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Speaker and Company Background Information for "Software Development in Russia--Opportunity for U.S. Business"

Conference Speakers

(Descriptions as provided by each speaker or company)

Dr. Jan Dauman, Director, Central European Trust/InterMatrix (London and Moscow)

Dr. Dauman founded InterMatrix Group in 1973 and InterMatrix Russia in 1991. InterMatrix is an international consulting and business development firm, with offices and associates in Europe, North America and Asia, specializing in business strategy, globalization, market entry, government relations, strategic alliances, corporate governance and venture development, including innovative finance. A major focus has been on globalization of high-tech industries, including R & D, and Dr. Dauman has been involved in setting up science parks and research centers in Asia and Europe. To date, Dr Dauman has managed completed projects representing over $250 million of inward investment to Russia. He is currently working on investment advisory assignments involving the raising of over $1 billion of capital, mainly in the telecommunications sector.

Earlier this year, Dr Dauman merged InterMatrix' operations in Russia/CIS and Central East Europe ("CEE") into Central Europe Trust (CET) and joined the board of CET. Formed in 1989 and headquartered in London, CET is the largest investment advisory firm dedicated to the CEE/CIS region and has over 80 staff in offices in Moscow, Warsaw, Prague, Budapest, Bucharest and Kiev. The merged CET-InterMatrix operation in Russia now employs 15 full-time staff plus over 30 associates in Moscow and Russia's regions, working with both Western and Russian companies on all aspects of their business development and financing.

Current projects include leveraging Russian scientific and software capabilities to create research centers in Russia for Western multinationals and to find investment for Russian software outsourcing companies. Telecommunications/IT/Internet clients include AT&T, BT, Cable & Wireless, Hutchinson Telecommunications, Cisco Systems, Sun Microsystems, Intel, IBM, Microsoft, Hewlett Packard, SBC Communications, GTS, Broadnet, US West, Vodafone, Romantis, TransTelecom, Port.ru, KPN Netherlands, Hungarian Telecommunications Company, Czech Ministry of Telecommunications, Polish Ministry of Telecommunications, Prague Electricity Company and Czech Gas Transmission Company.

Brian Phelps, President and Chief Executive Officer, Vested Development, Inc. (Boston and Moscow)

Brian established the US organization, opened offices in Boston and Silicon Valley and remains a key driver for Vested Development, Inc. With 10 years of software development management experience, Brian has real world knowledge of the development process, having worked for both large and small software development companies. Brian is responsible for VDI's first round of VC funding and for fostering relationships with industry partners including Sun, Oracle and Silicon Valley Bank. As a member of the W3C interest groups for XML, XLL and XSL, Brian maintains a close technical watch on industry progress. In prior positions, Brian was responsible for development teams of up to 60 people in 3 locations and was a member of the management team at PC DOCS, Inc. that set a NASDAQ record by rising from $0.52 to $24.00 in 14 months.

Vested Development, Inc. (VDI) is a provider of leading edge software development services that transform ideas into products. By providing a cost-effective way to extend a software organization's internal R&D staff, VDI helps software companies overcome staffing and resource challenges. VDI's global software development teams have an impressive track record for developing software applications that meet the critical needs of Software 500 companies. VDI has extensive knowledge of distributed and Web-based application development environments and its software development center in Moscow has received ISO 9001 certification. Headquartered in Woburn, MA, VDI has offices in Dublin, Ireland; Moscow, Russia; and San Jose, CA. For more information visit the company's Web site at http://www.vestedev.com.

Ron Lewin, Managing Director Terralink and Chair of the IT Committee of the American Chamber of Commerce in Russia. (Moscow)

Dr. Aleksei Sukharev, President, Auriga Inc.

Aleksei Sukharev was Professor of Operations Research and Computer Science at Moscow State University from 1971 - 1991. He is author of 9 books and over 100 papers on Computational Complexity, Optimization and Operations Research. In 1990, he co-founded INFORT Company in Russia. In 1993, he founded Auriga in the U.S.

Auriga, Inc. is an IT consulting and software development U.S. company with a Russian affiliate called Auriga Software Development Center (Auriga SDC). The Russian company was founded by Moscow State University and few computer professionals in December 1990 as INFORT and changed its name to Auriga SDC in 1999. Auriga, Inc. was incorporated in January 1993 and is headquartered in Amherst, NH with a branch office in San Jose, CA. Auriga specializes in offshore software development and IT contract staffing. The total number of employees is currently over 100 in Moscow (offshore software development) and 60 in the U.S. (mostly IT staffing).

