UPDATE 1-iSoftStone sees minimal impact of Japan disasters

* Reaffirms Q1, 2011 outlook

* Sees 2011 revenue negatively impacted by less than 1 pct

(Adds details)

April 4 (Reuters) – China-based IT services provider
iSoftStone Holdings Ltd (ISS.N: Quote, Profile, Research) said it expects 2011 revenue to
be negatively affected by less than 1 percent due to the
multiple disasters in Japan, and reaffirmed its first-quarter
and 2011 outlook.

iSoftStone had forecast full year adjusted earnings of 5 to
6 cents a share on revenue of $260 million to $275 million.

The company, which had expected about 10 percent of 2011
revenue to come from clients headquartered in Japan, said the
negative impact would likely be absorbed by growth in China and

iSoftStone is based in Beijing. It sells IT services to
companies including Huawei Technologies [HWT.UL], Bank of China
(601988.SS: Quote, Profile, Research), China Life (601628.SS: Quote, Profile, Research), UBS (UBSN.VX: Quote, Profile, Research),
International Business Machines Corp (IBM.N: Quote, Profile, Research), Microsoft Corp
(MSFT.O: Quote, Profile, Research), Sharp Corp (6753.T: Quote, Profile, Research), Alcatel-Lucent (ALUA.PA: Quote, Profile, Research) and AT&T
(T.N: Quote, Profile, Research).
(Reporting by Megha Mandavia)

UPDATE 1-iSoftStone sees minimal impact of Japan disasters