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Symbyo Signs Outsourcing Agreement with AT&T Labs

Agreement strengthens Symbyo?s Telecom Services portfolio and expands footprint in Southeast Region.

Tampa, Florida, June. 13, 2006 ? Symbyo Technologies, a leading global information technology (IT) services firm, today announced that it has entered into an IT outsourcing agreement with AT&T Labs to work along with Microsoft Corporation Consulting Services on 10 million Dollar SOA Integration Project.

Under the terms of the contract, Symbyo Technologies will provide systems integration, application development and maintenance services for mission-critical applications, including a new Web conferencing application, a Service delivery platform, a web store, and other Managed Services.

According to the agreement reached that month, Microsoft Corporation will provide System Architecture and Guidelines while Symbyo Technologies Consultants will be responsible for the development and Testing of the applications. Symbyo will provide onsite project managers who will coordinate the work between AT&T Labs, Microsoft MCS and Symbyo outsourced developers working out of Symbyo Development Center in Cairo Egypt.

?This agreement strengthens Symbyo presence in Telecommunication Industry and the US southeast region,? said Y. Megahed Symbyo Chairman and Chief Executive Officer. ?Symbyo is pleased to have this opportunity to apply its considerable experience, best practices and anticipated synergies to produce financial and operational results for AT&T Labs. This is in line with our drive to become the World Leader in the Outsourcing and Consulting World.?

About AT&T Labs:
AT&T is the largest telecommunications company in the United States and one of the largest in the world. It is the global company that sets the industry standard for a new era of integrated communications and entertainment services. Today, AT&T has IP-based (Internet Protocol) network capabilities, assets, and resources that are widely regarded as unsurpassed in the marketplace, enabling the company to lead the industry in using the language of the Internet to deliver innovative services that integrate voice, data and video. AT&T serves millions of customers around the globe, including global, national, mid-size, regional and government customers. It delivers an unsurpassed portfolio of traditional and IP-based voice, broadband Internet, data transport, wireless and video services. It also offers online and print directory publishing and advertising.


About Symbyo Technologies:

Symbyo Technologies, Inc is a premier IT Consulting and Outsourcing company. Symbyo provides comprehensive research and development services, IT solutions and services, including systems integration, Information Systems outsourcing, package implementation, software application development and maintenance services to corporations globally. Committed to delivering innovation, Symbyo Collaborate with its clients to provide high quality solutions at very competitive price with deep industry and business process expertise, broad global resources and proven track record Symbyo can mobilize the right people, skills and technologies to help clients achieve real business outcome. for more information, visit the company's Web site at www.symbyo.com.

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