Strong Presence in Sync With Company’s Market Leadership & Commitment To Russian IT Industry

Moscow, Russia --April 25, 2005 -- As companies from around the globe gather in St. Petersburg this summer for the Russian Outsourcing and Software Summit (ROSS 2005), LUXOFT -- Russia’s leading software developer and services exporter -- will be acting as a Silver Sponsor and speaker.

LUXOFT has been involved in this prestigious business and technology event 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.

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.

During the program LUXOFT’s President and CEO Dimtry Loschinin will speak about LUXOFT’s successful relationship and award-winning CRM solution developed with Deutsche Bank at the ITCI panel “Financial Applications Outsourcing in Russia: Practical Benefits and Unique Advantages.”

In addition, LUXOFT will host a panel entitled “Taking The Guess Work Out of Outsourcing: How to Create and Manage Successful Offshore Engagements.” This session will feature leading industry experts and offer practical insights into key success factors for building and sustaining strong outsourcing relationships, processes and results.

“It is an amazing time of market growth and innovation for Russian IT outsourcing,” said LUXOFT’s Loschinin. “We look forward to coming together with our industry colleagues and global business leaders at ROSS to continue expanding Russia’s prominence on the global outsourcing stage.”

As an important part of expanding Russia’s outsourcing market includes strengthening its marketing muscle, LUXOFT’s Vice President and Chief Marketing Officer Lilia Tsalalikhin –formerly with IBM Global Services and Software Marketing - will also share her expertise on the “Why do Businesses Go to Russia for Outsourcing?” roundtable at ROSS 2005.


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 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.

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