Wednesday, May 13, 2009

Partnership provision

We got confirmation this morning from software developers in the Ukraine that they will give us a product that they have developed. We will "skin" it to make it fit with our environment and should be able to bring it to market really very soon.

We agree with them that they will continue to build out and enhance their market-leading offering and to work with us on into the future.

This seems an amazing and pretty much perfect application of the "division of labor" principle that 18th century economist Adam Smith explored in "The Wealth of Nations". They have extensive experience in some arcane and technically complex fields.

It's best for them to focus on being world leaders in their field. We can focus on bringing their product to our market along side our other offerings. We are just astounded that they would work with us in his way and take a chance on us!