Symbio Named to IDC's Top 10 China-Based Offshore Development Vendor List for Second Year

Greater Innovation and Creative Power over Competitors, Mature Overseas Experience and Domain Expertise Key Strengths

BEIJING, China, SAN JOSE, Calif., USA, and TAMPERE, Finland – July 28, 2010– Symbio, a leading innovator of outsourced product development solutions worldwide today announced it has been named to the IDC Top 10 China-based Offshore Development vendor list for the second year in a row. Symbio’s innovation and creative power over competitors, mature overseas experience and domain expertise are key strengths.

The Top 10 list is part of IDC's “China-Based Offshore Software Development 2010–2014 Forecast and Analysis” study. This IDC study expatiates on the current status of the China-based offshore software development market as well as vendor rankings. Key findings in the report are that China-based offshore development vendors are required to have the overall capability to fulfil customers' requirements, and foreign customers prefer outsourcing companies to set up onsite branches to better help them understand the China outsourcing scale. Also noted in the report is that some offshore companies have started to revise their strategies to explore the domestic market beyond their mature experience and methodology, leveraging their successful delivery model overseas.

With over 15 years of technology and advanced software expertise, globally-integrated delivery processes, highly scalable professionals and cutting-edge R&D solution centers in Asia, Europe and North America, Symbio has been a long-term outsourced product development partner to global leaders. The company’s focus on Web applications, mobile/embedded computing, platform and infrastructure software, as well as industry-focused applications makes it different from its competitors. With its expanded services overseas in the US and Western European markets, its R&D - solution design centers in the US, Finland and Sweden for onshore delivery needs, and major development centers in Mainland China and Taiwan for offshore delivery requirements, Symbio provides a globally integrated product development network.

“Symbio is delighted to have once again been recognized by IDC as a Top 10 China-based Off-Shore Development vendor,” said Jacob Hsu, CEO of Symbio. “Symbio’s expansion both domestically and overseas and its decision to offer differentiated services has enabled it to further establish the company, and its domain experts as the trusted partner to deliver cutting edge technology to world leading companies.”

About Symbio
Symbio provides advanced software product development and user experience design services to the world’s technology leaders. Symbio specializes in feature-rich software products for companies embracing the digital convergence transformation in communications and technology. By leveraging its deep expertise in mobile, embedded, Web-based, enterprise and user experience driven technologies, Symbio enables its clients to focus on their core competencies while building mission-critical technologies and products to sustain, speed and secure the long-term success for the business. World-leading companies like China Mobile, IBM, PayPal and Nokia already rely on Symbio for faster, innovative, and highly cost-effective technology outsourcing. With global headquarters in Beijing, China, San Jose, USA, Stockholm, Sweden and Tampere, Finland, Symbio is the outsourced product development partner companies trust to deliver truly integrated global software development with local touchpoints in the client’s home market. For more information about Symbio, visit www.symbio.com.