Compudava Joins the Endava Fold and Becomes Endava Moldova Submitted By: Media Reach Ltd Thursday, 5 October 2006

Compudava Joins the Endava Fold and Becomes Endava Moldova Submitted by: Media Reach Ltd Thursday, 5 October 2006

Endava, the focused IT services business that provides IT consulting, software, sourcing and support solutions using the very best of West and East European talent, today announced that Compudava, the leading IT consulting company based in Moldova, has joined the Endava brand and become Endava Moldova. This move further outlines Endava’s commitment and investment into Eastern Europe, following the acquisition of Alfa Global Solutions. Having a cultural and geographical proximity to Western Europe and boasting a wealth of technically trained talent, Compudava was well positioned to offer the Endava brand near-shore software development services to regional and overseas companies and corporations at reduced cost while maintaining high levels of quality. Compudava historically brought together a team of IT professionals with in-depth knowledge and experience in the software development business, ready to turn customer's software problems into fully designed, implemented, tested, and delivered solutions. Being located at the crossroads of various cultures, the company's staff has great abilities in Western and Eastern European languages, which will enable Endava Moldova to serve customers from a wide range of countries in Europe and beyond. Mike Popa, Managing Director, Central and Eastern Europe, Endava, commented, “The addition of Compudava into the Endava brand is as significant as it is logical. Endava Moldova (formerly known as Compudava) was the origin of Brains Direct Operations in Eastern Europe, the place where the future Endava group expanded into Eastern Europe. Endava Moldova – already the largest IT services companies in Moldova – will benefit from additional investments of the group which shows our ongoing commitment to invest in the area and to keep on investing, to ensure we deliver our customers a state-of-the-art, cost-effective, personalised service. The calibre of talent and individual expertise is unrivalled, and we expect Endava Moldova to grow to 200 plus employees by the end of 2006, and have plans to further extend capabilities into 2007.” About Endava Following the merger between Brains Direct, a leading supplier of Eastern European offshore software development and IT services, and Concise Group, a City-based IT consulting and services organisation, Endava was established in 2006 to create a focused IT services business to provide the highest quality IT consulting, software, sourcing and support solutions using the very best West and East European talent. Endava is aiming to be a leading provider of IT talent from Emerging Europe; bringing sustainable transformation to the locations where they work, delivering domain-focused technology consulting, systems implementation and managed service solutions predominantly to the Financial, Technology, Media and Telecom sectors. Endava provides expert domain knowledge and implementation experience in IT architecture, integration, IT security, and infrastructure managed services, with a highly skilled and cost effective software development capability from Eastern Europe, delivered via our blended sourcing approach. Endava has delivery centres in Chisinau, Moldova; Bucharest and Cluj, Romania; London, Woking and Oxford, England;

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