Luxoft Appoints Tracy Krumme as Vice President of Investor Relations

October 3, 2017

ZUG, Switzerland--(BUSINESS WIRE)--Oct. 3, 2017-- Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, announced today the appointment of Tracy Krumme as Vice President of Investor Relations. Ms. Krumme is based in New York, and reports directly to Luxoft’s CFO, Evgeny Fetisov.

Tracy Krumme has more than 25 years of experience in investor relations, financial communications, investment banking, and equity research. She has led investor relations at four public companies prior to joining Luxoft, including NCR, a Fortune-500 technology company, in addition to CECO Environmental, Fuel Tech, and Hollinger International.

Ms. Krumme has also held positions as an equity research analyst at Sandler O'Neill and Partners, an investment strategist at Prudential Securities, and an investment banker at Kidder, Peabody, and Co., in London. Ms. Krumme is a graduate of Denison University.

Mr. Fetisov said, "We are delighted to welcome Tracy to Luxoft. We believe Tracy’s established reputation among the investment community, along with her accomplished financial background, will enable her to communicate the Company’s strategic vision effectively. Having achieved significant growth since the Company went public, we look forward to Tracy’s contributions as we continue to execute our growth strategy.”

Ms. Krumme, Vice President of Investor Relations, stated, "I am thrilled to join Luxoft and be part of such a dynamic organization. I look forward to actively interacting with the global investment community to expand relationships and communicate Luxoft’s growth story."

About Luxoft

Luxoft (NYSE:LXFT) is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare & life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges.

Luxoft has more than 13,100 employees across 41 cities in 20 countries within five continents, with its operating headquarters office in Zug, Switzerland. For more information, please visit the website www.luxoft.com

About IDC Financial Insights

IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and Events Company. For more information, please visit www.idc.com/financial, email info@idc-fi.com, or call 508-620-5533. Visit the IDC Financial Insights Community at http://idc-community.com/financial.

Forward-Looking Statements

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2017 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

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Source: Luxoft Holding, Inc

Luxoft Holding, Inc
Investor Inquires
Tracy Krumme, 212-964-9900, ext. 2404
Vice President, Investor Relations
IR@luxoft.com
or
Media Inquiries
Patrick R. Corcoran, 212-964-9900 ext. 2453
Global Director, External Relations
Press@luxoft.com
Twitter: @Luxoft