Company Release - 2/17/2016 4:00 AM ET

Proof-of-concept illustrates technology partnership enabling the deployment and management of Virtual Network Functions (VNF) and applications

NEW YORK--(BUSINESS WIRE)-- Luxoft Holding, Inc, Cobham Wireless and Telefónica, today announced the successful results from the industry test and the demonstration consisting of virtual network elements. The latter, will be conducted at many upcoming major industry events. This technological advance decreases time-to-market for Network Function Virtualization (NFV) and Virtual Network Function (VNF) vendors.

The breakthrough was performed on Luxoft’s Network Function Virtualization Orchestration platform SuperCloud, using Telefónica’s Open-VIM (Open Virtual Infrastructure Manager), part of the OpenMANO (Open MANagement and Orchestration) stack that Telefónica released as Open Source in March 2015, and Cobham Wireless’s TeraVM test solution in a VNF and a VNF-Controller configuration.

The demonstration shows the “set-up, testing, and break-down” of a test bed consisting of virtual network elements, where the device-under-test could be either a Virtual Network Function or a series of VNF’s forming a Network Service. The same process is showcased at this week’s ETSI NFV#13 event in Dublin, Ireland and the following week at Mobile World Congress in Barcelona, Spain.

The successful proof of concept demonstrates that the partnership of Luxoft, Cobham Wireless and Telefónica can cover the full spectrum of steps necessary to orchestrate and automate the entire lifecycle of VNFs, which is integral to enabling faster time-to-market and reducing operational overhead.

“We are delighted to be leading the way in supporting the development and deployment of NFV and VNF technology with our market-leading TeraVM virtual test solution,” said Robert Winters, TeraVM Director at Cobham Wireless. “This demonstration paves the way for widespread adoption of virtualized network technology anticipated during 2016 and beyond.”

“Luxoft is extremely excited about the maturation of our partnership in the increasingly demanding NFV ecosystem,” said Vasily Suvorov, Luxoft’s Vice President for Technology Strategy. “The two most important benefits shown during this demonstration, faster time-to-market and reduction of operational overhead, are applicable to carriers, operators, large and niche VNF vendors, and many others. We believe that the collaboration between Luxoft, Cobham Wireless, and Telefónica is quite unique as we can serve essentially all aspects of the market, an unparalleled offering today.”

“Supporting our customers in the agile roll-out of new services is of paramount importance to Telefónica,” said Antonio Elizondo, Head of Network Virtualisation Strategy and Technology, Global CTO Unit, Telefónica. “Collaborations with industry players like Cobham Wireless and Luxoft shows how we can offer and increase our capability to provide a complete multi-vendor NFV solution where we can rely on Open Source projects acting as de facto standards.”

The demonstration will be available to view at MWC at both the Luxoft Executive meeting room 2EMR.K5 in Hall 2 and at the Cobham Wireless booth in Hall 6 at Stand 6D50.

About Luxoft
Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 27 dedicated delivery centers worldwide. It has over 10,000 employees across 31 offices in 17 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit

About Cobham Wireless
Delivering state-of-the-art wireless and connectivity solutions that give our customers a competitive edge.

We are global leaders in the provision of advanced wireless coverage and mobile communications systems, producing innovative, cost-effective solutions that address market requirements for improved connectivity, greater capacity and better quality of experience.

Our intelligent digital Distributed Antenna Systems (DAS), along with our advanced network validation tools for mobile and IP networks, will help propel your network to the next generation.

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, 2015 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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Luxoft Holding, Inc
Alina V. Plaia, 212-964-9900 ext. 2404
Vice-President, Global Communications
Patrick R. Corcoran, 212-964-9900 ext. 2453
Manager, Public Relations
Cobham Wireless
Laura Clifton, +44 (0)1494 777000
Marketing Director
Chris Donkin, +44 (0)207 434 5553
Babel PR

Source: Luxoft Holding, Inc