KORBITEC NORTH AMERICA

staff profile

Total staff complement September 2006: 267We currently have 267 loyal and dedicated staffers, 30 of whom have been together in our company for 10 or more years, 80 for more than 3 years and 157 for less than 3 years. More than a third of these personnel constitute the central core of software designers and engineers.

We have developed sophisticated team management structures within the Research and Development Team, and all personnel have worked hard to establish their own positive, well-motivated and highly creative ethos. In addition, we have a dedicated team that is responsible for all IT infrastructure maintenance within the company. Staffers look after computer networking, Internet connectivity, telephone systems and server hosting throughout our offices.

We are currently employing software engineers and software quality engineers. To this end, we have established relationships with key academic staff at the reputable universities around South Africa and actively participate in their graduate recruitment programs. This continues to yield a crop of select students across the Computer Science and Electrical Engineering disciplines who take up positions at Korbitec.

Around the central R&D core, we have an experienced management team and a mature administrative infrastructure, including human resources personnel.

physical location

Korbitec's head office is located in Newlands, Cape Town, on the slopes of Table Mountain. We have 3 000 m2 of modern, custom-designed office space, with adequate parking and a staff restaurant on site. Leading shops, restaurants and sporting facilities are within walking distance of our offices.

We also have long-established sales and support offices around South Africa, in Johannesburg, Durban, Port Elizabeth and East London.

funding & shareholding

Korbitec was launched with initial funding of R70m (US$10m), all of which was privately raised. The bulk of the shareholding in Korbitec vests with the senior management team.