SoftServe among Top 10 Outsourcing Companies in Eastern Europe, Global Services 100 - 2008

SoftServe, a leading provider of outsourced software development services in Eastern Europe, has made it to the Global Services 100 - 2008, a list representing companies who have the maturity and capability to lead the next wave of services globalization. The ranking of elite offshore outsourcing vendors based on leadership, innovation, and outstanding performance is prepared by neoIT and CMP Technology.

SoftServe was ranked No. 5 in "Top 10 to Watch in Emerging European Markets" category which distinguishes company's role as a leader in the international software development outsourcing market. According to Global Services, competitive costs, good technical skills and a stable political climate make Central and Eastern European markets, with Ukraine among emerging delivery locations, a good alternative to the established Indian and Chinese markets. "We are exceedingly proud to receive this recognition by Global Services that validates SoftServe' commitment to supreme quality and world-class service delivery, and illustrates our growth, innovation, and leadership in the global marketplace. SoftServe will continue striving to enable our sophisticated clients around the globe to harvest even greater business value", commented Taras Vervega, Executive VP, Sales & Marketing, Business Development of SoftServe.

"The Global Services 100 list, brought out by Global Services and neoIT, has grown to be a highly credible listing of global IT services and BPO companies. The list helps service buyers leapfrog the request-for-information stage and the category winners almost always make it to the RFP stage in a service deal. That's the unique advantage a Global Services 100 company enjoys," says Ed Nair, Editor, Global Services.

The Global Services 100, now in its fourth year, is a tool for buyers of business and technology services. Judges from Global Services magazine team up with outsourcing experts at neoIT, a consulting firm that specializes in services globalization, to identify and evaluate the leading service providers located on four continents. The evaluation is based upon data provided by the service providers and third parties regarding effective operations, service offerings, client relationships and human capital. Winners are selected in each of 10 categories including service-delivery areas such as IT services, customer care and business process outsourcing. Winners are also selected in regions such as Eastern Europe, Asia, and Latin America.

About Global Services:

Global Services is a media platform with a portfolio that includes a magazine, website, events, newsletter and customized solutions. Our audience consists of corporate professionals engaged in the sourcing and management of business and technology services. Global Services is owned by CyberMedia (India) Limited. www.globalservicesmedia.com

About neoIT:

neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalizationSM. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services. For more information, visit www.neoIT.com.