IBS Group Builds New Generation of IT Professionals with Master's Degree Programme

   IBS Group Builds New Generation of IT Professionals with Master's Degree
                                  Programme

  PR Newswire

  RAMSEY, the Isle of Man, November 8, 2012

RAMSEY, the Isle of Man, November 8, 2012 /PRNewswire/ --

    Please refer to relevant legal information at the end of the document

IBS Group has welcomed a new enrolment in the IBS master's degree programme
designed to train professionals for the IT industry at two of Moscow's leading
technical universities. The 40 students majoring in business software
application will undertake internships at IBS to gain first-hand project
experience, with the prospect of subsequently joining the company on a
permanent basis.

Launched in 2006 by IBS IT Services, a subsidiary of IBS Group, the programme
is run in collaboration with Moscow Institute of Physics and Technology (MIPT)
and the National University of Science and Technology (MISiS) to fill the most
sought-after positions in the Russian IT industry. Students are selected by
the company and the universities: IBS interviews every candidate, with
successful applicants going forward to competitive entrance exams to secure a
place on the programme.

Students who successfully complete the two-year programme receive a diploma
from MIPT or MISiS, and most are invited to pursue a career at IBS Group. In
the six years since the programme's inception, IBS has helped to train more
than 200 professionals.

Natalia  Yechkalova, Director,  IBS Academy : " The IBS master ' s degree
programme is a key tool in recruiting young talent with expertise in our
sector. We see the programme as a model for professional training geared to
the needs of real business. This year, we are taking our efforts to a new
level by adding the Information Business Systems Chair in the Business
Informatics Department at the Higher School of Economics to the training
programme we currently have with MIPT and MISiS ."

The programme curriculum was developed with direct input from IBS Group
experts involved in real projects, and a number of courses are delivered by
IBS Group employees. It combines traditional and advanced methods and
techniques, including case studies, business games, training workshops, vendor
technology training, student projects, and computer-aided testing.

IBS has helped the universities to equip their facilities to deliver training
in line with industry-leading technology standards, incorporating the latest
IT systems and solutions into the programme. To fully immerse students into
the practice of the IT business, IBS Academy gives lectures on a wide range of
subjects, complemented by meetings with key Group employees and project
leaders, tours of business units. This gives graduates fundamental and
technology-specific knowledge in their areas of training, combined with a
hands-on project experience.

About IBS Group Holding Limited

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 .

Disclaimer

The information contained in this press release is not for publication,
distribution or release, directly or indirectly, in any jurisdiction where
such publication, disclosure or release would be unlawful. This press release
does not constitute an offer for the sale of securities in the United States
of America, Canada, Australia, Japan or any other jurisdiction in which an
offer would be subject to legal restrictions.

Contact: Investor Relations: Andrei Novikov, IR Director, tel: +7(495)967-8000
(ext.3095), anovikov@ibs.ru; Media Relations: Ekaterina Beskhizhko, PR
Manager, tel: +7(495)967-8080 (ext.2363), ebeshizhko@ibs.ru
 
Press spacebar to pause and continue. Press esc to stop.