BetFair sponsors TopCoder Open

GLASTONBURY, Connecticut -- (PRESS RELEASE) -- TopCoder(R), Inc., the leader in online programming competition, skills assessment and competitive software development, today announced Betfair, the world's leading betting exchange, as a sponsor of the 2008 TopCoder Open in Las Vegas, NV. Betfair joins AOL, Lilly, NSA, VeriSign and BT in support and sponsorship of the 2008 TopCoder Open. The live finals for competitive programming's top tournament, scheduled for May 11th - May 15th at the Mirage Resort in Las Vegas, will match the top 120 finalists spanning four tournament tracks in competition for a share of $260,000 in prizes. Full details including event schedules, rules and guidelines are available online at: topcoder.com/tco08 .

"Betfair is committed to attracting the world's best and brightest software technologists to its global team and challenging them to solve interesting and demanding problems," said Rorie Devine, Betfair CTO. "We are very excited to sponsor the TCO. It's a great opportunity to raise our profile among a global community of talented software developers and to encourage their participation in the Betfair Developers Program."

The annual TopCoder Open (TCO) draws the world's top software developers from around the globe to match skills in a variety of competitions, with more than 4,600 talented competitors registered across all competitions. This year's TCO features four highly contested tournament tracks -- the Algorithm Competition, Component Design and Development Competitions, Marathon Match Competition and Studio Design Competition. TopCoder competitions offer sponsors a powerful branding platform within the TopCoder global community of proven developers that provides a unique opportunity to build valuable relationships and to hire some of the best developers in the world.

"Being a finalist in a TopCoder competition is a powerful resume builder," said Rob Hughes, president and COO of TopCoder, Inc. "Smart organizations, like Betfair and our other TCO sponsors and patrons, understand the critical value of being proactive as they search for great talent."