Prime Investment, one of the leading investment banking companies in the region, based in Lithuania, has issued its semi-annual report “Baltic ICT Market News”. The report contains recent news of Baltic ICT market and proprietary rankings of the leading Baltic IT service companies by their revenues from in-house developed IT services during half-year of 2006. The rankings are being compiled since 2001. Based on the proprietary ranking “Prime’s TOP-20”, Baltic IT services sustained a high pace of growth during the first half of 2006, which indicates that the sector will show significant annual growth for the third year in a row. Companies in “Prime’s TOP-20” increased the share of revenue from IT services in the composition of total revenue as it grew by 26.3% compared to 22.6% growth in total revenue. Five companies in the ratings more than doubled IT services revenue comparing to IH 2005.