FOEX signs partnership agreement with DataBase Intelligence and enters the Russian market

Top Quote Following on its partner network expansion strategy, FOEX enters the Russian market by partnering with DataBase Intelligence and extending the reach for its low-code Enterprise RAD solution, the FOEX Plugin Framework. End Quote
  • (1888PressRelease) October 12, 2016 - FOEX GmbH, the Austrian IT company specialised in developing plugins and add-ons for Oracle APEX, announces today the signing of a new partnership with leading Russian Oracle support and services provider, DataBase Intelligence (DBI).

    The agreement enables FOEX to bring its main solution, the FOEX Plugin Framework, to one of the largest markets in the world, providing new opportunities for developing its business on the Russian market.

    Peter Raganitsch, Chief Executive Officer of FOEX GmbH, commented "Looking at the growth opportunities present on the Russian market made us realize that in order to establish a successful presence there, first of all, we needed to find a reliable partner. This is how we met the DBI team and after an initial discussion we found that our visions for the future are well aligned, thus signing this partnership agreement was the right choice for both our companies."

    This partnership enables DBI to extend its services' portfolio with a Rapid Application Development (RAD) tool specifically designed for building enterprise-level applications on top of the Oracle database.

    Mikhail Sarychev, the Director of Business Development at DataBase Intelligence added "We are very excited with the new partnership between DBI and FOEX. We strongly believe that this partnership is strategic and will bring us new business opportunities, as well as provide new types of services to our customers."

    About DataBase Intelligence
    Database Intelligence (DBI) was founded in 1999 and specializes in the administration and support of information systems based on ORACLE technologies. We are offering our clients access top technical professionals teams 24x7x365.

    Through our services' quality we enjoy a very high customer retention rate. For our clients, such low employee turnover guarantees disruption-free delivery of services, constant interaction with dedicated specialists and direct access to best talent working on their projects. All these enable our clients to develop personal one-on-one relationship with our specialists, to communicate on daily basis and enjoy the DBI's approach to solving our customers' unique needs.

    For more information, please visit

    About FOEX GmbH
    FOEX GmbH is an Austrian IT company founded in 2012 and based in Perchtoldsdorf (near Vienna, Austria). We are experts in developing plugins & add-ons which enhance the standard Oracle APEX platform, allowing developers to build the best products imaginable without the overheads from traditional software development.

    Our mission is to simplify the way enterprise-level applications are being built and provide a robust platform which enables developers to create such applications in a fast, easy and secure way. By using the FOEX Plugin Framework developers can significantly reduce the complexity of creating and maintaining data-heavy web applications, thus lowering IT costs and increasing efficiency.

    To learn more about FOEX, please visit

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