iHorizons announces large expansion in 2010

iHorizons held a management retreat at the Intercontinental Hotel Doha to discuss strategy development for the coming years, especially regarding expanding the areas of the company's operations vertically and horizontally. Also the management discussed at the meeting the business plan for the three coming years, particularly in the areas of research and development as well as geographical expansions and income growth.

Mr. Jassim Al Mansoori, iHorizons Chairman, said:

"We aim to continue to hold our leading position among IT companies in the region through developing local capabilities and competencies, and investing in research and development. Our company is making continuous efforts to promote the development of eBusiness applications and software solutions, and we believe that our new office at QSTP will help achieve our vision of creating applications in new markets such as Arabic language technologies, wireless software applications and knowledge collaboration tools. Mr. Mansoori also added that the company has achieved record revenues in 2009, which underlines its financial stability and ability to sustain its growth despite the global economic crisis."

On the other hand, the CEO of iHorizons, Mr. Mohamad Takriti said, "iHorizons is ready to start the year 2010 with a strategic plan and a clear, ambitious vision, bringing a number of services in new areas suitable to small and medium enterprises, based on the new Cloud Computing model. The company also aims to strengthen its presence in the Gulf market during the next three years by opening several regional offices in the region."

iHorizons plans to offer a range of new and innovative products in 2010, as well as offering updated versions of existing products that adopt the latest technologies and standards.