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Ciklum to Sponsor 2010 UK and Ireland Tech Tour

Kiev, Ukraine - February 8, 2010
Event Pairs Most Promising Emerging British and Irish Technology Companies
with Global Venture Capital Resources


Kiev, Ukraine - February 8, 2010 – Ciklum today announced it was sponsoring the 2010 UK and Ireland Tech Tour, which will be held April 27-29 in London and Dublin. The Tech Tour will pair the most promising high-growth, early- and expansion-stage technology companies with representatives from the global venture capital world for strategic advice and potential funding. The funds that will be present at the Tour represent over €10 billion worth of investment capital.
Tech Tour 2010 UK and Ireland
The Tech Tour will see companies spanning a variety of technology sectors in England, Scotland, Wales, Northern Ireland and the Republic of Ireland competing to become one of 30 participants chosen from a pool of 250 applicants. Applicants will be assessed on the uniqueness of their technology, the strength of their business model, vision, capability to execute on the business plan and the quality and track record of their management.

Henrik Bak, Ciklum VP of Sales, comments: "Most of Ciklum's 100 clients are succesful IT growth companies that often started small but have become their respective industries' technology leaders. At Ciklum we have specialized in helping IT growth companies setting up their own software development at a nearshore location, which gives advantages equivalent to in-house development, but at a significantly lower cost - something that is important for success of such ventures. We look forward to the opportunity to share the experience gathered with hundreds of succesful software growth companies over 8 years with tomorrow's winners on the UK IT scene."

Victor Basta, President of UK & Ireland Tech Tour, said: "Our sponsors play a vital role in the running of this key event, and we thank them for their participation and generosity. The Tech Tour will identify the cleverest and most resilient emerging companies in the UK and Ireland - companies that have weathered and even thrived during the downturn. It's no exaggeration to say these companies have the potential to be the global technology leaders of tomorrow."
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