Released on: October 21, 2008, 4:31 am

Press Release Author: Central and Eastern European Outsourcing Association

Industry: Computers

Press Release Summary: Outsourcing Associated bodies and Branch Associations from
the Baltics, Ukraine, Hungary, Bulgaria and Romania established Central and Eastern
European Outsourcing Association (CEEOA)

Press Release Body: Budapest - 21 October, 2008 - Outsourcing Associated bodies and
Branch Associations from the Baltics, Ukraine, Hungary, Bulgaria and Romania
consolidate their resources and established Central and Eastern European Outsourcing
Association (CEEOA) with the purpose to promote CEE region as competitive
alternative to other Global offshoring destinations, and to increase services
delivery quality and volumes under recognized standards.

Central and East European (CEE) countries are very small players in the Global
market for IT and business process outsourcing. Lack of international trade practice
and modern business management competencies by CEE vendors are among the factors
keeping CEE region from realizing considerable opportunities created by
globalization.

Therefore CEEOA strives to attract considerable attention to the region as an
offshore outsourcing location, along with thousands of qualified graduates entering
the marketplace each year. Service providers in these countries offer geographic
proximity combined with cultural and language affinities, constantly improved
business viabilities and services delivery capabilities, and openness to
collaborate. The macro economical and political environment is stable,
infrastructure is well developed.

Baltic Outsourcing Association (BOA), Ukrainian HI-TECH Initiative, Hungarian
Outsourcing Association (HOA), Employers' Association of the Software and Services
Industry (ANIS) from Romania and Bulgarian Web Association (BWA) joined their forces
with the purpose to best avail opportunities given by globalization and promote CEE
region's competitive features in order to capture large share of the global market
for IT and business process outsourcing (offshoring) services. CEEOA focus is on all
service areas, not only IT, BPO and high tech industries, as its important to
consider outsourcing as a non industry specific phenomenon. CEEOA is an open
platform for all the organizations and businness associations in the region who are
willing to join it or to contrubute to the accomplishment of its goals.

CEEOA operates as an independent professional advisory body on networking
partnership basis, - its critical Objective is to create, develop and communicate
positive image and main value proposition (-s) of CEE region as competitive
alternative to other global IT, business processes and manufacturing outsourcing
destinations.

The Association also strives to develop the internal market, where outsourcing
should be promoted as a useful management tool for companies ranging from different
industries in CEE region. Other Objectives are: to promote transparent and open
business environment, CEE regional and international networking that builds
operational value by promising and delivering high quality products and services at
fair prices over the time, and by building strong economic, technical and social
ties among the members of CEEOA and free competition; to improve business
viabilities and services delivery capabilities of CEE Service providers; to promote
creation and introduction of science-intensive technologies, the development of
information society; to encourage each CEE country to increase the level of
collaboration between government, companies, and universities to ensure that
students gain the skills that companies require.

CEEOA intends to achieve these Objectives with the use of different marketing
communication tools as PR, ATL and BTL activities, and the establishment of
standardized certifications of Vendors' qualification. Besides initiating permanent
researches to follow the main indicators of outsourcing, political, economic, and
investment market features, Association wishes to maintain value added relationship
network with associated outsourcing industry bodies, chambers of trade and industry
and professional associations globally, while creating a single information flow
promoting and sharing the best practices, expert information and research findings,
benefits and innovative solutions in the outsourcing industry from CEE.

Central and Eastern European Outsourcing Association has already accomplished the
project ITONews.eu (http://itonews.eu) - information platform, the main aim of which
is to create the single information flow from CEE countries and to serve as a
meeting place for outsourcing services providers and buyers. Also a brief research
"Central and Eastern Europe IT Outsourcing Review '2007" has been conducted under
the aegis of CEEOA, where the information about IT Outsourcing markets of CEE
countries can be found.

About CEEOA
Central and Eastern European Outsourcing Association (CEEOA) (http://ceeoa.org) was
founded in 2008. Baltic Outsourcing Association (BOA), Ukrainian HI-TECH
Initiative, Hungarian Outsourcing Association (HOA), Employers' Association of the
Software and Services Industry (ANIS) from Romania and Bulgarian Web
Association (BWA) became the founders of the association. One of the main objectives
of CEEOA is to promote the Central and Eastern European Region as competitive
alternative to other Global offshoring destinations, and to increase services
delivery quality and volume under recognized standards.

Contacts:
Iryna Dubenyuk
Email: irad@hi-tech.org.ua
Phone: +38 044 458 1753

Web Site: http://

Contact Details: Iryna Dubenyuk
Email: irad@hi-tech.org.ua
Phone: +38 044 458 1753