March 20, 2006 (Press Release) --
Ukraine, March 10, 2006 – Ukrainian software development company QArea Group reports the last year results. The 49% revenue growth, several dozens of successfully implemented projects for customers in the USA and Europe, 34% increase in staff. To reach such excellent achievements QArea Group has exerted special effort.
“Much more customers, much more complex software developed, much more revenue. This bolsters the spirit of entrepreneur” -- in such brief and expressive manner Max Garkavtsev, CEO of QArea Group, summed up the main results of the past year at an annual meeting of the company management staff held on the 6-th of March, 2006 in Kharkiv, Ukraine.
QArea is a Ukrainian group of software development companies that provides a wide range of IT outsourcing services for customers in the U.S., Canada, and the Western Europe. In 2005 the QArea revenue increased by 49 per cent. The number of staff grew by 34% and amounted to more than 200 persons. All main QArea activities – handheld computers (PDA) and mobile application development, Web development services, .NET and Java software development - were essentially expanded.
The efforts of QArea management have been yielding good fruit. To date the Company has amassed a substantial experience in software development and porting for mobile phones and PDA and has implemented complex low-level drivers, handheld business and leisure-and-entertainment activities applications, Poker analyzing tool, as well as exciting games such as Wireless Casino (including 7 most addictive casino games), Sea Battle for Symbian OS, Chess, and some others. Departments of the most high-end technologies - .NET and Java - grew very fast in 2005. Effective business management systems like a resort management system, a signature capture application are among their accomplishments.
QArea web development team, which joined experts in web and WAP portals, online communities and e-commerce, had implemented a whole series of interesting projects: e-shops, portals, personal sites, logos, banners, and even funny Flash-games. And when the customer says “We've been working with QArea on several design projects and we are very satisfied with the results” -- it is the best award for excellent work.
The QArea Group motto for 2006 is “Optimization, consolidation and harmonious growth”. In his report QArea CEO Max Garkavtsev stated detailed arrangements to achieve declared goals and objectives. “Our effective competitive business solutions are the main base for all our further achievements,” emphasized Max Garkavtsev closing the annual QArea meeting.
About QArea: QArea is the one of the largest offshore software development companies in Eastern Europe since 2001. Its primary focus is brought upon application development for handheld devices (j2me development, Symbian, WinCE / Windows Mobile, Palm devices) and mobile web application development. Also, QArea cultivates strong .NET and Java teams performing standalone and web-application development and testing services.
“Much more customers, much more complex software developed, much more revenue. This bolsters the spirit of entrepreneur” -- in such brief and expressive manner Max Garkavtsev, CEO of QArea Group, summed up the main results of the past year at an annual meeting of the company management staff held on the 6-th of March, 2006 in Kharkiv, Ukraine.
QArea is a Ukrainian group of software development companies that provides a wide range of IT outsourcing services for customers in the U.S., Canada, and the Western Europe. In 2005 the QArea revenue increased by 49 per cent. The number of staff grew by 34% and amounted to more than 200 persons. All main QArea activities – handheld computers (PDA) and mobile application development, Web development services, .NET and Java software development - were essentially expanded.
The efforts of QArea management have been yielding good fruit. To date the Company has amassed a substantial experience in software development and porting for mobile phones and PDA and has implemented complex low-level drivers, handheld business and leisure-and-entertainment activities applications, Poker analyzing tool, as well as exciting games such as Wireless Casino (including 7 most addictive casino games), Sea Battle for Symbian OS, Chess, and some others. Departments of the most high-end technologies - .NET and Java - grew very fast in 2005. Effective business management systems like a resort management system, a signature capture application are among their accomplishments.
QArea web development team, which joined experts in web and WAP portals, online communities and e-commerce, had implemented a whole series of interesting projects: e-shops, portals, personal sites, logos, banners, and even funny Flash-games. And when the customer says “We've been working with QArea on several design projects and we are very satisfied with the results” -- it is the best award for excellent work.
The QArea Group motto for 2006 is “Optimization, consolidation and harmonious growth”. In his report QArea CEO Max Garkavtsev stated detailed arrangements to achieve declared goals and objectives. “Our effective competitive business solutions are the main base for all our further achievements,” emphasized Max Garkavtsev closing the annual QArea meeting.
About QArea: QArea is the one of the largest offshore software development companies in Eastern Europe since 2001. Its primary focus is brought upon application development for handheld devices (j2me development, Symbian, WinCE / Windows Mobile, Palm devices) and mobile web application development. Also, QArea cultivates strong .NET and Java teams performing standalone and web-application development and testing services.

QArea Group reports the last year results. The 49% revenue growth, several dozens of successfully implemented projects for customers in the USA and Europe, 34% increase in staff.
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