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TMCNet:  Luxoft's Leading Position Recognised in Top Global Company Ratings During 2013

[January 02, 2014]

Luxoft's Leading Position Recognised in Top Global Company Ratings During 2013

NEW YORK --(Business Wire)--

Luxoft (NYSE: LXFT), a leading provider of software development services and innovative IT solutions to a global client base, has been highlighted for its excellence in a number of prominent global ratings during 2013.

For the eighth year in a row, Luxoft was included in the Global Services 100 rating, an authoritative objective review of the top 100 companies operating in the IT and business process outsourcing sector, built on qualitative and quantitative data.

For five straight years, Luxoft has featured in the FinTech 100 international ranking of the top global technology providers to the financial industry, categorized and evaluated by year-end revenues and percentage of revenues from sales to financial services industry clients. This year, Luxoft rose 6 places in the FinTech 100 ranking - a notable improvement on last year's already-impressive performance.

This recognition honours the company's significant experience in the financial sector and log-term relationships with leading figures on the market.


Luxoft has been consistently featured in the Software 500 list, a prestigious annual revenue-based ranking of the world's largest software and service suppliers, incorporating mid-sized to large companies, IT professionals, software developers, and business managers involved in software and services purchasing. In each of the three years the company has been included on the list, including 2013 - its position has improved: further testimony to its strengthened global position.

In 2013, Luxoft was included in The Global Outsourcing 100 list compiled by the International Association of Outsourcing Professionals, which identifies the year's best outsourcing service providers. Compared to the previous year, Luxoft rose 6 places on this ranking - strengthening its position as a leading global outsourcing company.

"I am very pleased with a significant progress 2013 brought to Luxoft. It has been a great year for us in every aspect," said Dmitry Loschinin, President and CEO of Luxoft.

"We realize that we are working in an incredibly dynamic sector and despite our wins we have to move forward building on the momentum we have created. The most prestigious IT and outsourcing rankings have confirmed our leading position on the market. As we look back at the past 12 months, we feel confident and excited moving into 2014 - we are ready to further strengthen and expand our expertise and offer more effective and innovative solutions to our clients."

About Luxoft

Luxoft is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft's software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft's solutions are based on its proprietary products and platforms that directly impact its clients' business outcomes and efficiently deliver continuous innovation. The company's core resources are located in Central and Eastern Europe, where Luxoft has 15 delivery centers, 19 offices and presence in 12 countries, employing over 7000 people as of the last public filing. Luxoft has principal executive office in Zug, Switzerland and is listed on New York Stock Exchange (LXFT US). For more information, please visit www.luxoft.com.


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