DataArt Expands London Office

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DataArt Expands London Office

January 20, 2010

DataArt announced expansion of its London office with the appointment of Mike Brett as VP of Business Development and Sales for Europe. In his new role, Mr. Brett will focus on further strengthening DataArt's Capital Markets practice, which has grown by 15% in 2009.

While Capital Markets industry has stabilized and largely returned to growth, the need to do “more with less” is as strong as ever, and DataArt’s offering fits the niche for innovative, cost-efficient bespoke solutions in the areas of risk management, portfolio analytics, trade capture, settlement and reconciliation. Mr. Brett will work with both buy- and sell-side and will have responsibility to establish partnerships with leading technology, market data and analytics vendors in the space.

Prior to joining DataArt, Mr. Brett worked in business development for NET2S Capital Markets consultancy which specialized in Electronic Trading, Risk and Trade Management and Data Management. There he spearheaded a new ethical hacking division and Security Consulting practice, contributing to strategic wins of new key clients. He also managed a series of industry seminars and corporate events for NET2S, securing the company's visibility on the market.

Mr. Brett holds a BA in Business Studies from the University of the West of England.

DataArt Announces 2009 Achievements

January 18, 2010

DataArt announced that it remained profitable in 2009, with two core areas of its strategic focus – advanced software engineering services for key industry domains - performing extremely well. DataArt's Financial Services / Capital Markets Practice grew 15% and added seven new clients, despite the ongoing industry-wide slump.

- Travel & Hospitality Practice, launched in early 2009, added five new clients, including Collette Vacations and EnjoyEngland.com, and created a stable pipeline of work, solidifying the new practice as the second best performing at DataArt. Among other notable 2009 achievements are DataArt's ongoing successful engagements with Fujitsu Computer Products of America, Passlogix, navmii and DPC Data. Overall, DataArt serviced over 70 of its clients and completed over 250 critical system deliveries in 2009.

DataArt was widely recognized by industry associations as one of the leading IT service providers: Global Services named DataArt a top 10 Emerging European Provider for the third year in a row, while IAOP named DataArt World's top 100 provider for the fourth consecutive year, also honoring the company as 2009 Best 20 R&D Company.

DataArt 2010 plans include continuous investment into its most successful areas of expertise - financial services, online travel and mobile solutions practices, and strengthening onsite presence in London, UK.

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