On March 12, 2008 IBA Group, a global IT service provider headquartered in Prague, opened a new office in Brno, Czech Republic. The move was driven by an increasing demand for IT outsourcing services in Europe and served as a part of the IBA’s enrollment in the business development program supported by the Czech Government.

The new IBA`s development center opened on March 12 in Brno, Czech Republic. The opening ceremony was held in the newly built office at 72, Krenova St.

Sergei Levteev, IBA Group President; Valentin Kazan, IBA Group Vice President; and Lubos Brzobohaty, IBA CZ CEO, appeared before guests from IBM and other partner companies, representatives of the press, and IBA Group employees.

The establishment of the new office is a step in the implementation of the program supported by the Ministry of Industry and Trade of the Czech Republic and promoted by CzechInvest, the Czech Investment and Business Development Agency. The program aims to encourage business development in the high–tech sector of the Czech Republic.

To date, IBA Group employs more than 2,100 people. The alliance has three offices in the Czech Republic. The first office, IBA CZ, was set up in Prague in 1999. IBA CZ extended to Brno in 2005. The same year, IBA Group relocated its headquarters to Prague. Furthermore, IBA Group invested in the construction of a new modern office in Brno. Within a program desiged for the dynamic expansion of the Brno development center, IBA CZ is planning to employ more than 150 IT and business professionals. The Brno professionals will develop products and solutions, as well as provide IT services in IBM and other up–to–date technologies.

Commenting on the event, Levteev said: “IBA will proceed with investment in the Czech high–tech sector because it is relevant to our expansion strategy in Central and Eastern Europe, meets client demands, and complies with the CzechInvest business development program in which IBA is involved.”

Brzobohaty went on to say that “the new office is the result of hard work of the IBA CZ team and of the entire IBA Group“. He added that he looks forward to the expansion of the IBA development center in Brno and is confident that the Brno team willl provide the highest quality services to local and international clients.

About IBA Group

IBA Group is an alliance of IT companies with headquarters in Prague, Czech Republic, and offices and development centers in Belarus, Czech Republic, Bulgaria, Russia, Germany, Cyprus, and the United States. With a staff of more than 2,100 professionals, IBA Group is one of the largest IT service providers in Central and Eastern Europe. IBA Group has achieved SEI CMMI Maturity Level 4 and is ISO 9001:2000–certified. IBA Group is recognized by the International Association of Outsourcing Professionals (IAOP) as one of The Global Outsourcing 100 in the Leaders Category.

Contact:

Irina Kiptikova
IBA Group PR Manager
kiptikova@iba–it–group.com
Tel.: +375 17 217 3952

Contact in Czech Republic:

Jan Valdman
IBA CZ PR Manager
valdman@ibacz.eu
Tel.: +420 251 050 160