FOR IMMEDIATE RELEASE

SOFTENGI LLC JOINS U.S.-UKRAINE BUSINESS COUNCIL (USUBC) 
Global software engineering company headquartered in Kyiv, Ukraine

U.S.-Ukraine Business Council (USUBC), Wash, D.C., Monday, June 21, 2010

WASHINGTON, D.C. - Softengi LLC, a global software engineering company headquartered in Kyiv, Ukraine, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), according to the USUBC executive committee, in an announcement today on behalf of the entire USUBC membership of over 120 companies and organizations active in Ukraine.

Softengi’s primary target markets are the USA, Canada and Europe, but the company is actively engaged in business initiatives in Georgia, Kazakhstan, Azerbaijan and Ukraine. Softengi’s software engineering services go from custom software development and IT consulting to system re-engineering, business process outsourcing and computer graphics services.

With around 200 staff members on board, including certified software engineers and project managers, with implemented CMMI practices and outstanding experience in agile methodologies, and with established quality assurance practices Softengi is committed and capable of providing services of the highest quality to ensure that a client’s competitive advantage is supported in the best way possible.

ORGANIZED IN 2009 AS SPIN-OFF OF SOFTLINE JSC 
Softengi LLC was organized in 2009 as a spin-off of Softline JSC, one of early market leaders in Ukraine. Softline JSC has been a member of USUBC for four  years and has been represented on the USUBC board of directors by Yuri Sivitskiy, one of the four original founding partners in 1995.  Softengi will be represented on the USUBC board of directors by Ruslan Olkhovsky, CEO and Managing Partner and a former senior executive at Softline JSC.

Softengi quickly became a strong player on the international markets as it inherited a strong corporate culture, state-of-the art-knowledge, experience and highly qualified personnel from Softline JSC.  This gave Softengi the flexibility and dynamics of an agile company and the strength of a large corporation, having inspired and ambitious management and staff on board.  

YURI SIVITSKIY AND RUSLAN OLKHOVSKY
"I have known and worked with Yuri Sivitskiy and Ruslan Olkhovsky since 1999 and found them to be top IT professionals and two of the outstanding young businessmen in Ukraine," said Morgan Williams, Director, Government Affairs, Washington Office, SigmaBleyzer Private Equity Investment Management Group, who serves as President of USUBC. 

"Ukrainian Growth Fund III, managed by SigmaBleyzer, became a major international investor in Softline JSC in 2000.  USUBC is most pleased to have Softengi LLC as a member and look forward to working with them as they expand their work around the globe in software engineering.," Williams stated.

Additional information about Softengi LLC can be found at www.softengi.com.  European address: Softengi, LLC, 35/37, V. Stusa Str., Kyiv, Ukraine 03142, telephone in Ukraine: +380 (44) 222 6035. Contact Ruslan Olkhovsky, Managing Partner, Softengi, e-mail: Ruslan.Olkhovsky (at) softengi.com.  

USUBC MEMBERSHIP NOW 120 AND STILL GROWING
One-Hundred Twenty Members, June 2010, Membership in January of 2007 was 22. 
The complete list of USUBC members can be found at: http://www.usubc.org/members.php.

SENIOR ADVISORS TO USUBC- 2010
[1]  Anders Aslund, Senior Fellow
Peterson Institute for International Economics, Washington, D.C.
 
[2]  Ariel Cohen, Ph.D, Senior Research Fellow
Allison Center for International Studies,
Davis Institute for International Studies,
The Heritage Foundation, Washington, D.C.
 
[3]  Keith Crane, Senior Economist
Rand Corporation, Washington, D.C.

[4]  James Greene, President
Effective Engagement Strategies, LLC, Washington, D.C.
Former Head, NATO Liaison Office Ukraine

[5]  Anatoliy Kinakh, Head
League of Industrialists and Entrepreneurs of Ukraine
Member of Parliament of Ukraine, Kyiv, Ukraine

[6]  David Kramer, Senior Transatlantic Fellow
The German Marshall Fund of the United States
Washington, D.C.
 
[7]  Leonid Kozachenko, President
Ukrainian Agrarian Confederation (UAC), Kyiv, Ukraine

[8]  William Green Miller, Senior Policy Scholar
Woodrow Wilson Center,  Washington, D.C.
Former U.S. Ambassador to Ukraine

[9]  Steven Pifer, Senior Fellow
The Brookings Institution
Senior Advisor, Russia & Eurasia Program, CSIS, Washington, D.C.
Former U.S. Ambassador to Ukraine
 
[10]  Dr. Edilberto Segura, Partner, Chief Economist
SigmaBleyzer Private Equity Investment Group
Chair of the Advisory Board of The Bleyzer Foundation, Kyiv, Ukraine
 
[11]  Keith Smith, Senior Associate
Europe Program, Center for Strategic and International Studies (CSIS)
Former U.S. Ambassador to Lithuania, Washington, D.C.  

[12]  William B. Taylor, Jr., Vice President, Peace & Stability Operations
United States Institute of Peace, Washington, D.C.
Former U.S. Ambassador to Ukraine

[13]  Damon Wilson, Vice President
Atlantic Council of the United States, Washington, D.C.

[14] James Wilson, Director
EU Ukraine Business Council (EUUBC), Brussels, Belgium

USUBC EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND OFFICERS
For Year 2010 (http://www.usubc.org/excommittee.php)

[1]  Margarita Karpenko, Managing Partner
DLA Piper Ukraine LLC, Kyiv, Ukraine

[2]  Michael E. Kirst, Regional Vice President
Central/Eastern Europe and Russia
Westinghouse Electric Company, Brussels, Belgium

[3]  John R. Miller, Director,
International Business Development, Europe, Israel, Sub-Sahara
Raytheon International, Inc., Arlington, VA

[4]  Dr. Irina Paliashvili, President and Senior Counsel
RULG-Ukrainian Legal Group, P.A., Washington, D.C./Kyiv, Ukraine

[5]  Andrew A. Pidgirsky, Chairman, Board of Governors,
Ukrainian American Bar Association (UABA), Houston, TX

[6]  Samir B. Sahgal, Director, International Operations
Washington, D.C. Operations, The Boeing Company, Arlington, VA
            Treasurer, USUBC

[7] Diana Sedney
Manager, International Government Relations
Policy, Government and Public Affairs, Chevron Government Affairs
Chevron, Washington, D.C.

[8] John F. Steele, Director, International Government Affairs
Eli Lilly and Company, Washington, D.C.

[9] Vanessa Stiffler-Claus, Director, International Affairs
John Deere Public Affairs Worldwide, John Deere, Washington, D.C.

[10]  Patrick H. Sweet, President
Sweet Analysis Services, Inc. (SASI), Alexandria, VA

[11]  E. Morgan Williams, Director, Government Affairs, Washington Office
SigmaBleyzer Private Equity Investment Group, Washington, D.C.
           Chairman, Executive Committee, USUBC, President/CEO, USUBC

[12]  Van A. Yeutter, Vice President, Corporate Affairs
Cargill, Washington, D.C.

[13]  Jack I. Heller, Attorney at Law
Heller & Rosenblatt, Washington, D.C.
           Legal Counsel, USUBC