New York City & St. Petersburg, Russia, June 19, 2007 – This week Luxoft, Russia’s largest provider of high-end IT outsourcing services to clients such as Deutsche Bank, IBM, UBS, T-Mobile and Dell, will play key thought leader and sponsorship roles at the RUSSOFT Forum 2007 event and the Better Software Conference.

Luxoft will serve as a Gold level sponsor for the RUSSOFT Forum 2007, a two-day conference being held in St. Petersburg, Russia June 20–22, 2007 at the Hotel Park Inn Pribaltiyskaya. Previously known as ROSS, the RUSSOFT Forum is in its sixth year, and is the premier venue for bringing together leading global executives and Russian IT outsourcing vendors to discuss the growing prominence and unique value add that Russia brings to the global outsourcing market.

As the Chairman of RUSSOFT (The Russian Software Developers Association), which organizes and hosts the event, Dmitry Loschinin, President and CEO of Luxoft, will kickoff the opening keynotes which will feature speakers from the IAOP (International Association of Outsourcing Professionals), eWeek and McKinsey.

Loschinin will also moderate a best practices discussion for vertical industry outsourcing featuring Luxoft client UBS and industry analyst NeoIT, and serve as one the CEO panelists on a leadership roundtable discussing trends, opportunities, challenges and solutions for the Eastern European IT export market.

Additionally, Luxoft VP Sergey Karas will be a featured speaker for a roundtable discussion on industry consolidation trends and Luxoft CTO Michael Bykov will participate in the "Product Engineering from Russia" panel, where he will share Luxoft’s success in this growing development area.

Meanwhile in the US, Luxoft is sponsoring the Better Software Conference being held in Las Vegas June 18-21, 2007 at The Venetian.

Michael Vax, the head of Luxoft’s Vancouver office, opened earlier this year, will also speak on best practices for implementing Agile in distributed development environments.

“It is a particularly dynamic time for Russian outsourcing that is continuing to grow and mature,” said, Loschinin. “With continued vendor consolidation bringing higher value and reach, a growing reputation for successfully tackling complex development challenges, and increasing demand for our nearshore as well as global and vertical industry capabilities, it is exciting to see clients, thought leaders and vendors coming together on both sides of the Pond to discuss how Russia can become an even stronger outsourcing destination for clients.”

For more information on the RUSSOFT Forum 2007 program visit:
For more information on the Better Software Conference visit:

About Luxoft

Luxoft, founded in 2000, is Russia’s largest provider of high-end IT out­sourcing services with operations in the US, Canada, UK, Ukraine and the world’s largest delivery capabilities in Russia and CIS.

Luxoft works with global enterprises and independent software vendors (ISVs) enjoying long-term relationships with industry leaders such as Deutsche Bank, IBM, UBS, T-Mobile and Dell.

Luxoft's software development processes meet the highest quality standards, and the company was the first in Europe to achieve Level 5 CMMI quality certification. Luxoft runs research and development centers in Moscow, St. Petersburg, Dubna and Omsk in Russia as well as centers in Kiev and Odessa, Ukraine and Vancouver, Canada.

Luxoft was recently named a Rising Star in the 2007 Global Outsourcing 100 from IAOP and was dubbed the world's #1 IT Outsourcing Product Engineering Vendor in the 2006 Black Book of Outsourcing. The company also won the National Outsourcing Association's "Financial Outsourcing Project of the Year 2006" award and has been recognized by BusinessWeek as the top emerging outsourcing provider in Russia and Eastern Europe. Finally Luxoft was the only IT Company to be recognized with a Russia's Best Employer 2006 Award given by the Russian Chamber of Commerce and other leading Russian employment and business agencies.