Mark Stein, Esq., McDermott, Will & Emery. (Boston and Moscow)

Mark B. Stein is a partner in the Corporate Department in McDermott, Will & Emery's Boston office, where he is a member of the firm's International Practice Group. He concentrates his practice in securities, mergers and acquisitions and other cross-border transactions.

Mr. Stein represents a Boston-based software company with back offices in St. Petersburg, Moscow and Minsk. He has also prepared acquisition agreements, legal opinions and due diligence processes for cross-border transactions in Russia, Belarus, Lithuania and the Ukraine.

Mr. Stein has advised a European issuer in connection with a U.S. offering and a foreign institutional investor in private equity funds. He has written on such topics as countertrade opportunities in Russia and licensing requirements for Russian intellectual property, and has spoken frequently on doing business in Russia.

Before joining McDermott, Will & Emery, Mr. Stein was deputy executive director and later, executive director (acting) of the Massachusetts Office of International Trade and Investment. He has also served as a legislative assistant to a United States senator from New Hampshire and as a foreign service officer with the U.S. Department of State in the Bureau for Near East and South Asian Affairs and at the U.S. Embassy in Ankara, Turkey. Mr. Stein is fluent in Turkish and has a working knowledge of French and Russian.

Mr. Stein earned his undergraduate degree, magna cum laude, in Russian/Soviet studies, from Dartmouth College in 1984. He received his law degree, magna cum laude, from Harvard Law School, where he was a member of the Harvard Law Review, in 1992.

Arthur George, Esq., Baker & McKenzie. (Chicago and CIS)

Arthur L. George is a Partner in the Chicago office of Baker & McKenzie. He represents clients in the establishment and operation of joint ventures, in making cross-border acquisitions, and in the various facets of international trade and the establishment of operations abroad, including distribution arrangements, contract manufacturing, licensing, agency and representation agreements, and foreign branch and representative offices. He has a geographical specialty in doing business in Russia and the other countries of the former Soviet Union and Eastern Europe, and was stationed for over 8 years in the Firm's offices in Moscow and St. Petersburg, which he founded.

While stationed in Russia and thereafter, he has represented numerous software companies in connection with the programming, translation, licensing, registration and protection of their software in Russia. He also advises clients on international trade regulations and corporate compliance issues, in particular the U.S. Foreign Corrupt Practices Act, the OECD Convention and foreign anti-corruption legislation. In Chicago he heads the office's Europe and Middle East Practice Group and the Firm's CIS practice in the United States. Mr. George is the author of numerous books and articles on the legal aspects of doing business in the former Soviet Union and other international law topics, and is a frequent speaker at seminars and conferences. In Chicago he is Chairman of the Chicago-Moscow Sister Cities Committee.

Mr. George received his B.A. degree (summa cum laude) in History and Russian in 1979 from the University of Colorado, and studied abroad in England and the USSR while a student. He received his J.D. (with honors) in 1983 from George Washington University Law School, where he was Editor-in-Chief of the George Washington Journal of International Law and Economics.

Randall Beatty, Deputy Executive Director, International Science & Technology Center, (Moscow).

Mr. Beatty is the United States Deputy Director for the International Science and Technology Center headquartered in Moscow, Russia. He was previously the Chairman of the Inter-Laboratory Board (ILAB) and Program Manager for the New Independent States Industrial Partnering Program (NIS IPP). Before joining MMES, Mr. Beatty was Vice President of Science Applications International Corporation (SAIC).

The ISTC is a multilateral nonproliferation organization with its headquarters in Moscow, Russian Federation. It was founded in 1992 by the United States of America, the European Union, Japan, and the Russian Federation by intergovernmental agreement. Its mission is to provide weapons experts in the CIS the opportunity to redirect their talents to peaceful activities and to integrate CIS scientists into the global scientific community. Its activities are coordinated from the US "Party" (Member State) by the Office of Proliferation Threat Reduction of the Department of State.

Since beginning operation in March 1994, the ISTC has funded over 1156 peaceful scientific projects valued in excess of $300 Million, engaging over 30,000 scientists and engineers at nearly 420 institutes in the CIS. The ISTC projects cover a broad range of science and technology areas, many of which address problems of global importance.

In 1997 the ISTC established the Partner Program in order to strengthen the achievements of the ISTC objectives and to ensure a sustainable future for the CIS scientists on peaceful purposes. The ISTC Partner Program provides opportunities for private industry, scientific institutions, and other governmental and non-governmental organizations to fund research at CIS institutions via the ISTC.

