ARMADA OAO

ARMADA is a leading software developer in Russia[1], a leader in the IT services segment[2], and ranks among top150 Russian companies in terms of capitalization[3]. ARMADA generates about 70% of its revenue from software development and IT services to public customers, with one customer accounting for no more than 7% of total revenue. The company has a headcount of about 800 people. ARMADA is developing through organic growth (CAGR 29% in 2004-2010) and by taking over niche leaders congenial to the companys core business. In 2007, ARMADA held an IPO on MICEX and RTS in order to raise funds for M&A. In 2006-2011, the group has acquired PM Expert, Helios IT Solutions, Soyuzinform, and PMT. Official website: www.armadaitgroup.com [1] TOP-5 software developers in RussiaExpert RA, Kommersant, 2011 [2] TOP-10 IT developers, CNews, 2011 [3] Expert RA, Capitalization-200, 2011