Corporate Restructure Anticipates Prosperous Outlook for the company

Cairo, 26 September 2010: LINK Development, Egypt's leading regional software & services company known for delivering exceptional Microsoft-based solutions, has named Irini Raafat as its new Managing Director. This organizational change follows the formation of OTVentures, a fully owned Orascom Telecom subsidiary that is now being led by its new Chief Executive Officer and former CEO of LINK Development, Hanan Abdel-Meguid.  

Hanan Abdel-Meguid comments: "I am eager to see the continued success of LINK Development under Irini's leadership and to working closely with LINK Development as a member of the OTVentures portfolio companies."

Irini Raafat's roles as the company's Products General Manager and most recently Innovation Manager, contributed immensely to the strategy and vision of LINK Development's evolution. Since its inception in 1996, Irini has developed and strengthened various relationships with LINK Development's clients and business partners enriching its client portfolio and growing it regionally.  

Commenting on her new position, Irini Raafat says, "I look forward to building on LINK Development's exceptional relationships with its clients and business partners and will do everything it takes to further strengthen and expand this network. I will continue to passionately lead the company to a future of profitable growth and opportunities, assuring that the LINK Development brand remains at the forefront of the industry in the region."

She has played a vital role throughout the years in envisioning the company's success and enhancing LINK Development's competitiveness in the market.  As a result, LINK Development has distinguished itself in the IT sector, providing best of breed solutions to its clients and strengthening its business for continued profitable growth.

LINK Development's customers and business partners will reap the benefit of a stronger integrated solutions provider, with all the advantages of the synergy between the subsidiaries of OTVentures.  The company will continue as a trusted partner for local and regional government entities as well as leading enterprises, helping them grow through innovative business technology solutions.

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About LINK Development
LINK Development, an OTVentures portfolio company, is a leading software and services company in the Middle East.

The company is a well established Egyptian development house with more than ten years of experience in the region. Through its offices in Egypt, the UAE, Saudi Arabia, Qatar and Italy, LINK Development has gained a well-founded understanding of the market and acquired a repertoire of clients including governments, multinationals and leading local companies operating on local, regional and international levels.

Its clients include Fortune 500 companies in the region such as Microsoft, Intel and Pfizer in addition to having successfully implemented cutting-edge solutions for leading regional and multinational businesses and governments such as the Egyptian, e-Government, Saudi Post, Dubai Bank, WIND Italy, EGYPTAIR, PEPSICO, Dubai Land Department and many more.

With a 400+-strong force of young employees, the company is one of the largest development houses in the region. Being a Microsoft Gold Certified Partner in six competency areas, the highest level of partner certification from Microsoft, LINK Development boasts best of breed team of .NET developers, designers, architects, project managers and quality engineers.

With the company's long experience and its young and agile Microsoft certified professionals, its software development process has matured over the years and is improving to reflect its experience and impressive track record. Year on year, it continues to attain higher customer satisfaction levels. LINK Development is currently both ISO 9001:2000 certified and CMMI level 3 accredited.

LINK Development prides itself for receiving a number of worldwide and regional awards and recognitions from Microsoft as well as from leading government agencies, non-government organizations and independent industry players.

For more info visit www.linkdev.com

Or follow us on twitter www.twitter.com/linkdevelopment

Or contact us via info@linkdev.com

For more information, please contact:
Nathalie Atalla,
LINK Development Marketing Manager,
Tel: +20 127496616,
e-mail: marketing@linkdev.com

© Press Release 2010