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Your Source for Successful Solutions. The History Over the Last 10 Years. In 1996 a local Armenian startup was created. Its customers were companies in the US and Canada. The team was early adopter of many modern technologies, Java, XML, Web Services and other innovations.

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The History Over the Last 10 Years

  • In 1996 a local Armenian startup was created. Its customers were companies in the US and Canada. The team was early adopter of many modern technologies, Java, XML, Web Services and other innovations.

  • In 2000, Brience Inc., a US based mobile software solution provider acquired the company. During 2000-2002, Brience Armenia developed platforms for wireless web access for well-known US companies like Ingram Micro, Applied Materials, CNN, CNet, T-Mobile, Windham hotels, Washington Mutual, CISCO and others.

  • In 2002, Brience Armenia was acquired by Lycos Europe and renamed to Lycos CJSC.

  • Lycos Armenia grew together with the Lycos Europe network and collaborates with competence centers in Gutersloh, Copenhagen, Hamburg, Munich and Paris for the development of its core services: search, communication, communities and operations and customer care.

  • Lycos Europe was founded in May 1997 as a joint venture between Lycos Inc., USA, and Bertelsmann AG, Germany. Lycos Europe is listed on the Frankfurt Stock Exchange, and on the Paris Stock Exchange.

  • Sourcio is Lycos Armenia spin-off which is also backed by the World Bank funded venture fund and USAID

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Experienced Management

  • Hovhannes Avoyan CEO and founder

    • Founded the company in 1996

    • Grew a 5 person team into a 220 people company

    • Held the VP and Managing Director positions at Brience and Lycos Europe

    • Executive trainings e.g. Harvard Business School

    • Visiting lecturer at Armenian and US Universities

    • 24 years in CS and Software Engineering

  • Armen Gharibyan CTO

    • 20 years of CS experience

    • Managed software engineering teams of up to 50 members

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Creative Team with Advanced Skills

  • Ajax based rich web user interface

  • Lamp (Linux, Appache, MySQL, PHP/Python/Perl), Java, JSP, Oracle

  • Web frameworks (Struts, Hibernate, Spring, JSF etc.), mobile technologies (j2ME), XML, J2EE, JMS

  • Application servers – JBoss, BEA, Geronimo

  • Many open source products and technologies. Open source CRM, EMR, CMS (e.g. Plone/Zope)

  • Web Services

  • Web applications, esp. large scale/high load/high availability,

  • Clusters and Message based systems

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Large list of Accomplished Projects

  • Brience mobile platform

  • Lycos Europe products in the following 6 areas: communications and email, community (chat, dating), hosting, mobile applications, shopping and billing

  • Mission critical and high load applications. E.g. Lycos chat currently powers Yahoo Europe chat

  • Dimoco - SMS applications for telecom

  • Cisco Inc. SNMP applications for network management

  • Spotigo J2ME Java for mobile phone applications

  • Variety of large and small scale projects for local and international clients

  • Data server support and product maintenance (2000 servers in Europe)

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Project Management Process

  • SRS

  • Development

  • Testing and QA

  • Technical writing

  • Deployment

  • Support during the operation

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Modern Methodologies

  • Rational Unified Process

  • Agile methodologies (Extreme programming and SCRUM) - depends on project

  • CMM level 2/3 (internal) - repeatable processes, mostly documented

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Detailed Software Architecture Documents per Project

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Weekly Consolidated Status Reports also Delivered to Customers

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Bug tracking and Testing Tools for Better Quality

To name a few tools:






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Internal QA Tools Helps to Manage Large Number of Test Cases

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Intranet Portal – Single Point of Entry to Company Information

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Document Management Allows to Keep and Search Documents

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Thank You for Your Attention

Contact in Armenia

Sourcio CJSC

123 Hovsep Emin str.

Yerevan 375051, Armenia

Tel.: +374 10 21-97-95

Fax: +374 10 21-97-99

E-mail:[email protected]


Your Source for Successful Solutions

Contact in Austria

System Five Information

Technology GmbH

1100 Wien, Wienerbergstrasse 11

Tel.: +43.1.99460.6226

Fax: +43.1.99460.5000

Contact in Canada

Thomas International Inc./ACITIP

3531 Richmond Road, Suite 100

Ottawa ON K2H 8H8

Tel.: + 1 (613) 265-7000