IPsoft Expands European Operations with Amsterdam Office

IPsoft, a next-generation Managed Services Provider (MSP), today
announced key milestones in the expansion of its European operations.
IPsoft hosted an open house on the evening of Wednesday, October 10th
with customers and partners to mark the opening of its Amsterdam
office. Located in the prestigious Rembrandt Tower, the Amsterdam
office will be led by industry veteran Rein Ledeboer, who will serve
as Director of IPsoft Nederland B.V. Additionally, the Amsterdam
facility will house a new Network Operating Center (NOC) to support
IPsoft's managed IT services customers in Europe and around the world.

IPsoft offers its clients a compelling alternative to traditional
IT management outsourcing. IPsoft's innovative, automation-based
service management practice transforms the experience of clients
managing the burden of complex IT operations. A pioneer of managed
technology services, IPsoft is dedicated to sharing the transformative
power of its unique technology and talented team to optimize the core
competencies of client business worldwide. The Amsterdam office poises
IPsoft to further support its existing multinational managed IT
services customers as well as to attract new customers in the
burgeoning European marketplace.

"This is an exciting time to join IPsoft," said Rein Ledeboer,
Director of IPsoft Nederland. "The company is leading the way for the
managed services category through visionary leadership, world-class
engineering, and committed partnerships. IPsoft's accelerating
customer momentum is a reflection of its sound strategy and how well
its services align with enterprise business goals. I welcome the
opportunity to lead the company's success in Europe." Ledeboer most
recently served as Director of Sales at Addad. He has previously held
executive positions with Getronics PinkRoccade and KPN Telecom.

IPsoft managed services elevates operational efficiency to a new
performance level that can only be achieved through the benefits of
autonomic computing. Unlike traditional Managed Service Providers,
IPsoft leverages end-to-end advanced automation technology to provide
guaranteed availability for its customer systems, which would
otherwise need to be managed manually. IPsoft employs only
experienced, acknowledged experts - the industry's best business minds
and technologists - who continuously develop, refine and "teach" the
autonomic agents (also known as automata) that monitor customer
environments and repair detected problems.

"The opening of our Netherlands office is an important milestone
for the company," said Chetan Dube, President and CEO, IPsoft.
"Establishing a stronger European presence shows our long-term
commitment to our EU customers. EU today is the world's largest market
and boasts the largest volume of world trade. The combined GDP of EU
member states surpasses that of any other single nation. The European
Union is keen to adapt autonomic technologies, which can give it
competitive differentiation in a rapidly evolving global marketplace.
IPsoft is committed to providing its EU customers with advanced
automation engineering to affect significantly better business
outcomes. Our Netherlands office is an important step in this
direction".

About IPsoft

IPsoft reduces the cost and burden of IT operations with
guaranteed results and low risk. A next-generation managed service
provider (MSP), IPsoft transforms business operations by uniting
cost-effective IT service with its unique technology and written
assurances. Autonomic computing is the cornerstone of the IPsoft
technological advantage - driving a profound wedge between what is
merely automated and what is truly autonomic. Fortune 1000 companies
spanning numerous industries worldwide rely on IPsoft for their IT
management operations, including hardware, networking, application
development, database management, and security.

Headquartered in New York City, IPsoft employs 450 people
worldwide. IPsoft manages client infrastructure through a global
network of offices and operations centers in the United States, the
United Kingdom, Europe and Asia.

For more information please visit www.ipsoft.com or call (888)
IPSOFT8.