Contact Information: For more media information, contact: Lisa Hendrickson LCH Communications for the Symbio Group 516-767-8390
The Symbio Group Announces New Software Park in Hangzhou, China
| Source: Symbio Group
ROCKVILLE, MD and BEIJING--(Marketwire - January 14, 2008) - The Symbio Group
(www.symbio-group.com), a leading provider of outsourced software
development, testing, globalization and support services out of China,
today announced that it has signed agreements with China's Hangzhou
Municipal Government to establish a new 120,000 square feet
state-of-the-art software park in Hangzhou -- the capital of East China's
Zhejiang Province.
The Symbio East Software Park will be the first outsourcing center in
Hangzhou and plans are to employ more than 1,500 people in its first phase
of operations. Scheduled to open in Spring 2008, the Symbio software park
in Hangzhou will house software teams responsible for business process
outsourcing (BPO), financial services software development, and research &
development.
"With the establishment of the Symbio East Software Park, we are continuing
to expand to become a global software company focused on innovation," said
Jacob Hsu, CEO of Symbio. "Symbio has one of the largest teams of software
engineers in China and our vision is to build an innovation ecosystem,
working in our
state-of-the-art technology centers in China to develop tomorrow's
technologies."
"Symbio selected Hangzhou, the Silicon Valley of China, because of its
convenient location south of Shanghai and its role as a major commercial
center for entrepreneurs," Mr. Hsu pointed out. "We will be establishing
our global Technical Support Center and BPO Solutions Practice, our global
Financial Solutions Innovation Practice, and an incubator for China market
entry services and Chinese Internet start-ups within this new facility.
This is going to be a game-changer in the China outsourcing market and will
show the world Symbio's commitment to creating solutions for global
innovators."
In addition to the Symbio East Software Park, Symbio has software
development facilities in Beijing, Shanghai, and Chengdu, China as well as
Taipei, Taiwan.
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 are among
the world's elite companies including: AOL, BMC, CA, Citigroup, EMC,
FileNet, IBM, MasterCard, Mercedes-Benz, Microsoft, Nokia, Oracle, Palm,
Sony, as well as more than 300 other leading organizations.
For further information on Symbio, please visit www.symbio-group.com, call
650-356-1981, or email marketing@symbio-group.com.