1323STRENGTHENING BUSINESS RELATIONS ABROAD

In January, our company continued to strengthen business relations in foreign markets. The partnership signed last year with Ulys Systems Company, one of the largest companies in the field of system integration in Ukraine, has developed into a solid partnership in the field of sales, implementation and maintenance of our solutions in the Ukrainian market. Our trade fair activities in 2006 led us to business meetings with new potential customers. In January, we started negotiations with two Ukrainian companies interested in purchasing software solutions in the field of sales and CRM.