Thierry Noufele joins Excelian, Luxoft Financial Services as Director Head of Vendor Solutions in the United States and Latin America

Thierry adds over 25 years of Murex experience to Excelian Luxoft’s team


New York, US – July 3, 2018 -- Excelian, Luxoft Financial Services, the financial services division of Luxoft Holding, Inc (NYSE:LXFT), today announced that Thierry Noufele has joined as Director Head of Vendor Solutions for Excelian Luxoft in the United States and Latin America.

Thierry Noufele brings over 25 years of experience within the capital markets technology industry to Excelian Luxoft. Thierry began his career as a Software Engineer at BNP Paribas and joined Murex, one of the largest trading, risk management and processing solutions for capital markets, in 1992. At Murex, he held several Executive positions in Software Development in Paris and Account Management & Business Development across North and Latin America.

Thierry will leverage this unique experience to develop Excelian Luxoft’s delivery capabilities around nearshore and offshore locations. In addition, with the help of the existing team, he will enhance the profile of the Vendor Solutions practice and extend its clients base & service offering.

“Our proven track record and commitment to being the world’s number one Murex integrator has driven our desire to expand across Europe, APAC and North America,” said Nick Thomas, Global Director of Vendor Solutions at Excelian, Luxoft Financial Services. “Thierry’s unparalleled experience and sizeable network within the industry, combined with our team’s unrivalled delivery quality, make him a natural fit for Excelian. This addition will help us continue to strengthen our technical expertise, both locally and globally, as we deliver outstanding results to our clients and grow our client base in the region.”

Thierry Noufele said, “Financial services firms are searching for ways to close the gap between front office, back office and risk now more than ever before. As the complexity of these integrations increase, so too does the risk to the business. That’s why it’s important to work with highly experienced individuals with a deep knowledge of both packaged software and the day-to-day operations of a bank. It’s this delivery philosophy, client focus and trusted reputation that make Excelian well-positioned to support its clients and I look forward to joining these efforts in the United States and Latin America.”

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 12,900 staff across 42 cities in 21 countries within five continents, with its operating headquarters office in Zug, Switzerland. For more information, please visit www.luxoft.com.

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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Media Inquiries

Robert Maccabe
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t: +44 (0)20 3828 2346; m:+44 7950 517 836
Press@luxoft.com
Twitter: @Luxoft