Itransition Named to 2007 Software Magazine`s 25th Annual Software 500

Released on: October 16, 2007, 8:46 am

Press Release Author: Ludmila Kurbatskaya

Industry: Software

Press Release Summary: Minsk, Belarus, Oct. 10, 2007 - Itransition Software today
announced its inclusion on the Software Magazine's Software 500 ranking of the
world's largest software and service providers, now in its 25th year.


Press Release Body: Minsk, Belarus, Oct. 10, 2007 - Itransition Software today
announced its inclusion on the Software Magazine's Software 500 ranking of the
world's largest software and service providers, now in its 25th year.

The Software 500 is an annual revenue-based ranking of largest software and service
providers in the world targeting medium to big businesses, their IT professionals,
software developers and business managers involved in software and services
purchasing. Itransition Software is the only European company in the list delivering
business application development services.

"The Software 500 is the shortlist of business partners for CIOs, senior IT managers
and IT staff research," says John P. Desmond, editor of Software Magazine and
Softwaremag.com. "It is a reference of vendor viability. That is content of value."

"The Software 500 ranking starts out based on revenue, from software license sales
and from services. We also ask each responding company to cite its primary software
business sector. We have 38 categories now," Desmond says.

There are more than 98 new companies on the list this year, with Itransition
Software one of them. This year's top industries, in which work world's leading
companies, including Itransition, are System Integration Services/IT Consulting,
Application Development, Financial Applications and Security Tools/Systems.

"It is maturity of management and production processes, high quality standards,
multilanguage personnel skills, as well as deep understanding of the company vision
by employees, that let us provide excellent services both for the European, US and
Canadian markets and be eventually listed in the Software 500," comments Sergey
Gvardeitsev, CEO of Itransition Software, on the award.

Go to www.myswmag.com to subscribe to digital Software Magazine and be among the
first to see the 2007 Software 500. It is being released first in the digital
publication. The online Software 500 on Softwaremag.com, to be posted at a later
date, is searchable by primary business sector.

The ranking is based on total worldwide software and services revenue for 2006. This
includes revenues from software licenses, maintenance and support, training and
software-related services and consulting. Suppliers are not ranked on their total
corporate revenue, since many have other lines of business, such as hardware. The
financial information was gathered by a survey prepared by King Content Co. and
posted at www.Softwaremag.com, as well as from public documents.

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in
the high-tech industry for nearly 30 years. Softwaremag.com, its Web counterpart, is
the online catalog to enterprise software and the home of the Software 500 ranking
of the world's largest software and services companies, now in its 25th year.
Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About King Content Co. and the Software Marketing Perspectives Conference & Expo

King Content Co., owner of Software Magazine, is holding a one-day Software
Marketing Perspectives Seminar & Expo at the Hyatt Regency Austin on Town Lake, on
Oct. 23, 2007. To register, go to www.smpevent.com. The event offers a spin-free
zone where VPs and directors of technology product management, primarily from the
software industry, can share experiences and network with each other.

The fourth annual Software Marketing Perspectives Conference & Expo will be held at
the Santa Clara Convention Center, Santa Clara, Calif., from May 7-9, 2008. Watch
the event Web site for program information.

Software 500 Contact:
Tracy Kunichika
Software 500 Project Leader
Tracyk@softwaremag.com

Itransition Software is an international software development company featured in
Global Outsourcing 100 edition and CIO 100 awards lists with development centers in
Eastern Europe. With the pool of more than 500 software developers in staff,
Itransition specializes in enterprise level standalone and web application
development for medium and large enterprises. As a one-stop company Itransition
provides a full spectrum of services, from design, development, implementation and
testing to ongoing support and consulting. Other business areas of Itransition are
business process and content management, e-business and e-learning, ERP and
financial applications, legacy system integration services and security systems, IT
consulting. www.itransition.com


Web Site: http://www.itransition.com/

Contact Details: 2, Melnicayte st.220004,
Minsk, Republic of Belarus
Phone/Fax: +375 (17) 222 6108
promo@itransition.com

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