Symbio Named a 2010 Global Services 100 Provider

Recognized for its Cutting-Edge Technology Competence, Mature Global Delivery Network and Demonstrated Business Excellence

BEIJING, China, SAN JOSE, Calif., USA, and TAMPERE, Finland – August 17, 2010 – Symbio, a leading innovator of outsourced product development solutions worldwide, today announced it has been recognized as a 2010 Global Services 100 Provider (GS2010). In addition, Symbio was included in the “Top Specialty Product Engineering Vendors” and “Leaders: China Offshoring” sub-categories.

The 2010 GS100 Provider list and associated sub-lists represent companies that serve global clients through advanced global delivery models, have broad portfolios of service offerings or niche leadership, and have demonstrated business excellence. Companies who participated in the survey shared exhaustive information through an online survey, and the top 100 list and names in the categories were derived using a scientific research methodology based on over 200 data points and several qualitative parameters designed by Global Services and NeoAdvisory’s practice experts.

As companies face increased competition and multifaceted challenges, such as shrinking product life-cycles, growing technical complexities, shorter release cycles and increased demand for faster time-to-market, there is a greater need for leaders to shift their focus on innovation and differentiation in order to attract and retain clients as well as enhance existing relationships.

“There is a recognition in large companies that outsourcing as a means to reduce costs has had its time; these companies are increasingly looking at service providers being able to make their operations more effective globally and even to transform key areas of their business. The GS100 companies are the ones who are delivering on these fronts and are equipped to demonstrate new forms of value in outsourcing to their clients,” says Atul Vashistha, Chairman, NeoAdvisory.

“We are honored to be selected as a 2010 GS100 provider,” said Jacob Hsu, CEO of Symbio. “Symbio’s focus on being our clients’ co-creation and outsourced product development partner helps bring cutting-edge technology products to the market. Our expertise in user experience optimization, mobile and embedded systems, Web services and enterprise software allows us to create winning technology solutions across the entire software stack. By leveraging our global delivery network in North America, Europe and Asia, we create indispensable value in today’s age of digital convergence.”

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.

About Global Services and GS100
Global Services, a media platform by CyberMedia, serves the global ITO and BPO industry through quality content, research, services, and marketing solutions. A multi-shore team spanning the U.S.A. and India drives the Global Services brand. The Global Services brand is an integrated media platform that includes the website globalservicesmedia.com, conferences, research, webinars, e-magazines, custom publishing, and various other content delivery formats. GS100 is the annual survey and analysis of the global ITO-BPO industry done by Global Services in association with NeoAdvisory. The survey recognizes service provider excellence and maturity to serve the global market. The GS100 is a benchmark in the global ITO and BPO industry because of its rigorous methodology, exhaustive coverage, and value to the services buyer community.

About NeoAdvisory
Neo Advisory is a consulting and advisory firm that enables organizational transformation by leveraging outsourcing and globalization, while ensuring that their clients become “Great Globalizers”. Through a blend of consulting and implementation, backed by a robust knowledge database and hands on experience of consultants, NeoAdvisory provides objective and actionable advice and help clients to truly leverage Globalization and Outsourcing. The company provides consulting and advisory services in globalization, sourcing, vendor management, transition management, performance management, and governance.