IBS Group Member Displays its Demand Management Platform at CeBIT 2013 Conference in Hannover

    IBS Group Member Displays its Demand Management Platform at CeBIT 2013
                            Conference in Hannover

  PR Newswire

  RAMSEY, the Isle of Man, March 6, 2013

RAMSEY, the Isle of Man, March 6, 2013 /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, announces that Luxoft , a member of the IBS Group, has
been selected to exhibit its Demand Management Platform, DMFusion 2.0 at CeBIT
2013 , the international conference and exhibition, that takes place in
Hannover, Germany, March 5-9, and is the world's most important event for the
digital economy, showcasing the latest trends and drivers of new business as
well as serving as a high energy meeting place for all industry sectors.

Luxoft's Demand Management Platform, DMFusion 2.0 with its advanced
cloud-based analytical Big Data module impressed the jury of high-tech
innovation competition organized by the Greenkubator , Ukrainian organization
that promotes best-in-class IT innovations within energy sector. Greenkubator
presented DMFusion as one of the most remarkable innovations at the Code_N
contest, where it finally became one of the top innovations in Smart Grid
automation and was honored to be presented at CeBIT 2013.

" We are extremely proud to receive this esteemed invitation which proves our
R&D expertise and ability to deliver bottom-line results in Green Energy and
Grid Management, " says Michael Minkevich, Luxoft ' s Vice President of
Technology Services. 

Luxoft operates a dedicated in-house R&D center to design and build software
platforms specifically for the energy and utilities market. These innovative
platforms are easily customizable to fit the unique requirements of client's
products and help to significantly reduce time-to-market and overall
development costs.

Luxoft's DMFusion uses a layered architecture designed to integrate
transmission and distribution grid components and to visualize the events and
issues on the grid to manage the events and alerts. Its open, scalable,
web-based architecture makes the platform easily adaptable to concrete
processes, which helps empower existing solutions with advanced workflows,
grid and events visualization, and decision support automation.

To learn more about DMFusion 2.0 and Luxoft's services and solutions for Smart
Grid, distribution management, market management, demand response, mobile
applications, and supervisory control and data acquisition (SCADA)
integration, please visit http://www.luxoft.com/energy .

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 or


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
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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.2963), ebeshizhko@ibs.ru
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