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Enabling Technology, Software Development
Profile:
Strategic Advisor for Software & IT
Services Firm to Develop European Market
The New York-based Company
provides software developers based in China at a quarter of the cost of their
Western counterparts. Its growth strategy encourages close partnerships with
software developers and IT services firms, where software is a critical
component of their offering.
The Company, whose services
include e-marketing, project management, outsourcing and design, has developed
an integrated business model that combines technical, project and relationship
management teams in the West combined with development teams located in China in
Taiwan. The Company is able to work with clients using best-practice work flow
and methodologies to significantly reduce costs related to programming and
expand profit margins.
The Company has already
partnered with clients such as Revlon, e-garden.co.uk and Almay.com, and is
looking to actively expand its business by both increasing business with
existing clients and developing new client bases.
Ariadne Capital is helping the
Company grow in the European market by identifying appropriate partners as the
Company itself underwent a reverse takeover onto a Bulletin Board listing ahead
of a full listing on the NASDAQ stock market. Ariadne Capital leveraged its
extensive network to arrange introductions with like-minded companies that
complement the Company’s business.
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