IBS Group Member Provides ERP Support to Moscow City Telephone Network

    IBS Group Member Provides ERP Support to Moscow City Telephone Network

  PR Newswire

  RAMSEY, the Isle of Man, December 3, 2012

RAMSEY, the Isle of Man, December 3, 2012 /PRNewswire/ --

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

IBS Group , a leading software development and IT services provider in Central
and Eastern Europe, announced that IBS IT Services, a member of IBS Group,
started providing integrated support to the  Moscow  City  Telephone
Network (MGTS)  -  one of Europe ' s largest telecommunications companies.

The SAP-based ERP for MGTS, commissioned in 2006, is currently used by over
1,000people and integrates most of the company's business processes
(including accounting, HR, various kinds of reporting, logistics, procurement,
controlling, and other functions).

The IBS IT Services expert team works in close liaison with the client's
competence center, providing remote user support and change management at
requests from users and competence center staff (with processing deadlines
specified in the service-level agreement and enforced through a system of
substantial fines). The work of the two teams has already been completely
aligned, which considerably streamlines the consultation and decision-making
processes. The system is supported in compliance with the custom bilateral
regulations, providing for both workflow organization and quality/quantity
control of the services rendered. The regulations are a flexible tool
modifiable at any time by agreement of the parties to meet the client's most
recent needs or incorporate best practices developed through interaction of
the teams.

Dmitry Ivitsky, Director of the IBS Service Center for Business Applications
Support , comments: " A vote of confidence from a company like MGTS for our
corporate information systems support approach means a lot to us and proves
that we are on the right track developing a business based on civilized IT 
outsourcing in the Russian market. It is safe to say now that we have
successfully completed our first task with MGTS  -  providing business
applications support without compromising the quality of service  -  and are
now methodically working to enhance the effectiveness and performance of the
supported system, as well as its users '  experience. "

In 2012, IBS Group is scheduled to launch a number of other comprehensive
outsourced ERP support projects for Russian and international companies.

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

About Moscow City Telephone Network JSC

Moscow City Telephone Network JSC (MGTS) is one of the largest local wire
communication providers in Europe. Its major shareholder is Mobile
TeleSystemsOJSC (MTS), owning directly or indirectly 99.1% and 69.7% of the
MGTS ordinary and preference shares, respectively. Moscow City Telephone
Network's constant priority is providing high-quality affordable telephone and
internet connections for Moscow residents. MGTS services over 4.4million
subscribers, with more than 470,000 ADSL internet accounts. The company
operates 253automatic telephone exchanges, and its coin-box network currently
features over 3,000landline telephones.

The company's web site: http://www.mgts.ru .


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
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