Dr. Vladimir Yevgenyevich Fortov, Vice-President, Russian Academy of Science, (Moscow)

Graduated from the Moscow Technical Physics Institute in 1968. After graduation, he developed a distinguished career in various research institutes of the Soviet Union. From August 1996 until March 1997, he served as the Deputy Chair and Chair of the Russian State Government Committee on Science and Technology. From March 1997 to April 1998, he was the Minister of Science and Technology of the Russian Federation. He is currently Chair of the Council of the Russian Academy of Science on "High-Efficiency Computer Systems and their Application."

Esther Dyson, Chairman, EDventure Holdings Inc.

Esther Dyson has devoted her life to discovering the inevitable and promoting the possible. As an investor/commentator, she focuses on emerging technologies (the Internet, wireless applications, artificial intelligence, exception-handling), emerging markets (Eastern Europe) and emerging companies (including Russia's ParaGraph, sold to Silicon Graphics).

She works actively with many of her portfolio companies, and sits on the boards of (among others): Aristotle (San Francisco), Audumbla (Stockholm), Brunswick Direct (Stockholm), CV-Online (Tallinn, Estonia), Cybiko (Moscow), Graphisoft (Budapest), DPI/Printhouse (Moscow), GreaterTalent.com (New York), IBS Group/Luxoft (Moscow), Living Systems (Donaueschingen, Germany), Manugistics (Rockville, MD, US), New World Publishing (Warsaw), NewspaperDirect (Vancouver), Rambler (Moscow), Scala Business Solutions (Amsterdam), Sourceree (London), TerraLink (Moscow), TrustWorks (Amsterdam), and WPP Group and wpp.com (London).

In 1994, she was one of the first to explore the impact of the Net on intellectual property (among other things, why Bill Gates now plans to offer software as an online service). In 1997, she wrote a book on the impact of the Net on individuals' lives, "Release 2.0: A design for living in the digital age."

Dyson is the chairman of EDventure Holdings, which publishes the influential monthly computer-industry newsletter Release 1.0 and sponsors two of the industry's premier conferences, PC Forum in the US and EDventure's High-Tech Forum in Europe.

In addition, she donates time and money as a trustee to emerging organizations (the Santa Fe Institute, the Eurasia Foundation and Bridges.org). And finally, as founding chairman until November 2000, she led ICANN, the Internet Corporation for Assigned Names and Numbers, the new international agency charged with setting policy for the Internet's core infrastructure (technical standards and the Domain Name System) independent of government control.

Jeff Flanagan, Director of Business Development and Marketing, Luxoft (Moscow).

LUXOFT has gained a leadership role in the Russian software development market and is developing more attention in the international markets. With the main Software Engineering Center located in Moscow, the company is opening local support offices in Europe and the USA. Currently employing over 200 IT-professionals, LUXOFT is aggressively developing business activities abroad. LUXOFT Software Engineering organization complies with ISO 9001 requirements. We are currently preparing for CMM Level 4 Certification; one of the highest international industry standards.

LUXOFT provides its clients with effective responses to their offshore software development challenges based either on state-of-the-art technologies or based on existing legacy systems. Our innovative and cost-effective solutions set a true benchmark in customized software development, application maintenance and engineering, data conversion, legacy systems support, and mainframe solutions. Our lists of clients are among world industry leaders in Manufacturing, Distribution, Financial Services, Insurance, Petrochemicals, Telecommunications, Pharmaceuticals, Information Technology and Aerospace. The growth we are experiencing is a clear indication that we are meeting and exceeding the goals and objectives of our clients.

Our expertise is based on the ability to apply the modern IT adequately to provide solution for any tasks put forward by the client. LUXOFT technology expertise falls into three basic directions: data processing technologies, Internet technologies and mainframe technologies. On each of those, LUXOFT professionals have extensive knowledge of programming languages, application modeling and development tools, as well as ready-to-use software packages. These skills are based on fundamental knowledge of theory as regards to object modeling and design, functional and ER-modeling etc. Along with technology expertise, LUXOFT projects are supported with Rational Unified Process (RUP) tools.

Alexander Kozlenko, Vice President of Marketing, Actis Software (Moscow)

Actis Systems is Russia's/FSU's leading eBusiness solutions provider, holding roughly a 25% share of Russia's, 70% of Kazakhstan's, and 75% of Ukraine's web development services markets. The company provides clients with a full value chain of eBusiness services, encompassing: (1) strategy development, business modeling and venture management; (2) web building/development and eBusiness integration; (3) design and interactive marketing; and (4) internet managed services. Each business unit is led by and composed of top professionals in their fields, who together provide complete solutions to a client's internet business needs. The company holds the status of Microsoft Certified Solution Provider, Oracle Partner, and Intel eBusiness Solution Provider.

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