| Kiev, July 1, 2008 - Ukrainian company Ciklum | | | | enhance their business in the areas of IT |
| became the 46 member of Ukrainian Hi-Tech | | | | outsourcing and offshore programming by using |
| Initiative. | | | | the partner network and marketing channels of |
| | | | the Initiative in the external markets. |
| Ukrainian Hi-Tech Initiative - an alliance of | | | | |
| the leading Ukrainian companies providing | | | | Ukrainian Hi-Tech Initiative provides the |
| offshore IT outsourcing services and BPO | | | | services in establishing partnerships, |
| services to the foreign clients, is actively | | | | collaborating in IT projects implementation, |
| extending its membership. Currently Ukrainian | | | | assisting in BPO between Ukrainian and |
| Hi-Tech Initiative unites 46 software | | | | western companies. |
| development companies that employ more than | | | | |
| 3500 highly skilled professionals. The | | | | Ukrainian Hi-Tech Initiative objectives: |
| companies-members represent all the largest | | | | |
| software development centers: Kiev, Kharkov, | | | | • setting up and development of |
| Dnepropetrovsk, Chernigov, Khmelnitskiy, | | | | international connections in the sphere of |
| Lvov, Donetsk, Simferopol and others. | | | | software development; |
| Ukrainian Hi-Tech Initiative is the largest | | | | |
| software association in Ukraine. | | | | • creation of a possible image of |
| | | | Ukrainian software development on the foreign |
| Ciklum, a well-established Ukrainian | | | | markets; |
| outsourcing company of Danish origin that | | | | |
| specializes in nearshore software development | | | | • search and selection of partners |
| outsourcing became the 46 member of Ukrainian | | | | supplying IT services outsourcing and BPO in |
| Hi-Tech Initiative. The company was founded | | | | Ukraine; |
| in 2002 and has grown to be one of the 3 | | | | |
| biggest software companies in Ukraine | | | | • finding investors into Ukrainian |
| employing about 700 specialists that work on | | | | software development industry; |
| more than 80 ongoing IT projects. Ciklum is | | | | |
| rapidly expanding its business not only in | | | | • establish stable channels for |
| Ukraine, but also in Europe. Besides seven | | | | exchanging information with foreign markets; |
| offices in the four largest cities in | | | | |
| Ukraine, Ciklum has its representative | | | | • promote development of hi-tech |
| offices in Denmark, Sweden, Britain and the | | | | industries in Ukrainian economy; |
| Netherlands. | | | | |
| | | | • promote the export potential of |
| Hi-Tech Initiative and Ciklum are closely | | | | Ukrainian enterprises engaged in hi-tech |
| collaborating for a long period. Last year | | | | industries; |
| Ciklum sponsored Ukrainian Outsourcing Forum | | | | |
| '2007, an annual event organized by Ukrainian | | | | • promote utilization of scientific |
| Hi-Tech Initiative. In April-May 2008 | | | | potential in products of the Ukrainian |
| Initiative held several events aimed at young | | | | hi-tech industries; |
| specialists, graduates and students | | | | |
| employment in IT sphere. Ciklum strongly | | | | • encourage advanced training of |
| supported the events and sent its | | | | hi-tech professionals. |
| representatives to participate and make | | | | |
| presentations. | | | | Ciklum |
| | | | |
| "As the collaboration with Hi-Tech Initiative | | | | Ciklum is Ukrainian based software |
| is an important factor for our business | | | | outsourcing company with Danish Management. |
| development, we decided to join the | | | | It was established in the year 2002. Ciklum, |
| association to make this collaboration even | | | | currently, has over 700 employees, over 80 |
| closer. This membership gives us an | | | | on-going IT projects and now is in the list |
| opportunity of extending international | | | | of top three largest IT companies in Ukraine. |
| business contacts for cooperation in software | | | | |
| development sphere. We seek to developing | | | | Our main focus is on establishing teams for |
| partnership with Ukrainian IT vendors, | | | | our clients. Ciklum supports its clients in |
| exchanging the experience, participating in | | | | working directly with the developers to reach |
| joint projects. Having become the member of | | | | a high level of productivity and |
| Ukrainian Hi-Tech Initiative, we gained the | | | | relationship. |
| access to the new marketing channels in | | | | |
| American and European markets, that | | | | We ensure an absolutely favourable |
| Initiative has established" - noted Torben | | | | environment for our clients and their teams. |
| Majgaard, the Founder and CEO of Ciklum. | | | | Ciklum surrounds them with knowledge sharing |
| | | | activities, social events, strong |
| Ukrainian Hi-Tech Initiative | | | | infrastructure, financial and administrative |
| | | | support, QA and consulting services during |
| Ukrainian Hi-Tech Initiative is a leading | | | | their entire outsourcing experience. |
| Ukrainian alliance of offshore software | | | | |
| development and IT outsourcing providers. The | | | | Additionally, Ciklum provides project-based |
| mission of the alliance is to promote | | | | service and peak resources on a short-time |
| Ukrainian software development companies in | | | | basis to accomplish very specific tasks in a |
| the global market. | | | | time-efficient way and with superior quality. |
| | | | If the client wishes to get employees working |
| Hi-Tech Initiative provides the Ukrainian | | | | in their home country location, Ciklum |
| software developers with the opportunity to | | | | provides relocation service as well. |