Santa Clara, California, September 12, 2007 - SperaSoft, the Silicon Valley outsourcing specialist providing high-value, project-dedicated development teams based in Russia, today announced it has opened a new outsourcing development center in Volgograd, Russia. The development center will leverage the U.S. management team's existing relationships in the region, including the Volgograd State Technical University, to recruit new team members for offshore development projects.

The Volgograd Development Center is SperaSoft's second software outsourcing center in Russia. The first is in St. Petersburg, where the company has a close relationship with the St. Petersburg Institute of Fine Mechanics and Optics. The new facility in Volgograd will leverage Russia's growing pool of software developers highly-qualified to serve a global outsourcing market that has all but exhausted available talent in many global regions. Recent growth by SperaSoft and the U.S. management team's familiarity with Volgograd area resources, including regional technical training institutions, also led to the company's decision to expand there.

"Having a good relationship with another CIS regional technology university will be a great bonus for our clients," said Alexei Kudriashov, CEO of SperaSoft, who grew up in the Volgograd area. "This is my hometown so I was delighted at this opportunity to expand our operations there. My team and I know the area and our contacts will help us to recruit from among the best technical graduates and alumni for our North American and European projects."

For additional information about SperaSoft and the company's high-end IT outsourcing solutions and services, visit http://www.sperasoft.com.

About SperaSoft
SperaSoft, Inc. is a high-value U.S. outsourcing specialist headquartered in the heart of the Silicon Valley, with multiple development centers based in Russia and Eastern Europe. Founded in 2004, the company's U.S.-based senior management team recruits and directs stable, highly qualified, client-specific technical teams that provide the continuity clients need and depend on for the life of their projects. Management's long experience at such leading U.S. technology companies as Sun Microsystems and Electronic Arts, gives them a keen understanding of U.S. business practices, data security needs and compliance requirements. By combining experienced U.S. management with stable offshore technical teams, SperaSoft delivers high-value software and professional services that leverage the unmatched technology educations gained in Russia's advanced teaching institutions. For more information about SperaSoft products and services, visit http://www.sperasoft.com or call +1-408-715-6615.