SoftServe Continues European Expansion Opening New Hamburg Office

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Hamburg, Germany — January 21, 2014 – SoftServe, a leading global outsourced product and application development company, today announced the expansion of the company’s European presence with a new facility opened in Hamburg, Germany. The company has recently opened offices in London, UK, as well as in Amsterdam, Netherlands, with a dedicated European business development team assigned to support the European market.

As the outlook for the German economy in 2014 is positive, the need for advanced software products and applications is increasing. According to estimates by the Federal Association for Information Technology, Telecommunications and New Media (BITKOM), the German ICT market is set to grow by 1.6% to EUR 154.4bn. The strongest division is again expected to be IT, especially software.

“We are confident that with our new corporate strategy focused on such key industries as Healthcare, Retail, and Infrastructure and Systems, SoftServe’s robust offerings are tailored to meet the growing needs of the German market,” said Juan Turruellas, EVP Worldwide Sales and Marketing, SoftServe. “With geographical and cultural proximity to Western Europe, as well as SoftServe’s vast experience in solving complex software development challenges, we are well-positioned to empower businesses in Germany and throughout Europe.”

The German facility will also support SoftServe customers in Austria, Switzerland, Denmark and France and will be led by Walter Ortmüller, Regional Vice President Business Development, who has 30 years of experience in the IT and technology industry.

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About SoftServe Inc.

SoftServe, founded in 1993, is a leading global outsourced product and application development company dedicated to empowering businesses worldwide by providing end-to-end capabilities from product concept to completion. We leverage our Abiliton™ best practice framework for software development optimization, ensuring predictable, repeatable results, faster time to market and highest-quality applications. SoftServe delivers proactive solutions in the areas of SaaS/Cloud, Mobility, BI/Analytics and UI/UX for industries including Healthcare, Retail, Manufacturing, Logistics, and Infrastructure & Systems. SoftServe is a rapidly growing global company with over 3,000 professionals and offices in North America, Western Europe, Russia and Ukraine. More information can be found at http://www.softserveinc.com/.