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News Release

May 19, 2003

Auriga Strengthens Management Team with New Director of Business Development, CIS and Europe

AMHERST, NH - Auriga, Inc., an Amherst-based IT consultancy with a well-established software engineering operation in Russia, has appointed Alexey Rybakov as Director of Business Development, CIS and Europe. In his new position, Alexey is responsible for developing and implementing marketing initiatives specific to the regions of CIS and Europe.

"As a member of our executive management team, Alexey Rybakov will play a significant role in driving CIS and European partnerships for Auriga which will be key to the company's success," said Alexis Sukharev, President of Auriga, Inc. "We are convinced that Alexey’s impressive background in industry, his insight and innovative efforts will enable him to develop new and expand upon our strong existing relationships with some of the well-known companies in the industry."

Alexey contributes his extensive management experience and 7 years in the information technology industry to the position. His expertise spans across several fields including project and client relationship management, marketing and sales management in the areas of software projects and consulting services, as well as hands-on software engineering experience in business and system analyses, system architecture design, and enterprise applications.

Prior to joining Auriga, Alexey worked for a number of IT companies where he was responsible for customer relationships, project management, software development, and technology consulting. Alexey holds a Master’s Degree in Applied Mathematics from Russian State University of Oil and Gas.

"Major customers have placed their confidence in the Auriga solution, making Auriga a leading provider of offshore software development services,” said Alexey Rybakov. "I'm extremely excited about joining the team at Auriga and I look forward to developing key strategic partnerships that will assist in fueling the company's future success."

Julia Rovinskaya,
+ 7 (495) 975-7400 # 231

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