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Opening of FPT Software Europe branch

 

June 4th, 2008 – Hanoi, FPT Software Joint Stock Company officially announced the opening of FPT Software Europe Ltd. in Paris, France. This is the first European office of the FPT Corporation and will be officially opened on June 13th, 2008. 

With start-up capital of US$300,000, FPT Software Europe has been established to seize business opportunities brought about by the growing waves of software outsourcing coming from Europe, the largest IT market in the world, and also to provide better services to FPT Softwarefs existing customers in the region.

Mr. Bui Quang Ngoc, Vice Chairman of the Board of Management & Vice President of FPT Corporation declared: gFPT Software Europe is the third international branch of FPT Software after Japan and Singapore. The opening of FPT Software Europe will help our company diversify its markets and provide the impetus for growth in the coming years. Furthermore, this event affirms FPT Corporationfs globalization policy.h

In 2008, FPT Software Europe will focus on FPT Softwarefs traditional markets, namely England, France and Belgium; and concentrate on human capital development and operational management. In 2009, the company plans to expand its business network to Northern European countries, e.g. Sweden, Denmark and the Netherlands. A second European branch is expected to come into existence by 2010.

According to Mr. Jerome Modolo, Director of Neopost Research and Development Center in Vietnam, a representative from Neopost Corporate – the world second largest mailing solutions provider, gEvery Corporation in the world is seeking partners with both high technical capacity and the ability to provide services to customers on site at a competitive price. The opening of FPT Software Europe plays an important role in bringing FPT Software closer to its customers and fostering an even more cooperative relationship in business and technology between the two parties. At the same time, this will serve as the physical and linguistic bridge between operations on the two continents.h

FPT Softwarefs relationships with European partners and customers

FPT Software first entered the European market in 2000 through its partner Harvey Nash. After a few years, FPT Software has developed a pool of software programmers who are fluent in foreign languages and knowledgeable in Western cultures. In particular, 2004 saw FPT Software taking a leap in this market by cooperating with IBM France and Benelux. In 2007, FPT Software signed a long term contract to become a strategic partner of the Neopost Corporation.

The European technology industry has grown rapidly in the last few years, to become the largest IT market in the world (expected value for 2008 at €156 billion from (http://www.cbi.eu/). Software outsourcing is considered one of the most important factors leading to the fast growth of the IT industry. Northern and Central European countries like Germany, England, France and the Netherlands are the largest IT markets in the region.

 

Introduction to FPT Software

 

FPT Software is the largest software company in Vietnam with approx 2500 staff at present

-                            2004: the first IT Company in the South East Asian region to be Certified CMM5.

-                           2006: Certified with CMMI 5 (the highest level of the Capability Model Maturity Integration system)

-                           2006: Certified with the International Organization for Standardization (ISO) 7799-2:2002 (2007: ISO 27001:2005)

-                           2008: Estimated revenue of FPT Software is US$ 48.5 million.

For more information, please contact:

Nguyễn Thị Thuỳ Dương

FPT Corporate Communications

Mobile: 0915308612

Email: duongntt2@fpt.com.vn

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For more information please visit www.fpt-soft.com


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