Released on = July 26, 2007, 12:38 pm

Press Release Author = Ukrainian Hi-Tech Initiative

Industry = Software

Press Release Summary = Cross Border Projects (CBP) - a leading provider of
Ukrainian IT outsourcing services for the German-speaking countries - has become a
sponsor of the Ukrainian Outsourcing Forum '2007. Such was the statement of
Christian Berner, the founder and director of Cross Border Projects.

Press Release Body = 26 July 2007, Kiev. Cross Border Projects (CBP) - a leading
provider of Ukrainian IT outsourcing services for the German-speaking countries -
has become a sponsor of the Ukrainian Outsourcing Forum '2007. Such was the
statement of Christian Berner, the founder and director of Cross Border Projects.

According to Christian Berner, recently there has been seen a steep growth of
interest of the German-speaking European countries, such as Germany, Austria,
Switzerland, to the Ukrainian software development companies. This interest is far
from being accidental because Ukraine possesses a number of cultural, geographical
and economic advantages over traditional IT outsourcing countries (India, Russia,
China). Participation of German-speaking countries in the Ukrainian Outsourcing
Forum '2007 would be a great opportunity to start business development in Ukraine.

The Forum is aimed at development of software and IT outsourcing services market in
Ukraine and in Eastern Europe overall. The Forum will provide a floor for discussion
of global trends in IT markets development and current issues of IT outsourcing
industry. Within the Forum there will be held a show where the leading Eastern
European companies will present their expositions. At the «Ukrainian IT Matchmaking
Event \'2007» the participants will have an opportunity to hold business meeting and
negotiations.

It is expected that more than 200 companies will participate in the Forum. Among the
Forum participants there will be the leading experts in IT outsourcing,
representatives of European and American IT companies, investment professionals and
representatives of the Ukrainian state authorities.
The Forum organizers are Ukrainian Hi-tech Initiative (www.hi-tech.org.ua) - an
alliance of the leading Ukrainian companies providing IT outsourcing services and
BPO services to the foreign clients, and "PR KVADRAT" - an organizer of the
large-scale and specialized PR and BTL events.

Christian Berner said: "We participate in the Ukrainian Outsourcing Forum for the
second year in a row. This Forum is a very good place for work with the companies
interested in Ukraine as in the IT outsourcing country. Based on the results of the
previous year participation in Ukrainian Outsourcing Forum we took a decision to
sponsor the even this year and present our experience and capabilities in IT
outsourcing better".

About "Cross Border Projects":

CBP company provides support services to the IT and Hi-Tech companies willing to cut
their expenses and increase their competitiveness by working with Eastern European
companies. Currently the company activity is focused on Ukraine and Russia - the
leading countries in IT and Hi-Tech outsourcing in the Eastern Europe.
CBP provides a wide range of services related to: selection of the most successful
business-model; identification and selection of the partners; management and
improvement of offshore IT projects; assistance in integration and organization of
representative office; HR management, recruitment and consulting; assistance to
expatriates; legalization of working contracts and compensation package; local
business-culture education; assistance of law advisers, tax experts and auditors;
translation and legalization of any documents.
CBP professionals are well-acquainted with the local business environment and have
wide experience in successful IT projects implementation. The countries where CBP
has business: Ukraine, Germany, France, Italy, Latvia, Lithuania, Estonia, Poland,
Russia, Belarus, Belgium.

About Ukrainian Hi-Тech Initiative

Ukrainian Hi-Тech Initiative is a leading Ukrainian alliance of offshore
software development and IT outsourcing companies.

The alliance mission is promotion of Ukrainian software development companies into
the international markets.

Hi-Tech Initiative provides the opportunity for the Ukrainian software development
companies to develop their IT outsourcing and offshore programming business by using
the Initiative's partner network and marketing channels.

Ukrainian Hi-Tech Initiative provides partner search and selection services, IT
projects implementation assistance, BPO service to both Ukrainian and European
companies.

Ukrainian Hi-Tech Initiative objectives are:

- expansion of international contacts and relations for collaboration in the area
of software development
- formation of positive image of Ukrainian software development on the global markets
- search and selection of the partners providing IT outsourcing and BPO services in
Ukraine
- organization of meetings between Ukrainian and foreign companies
- formation of investment into Ukrainian software development industry



Web Site = http://www.outsourcing-forum.com.ua

Contact Details = «Ukrainian Hi-Tech Initiative»
Natalia Arseeva
+38-044-458 17-53
natasha@hi-tech.org.ua

«Cross Border Projects»
Christian Berner
+49-331-979 918-28
cb@cb-projects.com