Moscow, 27 November 2013 - Luxoft (NYSE: LXFT), a leading provider of software development services and innovative IT solutions to a global client base, announces successful completion of the full cycle commercial software development of the navigation and information platform for ERA-GLONASS.
ERA-GLONASS is a national system of emergency response, the primary purpose of which is to save lives and reduce injuries in traffic accidents and other road emergencies nation-wide in the Russian Federation. The system deploys a combination of modern technologies, including telecommunications, information processing, and satellite navigation solutions (GLONASS and GPS). One of its primary goals is to reduce the emergency response time and enable the Single National Emergency Call System (System 112). It also enables emergency response services to quickly receive locational and other pertinent details on various emergencies on Russian roads and highways. The system reduces crucial lead time between the accident and the first aid arrival by 30% on average.
ERA-GLONASS is run by Non-Commercial Partnership GLONASS (NP GLONASS), a federal navigation network operator and the system's only operator. Under its contract with NP GLONASS, Luxoft was operating on a tight timeline to develop a software for the navigation and information platform, a complex country-wide system required to interact with numerous external systems and to meet stringent reliability and availability requirements.
In the first project stage launched in April 2013, Luxoft developed a test prototype of the navigation and information platform for preliminary testing of the system. The second stage started in June 2013 after successful completion of the system testing and included development of the commercial platform to be further rolled out across 83 regions of Russia. On 31 October 2013, Luxoft successfully delivered the nation-wide navigation and information platform and currently supports NP GLONASS by performing integrated system testing.
“Successful delivery of this challenging and vital project within a very limited time-frame is yet another testimony of our team's professionalism and excellence. Our deep expertise in developing software solutions for automotive and telecommunications sectors helped us develop a top quality innovative system, “ said Dmitry Loschinin, President and CEO of Luxoft. “Serving as evidence of our leadership in software development, successful completion of this project is also our social contribution to the community as ERA-GLONASS will help save thousands of lives every year throughout the country.“
According to experts, implementation of ERA-GLONASS will dramatically reduce the number of traffic-related deaths and heavy injuries, especially in remote locations and traffic routes, thus helping save approximately 4,000 lives every year.
Luxoft 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’s core resources are located in Central and Eastern Europe, where Luxoft has 15 delivery centers, 19 offices and presence in 12 countries, employing near 7000 people as of the last public filing. Luxoft has principal executive office in Zug, Switzerland and is listed on New York Stock Exchange (LXFT US). For more information, please visit www.luxoft.com.
About Glonass Union
Non-commercial Partnership for Development and Use of Navigation Technologies (GLONASS Union) was established on 21 May 2012 with the goal of development and adoption of GLONASS technology-based products and services in Russia and abroad.
GLONASS Union members (as of October 2013) are leading Russian companies in telecommunication, IT, and navigation markets: JSC “VimpelCom”, JSC “MegaFon“, JSC “MTS”, JSC “Navigation Information Systems”, JSC “Rostelecom”, JSC “Summa Telecom”, Transas Group, Cesar Satellite Group, Yandex LLC, and Association “GLONASS/GNSS Forum”.
25 May 2012 – GLONASS Union is designated the Russian National Navigation Services Provider (Russian Federation Government Resolution No. 522)
18 September 2012 – GLONASS Union is designated as the exclusive contractor for implementation of the ERA-GLONASS National Accident Emergency Response System project (Russian Federation Government Resolution No. 1732-r)
Key GLONASS Union Projects
· Building the ERA-GLONASS National Accident Emergency Response System
· Participation in the implementation of the Republic of Kazakhstan EVAK National Accident Emergency Response System project
· Participation in the implementation of the Republic of Belarus ERA-RB National Accident Emergency Response System project
· Conducting joint pilot projects for the purpose of shaping the Russian insurance telematics market with the Russian Association of Motor Insurers, Mosgortrans, and other market participants
Investor Relations:Alina V. Plaia
(212) 964-9900 (ext. 2404)