CMP Media's Managing Offshore and neoIT Team with CyberMedia's Global Outsourcing to Issue Call for Entries for Offshore 100 Awards Program

Coveted Award Recognizes 'Best in Class' Global Service Providers

PRNewswire-FirstCall
MANHASSET, N.Y., and SAN RAMON, Calif.
Oct 6, 2005

CMP Media's Managing Offshore, a monthly newsletter that covers the discipline of managing offshore operations, and neoIT, a consulting firm that specializes in governance for offshore IT and BPO engagements, today announced the second annual Offshore 100 Awards program, a forum for recognizing excellence among global service providers. The awards program provides buyers of IT and business process services valuable insights and sets benchmarks for evaluating and selecting competent global service providers.

This year's awards program introduces a third sponsoring partner -- CyberMedia's Global Outsourcing, an India-based monthly magazine. A joint venture between CMP and CyberMedia, announced last month, will create an industry-leading outsourcing media platform that includes a magazine, events, research, a website and newsletters among other initiatives. The magazine will debut in January 2006 with articles spotlighting the Offshore 100 winners and will be followed by an event, which will include in-depth customer content developed in conjunction with neoIT, and will conclude with an Offshore 100 Awards ceremony in New York City in February.

The Offshore 100 awards recognize ITO and BPO providers for leadership, innovation and outstanding performance with 10 different categories. The awards program is open to all global providers that offer ITO, BPO and customer care services. The online entry form is available at http://www.theoffshore100.com/ and the application deadline is October 17. A report on the data will be available in the January issue of the new CMP-CyberMedia LLC publication.

Positive feedback from both IT and BPO services buyers and providers to last year's Offshore 100 listing speaks to the value of this awards program. "Participation in the Offshore 100 increased the brand awareness of Affiliated Computer Services as a global player in IT and BPO services -- competing on par with the top Indian offshore providers and multinational IT service players," said Rebecca Scholl, Director of Market Strategy, ACS, Paris.

"The recognition provided through the Offshore 100 study enhanced WNS' reputation in the offshore marketplace. It is clear from our business development activities that buyers of offshore services use this study to support their offshoring pursuits," commented Bill Schrank, Vice President Sales, WNS, Chicago.

"Being recognized as Number 1 of 'Top 5 to Watch in Central & Eastern Europe' on the Offshore 100 has been a great and invaluable honor for EPAM Systems. It has reinforced the loyalty and trust of our clients and employees, generated visibility, new business leads and increased hiring opportunities," added Arkadiy Dobkin, CEO, EPAM, Moscow.

"We learned a lot about the market, our competitors and ourselves. Being ranked as the 'Top Company to Watch in China,' has established the credibility of Bleum as a top quality offshore software outsourcing provider in China and has driven significant sales inquiries," said Eric Rongley, CEO, Bleum Inc., Shanghai.

For additional information on the awards, contact Juliana Gidwani of neoIT at jlgidwani@neoIT.com. For more information on the content of the magazine or event, contact Rusty Weston at rweston@cmp.com. For marketing or sales information for the event or magazine, contact Hoshie Ghaswalla of CMP-CyberMedia LLC at hoshieg@cybermedia.co.in.

About Managing Offshore and Global Outsourcing

In September 2005, CMP and CyberMedia Pvt. Ltd. announced the formation of a new joint venture to build an industry leading outsourcing media platform. The joint venture combines CMP Media's Managing Offshore (http://www.managingoffshore.com/) a monthly newsletter for global-sourcing managers, with CyberMedia's Global Outsourcing magazine, a monthly magazine that is the leading resource for the service provider community. The joint venture will launch a new magazine, website, research and events that are the leading information source in the expanding field of global business and technology services.

About CMP Media

CMP Media (http://www.cmp.com/) is the leading integrated media solutions company providing "broad and deep" access to the entire technology spectrum -- the builders, sellers and buyers of technology worldwide. The company's comprehensive database of technology decision makers enables marketers to reach targeted audiences throughout the purchase process with publications, web offerings, face-to-face events, consulting and other marketing services that deliver actionable results.

About neoIT

neoIT is the leading offshore advisory and management firm. neoIT focuses exclusively on assisting companies in maximizing their returns from the offshore sourcing of both information technology and business processes on either a project or enterprise wide basis. neoIT solutions deliver results in the form of cost savings, improved governance, reductions in sourcing process time and decreased risks with offshore supplier partnerships or own operations. neoIT's clients for offshore advisory and management include leading Global 5000 firms in financial services, insurance, healthcare, telecommunications, utilities, oil and gas, consumer goods, logistics, retail, entertainment, manufacturing and other industry sectors. For more information, visit http://www.neoit.com/.

   Contact:
   Alix Raine
   SVP Communications
   CMP Media
   516-562-7827
   araine@cmp.com

SOURCE: CMP Media LLC

CONTACT: Alix Raine, SVP Communications, CMP Media, +1-516-562-7827,
araine@cmp.com

Web site: http://www.cmp.com/
http://www.theoffshore100.com/
http://www.managingoffshore.com/
http://www.neoit.com/

Company News On-Call: http://www.prnewswire.com/comp/181993.html