Survival Guide Media project launched

A project on web-site development and design for Survival Guide Media has been launched by DataArt. The Short List is a leading provider of neighborhood and lifestyle information for New York City, providing content solutions for both institutional and consumer end-users.

"There were a variety of factors that led us to choose DataArt over other potential developers. First was the company's impressive client base. Second was the team of highly qualified software developers. And finally, it was the project management that would allow us to actually benefit from the cost savings that outsourcing provides, rather than suffer from a inflated TCO down the road," said Marc Kirschner, The Short List Publisher and Founder.

DataArt's CFO attends roundtable with NASDAQ

DataArt's CFO, Svetlana Janson, recently attended a roundtable held by the St. Petersburg Chapter of the American Chamber of Commerce in Russia and the Center for Business Ethics and Corporate Governance. At the meeting was the newly appointed director of NASDAQ operations in Russia and CIS, Paulina McGroarty. Svetlana wanted to find out more about the prospects of businesses going public and also about NASDAQ plans to establish long-term relations with Russia.

"Due to Russia's strong and steady growth over the past few years, the healthy fiscal situation due to high oil prices, and the government's stated support for reform in many sectors of the economy, NASDAQ officials believe that the time is approaching for companies to think about expanding operations and incurring debt," roundtable founders said.

The roundtable was inspired by NASDAQ starting its expansion into Russia and showing an interest for Russian companies to become public. DataArt's interest in such a roundtable is attributed to one of our areas of core competence, financial expertise. Having significant experience working in the hedge fund and asset management industry, DataArt is interested in similar possibilities.

DataArt is Home to Famous Designers

St. Petersburg's society magazine Sobaka.ru inquired with DataArt to profile the company's leading designer in a feature story: the most talented and cool artists in the city. The journalist wanted to interview one designer, however, we insisted that DataArt's artistry would be much better represented by our dynamic duo, Andrei Balashov and Sergey Mikhaltchik. The published article discusses the best artistic forces operating in St. Petersburg, and these two DataArt-ers are recognized as being two of the top six best designers in the city.

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Network Physics team visits DataArt's St. Petersburg Development Center.

Executives from Network Physics, a California-based provider of advanced network management solutions have visited DataArt's Development Center in St. Petersburg, Russia. Network Physics has been working with DataArt on a series of QA and development projects for the last six months and confirmed that it is interested in continuing the relationship.

Rob Hon, Vice President of Engineering and Mark Crane, Director of System Integration, inspected DataArt's workspace and Data Center, audited on-going projects and presented Network Physics technology strategy. The meetings were extremely helpful in aligning both team's vision of future projects and process improvement areas. Rob Hon commented:

"We very much enjoyed meeting the DataArt team face-to-face and having the opportunity to work with the team in person. I certainly found my first trip to Russia a delightful experience, especially the people and the culture that we encountered.

Thank you all for your continued efforts on Network Physics projects. We at NP are very happy with DA work, and are looking forward to expanding our relationship."

"DataArt customer base source" research shows efficiency figures in attracting new clients

Partner network uniting 161 partners
in 5 countries and 19 states of the USA
showed its benefits with 12 quarters
of continuous revenue growth.

Fifty-nine percent of DataArt clients came from partner networking activity. It took DataArt, a New York based software outsourcing company with a development center in St. Petersburg, Russia, 4 years to create partner network. The DataArt web site became the source of twenty two percent of new clients. Redesign, optimization and the subsequent work with search engines took 8 months. On October, 20 "DataArt customer base source" research for three quarters of 2004 was published. Sources were distributed in the following order:

• 59% - Partners;
• 22% - Web-site and on-line directories;
• 13% - Networking;
• 4% - Direct Marketing;
• 2% - Offline marketing activities.

According to Eugene Goland, president of DataArt, "DataArt customer base source" research shows that people and the globalization process are the cutting edge of today's economy. DataArt clients small and medium size companies have in practice shown efficiency of this assumption, and it has allowed DataArt to grow revenue within 12 quarters and grow numerically by three times."

About DataArt

DataArt is a New York-based offshore software outsourcing company specifically focusing its services on small and medium business. Since its founding in 1997, DataArt has lived by principles of professionalism, openness and team spirit. DataArt has been recognized as the Best employer among IT companies in 2004. There are 148 professionals working in the development center in Saint Petersburg. DataArt focuses on technological innovations and keeping a highly qualified team. This policy has helped establish the company as a leader in Microsoft .NET development. In 2002 DataArt was mentioned by Bill Gates on the Microsoft .NET Visual Studio world presentation. 11 million people use DataArt developed Mail.ru - Russia's largest Internet Portal. For additional information on DataArt, visit www.DataArt.com