Released on: November 2, 2007, 2:51 am

Press Release Author: Gayanane Dallakyan/Sourcio CJSC

Industry: Software

Press Release Summary: Yerevan, October 31, 2007 - Sourcio CJSC, a leading IT
consulting company, which provides offshore development and support for business web
applications, got IT Mark certification from the European Software Institute.

Press Release Body: Armenian-based Sourcio specialized on customized web
applications development, monitoring and support services heavily utilizing open
source products. Sourcio is a developer of global monitoring products like
Mon.itor.Us which became popular and gained lots of buzz and thousands of users
worldwide. Sourcio provides cost effective solutions for companies of all sizes and
has number of marquee customers in Europe and United States. IT Mark certification
proves significant progress that the young but fast growing company achieved in
short period of time.

IT Mark is developed by European Software Institute to enable IT companies make use
of ESI knowledge and become more competitive in the markets. IT Mark is a business
and technical process Certification that assesses companies' quality and maturing
from 3 complimentary points of view: Business Management, Information Security
Management, and Software and Systems Processes. As is stated on ESI website "in
matters relating to Business Management the reference used is the 10-Squared model,
which was developed to assess applications for Venture Capital. From the Information
Security Management point of view, the reference model is ISO 17799, whereas for
Software & Systems a lightweight version of CMMI® is used, a standard globally
acknowledged by the IT world with which ESI has broad experience providing services
to enterprises in all five continents."

According to Hovhannes Avoyan, CEO and Founder of the company and former General
Manager of Lycos Europe Company: "IT Mark provides Sourcio excellent opportunity to
gain market recognition and achieve market differentiator for IT capability".

About Sourcio

Sourcio CJSC is an Armenian based company which provides global web applications
development and operations support services. Utilizing open source and offshore
location advantages, Sourcio provide cost efficient solutions for small and large
companies worldwide. Sourcio developed such popular web destinations like
mon.itor.us, Monitis.com, semonics.com, emrian.com and complex web applications for
well known brand names.

Contact: Gayane Dallakyan
Manager, Sales and Marketing
Email: gdallakyan@sourcio.com
Web: http://www.sourcio.com


Web Site: http://www.sourcio.com

Contact Details: 123 Hovsep Emin Street
Yerevan 0051, Armenia
Phone: 37410-219795
Fax: 37410-219799
Email: info@sourcio.com