Exigen Services Acquires Chinese Software Outsourcer

SAN FRANCISCO, CA, May 27 (MARKET WIRE) --
Exigen(R) Services, the leading next generation application outsourcing
provider, today announced it has acquired China-based software
outsourcing services provider Taihoo Technologies. Blending its industry
leading expertise in distributed Agile development and its experienced,
knowledgeable Eastern European team with the vast, well educated
technical workforce in China, Exigen Services creates a more scalable,
high quality delivery capability and improves economic performance for
customers.

The move will also expand Exigen Services' global delivery capabilities
through 'round the clock' delivery to accelerate customer time-to-market,
expand geographical diversity, and provide local support for Western
companies in Asia. Bringing its expertise in enterprise software
development in Financial Services, Media and Telecom to China, Exigen
Services' offerings will also expand to leverage Taihoo's expertise in
mobile computing, product lifecycle management (PLM), embedded
development, and quality assurance.

To be known as Exigen Services China, the Suzhou-based delivery center
will have a base of skilled engineers who are fluent in English and
average over five years of experience. Utilizing Exigen Services'
experience in enterprise software development, a regional market
development team will expand the client-base nationally in China, and
give existing and future customers access to China's well-educated work
force. The team boasts some of the most highly educated resources in the
region, all graduating from top universities in China.

"Assuming responsibility for IT development projects and thereby reducing
risk and improving economic performance has been Exigen Services' priority
since its inception," said Alec Miloslavsky, CEO, Exigen Services.
"Through the acquisition of Taihoo, we are now able to provide customers
with greatly improved scalability without sacrificing quality for which
we are known. In particular, customers who are entering China will now
have access to local development through an existing trusted partner."

"Our combined experience and expertise in innovative technologies and
methodologies translates in to results for our customers who want to
scale," said Qili Zhang, CEO and founder, Taihoo Technologies. "Exigen
Services' ability to predictably deliver high-scale IT outsourcing
projects also enables us to become a strategic partner for Chinese
clients looking to implement integrated systems through a locally-based
provider."

"Taihoo has been a valuable partner for us. Their ability to help reduce
the normal IT risks associated with outsourcing further set them apart,"
said Ira Scharfglass, SVP Development, White Sky, Inc. "We're looking
forward to continuing our relationship through Exigen Services and feel
there is a natural similarity between the two companies that will
complement each other nicely."

Exigen Services China will be lead by Taihoo founder, Qili Zhang, taking
the position of General Manager. Mr. Zhang, a Top 10 High Tech
Entrepreneur of Suzhou in 2005, has co-founded several high-tech
companies before Taihoo Technology, including Prisma Software, Starfics
Software, Jiexun Technology and Suzsoft International. He has also held
various leadership positions at Borland Software and Vox Technologies.

About Exigen(R) Services

Exigen Services is the leading application outsourcing services provider,
and combines world class skills, recognized expertise in development
methodologies, and industry experience to reduce risks, lower costs and
deliver results. Exigen Services has pioneered a new approach to global
application outsourcing, Outsourcing 2.0, that includes commercial terms
that optimize financial alignment between client and vendor. As a result,
Exigen Services makes IT outsourcing a much easier and more beneficial
undertaking for global enterprises. Since 2000, Exigen Services has been
the global leader in the use of distributed Agile methods for rapid and
precise systems development throughout the banking/insurance/brokerage,
health care, telecommunications, government and media industries. Clients
range from Fortune 500 organizations to mid-sized growth companies
including Sun Microsystems, CSC, Universal Music Group, Standard & Poor's,
T-Mobile, AXA, Logitech, GE Money Bank, Westpac Bank and many others. For
more information, visit www.exigenservices.com.

Exigen Services has achieved high honors in a variety of independent lists
and rankings, including the #1 ranking for software testing and quality
assurance services in outsourcing in the 2008 Brown & Wilson Black Book of
Outsourcing. The company is a member of the 2009 Global Services 100, and
is a top 10 provider of both outsourced product development and human
capital development. Exigen Services is considered one of the top 100 IT
services companies in America according to Inc Magazine's 2008 Inc5000.

Exigen Services is a registered trademark of Exigen Services, Ltd.

For further information, contact:
Press Contact:
March Communications
Eric Seymour
+1 617-960-9856
eric@marchpr.com

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