IBA Group to Exhibit at GITEX Technology Week in Dubai

Press Release

October 1, 2009

IBA Group, an alliance of IT companies with over 2,300 people, announced that it will be exhibiting for the first time at the GITEX Technology Week 2009 in Dubai, United Arab Emirates. Stand #A7–20, Hall 7.

IBA Group will be exhibiting at the Gulf IT and Electronics Exhibition (GITEX) Technology Week to be held from October 18 to October 22, 2009 in Dubai, United Arab Emirates. The company has plans to enter the Middle Eastern market through partnerships with local and international companies.

According to IDC and Informa Telecoms & Media Reports, the Middle East is poised to grow faster than all other major markets such as the United States, Western Europe and Japan, and ICT spending in Gulf States (Saudi Arabia, UAE, Kuwait, Oman and Qatar) is expected to exceed US$ 10.10 billion by 2010.

GITEX is the world's largest technology event bringing together senior IT and business executives, and experts from across the world. At the trade show, IBA Group intends to represent Eastern Europe, one of the most promising regions in the world.

A first–time exhibitor, IBA Group will feature its world–class IT outsourcing services with special focus on mainframe software, enterprise applications and web solutions, SAP solutions, other ERP systems, Lotus technologies, and business intelligence.

The IBA's experience in global IT outsourcing spans more than 16 years. Initially a small firm of fewer than a dozen employees, IBA has evolved into an international group with a workforce of more than 2,300 people. Headquartered in Prague, Czech Republic, the IBA offices are located in Germany, the United States, Cyprus, and Russia and its development centers in Belarus and the Czech Republic. Today, IBA Group is one of the largest IT service providers in Eastern Europe.

The IBA team comprises qualified professionals who have unique expertise in a variety of computer platforms from mainframe to PC. The range of technologies, systems, and programming languages that the company offers is second to none. IBA Group serves customers in more than 30 countries across diverse markets, including banking, transport, communication, manufacturing, trade, and public sectors.

Dr. Valentin Kazan, Vice President of IBA Group and head of the IBA Group mission at GITEX, says: “We expect that the GITEX Technology Week will provide excellent opportunities for networking with top executives and IT managers. We are excited at the opportunity to exhibit at this high–profile event and feel that our presence can lead to the development of a new growth strategy at IBA Group.”

At the GITEX Technology Week 2009, IBA Group will showcase its services, establish contacts with business people interested in outsourcing, and gain insight into the latest market trends in the Middle East and Gulf Region. We look forward to seeing you at GITEX Technology Week .

About IBA Group

IBA Group is one of the largest IT service providers in Eastern Europe performing software development, migration, maintenance, support, and IT consulting services with more than 2,300 IT and business professionals. Headquartered in Prague, Czech Republic, IBA Group has offices and development centers in the United States, Germany, Belarus, Cyprus, and Russia. IBA Group focuses on mainframe systems, enterprise applications, web–based solutions, SAP and other ERP systems, Lotus technologies, and business intelligence. IBA has achieved SEI CMMI Level 4 and is ISO 9001:2000–certified. IBA Group serves clients in more than 30 countries across diverse markets and industries, including banking, railway, telecommunication, manufacturing, healthcare, trade, and public sectors. IBA Group is recognized by the International Association of Outsourcing Professionals (IAOP) as one of The Global Outsourcing 100 in the Leaders Category in 2008, ranks #1 in the neoIT and CMP's Global Services 100 — 2007 in the category TOP 10 TO WATCH IN EMERGING EUROPEAN MARKETS, and is a Software 500 company. For more information, visit http://www.ibagroup.eu

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