IRM, an Openlink Company, Opens Office in Moscow, Russia – Ability to Provide Local Support for Geographically Diverse Client Base a Driver

Vienna, Austria - 7 October 2010

IRM, a leading solutions provider focused on structured procurement management, optimization, and investment analysis and planning, today announced that it will open an office in Moscow, Russia. IRM will use this new office to organically expand their footprint in Russia and to other nearby eastern European territories, with a focus on providing local support for their expansive and geographically diverse client base.

IRM’s CEO Markus Seiser noted, “Our acclaimed product support center is set up to provide Russian speaking experts, and is in a unique position to act quickly regarding changing requirements of this local market.” Mr. Seiser went on to add, “Being able to deliver a system with a Russian GUI was crucial to IRM’s commitment to client-focused solutions for the Russian and eastern European territories.”

“Russia represents a large underserved region and is increasingly becoming a significant player in the global energy and commodities marketplace, and as a result, many of our clients have expressed an interest in expanding into this region,” commented Kevin Hesselbirg, CEO of OpenLink. Mr. Hesselbirg further noted, “OpenLink continually has supported the expansion goals of our clients in multiple ways: by opening offices worldwide for regional support, understanding local conventions and nuances, and offering solutions that support multiple markets and asset classes across the global marketplace.”

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