6 August 2007- Kalycito starts operations in the incubation facility in PSG Tech with the objective to act as a product enabler and help customers build their products faster and cheaper. The company specializes in the research and development of embedded systems.

The company plans to use its unique business model, invented to aid accumulation of knowledge, establish a corporate culture and a custom process model to ensure high per-employee-productivity rate in research & development projects and finally, executing projects at lower costs, taking advantage of the global purchasing power parity.