Luxoft Appoints Jeffrey Osborn as Head of Travel & Transportation Line of Business

New York, NY – April 15, 2011 - Luxoft, a leading global provider of advanced application and product development services, today announced that Jeffrey Osborn has been appointed as global head of its travel and transportation line of business. Mr. Osborn will have global responsibility for all aspects of Luxoft’s Travel and Transportation vertical organization which is largely focused on Airlines, Hotels, Car Rental, Cruise Lines and Travel Distribution entities around the world.

Osborn brings more than 20 years of travel and transportation industry experience to his role at Luxoft. Previously, Osborn served as global sales director - travel and distribution for Travelport. There, he was responsible for growing existing and new business relationships with customers and resellers of Travelport products and services as well as the existing Airline Information Technology Services (AITS) product line. Before that, Osborn was global practice manager for Wipro Technologies, where he directed the firm’s $100 million, 5,000 employee management consulting and technology practices within the Americas. Osborn has also held senior management roles at NIIT Technologies, IBS Software Services, Douglas International Group and many others.

“Luxoft is a company that has achieved critical mass as a world class provider of domain based application and product development services and is moving to the next level as a global business partner, said Mr. Osborn. “Through outstanding quality, domain and technological expertise, the firm as acquired significant business from industry leading companies, largely based on enabling business transformation through innovative technology solutions that are driving the future business models of our clients”

As head of Luxoft’s travel & transportation practice, Osborn will be charged with extending the company’s global footprint in the industry.

“We were incredibly impressed with Jeffrey’s deep market knowledge and demonstrable results, making him an ideal choice for this role” said Dmitry Loschinin, president and CEO, Luxoft. “We have put in place aggressive goals for our travel and transportation practice this year, and we strongly believe that Jeffrey and his more than twenty years in the market will help us exceed our business targets.”

“The travel industry is now facing many challenges associated with introduction of completely new business models, sales channels and products, which will result in radical changes of the existing technology stack. We are ready to help our clients successfully go through these turbulent times and Jeffrey’s immense experience will be invaluable” – added Michael Minkevich, VP Technology Services at Luxoft.

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About Luxoft
Luxoft is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients, such as Boeing, IBM, Harman, Avaya, Areva, Sabre and other global leaders, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models.