March 29, 2011, St. Petersburg, – Reksoft, a leading provider of software development services from Eastern Europe and a part of Technoserv Group, today announced the signing of a contract with GFIU, a leading developer of electronic trading platforms in Germany, to provide outsourcing services.

GfiU, established in 2004, provides e-commerce software development services. GfiU has obtained extensive know-how in the field of online marketing and online sales.

The German company profits from a close network of experts with deep knowledge of online markets and collaboration with the University of Aachen, one of the ten best universities in Germany.

GfiU enjoys cooperation with clients such as www.antibodies-online.com, the worldґs largest online supplier of antibodies, and the Chiemsee fashion brand.

Reksoft was chosen by GfiU as an outsourcing partner because of Reksoft’s extensive experience in e-commerce projects, which it has amassed since 1998. Reksoft founded and developed Russia’s most popular online store, Ozon.ru, Internet payment gateway Assist.ru, and trading platforms for companies such as Saxo Bank and FXDD.

Reksoft is to provide services for the development and design of online stores based on the Magento platform. Reksoft also develops mobile payment services for the sites.

The internet stores are to be developed on the Magento platform, currently one of the most popular web applications for e-commerce.

It boasts rich functionality and a user-friendly interface that allows modification to the online shop window, simultaneous warehouse and support services, support for multiple payment gateways, a convenient reporting and analysis system, and many other advantages.

The development is based on PHP software technologies, MySQL, Prototype, jQuery, Ajax, and XML, based on the Zend Framework library. The software created can be adapted for use with both Windows and Linux, and is compatible with any standard Web server (Apache, IIS, lighttpd, etc.).Reksoft has already completed a number of successful pilot projects for the client, and negotiations are currently underway to increase the scope of cooperation.

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About Reksoft (http://www.reksoft.com):

Reksoft is an expert software development services provider with a key focus on telecommunications, hospitality & travel, and financial services sectors. Reksoft is a part of Technoserv group, entering top-3 Russian system integrators. Reksoft has been delivering software outsourcing solutions for the past 20 years, winning a loyal customer base of such leading enterprises as Aastra Telecom, Airwide Solutions, Dirol Cadbury, First Data International, Francotyp-Postalia, Fujitsu Siemens Computers, Mazda, Philip Morris, Springer Business+Science Media, Swisscom Mobile, Tieto and T-Systems. Currently, the company counts more than 350 employees. Reksoft’s sales and support offices are located in Germany, Sweden and Finland while software development is performed in Russia.