MetaQuotes Software Corp participates at GITEX Technology Week 2012

Already well established within the Financial Services sector, MetaQuotes Software Corp. is highly active throughout the MENA region with participation in numerous exhibitions including MEFTEC and sees its participation in GITEX 2012 as the next logical step in its corporate strategy by making its SaaS based Enterprise Management System available to regional clients.

Recent research by Gartner suggests that the global market for SaaS based products will significantly increase by around 17.9% to over $14.5bn during 2012, recognizing this, MetaQuotes Software Corp will be significantly expanding its presence in the MENA region via its Channel Partner Program in order to fully satisfy the demand for its SaaS based products. Currently the MENA region is served by the strategically located Head Office in Cyprus with the prospect of an office opening in the UAE in the future as part of its commitment to its extensive customer base in the region.

"GITEX offers us a unique opportunity to get out and actually meet our Partners and Customers in the MENA region," said MetaQuotes Project Manager for SaaS Products, Barry Fraser, "it gives us the chance to get first-hand feedback about our product."

"We realize the important part that SaaS will play in the future of ICT within the MENA region and recognize significant opportunities to expand our client base there, we have come to GITEX 2012 with strong intentions," said MetaQuotes Software Corp. COO, Gaies Chreis, "The MENA region has a strong demand for our technology and we intend to fully satisfy it."