Luxoft Appoints New Managing Director in Stuttgart, Germany

NEW YORK--()--Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced Dr. Peter Mossack has joined the company as Managing Director for the Company’s location in Stuttgart, Germany.

“We are pleased that Peter has joined our team”

With 20 years of experience in the areas of research and development of system and software applications, Dr. Mossack will continue to build and expand Luxoft’s automotive research and development activities in Germany. He will also be responsible for running the day-to-day operations and most importantly overseeing client delivery.

Prior to joining Luxoft, Dr. Mossack served as an independent management consultant, providing services to Harman Becker Automotive Systems, Fraport AG, and Volkswagen AG. Dr. Mossack also held the position of Chief Technology Officer at Software AG and Nemetschek AG. He holds a Ph.D. in plasma physics from the University of Manchester Institute of Science and Technology.

“We are pleased that Peter has joined our team,” said Dmitry Kushnir, Luxoft’s Vice President for Global Delivery. “His professional background in research and development, along with operational management are essential for continued success in developing our presence Germany. Most importantly, Peter’s career is marked with innovation and leadership in the areas of software and product design, market strategy, and technology.”

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT US) 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 develops its solutions and delivers its services from 18 dedicated delivery centers worldwide. It has over 8,300 employees across 22 offices in 14 countries in North America, Mexico, Western and Eastern Europe, and Asia Pacific. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

Contacts

Luxoft Holding, Inc
Alina V. Plaia, +1 212-964-9900 ext. 2404
Vice-President, Global Communications
IR@luxoft.com
or
Patrick R. Corcoran, +1 212-964-9900 ext. 2453
Manager, Public Relations
pcorcoran@luxoft.com

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