ELandia International Enters Strategic Alliance With Amper In Latin America

• eLandia, gains entry to fast-growing Brazil market
• Amper, through its subsidiary Medidata, gains entry to 13 additional countries in Latin America
• Latin American current  Information and Communications Technology market expected to grow 35% to $65 billion by 2013
• eLandia and Amper are evaluating the feasibility of expanding the scope of the alliance to include a possible equity participation

MIAMI, May 24, 2010 (GLOBE NEWSWIRE) -- eLandia International, a leading technology enabler in Latin America, today announced it has formally entered into a strategic alliance with Madrid based Amper, a leader in the development and integration of Information and Communications Technology solutions in Spain and Brazil.

The alliance will allow eLandia to extend its operations into Brazil, which is experiencing growing demand for Information and Communications Technology integration.  Amper gains a new opportunity, through its Medidata subsidiary, to extend its presence into the 13 countries where eLandia currently operates throughout Latin America.  The expanded territory provides the companies the opportunity to offer their combined portfolio of products, services, technology solutions and technical resources throughout the region. 

eLandia believes that Latin America has exceptional potential for information and communications technology growth. According to Business Monitor International (BMI), the total value of spending on Information and Communications Technology products and services in Latin America is expected to grow from US$48 billion in 2010 to US$65 billion by 2013, representing growth in excess of 35%. Brazil represents more than 45% of the total investments for the sector in the region.

"Latin America continues to be a region of fast growth for technology investments," said Pete R. Pizarro, Chairman and Chief Executive Officer of eLandia.  "Governments in Latin America consider information technology a key element for economic and social development.  Many of our clients operate in multiple countries, and this alliance with Amper will allow us to expand our business strategy of enabling technology in emerging markets, and help contribute to the transformation of communities in the region."