OREANDA-NEWS. On November 09, 2007 IBS DataFort, an IBS subsidiary and specialized provider of IT outsourcing services, has become a resident of the technology and innovations special economic zone located in the town of Dubna, reported the press-centre of IBS.

The company's business plan to build a data processing center was highly praised by a committee of experts and approved by the Ministry of Economic Development and Trade of the Russian Federation.

Under the approved project IBS DataFort is set to build sophisticated state-of-the-art IT infrastructure for research & development and industrial & manufacturing companies. To this end, the company will build a data processing center in Dubna by the end of 2008 to host data collection, processing and communications systems, lease out server capacity, set up backup data centers and develop software.

The center will occupy over 4,400 sq.m. and contain about 800 racks. An engineering center will be set up to provide information system design and development services. The engineering center will provide jobs for more than 400 new employees.

As a resident of the special economic zone, IBS DataFort will be able to boost its production and workforce potential, use infrastructure being built within the special economic zone and hardware provided by sharing centers.

"A company resident in the special economic zone gets substantial advantages including an efficient legal and intellectual property protection framework that extends to inventions, ideas, concepts, business methods and not just to means of production", says Denis Kalinin, General Director, IBS DataFort, "In addition, our company gets the important advantage of being able to use expensive hi-tech foreign-made equipment without having to pay customs duties".

IBS DataFort's special economic zone residence certificate was awarded by Sergei B. Ivanov, First Deputy Prime Minister of the Russian Federation in a working meeting held in the technology and innovations special economic zone in the town of Dubna on October 30.