IBA Group Named to Software Magazine's 32nd Annual Software 500

News Release

Prague, Czech Republic

September 1, 2014

Software Magazine Ranks IBA Group as one of the World's Largest Software Companies

IBA Group today announces its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 32ndyear.

IBA Group ranks 277, with a total software and services revenue of US $98.65 million. IBA Group has been ranked among the Software 500 companies since 2008 when the company applied for inclusion for the first time.

“The Software 500 helps CIOs, senior IT managers, and IT staff research and create the short list of business partners,” says John P. Desmond, editor. “It is a quick reference of vendor viability. And the online version, to be posted soon at www.softwaremag.com, is searchable by category, making it what we call the online catalog to enterprise software.”

The Software 500 is a revenue–based ranking of the world's largest software and services suppliers, targeting medium to large enterprises, their IT professionals, software developers, and business managers involved in software and services purchasing.

The ranking is based on total worldwide software and services revenue from the 2013 fiscal year. This includes revenue from software licenses, maintenance and support, training, and software–related services, and consulting. Suppliers are not ranked on total corporate revenue, since many, like IBA Group have other lines of business, such as hardware. Financial information is gathered by a survey prepared by Rockport Custom Publishing, LLC. using public documents and company input. It is published in print as well as posted online at www.softwaremag.com as both a digital edition and searchable database. The 2014 rankings will appear in the October issue of Software Magazine, which mails to print subscribers on Oct. 8, and will be posted online shortly after.

About Software Magazine and Rockport Custom Publishing

Software Magazine has been a brand name in the high–tech industry for more than 38 years. Softwaremag.com, its Web counterpart, is the online guide to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by Rockport Custom Publishing.

Rockport Custom Publishing is a leading integrated media company focusing on technology. For more information, visit: www.rockportpubs.com.

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 2,700 IT and business professionals. Headquartered in Prague, Czech Republic, IBA Group has offices and development centers in the United States, Germany, Belarus, Cyprus, Russia, Great Britain, Ukraine, South Africa, and Kazakhstan. IBA Group focuses on mainframe systems, enterprise applications, web solutions, SAP and other ERP systems, business intelligence, and mobile applications. IBA Group is recognized by the International Association of Outsourcing Professionals (IAOP) as one of The Global Outsourcing 100 in the Leaders Category, and ranks as one of the world's largest software companies in the Software Magazine's Software 500 and in the Global Services 100 of Global Services. In 2014, 2012, and 2011, IBA Group won IT Europa's European IT & Software Excellence awards. For more information, visit http://ibagroupit.com

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