Recognized for Professional Accomplishments, Commitment to Society and Inspiring Leadership

BEIJING & SAN JOSE, Calif. & STOCKHOLM & TAMPERE, Finland--(BUSINESS WIRE)--Symbio, a leading innovator of product co-creation solutions worldwide, today announced that the company’s CEO, Jacob Hsu has been honored by the World Economic Forum (WEF) as a Young Global Leader (YGL) 2010.

Every year, the World Economic Forum recognizes 100-200 of the most exceptional young leaders worldwide as Young Global Leader honorees. The Selection Committee composed of the world’s top media leaders and chaired by Her Majesty Queen Rania Al Abdullah of the Hashemite Kingdom of Jordan, selected Hsu after carefully screening the profiles of thousands of leaders from every region of the world across many disciplines and sectors.

Hsu’s nomination is in recognition of his professional accomplishments, his commitment to society and his potential to contribute to shaping the future of the world through his inspiring leadership. Hsu has been instrumental in helping thousands in China attain a better life through education, helping design and develop a web-based solution that connects students with affordable student loans, organizing global training programs and by providing his own personal support. An active speaker at conferences around the world, Hsu is a thought leader in global technology innovation, and is passionate about encouraging people to develop not only their technical skills but also their individual skills such as global citizenry, problem solving, and effective leadership behaviors.

Hsu joins this year’s honorees including Marissa Mayer, Vice President, Search Product and User Experience, Google, Inc., Evan Williams, Co-Founder and CEO, Twitter and Steven Chen, Co-Founder and CTO, YouTube, Inc. Hsu and the other Young Global Leaders are invited to convene at biannual summits, and other Forum events and meetings, to collaborate on initiatives to tackle some of the toughest and most challenging issues of our generation.

"Being a part of the World Economic Forum YGL program is an incredible opportunity to partner and collaborate on ways to help change the world for the better,” said Jacob Hsu, CEO of Symbio. “Symbio’s growing international presence and dedication to pioneering the innovation outsourcing industry means we are committed to tapping the brightest minds in the world and developing true co-creation partnerships with the companies we serve to deliver local touch and global reach. Symbio is dedicated to co-creating the best products that make a difference in the marketplace, and ensuring education opportunities in our communities and participating in corporate social responsibility initiatives through the World Economic Forum and our other programs."

“Jacob’s key strength is his visionary and creative approach to problems that inspires global team members to achieve amazing results whether for clients or for helping empower those less fortunate through education,” said David Lee, Symbio Chairman of the Board. “We expect Jacob and Symbio to continue to be recognized for leveraging their extraordinary and global technical design excellence, development expertise, knowledge, and resources to help advance society.”

About Symbio

Symbio designs and develops feature-rich software products for companies embracing transformational advances in communications and technology. By leveraging its deep expertise in mobile, embedded, enterprise, Web-based and user experience driven technologies, Symbio enables its clients to focus on their core competencies while building mission-critical technologies and products to sustain, speed and secure the long-term success for the business. World-leading companies like China Mobile, IBM, Microsoft and Nokia already rely on Symbio for faster, innovative, and highly cost-effective technology outsourcing. With global headquarters in Beijing, China, San Jose, USA, Stockholm, Sweden and Tampere, Finland, Symbio is the outsourced product development partner companies trust to deliver truly integrated global reach with local touch. For more information about Symbio, visit www.symbio.com.

About The Forum of Young Global Leaders

Established in 2004 by Professor Klaus Schwab, The Forum of Young Global Leaders (www.younggloballeaders.org) is a unique, multistakeholder community of the world’s most extraordinary young leaders who dedicate a part of their time to jointly address global challenges and who are committed to devote part of their knowledge and energy to collectively work towards a better future. Together the Young Global Leaders work to discover innovative solutions to today’s most pressing problems through various initiatives and workstreams as well as catalysing the next generation of leaders.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971 and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (http://www.weforum.org).