Reksoft, a leading software development outsourcing provider in Eastern Europe and part of Technoserv Group, today announced that it has been named as one of the Rising Stars of the 2012 Global Outsourcing 100 Ranking sub-lists. The International Association of Outsourcing Professionals (IAOP) has been compiling its annual ranking of the world's best outsourcing service providers and advisors, the Global Outsourcing 100, since 2006.

Reksoft, a leading software development outsourcing provider in Eastern Europe and part of Technoserv Group, today announced that it has been named as one of the Rising Stars of the 2012 Global Outsourcing 100 Ranking sub-lists. The International Association of Outsourcing Professionals (IAOP) has been compiling its annual ranking of the world's best outsourcing service providers and advisors, the Global Outsourcing 100, since 2006. The ranking and its sub-lists are essential references for all companies seeking new and expanded relationships with the best companies in the outsourcing industry. This year IAOP gave a high ranking to Reksoft’s customer references, followed by company recognition and certifications. This reflects Reksoft’s continuous efforts in improving its quality and process management systems, evidenced by its being the only company in Russia with the highest CMMI certification (Level 5). It also speaks of Reksoft’s growing industry recognition in the country. In 2012 Reksoft was named “Innovator of the Year” by the St. Petersburg chapter of the American Chamber of Commerce and included in the TOP 100 Best Employers in Russia by HeadHunter, the nationwide recruiting website. “Our message for customers is very clear – Reksoft’s thoroughly cultivated corporate culture, along with consistent investment into vertical competences and delivery quality, allow us to add visible value to any relationship we build. I am proud that our efforts have been recognized by the top industry association,” said Alexander Egorov, Reksoft Chief Executive Officer. The 2012 IAOP Sub-Lists Honor Reksoft in the following categories: • Best 5 Rising Stars – Telecommunications; • Best 20 Rising Stars – Technology (Hardware and Software); • Best 20 Rising Stars – Information/Comm. Technology Services; • Best 5 Rising Stars in Russia; • Best 20 Rising Stars in Western Europe. The full list of IAOP 2012 Global Outsourcing sub-lists can be downloaded here – http://www.iaop.org/Download/Default.aspx?ID=2006 Additional information: About Reksoft (http://www.reksoft.com): Headquartered in St.Petersburg, Reksoft is an expert software development services provider with a key focus in the telecommunications, financial services and public sectors. Since 2009 Reksoft is part of Technoserv group, one of Russia’s top 5 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, Comverse, Dirol Cadbury, Fujitsu Technology, FXDD, Mavenir Systems, Mazda, Philip Morris, Sicap, Springer Business+Science Media, StoraEnso, Swisscom Mobile, Tieto and T-Systems. Currently, the company counts more than 380 employees. Reksoft’s sales and support offices are located in Germany and Sweden while software development is performed in Russia (St.Petersburg, Moscow, Voronezh). Media Contact: Svetlana Vronskaya Director, Corporate Communications Reksoft Tel: +7 812 325 21 00 Mobile: +7 921 954 7992 email: vronskaya@reksoft.com