GlobalLogic CEO to Lead Executive Roundtable at MAVA Capital Connection '09

GlobalLogic Sponsors Private Investor Event That Brings Together Innovative Technology Companies

Vienna, VA - May 20, 2009 – Peter Harrison, CEO of GlobalLogic, the global leader in software product development, will co-lead an exclusive CEO roundtable to kick off Capital Connection™ ’09 in Washington, D.C. on May 26-27, 2009. Hosted by the Mid-Atlantic Venture Association (MAVA) and sponsored by GlobalLogic, Capital Connection is one of the nation’s most successful private investor events. The conference showcases innovative early, emerging and later-stage companies in the technology industry.

Open solely to CEOs, the roundtable will enable executives at early, emerging and later-stage growth companies to share their experiences and address issues of importance to their roles in building their companies. The roundtable is scheduled for 11 a.m. EDT on May 26.

"The companies that are participating at this year’s conference reflect the depth of today’s entrepreneurial community," said Julia Spicer, MAVA’s executive director. "Capital Connection ’09 provides the participants with a great opportunity to present, interact and meet with a nationwide audience of investors, advisors, policy-makers and other entrepreneurs."

"I am excited to be part of such a collaborative meeting," said Peter Harrison, GlobalLogic’s CEO. "Open discussions like this roundtable are essential to the growth and success of the technology industry. I encourage the participants to share best practices to help one another build thriving companies."

GlobalLogic is an active supporter of MAVA and the start-up Venture Capitalism ecosystem. Several of GlobalLogic’s current clients will be represented at this year’s conference, including GENBAND, Rivermine and Fishbowl Marketing. This will be GlobalLogic’s third year as a corporate sponsor of Capital Connection.

About GlobalLogic

The leading specialist in global software product engineering services, GlobalLogic, Inc. partners with emerging and established technology companies and software-enabled businesses to help them bring great software products to market in less time and at less cost. GlobalLogic has ongoing partnerships with more than 150 companies in product vertical markets that include Enterprise Software, Healthcare, New Media and Telecommunications. It has completed more than 300 major products in the last 12 months with a better than 95 percent on-time delivery record. GlobalLogic has helped its clients release over 1,000 software products and was recognized by InfoWorld for its excellence in distributed Agile software product engineering. An Inc. 500 company, GlobalLogic has been ranked as a top place to work in both India and Ukraine by IDC and Hewitt Associates, respectively. GlobalLogic is headquartered in Vienna, Virginia and has global offices in Israel and the U.K. The company employs thousands of professionals in software product engineering centers throughout the U.S., India, Ukraine and China. For more information, please visit www.globallogic.com

About MAVA’s Capital Connection ‘09

Produced by the Mid-Atlantic Venture Association (MAVA), Capital ConnectionTM is one of the nation’s most successful and influential private investor events. Over the years, Capital Connection conferences have helped to shape the region's entrepreneurial economy, generating more than $2.9 billion of venture investments in the presenting companies during their first year after participating. More than 200 high tech companies, representing combined equipment and services buying power of more than $1 billion, are typically in attendance at the event. MAVA represents private equity and venture capital firms with investment interests in the mid-Atlantic and beyond, entrepreneurs, and their strategic partners. MAVA provides a wide range of programs, information and forums designed to stimulate revenue and company growth, facilitate quality deal flow, encourage collaboration, and foster relationships among entrepreneurs, investors, strategic partners and customers. Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $100 billion in capital under management. For more information, please visit www.mava.org

Media contact:

Liz Haas