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Atlantic Link Ukraine Acquires Youmanage LTD

August 3 2010 - Atlantic Link Ukraine has announced that it has completed the acquisition of the assets of Youmanage LTD, a provider of the Online HR software tool kit for line managers.

The acquisition of Youmanage will allow Atlantic Link Ukraine to further broaden its strategy to become the dominant player in the online HR Software sector. The Youmanage suite of products is a SAAS solution covering the employee life cycle from Recruitment & Interviewing, Starters & Leavers, Performance management, job profiles & competencies, discipline & grievance, absence & holidays and all employee information.

"We are extremely excited to acquire Youmanage and bring its fantastic SAAS HR Solution into our group," said Valeryi Shinkar, Director of software development at Atlantic Link Ukraine. "This fantastic opportunity will allow Atlantic Link Ukraine to enter the Online HR Software market at the top and then to expand globally with a whole suite of tools. Youmanage online HR toolkit is in great demand in the UK and this success will allow Atlantic Link Ukraine to pursue its goals and take the Youmanage online HR toolkit into both the European and US Markets. The Youmanage online HR toolkit will compliment the ever growing suite of products offered by Atlantic Link Ukraine and by partnering with some of the largest UK based law firms, Content providers and HR Solution providers Atlantic Link Ukraine is looking forward to rapid growth this year."

Sean Keilty Director at Youmanage LTD said: "We are delighted to become part of such an organization as Atlantic Link Ukraine. As Atlantic Link Ukraine’s offshore Development centre has developed many world beating solutions that have won awards world wide it is the perfect match for us and we are very excited to finally be in not only a strong financial position but a strong strategic pos which will allow us to realize the massive potential through our Youmanage online HR toolkit."

Announced Friday 9th of July 2010 London UK.

Atlantic Link Ukraine acquires the assets of Youmanage LTD with the express intent to promote and develop the Youmanage online HR toolkit and to develop Youmanage people LTD as a strong and innovative HR SAAS software solution provider in the UK, Europe and the US. Atlantic Link Ukraine will work with the existing clients and partners of Youmanage LTD to further develop what is considered to be probably the best Online Software HR toolkit in the UK today. Atlantic Link Ukraine has been developing software in Ukraine for over 12 years and has developed solutions for many industry sectors such as performance management, E-learning, rapid Authoring, Collaborative authoring, Business process management, Public access, Online software solutions and corporate planning applications. Atlantic link Ukraine is very excited about this acquisition as it takes Atlantic Link Ukraine into the HR solution sector which has been a goal of the company for several months.

Valeryi Shinkar Director at Atlantic Link Ukraine said: "We have been trying to enter the HR sector in the UK for several months now as we had identified it as a great market which is set for real growth. We have been working with Youmanage LTD for over 6 years and the time came for us to acquire what we see as being the ultimate SAAS HR Toolkit for line mangers. Atlantic Link Ukraine will now develop Youmanage people LTD into the UK’s leading online HR software solution vendor and once this has been achieved the US and European markets are next."

Sean Keilty Director at Youmanage LTD said: "We are just very happy that we now have a real backer who will allow us to listen closer to both our client needs and the market needs. We are finally in a position to take advantage of what I consider to be the best online HR software toolkit in the UK. We are going to achieve great things now and growth is what we are aiming for." Atlantic Link Ukraine employs over 50 software professionals in Ukraine and has been developing solutions for over 12 years. Atlantic Link Ukraine is focused on customer satisfaction, Customer support and on time deliverables. Atlantic link Ukraine is proud to serve the Youmanage User group.


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