Russia’s Software Development Leader Opens an Office in London

LUXOFT, Russia’s premier offshore software development destination, following its strategy of becoming a truly global company, takes new steps to increase its EMEA presence. This company’s new office in London is established to ensure its on-site presence and to support operations with the existing and prospective clients in Great Britain and the European Community. LUXOFT UK became the 6th representative office of the company abroad. With Corporate Headquarters in Moscow and software development centers in other major Russian cities, LUXOFT operates five offices in the US (Seattle, Portland, Atlanta, New Jersey and Washington DC). Mostly focused on the US market for the past several years, LUXOFT now increases its business with European companies that look forward to reduce internal software development costs by using outsourcing services. LUXOFT’s aggressive expansion plans for the year 2004 include opening of another European representative office in Frankfurt, Germany.

LUXOFT provides cost-effective software services and solutions to large and mid-sized businesses throughout the world. It offers a full spectrum of software services and solutions tailored to the needs of its clients. The combination of highly skilled personnel, unique IT solutions, and world-class services ranks LUXOFT as Russia’s top-notch offshore outsourcing vendor.

LUXOFT became the first company ever to achieve the highest ranking - CMM and CMMI Level 5 - certifications simultaneously, as well as the first company in Europe to achieve CMMI Level 5.

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LUXOFT (http://www.luxoft.com/) is the leading provider of software development and R&D services in Russia. It has built its reputation for creative problem solving and for delivery of complex solutions. LUXOFT’s work with multinational IT, manufacturing, energy, financial services and aerospace companies gives the company a solid knowledge base from which grows its vertical industry expertise. With offices in Washington, Atlanta, England, Germany, as well as several development centers across Russia and the CIS, LUXOFT serves the world’s leading companies, such as Boeing, IBM, Dell, and Deutsche Bank.

LUXOFT is a member of the IBS Group, Russia’s largest and most successful IT enterprise established in 1992. IBS now has over 3,000 employees that provide complex IT solutions to Russian, European and US customers. Shell, British Petroleum, JP Morgan, Ford, Mars, and the US Department of Energy are some of the major customers noted in the IBS roster.