Expertise - Software Development

Apex Offshore
Development implements its programming work in its network of
subcontractors. Apex Offshore Development selects its subcontractors on
the basis of their industry experience. Subcontractors are also
expected to have a quality management system in place and develop their
practices continuously in commitment with Apex Offshore Development's
quality requirements. The subcontractor network consists of companies
from Russia, India and Brazil.

Every subcontractor has signed a
partnership agreement with Apex Offshore Development. The partnership
agreement specifies the general terms and conditions for all projects
subcontracted by Apex Offshore Development to the subcontractor. For
instance, subcontractors are committed to waivering all the
intellectual property rights to all the software products and software
componeents developed for Apex Offshore Developent's clients. When a
subcontractor is selected for a project, Apex Offshore Development
signs a project contract with the subcontractor. The project contract
specifies the terms and conditions specific to the project and is based
on the delivery contract signed between Apex Offshore Development and
the client.

A subcontractor is chosen for a project primarily on
the basis of whether or not it possesses the required competence in the
development platform as well as the appropriate industry experience.