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IP Devel invests in a new headquarters

IP Devel, market leader in Romanian software outsourcing, has recently moved to the new building at 1D, Vasile Milea Boulevard, sector 6, Bucharest. This is the company's third headquarters since its establishment in 2000 and the most important real estate investment so far, exceeding USD 500,000. This major step is based on the explosive growth of the company and the wish to offer both clients and employees the optimum environment in which to develop complex projects.

(PRWEB) July 18, 2004 -- IP Devel, market leader in Romanian software outsourcing, has recently moved to the new building at 1D, Vasile Milea Boulevard, sector 6, Bucharest. This is the company's third headquarters since its establishment in 2000 and the most important real estate investment so far, exceeding USD 500,000. This major step is based on the explosive growth of the company and the wish to offer both clients and employees the optimum environment in which to develop complex projects.

The entire building is equipped to the highest standards, offering a full range of facilities required by the smooth running of the company: from spacious offices with state-of-the-art equipment to conference rooms and recreation areas. As a result of the rewarding collaboration with its clients, the IP Devel team is presently formed out of more than 100 professionals. Twice as many than at the beginning of the year, they offer exceptional technical and human skills, reflecting the rapid growth of the company: according to estimates made by the management, this year's end will see a twofold increase in the number of personnel up to 200 employees, while the new headquarters is to be used at maximum capacity by mid-2005.

"We decided to start this investment in July last year. The positioning of the company allows us to both grow and be flexible: we use the high qualifications of the local human resources in order to support our expansion in the major continental markets of dynamic software outsourcing -- Asia, North America, and Europe. We will continue to grow in the coming years and in order to secure our growth we need a place of our own, which gives us freedom of movement and multiple working choices. Both the level of development achieved by the company and the strict requirements of the markets we operate in, in Romania and abroad, have led us to invest in a headquarters on international standards. Our clients and employees have appreciated the change as a proof of long-term involvement, and an effective motivational factor, as well," said Bogdan Putinica, President and CEO, IP Devel.

IP Devel maintains a rate of growth that is unusually rapid for the Romanian market, sustained by the brainpower and the commitment of its team and also the trust invested by its clients, which see this company as a Romanian leader in IT&C. Names such as AMANO Corporation, Cingular, Citibank, Olympus Optical R&D, PacketVideo, Siemens VDO Automotive, T-Mobile, TRX and US South, represent as many special projects and areas of expertise unique to the market. The new headquarters provides the company with diverse opportunities including the development of new business lines and the thorough study of innovative technologies, with the ultimate aim of increasing client satisfaction and consolidating the market leader position.

About IP Devel
IP Devel is a market leader in Romanian software outsourcing. The success of this dynamic company relies both on the service-oriented business strategy, unique to Romania, and team ability to engineer some of the newest, most innovative and challenging projects worldwide. Starting in 2000, IP Devel has been supplying its clients in Asia, North America and Europe with over 300 customized software solutions, and has achieved significant growth yearly. IP Devel is ISO 9001:2000 certified, a Certified Microsoft Partner and in the process of obtaining CMM Level 4. The entire activity of IP Devel is oriented towards satisfying client needs and promoting Romanian IT&C culture.

For more information and high resolution photos of the new headquarters please contact:

IP Devel, Marketing
T: +40 21 212 70 20
F: +40 21 212 70 30
media@ipdevel.ro

www.ipdevel.net

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CONTACT INFORMATION
Mirona Iliescu
IP DEVEL
+40 21 212 70 20
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