ST. PAUL, MN (January 30, 2007)- Power Systems Research recently extended its business contract with ELEKS Software, an IT service and consulting company, to further develop its existing database products. Power Systems Research first partnered with ELEKS in 2003 to develop its online database capabilities. Besides being among top 5 of Ukrainian IT outsourcing companies, ELEKS is a Microsoft Gold Certified Partner, and has proven expertise in up-to-date software development technologies.

ELEKS is a proven software developer and uses Microsoft solutions on a consistent basis to meet our needs and ultimately our customers’ needs. By strengthening our partnership with ELEKS, we have expanded our data management capabilities and created the ability to further enhance our existing database products. During 2007, we will make additions to our database system and develop new information management solutions to meet the demands of the marketplace.

ELEKS Software is an IT service and consulting company, headquartered in Lviv, Ukraine. Started in 1991, today ELEKS Software employs over 200 professionals and delivers its services to organizations all over the world. The company’s proven experience, talented employees and capability to deliver results of high quality allow ELEKS Software to bring tangible value to its customers’ business and help them to achieve their strategic goals. Further information is available at www.eleks.com.

Power Systems Research is a global market research and consulting company specializing in the engine, original equipment, and components industries. Since the company was founded in 1976, Power Systems Research has been the authoritative source of market information and business intelligence to the power products and drivetrain industry. Power Systems Research is headquartered in St. Paul, Minnesota and provides market data and customized project work to the world's leading vehicle and equipment OEMs and component suppliers. The company has a global presence with operations in Detroit, Brussels and Tokyo. Further information is available at www.powersys.com.