LAEDC logoJuly 21, 2008 -- Max Garkavtsev, Founder of QArea, attended the LAEDC (Los Angeles County Economic Development Corporation) 2008 mid-year Economic Forecast and Industry Outlook of Southern California, which took place at Los Angeles. More than 300 of the region’s top business, education, civic, and government leaders participated in the event.

Max Garkavtsev: “This meeting gave me a better insight in the region's economic situation, its perspectives and risks. The participants shared their understanding of how to grow business in the conditions of stressed economy.”

Established in 1981, LAEDC is the region's premier business leadership organization. Its main mission is to attract, retain, and grow business and jobs in LA County, as well as to identify trends and affect positive change for the local economy. LAEDC is committed to playing a decisive role in shaping the region's economic future.

“Californians acknowledge the recession is close to the heels and how vital it is to protect their businesses,” stated Max Garkavtsev. “QArea is sure to tune into new, uncertain economic trend and build mutually beneficial partnership and cooperation with US technology and software companies.”