Advisory Board

The DataArt Strategic Advisory Board has been formed to provide the Company with valuable strategic advice and insight from leading members of business, technology, industry and civic communities in the United States and Russian Federation. Our Board is limited to some of the most distinguished and influential group of professionals to raise the cause of DataArt's public awareness as a premier leader provider in the holistic, high value Russian Information Technology outsourcing space.

Our goal is for our Board of Advisors to offer the pinnacle of leadership and involvement in DataArt's role with Russian IT Outsourcing.

The Advisory Board acts as an advice-giving body to the Company. The Board of Advisors is the 8-10-member advisory working group of DataArt. It has responsibility for advice on specific policy making and advisory direction of the corporate affairs; conducts strategic planning; introductions; advice on business development growth, programs and activities.

Board of Advisors provides advice to the leadership team on the direction, corporate development, and business development growth of the organization's affairs. The Board serves as a resource to DataArt leadership to help achieve the company's goals of full integration into the domestic and world market and adherence to the highest levels of corporate social responsibility.

In addition to the superb guidance that DataArt receives from its Advisory Board, the Members' varied experience and prominence also avails DataArt of extraordinary access to well placed contacts in a wide variety of industries that facilitate the company's identification of prospective strategic partners, business development opportunities, and financing sources.

The board annually reviews progress and projects related to DataArt's long range plan. Board members work with staff through the committee structure to achieve long term plan objectives, which include developing new services and maintaining current services. The board contributes to planning of conferences and engages in activities designed to promote the prestige and sound value of DataArt. The board also advises DataArt management and staff on issues related to consulting services and offshoring. Board also recommends key influencers that may impact corporate and business development activities, as well as provides relevant c-level introductions geared towards success of the business. In order to keep in touch with what our clients need, DataArt at special occasions uses Strategic Advisory Board, to engage our clients at Executive Level.

Consequently, DataArt clients begin a relationship with the distinct competitive advantage provided by a strong, active, experienced and supportive team of prominent supporters and advisors. Creation of the board is one more example of unique leadership demonstrated by DataArt in the movement towards transparency and good corporate governance.

I am pleased to announce the creation of the International Advisory Board and look forward to working with this exceptional group of individuals to expand further our global presence," said Eugene Goland, President of DataArt. "We believe the broad base of contacts and experience of this Board will help us with our efforts to operate more effectively as a world class company."

In addition, we are continuing to bring in more prominent members to our advisory council during the first part of 2004

A set of conference calls and private workshop are planned in during the first qt of 2004.