ROSS 2005: LUXOFT Outsourcing Roundtable to Feature Industry Leaders From Deutsche Bank, AT Kearney and Varitools

Best Practices for Offshore Relationships, Processes & Results Will Drive A Dynamic Discussion at Russia’s Leading Outsourcing Event

Moscow, Russia & Montvale, NJ - June 8, 2005 -- In step with its mission to deliver high quality IT outsourcing to companies around the globe, LUXOFT - Russia’s leading software developer and services exporter - will host a best practices roundtable featuring experts from Deutsche Bank, AT Kearney and others next week at the Russian Outsourcing and Software Summit (ROSS 2005) in St. Petersburg. The session entitled “Taking The Guess Work Out of Outsourcing: How to Create and Manage Successful Offshore Engagements ” will take place on June 17.

The event will feature Rajiv Shah of AT Kearney, Yuri Shutovsky of Deutsche Bank and Dmitry Loschinin the President & CEO of LUXOFT offering hands-on insights into key success factors for building and sustaining strong outsourcing relationships, processes and results. The panel will be moderated by Dean Lane of Varitools.

Furthering LUXOFT’s involvement at the forum, Loschinin will be featured on the “Consolidation in the Russian Outsourcing Industry: Trend that Clients and Vendors Should Watch” panel and LUXOFT’s Vice President and Chief Marketing Officer Lilia Tsalalikhin will participate in the “Best practices of IT outsourcing and software development” roundtable.

LUXOFT, who is also a silver sponsor for the show, has been involved in ROSS since it was first hosted in 2001, with LUXOFT people sharing best practices for building successful outsourcing relationships and delivering quality software and solutions based on their proven, offshore engagement model.

About LUXOFT

LUXOFT, a global IT company, is Russia’s leading software developer and IT services exporter. The company which was founded in 2000 and is a member of the IBS Group has operations in the US, UK and Russia.

Leveraging a unique, proven offshore engagement model, LUXOFT provides a full range of world class, custom software development services for IT solutions on various platforms and technologies. LUXOFT’s software development processes meet the highest quality standards and the company was the first in Europe to achieve Level 5 CMMI quality certification. LUXOFT runs research and offshore development centers in Moscow, St. Petersburg, Dubna and Omsk. LUXOFT enjoys long-term business relationships with clients across IT, Manufacturing, Energy, Aviation, Finance and Government sectors including some of the best-known global Fortune 500 corporations such as Boeing, Deutsche Bank, IBM, Citibank, and Dell. Luxoft also works closely with many mid-size growth companies.

About Ross 2005

Hosted by RUSSOFT, the software development consortium which is part of the Russian Information and Computer Industry Association (APKIT), ROSS 2005 will focus on the progress and prospects of the Russian and Commonwealth of Independent States’ (CIS) export software markets. The forum (June 15-18) provides a dynamic setting to exchange expertise, discuss global competitive positioning, and provide the opportunity for leading companies and Russian-speaking service & product providers to connect. Over 500 attendees across corporate, vendor, government, media and analyst audiences are expected to attend.

For More Information on ROSS 2005 click on http://www.soft-outsourcing.com