelot Information Systems Inc. Enters Partnership Agreement with Huawei Device Co.

Camelot Information Systems Inc.

today announced that the Company has entered into a strategic cooperative agreement with Huawei Device Co., Ltd. to develop enterprise application solutions for Huawei's mobile business users. The Agreement was signed on April 18, 2012 and has a three-year term. According to the Agreement, Camelot and Huawei Device will jointly form special project teams to develop mobile enterprise application solutions for Huawei Device's mobile equipment and closely work together to expand the domestic enterprise mobile-solution market. The scope of the strategic cooperation pertains to both companies' activities in hardware and software development for general enterprise solutions, as well as the mobile enablement of industry-specific solutions for the consumer-product, manufacturing, and finance industries.