MagRabbit Launches Offshore IT and BPO Operation in Vietnam

MagRabbit Launches Offshore Information Technology and Business Process Outsourcing Operation in Vietnam

Austin, Texas (February 28, 2007). MagRabbit, Inc., a leading supply chain management services provider, has announced the launch of its offshore Information Technology (IT) and Business Process Outsourcing (BPO) operation in Vietnam. MagRabbit-Vietnam, LTD is headquartered in Ho Chi Minh City and is also positioned to provide services in Danang and Hanoi.

With a large pool of dedicated, disciplined, and highly trained IT resources, Vietnam is quickly becoming an impressive player in the global information technology outsourcing industry. MagRabbit-Vietnam assists organizations in every phase of their product development lifecycle, to include development, testing, and maintenance. MagRabbit-Vietnam will also staff an organizations’ Offshore Software Development Center (OSDC) with a dedicated team. MagRabbit-Vietnam’s business process outsourcing services include back office functions, administration, and human resources.

“We are extremely excited about the launch of our Vietnam operation. I look forward to giving back to my native country and providing opportunities for the tremendously talented Vietnamese workforce” said Mr. Tommy Hodinh, MagRabbit Chairman and CEO. Mr. Nguyen Thi, Chairman of MagRabbit-Vietnam remarked, "As outsourcing costs for both BPO and IT are rising in countries like India and other nations, customers are looking to Vietnam as a viable expansion option, and we intend to meet this critical requirement."

Mr. Hodinh immigrated to the United States in 1973 from Vietnam. Mr. Hodinh graduated from the University of Texas at El Paso and then embarked on a successful 15-year career at IBM, before founding MagRabbit in 1990.

About MagRabbit, Inc.
MagRabbit, Inc. is a supply chain management services provider specializing in customized logistics, staffing, information technology and business process outsourcing services. MagRabbit increases the value of its customer’s enterprises through custom and highly complex supply chain management solutions. MagRabbit has the systems, technology, and 16 years of domain expertise to deliver exceptionally high levels of service and accuracy to its customers. Companies such as Dell Corporation, DaimlerChrysler, IBM, General Motors, Ford Motor Company, Toyota and Buffalo Technology trust MagRabbit for their mission critical supply chain needs