Zug, SWITZERLAND – 21 March, 2018 – Luxoft Holding Inc (NYSE:LXFT), a global IT service provider, has won three awards at the 12th annual Employer Branding Awards held at the 2018 World HRD Congress in Mumbai, India. Luxoft received the honours for ‘Best Use of Voice of the Employee’ for creating the Luxoft Ambassador Club – a global community of technology experts brought together from different areas of the business that promote Luxoft’s values; ‘Best Journal or Magazine for Knowledge Management’ for its technology magazine, LoGeek, with each edition read by over 60,000 IT software engineers; and ‘Best Talent Acquisition Model of the Year’ for its revamped approach to raising awareness of Luxoft and improving engagement with the best talent in the IT industry.

“We are delighted that our work towards attracting and keeping Luxoft employees inspired and motivated has been recognized at these awards,” said Evgenia Nikitina, Global Employer Branding Director at Luxoft. “By using the power of Luxoft’s extensive industry networks and human resources, we strive to ensure the great work being done at Luxoft is seen and heard by all. This will ultimately help Luxoft grow and foster a working environment that breeds success.”

Luxoft’s presence in APAC set to bloom

The awards presented in Mumbai coincide with the Company’s growing presence in the IT services sector in India and Asia Pacific. As part of its commitment to developing its delivery centre in India, Luxoft recently revamped the infrastructure of its office in Bangalore to cater for new roles, which has already increased its headcount by over 20% since opening in October 2017.

With revenue generated from APAC growing steadily, Luxoft is responding to demand from businesses in Singapore, Australia, Malaysia and China to deliver IT services from nearshore locations. As such, the company is looking to leverage its global talent network highlighted at the Employer Branding Awards in APAC and increase its headcount in the region.

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.

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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Patrick R. Corcoran
Global Director, External Relations
212-964-9900 ext. 2453
Twitter: @Luxoft