Exigen Services Named in IAOP’s Global Outsourcing 100 Ranking as One of the Top Outsourcing Providers for the Healthcare Industry

BOSTON, Mass., May 2007 — Exigen Services, one of the largest application outsourcing firms in Central and Eastern Europe, has been named an outsourcing provider ‘rising star’ and one of the elite providers for the healthcare industry as part of the 2007 IAOP Global Outsourcing 100. The International Association for Outsourcing Professionals (IAOP) showcased companies with growing influence within the industry and further ranked the top providers in vertical markets based on customer references, size and growth, organizational competencies, and management capabilities.

These vertical ‘sub-lists’ within the larger Global Outsourcing 100 are positioned by IAOP as essential reference guides for companies seeking new and expanded relationships with the best companies in the industry. These companies encompass the full spectrum of outsourcing services - information technology, business process outsourcing, facility services, real estate and capital asset management, manufacturing, and logistics

Exigen Services earned high marks in the healthcare category based on a proven track record in developing critical solutions for medical organizations and institutions. Most recently, the company assisted Computer Sciences Corporation (CSC) to develop and deploy large-scale patent record systems across the Nordic region. This software solution development project enabled hospitals and clinics across Denmark to support new and complex business requirements, while incorporating new functionality.

“While outsourcing needs vary from specialized staff augmentation to project delivery or strategic long-term partnerships, quality of resources remains the suppliers' top challenge, both in terms of technology skills and the ability to understand the clients' business challenges,” said Alex Adamopoulos, General Manager, Exigen Services. “By keeping the focus on a client's outsourcing strategy beyond the point of engagement, we are able to bring a wealth of accumulated industry expertise to our clients in the healthcare, banking, insurance and telecommunications markets, among others.”

Exigen Services ads this honor to a growing pedigree of industry recognition, such as being named a ‘Top 10 Company to Watch in Emerging European Markets’ and one of the world’s most innovative outsourcing providers as part of the annual Global Services 100 ranking organized by Global Services magazine and the outsourcing advisory firm neoIT. The company has similarly been recognized by CIO Magazine and eWeek as one of Russia's major providers of offshore outsourcing services, as well as a leading player in the Russian software development market by Forrester, Ernst & Young, and other international publications and consultancies.

About Exigen Services
Exigen Services is one of the largest and most comprehensive application outsourcing service providers in Central and Eastern Europe. The company’s technology-driven approach to application outsourcing leverages deep vertical expertise, proprietary IP and proficiency in Agile development methodologies to deliver exceptional customer value in transformational and custom application development projects. Exigen Services has strong track record and industry expertise in banking, insurance, healthcare, telecommunications, and other sectors.

Headquartered in San Francisco, with a strong operational base in EU and a deep reach into the local talent pools in Russia and Ukraine, Exigen Services today has over 1,500 professionals and more than a decade of experience. The company's software engineering processes are CMMI Level 5 and ISO-9001 certified for efficiency, maturity and stability. www.exigenservices.com

For more information, please contact:
Cheryl Gale / Eric Seymour, March PR
+1 617 475 1571 / +1 617 475 1564
exigen@marchpr.com