IBM Signs Technology Infrastructure and Services Agreements Across Asia Pacific

Accelerates in Growth Markets: Deals Inked in China, India, Korea, the Philippines and Vietnam

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ARMONK, NY - 17 Oct 2008: IBM (NYSE: IBM) today announced new client agreements in growth markets across the Asia Pacific region, reflecting IBM's strategic focus on delivering technology and services to help businesses in growth markets solve complex business problems, as well as tough industry and societal issues.

To tap market opportunities in high potential markets worldwide, IBM has formed a "Growth Markets" organization based in Shanghai with regional headquarters in Dubai and Sao Paulo. It covers about 50 countries across Asia, Africa, Eastern Europe and Latin America.

Today's announcements by IBM include:

As announced, in the third quarter of 2008, IBM's revenue was up six percent year over year in Asia Pacific and up thirteen percent in growth markets.

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