Update - Symbio Named Top 10 China Offshore Development Software Vendor for Europe and North America by Major Analyst Firm

ROCKVILLE, MD and BEIJING--(Marketwire - June 24, 2008) - The Symbio Group (www.symbio-group.com) today announced that it was named a top 10 China Offshore Development Software Vendor for Europe and North America by IDC. The ranking, based on 2007 revenues, appears in IDC's China Offshore Software Development 2008-2012 Forecast and Analysis (IDC #CN221101Q) published in May.

"We are honored to be selected as a top 10 software development outsourcing company by IDC as further evidence of our leadership," said Jacob Hsu, CEO of the Symbio Group. "We have an unmatched track record of working with U.S. and European clients, enabling them to accelerate product deployment by leveraging Chinese offshore resources and our globally integrated project delivery / support model."

In addition, the National Software and Integrated Circuit Public Services Platform of Ministry of Information Industry of China (CSIP) selected Symbio as a ChinaSourcing Top 20 ITO company. A national honor, the ChinaSourcing Top 20 ITO company selection, is organized by CSIP under the leadership of Ministry of Information Industry. Companies are selected based on their delivery capability, client satisfaction rating, scale as well as revenue from Information Technology Outsourcing services.

Symbio's customers include many global companies, such as AOL, BMC, CA, IBM, Microsoft and more than 300 other elite organizations. It manages more dedicated offshore centers for U.S. software companies than any other outsourcing company in China.

About Symbio

Symbio leverages China outsourcing teams to help companies become global leaders. It helps organizations accelerate their software development and testing cycles by optimal application of its global resources and delivery models. Symbio also localizes and supports technology products for any language or locale. Founded in 1994 by a group of engineers from IBM's international research and development labs in Asia, Symbio now functions as a cost-effective and highly efficient extension of an organization's development, testing and globalization teams. Symbio's clients include AOL, BMC, CA, Citigroup, EMC, FileNet, BIM and more. For further information on Symbio, visit www.symbio-group.com or call 408-694-9601.

Contact Information: For more media information, contact: Lisa Hendrickson LCH Communications for the Symbio Group 516-767-8390