Speaking on the significant progress EFutures made over the year, Fernando stated, “In addition to winning the new CSE Web Solution tender, the past year has also witnessed an unprecedented growth in the number of outsourced software projects that we have acquired from overseas for specific clients. These projects include M3, a CRM that is targeted at mobile users in the USA. It is the first of its kind in the whole world and is, therefore, a groundbreaking project.” Other US-based outsourced software projects of the Company include Peer Dreams – a web-based financial application that is utilized to raise funds, DrumTable – a social networking system and Mobi Bucks – a mobile payment solution that allows users to utilize their mobile devices to purchase goods and services. Furthermore, the EFutures team is currently in the process of developing a data warehousing software for one of the leading European banks.
Prashan Nagendra – Director of EFutures stated that the Company has opened a Marketing Office in the US in order to acquire more high-end software projects. “We have identified the need to have an office in the US as one of the key elements of marketing our services in the region. As a result of this new office based in San Francisco, we expect a significant number of such projects to come through over the next couple of years. Such a presence, backed by aggressive marketing, will benefit not only the Company but will also be a vehicle to promote the talent and expertise available in Sri Lanka for ICT projects”. He further added that with a presence in the US the Company could double its team within the next year.