Luxoft Extends Global Delivery Network with Opening a Second Delivery Location in Poland

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Luxoft announced the opening of its delivery center in Poland, which will be the second in the country and the 19th for Luxoft world-wide.

Luxoft, a member of the IBS Group and a global provider of advanced application and product development services, today announced the opening of its delivery center in Poland, which will be the second in the country and the 19th for Luxoft world-wide. The new facility, located in Wroclaw, will offer a comprehensive portfolio of application and product development services for large enterprises and product development companies with an enhanced focus on solutions for banking and financial services industry. Poland is the fourth largest global delivery location for Luxoft, which opened its first Polish office in Krakow in 2010.

With expanding its presence in the country, Luxoft capitalized on its favorable experience at Krakow location and is now becoming one of the largest IT companies in Poland. The country’s culture and educational system complement those at other global dedicated delivery centers, and furthers Luxoft’s core culture of innovation, engineering excellence and flexibility. The new Wroclaw office is planning to hire 100 engineers in the next twelve months and the management forecasts the headcount increase to 750 specialists in the next two years.

Poland is known for its deep pool of highly-skilled IT engineers with multi-language capabilities, strategic location relative to major European cities and the region’s economic strength. The Luxoft Poland office will be headed by Wojciech Mach, who has years of business development, operation start-up, and management experience.

”We are very pleased with the level of Luxoft’s success in building up software development and delivery practice in Poland, which is rapidly becoming of strategic importance for the Company. Luxoft Poland started in 2010 with a team of 100 engineers and thanks to a series of undisputed advantages, including technology expertise, culture, logistics, geography, education and legal framework, Luxoft made its commitment to a significant growth in the country. We are looking forward to developing Wroclaw center into a Company’s another excellent dedicated delivery location that contributes to the advantages for our clients through engineering excellence and unparalleled domain expertise,” - said Wojciech Mach, Managing Director, Luxoft Poland.

About Luxoft

Luxoft, a principal subsidiary of IBS Group, is a provider of advanced application and software engineering outsourcing services for global and regional enterprises. Luxoft builds partnerships with its clients, such as Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, and Sabre based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers international delivery capability through its network of state-of-the-art delivery centers in North America, Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, proprietary processes and methodologies, and a choice of engagement models. For more information, please visit http://www.luxoft.com.

About IBS Group

IBS Group is a leading software development and IT services provider in Central and Eastern Europe. Through its two principal subsidiaries, Luxoft and IBS IT Services, it offers a wide variety of information technology services, such as software development and IT services outsourcing, IT infrastructure and business applications implementation. IBS Group has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Vietnam and Singapore. IBS Group employs more than 8,300 people worldwide. In the year ended March 31, 2012, the Group reported US GAAP consolidated revenues of USD816.3 million. IBS Group's Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F)
For more information about IBS Group please visit http://www.ibsgr.com

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Alina Plaia
Luxoft
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