1. 1 Lithuanian ICT sector  In 2003, the sector of information and other new technologies compounded 7.5 percent of the Lithuanian GDP  About 500 of ICT and electronics companies  ITT wholesale market increased by 8%, to 153 million Eur  There are 15 000 of high qualification specialists employed in the sphere of the information technologies alone.

2. 2 Lithuanian ICT sector  Their competence gained the international recognition as well – in 2003 more than 40 Lithuanian ICT companies exported their products and solutions to the EU, USA, Asian and CIS countries.  During 2002–2003, Lithuanian ICT market has not only been growing 27-30%, but also creating new quality and cheaper products for its users.

3. 3 Lithuania ICT Market Trends 2003 year Lithuanian ICT market size In total – appr. 1 237 million Eur. Note: Data on communication equipment and complex IT solutions market are tentative and approximate.

4. 4 2003 year Lithuanian ICT market size In 2003, the sector of information and other new technologies compounded 7.5 percent of the Lithuanian GDP

5. 5 Lithuania ICT industry export  General Lithuanian export in 2003 increased by 8.7 percent  Volume of Lithuanian ICT companies export is on the average 7 percent  Lithuanian TOP 10 IT companies exports increased from 40 to 80 percent in 2003  Export of IT services in 2003 – about 45 million Euros  The main Lithuanian ITT export markets: Germany, Russia, Belarus, Finland, Denmark, USA, and Latvia

6. 6 Lithuania R&D  In 2003, about 1950 ICT specialists studied in five Lithuanian Universities; 1000 Masters of Science  About 500 ICT specialists are employed in Lithuanian or foreign ICT companies every year  Lithuania’s ICT businesses and the Government have initiated a program of investment into R&D seeking to achieve that by 2008 up to 2.5-3 percent of State budget funds is allocated for R&D projects and enlargement of the related scope of work

7. 7 Lithuania ICT infrastructure  89% of business have web pages  Government has an initiative to train 10% of total population to use internet  Government employees have a ECDL certificate  3 international airports, direct connection with major cities in Europe. The same or close time zone. Relatively short geographical distance

8. 8  Over 15 000 employees in ICT software and services industry  Well-trained & low-cost human resources available  Annual average programmer salary – 9 000 Eur. Labour cost