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LeverPoint Expands Reach in Romania with Acquisition of Devix Corporation SRL

(Reston, VA, July 2008) – LeverPoint, the leader in global product development services, has expanded its reach in Eastern Europe into Romania with the acquisition of Devix Corporation SRL, a software product development company with deep roots in Romania and Eastern Europe. Devix Corporation SRL joins LeverPoint’s existing development center in Eastern Europe. Romania is helping software product companies accelerate their time to market. The acquisition is part of LeverPoint’s overall strategy to build and retain the world's best software R&D engineers and help its technology clients enter new markets.

"The addition of Devix Corporation SRL strengthens our ties in both the domestic Romanian and other Eastern European markets, while expanding our engineering skill sets" said Todd Bramblett, LeverPoint’s CEO.

LeverPoint’s Eastern Europe software delivery center was established in May 2006. It specializes in developing software products for the telecommunications, mobile, business and consumer internet, and embedded technology markets. It also provides go-to-market advisory and channel-building services. Devix Corporation SRL engineers will bring additional expertise in embedded technologies, JAVA, .NET, and C/C++.

LeverPoint focuses on software product R&D for technology companies, not IT services. It employs hundreds of software engineers in the US, India, Argentina and Eastern Europe to help its clients deliver quality software products to market faster than they could on their own. LeverPoint services include product testing and quality assurance, product analysis, conceptualization and realization, migration and porting, and product maintenance and support.

About LeverPoint:
LeverPoint provides software product development and testing outsourcing to software firms and software-enabled enterprises worldwide using our unique right-shore, dedicated partnership model.  With this model LeverPoint builds highly efficient, win-win client-partnerships with an optimized mix of team members from the client's internal resources and LeverPoint's centers in the US and around the globe.  These teams operate as virtually one team and are comprised of the full range of skills needed to more quickly and cost-effectively bring higher quality software products from vision to market including user interface and requirements definition to software architecture, development and the myriad forms of software testing.

The company is headquartered outside Washington, DC with US offices in Boston, New York and in the UK in London.  Our global delivery centers are located in India, Argentina and Eastern Europe.

For more information, please contact:
Lawrence Roe
Larry.roe@leverpointinc.com
LeverPoint, LLC
11417 Sunset Hills Road, Suite 215
Reston, VA 20190
703-435-6365/888-LeverUp