Business unit TPI to advise Chinese Ministry of Commerce and China Council for International Investment Promotion on expanding IT and business process outsourcing

STAMFORD, Conn., May 14 /PRNewswire-FirstCall/ -- Information Services Group, Inc. (Nasdaq: III, IIIIU, IIIIW), an industry-leading, information-based services company, today announced that its business unit TPI, the largest sourcing data and advisory firm in the world, has entered into a Memorandum of Understanding with the Chinese Ministry of Commerce (MOFCOM) and strengthened its relationship with the China Council for International Investment Promotion (CCIIP) by entering into a strategic cooperation agreement.

Under the agreements, TPI will advise MOFCOM and CCIIP on accelerating the growth of the country's emerging IT and business process outsourcing sectors. TPI will assist MOFCOM and CCIIP with their efforts to expand and enhance the pool of talent in China, nurture globally competitive service providers and attract business from multinational companies. In addition, MOFCOM and CCIIP will assist TPI with promoting its growing capabilities in China to industry participants.

'The China Council for International Investment Promotion is pleased that TPI is working with us to promote development of the outsourcing industry in China,' said Madam Zhou Ming, Executive Vice President and Secretary General, CCIIP. 'As the leading sourcing advisor around the world, TPI's presence confirms the increasing importance of China in the global outsourcing industry. We expect TPI's knowledge and balanced view of both service providers and service buyers to help move outsourcing in China to the next level.'

Said Michael Rehkopf, TPI Partner and Head of TPI China: 'Working with CCIIP as well as MOFCOM, we will help strengthen both the buy and sell sides of the Chinese outsourcing industry. We believe these efforts will increase the confidence of multinational companies to look to China to meet their sourcing needs.'

The agreements underscore TPI's leadership globally and in the fast-growing Asia-Pacific region as well as its reputation for deep knowledge of the global outsourcing industry. Last month, TPI formally launched in China with the opening of its Hangzhou-based Training and Assessment Center, which will address the growing demand for information products and advisory services from both buyers and sellers of outsourcing in the region.

'These agreements with the Chinese Ministry of Commerce and CCIIP represent another important step for TPI, which founded the sourcing advisory industry 20 years ago,' said Michael P. Connors, Chairman and CEO of ISG. 'We are honored to play a role in the development of what we think will be a vital market for outsourcing in the future. We look forward to working with both organizations to achieve their goals for this promising and important sector.'

About TPI

TPI is the founder and innovator of the sourcing advisory industry, and the largest sourcing data and advisory firm in the world. It is expert at a broad range of business support functions and related research methodologies. Utilizing deep functional domain expertise and extensive practical experience, TPI's accomplished industry experts collaborate with organizations to help them advance their business operations through the best combination of business process improvement, shared services, outsourcing and offshoring. In addition, TPI Momentum, a business unit of TPI, provides information and insights to outsourcing and offshoring service providers to help them provide enhanced services to their sourcing clients.

About Information Services Group, Inc

Information Services Group, Inc. (ISG) (Nasdaq: III, IIIIU, IIIIW) was founded in 2006 to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory, data, business and media information services. In November 2007, the company acquired TPI, the largest independent sourcing advisory firm in the world. Based in Stamford, Conn., ISG has a proven leadership team with global experience in information-based services and a track record of creating significant value for shareowners, clients and employees. For more, visit http://www.informationsg.com.

SOURCE Information Services Group, Inc.

Source: PR Newswire (May 14, 2009 - 5:38 PM EDT)

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