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News Release

May 5, 2003

Auriga Welcomes Protocol of Agreement for Mutual Cooperation between New England Software Associations and RUSSOFT

AMHERST, NH — Auriga Inc., an Amherst-based IT consultancy with a well-established software engineering operation in Russia, welcomes the Protocol of Agreement for Mutual Cooperation signed by software and business associations from four New England states and Russia’s National Software Development Association RUSSOFT. The Protocol was signed at an official ceremony in Boston on April 30, 2003 and marked a step forward in fostering the growth of U.S.-Russian business cooperation in the technology industry.

The agreement to sign the Protocol was initially reached at the U.S. - Russia ICT Roundtable session which was held within the framework of the Russian-American Business Dialogue initiatives and the ICT Roundtable process in February, 2003 in San Mateo, California.

The U.S.-Russia Chamber of Commerce of New England, Inc. has contributed to this event by bringing together RUSSOFT, the leading Russian organization for software development companies, and IT and business associations of Massachusetts, Connecticut, New Hampshire, and Vermont, such as the Massachusetts Software and Internet Council, the Connecticut Technology Council, the Software Association of New Hampshire, and the Vermont Chamber of Commerce. By signing the protocol, the American and Russian organizations have further committed themselves to promoting the interests of their members in the global IT environment and to exploring the benefits of cooperation between the technology industries of New England and the Russian Federation.

“We are honored to participate in this momentous event which paves the way for U.S.-Russia mutually beneficial strategies in the technology industry,” said Alexis Sukharev, President of Auriga, Inc. and Board Member of the U.S.-Russia Chamber of Commerce of New England. “Our company has been an advocate of fostering the U.S.-Russia business dialogue in information technology, particularly in the area of software development, which opens new opportunities for mutually advantageous cooperation between Russian and American companies. We express our support for the Protocol which will encourage business partnerships between industry associations and companies in the information technology industry in Russia and in New England.”

The Protocol has become a part of the ongoing U.S. - Russia ICT Roundtable process. Held under the umbrella of the Russian-American Business Dialogue, this effort is designed to review, support and identify practical steps to implement improved American and Russian investment and market opportunities in the information and communication technology sectors. The creation of this business-to-business mechanism was announced by U.S. President George W. Bush and Russian President Vladimir Putin in May 2002. It is led by two American and two Russian umbrella trade associations: the U.S.-Russia Business Council, the American Chamber of Commerce in Russia, the Union of Industrialists and Entrepreneurs, and the Russian-American Business Council.

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

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