MERA Networks has been Named to the «2007 Global Services100» List of Leading Service Providers

Toronto, ON, Canada —  February 8, 2007. MERA Networks, a Russian leading Russian offshore software development service provider for Telecom Industry has been listed among 100 world's most innovative service providers on the «2007 Global Services100» list. The company has been ranked as one of «Top 10 to Watch in Emerging European Markets».  

The award is based on a comprehensive research study of 250 data points and 147 respondents from 18 countries, representing the most popular service-delivery destinations such as India, China, Russia, the Philippines, Malaysia and Mexico. The «Global Services100» list indicates world's most innovative providers of business and technology services, which have demonstrated a pattern of market leadership and outstanding customer service.

The Global Services magazine evaluation team and neoIT experts, selected winners judging by operations, services, client data and human-resource policies. «The Global Services 100 includes large multinational service providers, emerging BPO providers, vertical specialists and leading customer-service firms,» said Rusty Weston, editor-in-chief, Global Services.

«It was the first time MERA Networks participated in this rating and we are extremely proud of being listed in Global Services 100,» said Dmitry Ponomarev, President and CEO of MERA Networks. «MERA Networks is a company focused solely on Telecom industry and it was not easy for us to compete with other participants which have diverse experience in different spheres for various clients. We are engaged mostly on large-scale, mission-critical and complex projects for such global Fortune 500 corporations as Nortel, Ericsson, TietoEnator, and have deep and broad telecommunications expertise and extensive experience in wireless and wireline telecommunication technologies. We proud to be among “Top 10 to Watch in Emerging European Markets”, this is one more testimony of our engagements to meet our customers business goals by providing  high-quality first-class IT solutions».

About MERA Networks

MERA Networks is an international IT and telecom software development outsourcing company offering in-house and offshore software programming services for wireline and wireless communication systems, cellular and satellite systems, IP Telephony, digital signal processing, and embedded software. With 17+ years experience in offshore programming in the most rapidly developing sectors of the IT market, MERA Networks is a trusted source of offshore software development services that accompany the product at every stage of its life cycle, from design and development to sustenance and testing. For further information about MERA Networks please refer to: http://www.meranetworks.com

About Global Services

Global Services is an integrated media brand with a portfolio offering that includes a magazine, a website, events, a newsletter and customized solutions. The audience comprise of corporate professionals engaged in the sourcing and management of business and technology services across North America and Western Europe. Global Services is owned by CMP-CyberMedia LLC. The team is co-located in the United States and India.

About neoIT

neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalizationSM. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services. For more information, visit http://www.neoIT.com.