Released on: July 10, 2008, 12:51 pm

Press Release Author: Vica Vinogradova, DataArt company

Industry: Computers

Press Release Summary: DataArt is a high-end software outsourcing company with
industry-specific expertise in financial technology, telecom and media sectors. The
company specializes in enterprise application development, system integration and
business automation tools.

Press Release Body: July 10, 2008. New York, NY - DataArt, a high-end software
outsourcing company with development centers in Russia and the Ukraine, announced
the launch of DataArt Labs, a new project with Kharkiv National University and
Kharkiv National University of Radio Electronics (KHNURE). DataArt Labs project
focuses on discovering young talented IT specialists , drawing from the most
accomplished students and post-graduates, offering them adequate roles in the
company's projects without strict time constraints. The arrangement allows students
to gain hands-on knowledge of the industry, while clients receive discounted rates
on selected projects.

"DataArt Labs framework allows students to combine core education with practice.
They receive a unique opportunity to participate in all stages of a project, from
market research, to software development, to client communication, without
interrupting their university studies," said Mikhail Zavileysky, DataArt COO.

DataArt has been supporting academic initiatives in different universities for many
years, one of which is the now well-known joint Econo-Physics program with St.
Petersburg State University. The opening of the Kharkiv office in 2007, coupled with
the dynamic company growth and a recent investment made the initiative a reality.
Dean of the School of Mathematics and Mechanical Engineering of Kharkiv National
University, Grigory Zholtkevich, and Dean of Faculty of Computer Engineering and
Control of KHNURE, Vladimir Hahanov, head the project at their respective
universities.

"Our key goal is to introduce innovative technologies and to implement the latest IT
market trends in the university programs, so that we can rip the benefits of the
best IT talent working for DataArt," said Alexander Nikitenko, head of DataArt
Kharkov Office.


About DataArt (www.dataart.com)
DataArt is a high-end software outsourcing company with industry-specific expertise
in financial technology, telecom and media sectors. The company specializes in
enterprise application development, system integration and business automation
tools. In 2006-2008, DataArt was named one of the world\'s top emerging outsourcing
providers by BusinessWeek, CMP\'s Global Services 100 and by International
Association of Outsourcing Professionals. Headquartered in New York City, DataArt
runs R&D centers in St. Petersburg, Voronezh, Kherson and Kharkov, and maintains
offices in London, UK.



Web Site: http://www.dataart.com

Contact Details: Media Contact:
Vica Vinogradova
212-378-4108 x. 4014
vica@dataart.com