Luxoft to Sponsor the American Cancer Society Discovery Ball 2011

Moscow, New York, April 27, 2011 – Luxoft, a leading global provider of advanced application and product development services, announced today that it will serve as a gold sponsor and attend the American Cancer Society Discovery Ball 2011, taking place on April 30 in Chicago.

The Discovery Ball supports the American Cancer Society’s mission to help people stay well, get well, find cures and fight back to ensure a world with less cancer and more birthdays. The event has raised more than $8 million since its inception in 2007.

Luxoft President and CEO, Dmitry Loschinin, will serve as ambassador during the event. More than 1,000 corporate sponsors and Fortune 500 companies are expected to be in attendance.

“At Luxoft, we put great emphasis on charitable giving and involvement in causes that will improve lives in the communities where we work and live,” said Dmitry Loschinin, president and CEO, Luxoft. “Cancer impacts individuals of all ages globally and we are proud to participate in an event that raises such critical funds needed to discover new treatments and cures.”

About Luxoft

Luxoft, a member of the IBS Group is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients, such as Boeing, IBM, Harman, Avaya, Areva, Sabre and other global leaders, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models. IBS Group tickers: Xetra: IBSG:DE, Bloomberg: IBSG.GR, Reuters: IBSGq.DE.

About the American Cancer Society

The American Cancer Society combines an unyielding passion with nearly a century of experience to save lives and end suffering from cancer. As a global grassroots force with more than 100,000 volunteers in Illinois and millions elsewhere, we fight for every birthday threatened by every cancer in every community. We save lives by helping people stay well, by helping people get well, by finding cures and by fighting back. As the nation’s largest non-governmental investor in cancer research, we turn what we know about cancer into what we do. As a result, more than 11 million people in America who have had cancer, and countless more who have avoided it, will be celebrating birthdays this year. To learn more or get help, call us any time at 1-800-227-2345 or visit cancer.org.