MERA is Selected to the 2008 Global Outsourcing 100

February 21, 2008 – MERA, an Eastern Europe’s leader in Telecom software R&D services, was selected in the Rising Stars category for the 2008 Global Outsourcing 100 - International Association of Outsourcing Professionals' (IAOP) annual ranking of the world's top 100 outsourcing service providers. The Global Outsourcing 100 and its sub-lists are essential reference guides for companies seeking new and expanded relationships with the best companies in the industry.

The judging was based on criteria of excellence in growth, customer experience, management capabilities and depth and breadth of competencies. Rankings will be unveiled when the list appears in the May 5th issue of FORTUNE® magazine in a special advertising feature produced by IAOP and will, along with a new series of sub-lists, be published on IAOP's websitewww.outsourcingprofessional.org.

“The companies on this year's Global Outsourcing 100 list represent the elite of our field, hailing from every corner of the globe and providing an extensive array of cutting-edge services.” says Michael F. Corbett, Chairman, IAOP. “The Global Outsourcing 100 list has become the definitive go-to resource that companies use to make better informed outsourcing decisions and comparisons of providers, so it is an extremely valuable resource for both the players named on it and the businesses around the world that use outsourcing services.”

“We are extremely proud to be selected for the second time to the Global Outsourcing 100 list. This prestigious award is a vivid proof of the company’s excellence in delivering software development services and innovative solutions.” says Igor Piruyan, Vice President at Mera. “Earlier this month MERA was also named for the second consecutive year to the Global Services 100 list and included in the “Top 10 Companies to Watch in Emerging European Markets” category by Global Services and neoIT. I believe that these recognitions yet again prove that Eastern Europe has won its well deserved title of a destination of choice for software R&D services and obviously keeps reinforcing its leading position at a great pace”.

About IAOP

The International Association of Outsourcing Professionals (IAOP), with 40,000 corporate, professional, and associate members worldwide, is leading the effort to transform the world of business through outsourcing. Its clientside members are, on average, responsible for $60 million per year of outsourcing spending with some overseeing outsourcing programs in the billions of dollars. Through professional and ethical standards, the Certified Outsourcing Professional (COP) Program, educational programs including The Outsourcing World Summit®, and recognitions such as The Outsourcing Hall of Fame and The Global Outsourcing 100, IAOP is advancing one of the 21st century’s most important new management fields - outsourcing. To learn more, visitwww.outsourcingprofessional.org.

About The Global Outsourcing 100

The Global Outsourcing 100, produced annually by the International Association of Outsourcing Professionals (IAOP), is devoted to featuring the best of today's leading outsourcing service providers and tomorrow's rising stars. Along with its publication by IAOP, the list appears each year in FORTUNE® magazine in the special advertising section produced by IAOP. Companies must demonstrate excellence in categories such as size and growth, customer experience, depth and breadth of competencies, and management capabilities. Because of the rigorous application and judging process employed, The Global Outsourcing 100 defines the standard for excellence in outsourcing service delivery. For more information, visit www.globaloutsourcing100.com.




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