Exist Sees Expansion Opportunities in Current Economic Conditions

Exist Sees Expansion Opportunities in Current Economic Conditions

Exist Sees Expansion Opportunities in Current Economic Conditions 150 150 Exist Software Labs Inc.

Open Source expert expands its offerings to include high demand technology service lines

Pasig City, Philippines, October 3, 2008. Exist, the leading innovation partner for some of the world’s most successful business, including a number of Fortune 500 companies, has announced today developments to their executive board as well as the expansion to major emerging technologies including Ruby on Rails, Build and Test Automation and rich user interface for web applications and gaming.
Companies who have built recession-ready business plans thrive during these trying times. From Exist’s 7-year experience, we have learned that this is the best time for companies like us to expand their business,” says Winston Damarillo, Chief Executive Officer for Exist.
Part of this expansion, Damarillo has announced the election by the Exist board of Martin Lichauco as Executive Director. “Martin’s strengths are consistent to the board’s objectives for more strategic partnerships and acquisitions.” Lichauco brings to the now four-man board a wealth of investment management, merger, acquisitions and corporate development experience.
I am very excited to join the Board of a company which has demonstrated an impressive track record of innovation and growth. I look forward to working closely with the entire Exist team as it continues to provide a robust technology platform and deliver real value to its customers.” Lichauco said. “I hope to leverage my experience to help steer the company to greater heights and further its success in the global technology market.”
Further to its management team, Exist has also expanded its service offerings. The company has launched its Ruby on Rails development practice area by offering rapid prototyping services for those who need to be in the market in 8 weeks. This service resolves the early challenges for entrepreneurs to have their idea or concept have an alpha application and potential funding.
We are entrepreneurs ourselves, thus we know the importance of turning innovative ideas and concepts to something that is tangible, transforming them into a viable business – all within 8 weeks,” Jerry Rapes, country manager for Exist mentioned in an interview. The service includes onsite development, design and scoping, and the application deployed on a live cloud infrastructure.
Other than this new service line, the company with its rich Open Source heritage will continue to build on its Exist Maestro, the first integrated open source build life-cycle platform solution. Later this month, Exist will launch a unique service line that will combine Build and Test automation. “Now is the perfect time to grow and accumulate market share. Exist was founded on adversity in 2001, when it opened one day before 9/11, and we know that the recent economic crisis will only get the best out of the company. Expect more positive things to happen as Exist continues to deliver innovation.” Damarillo ended.
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