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IBS Group Member Partners with Parallels to Enter Desktop Virtualisation Market

   IBS Group Member Partners with Parallels to Enter Desktop Virtualisation
                                    Market

  PR Newswire

  RAMSEY, Isle of Man, March 14, 2013

RAMSEY, Isle of Man, March 14, 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 IBS IT Services , a member of IBS Group,
and Parallels ,Inc. have signed an agreement to develop and promote a cloud
solution for corporate virtual desktop infrastructures(VDI). The companies
will invest USD1.2m in the project and ensure certification of the developed
solution for local use. The project is expected to take two years.

The solution to be developed by IBS IT Services and Parallels will be used for
building VDIs of almost unlimited scale, up to hundreds of thousands of
virtual desktops. Along with that, the chosen approach will allow clients to
deploy a VDI two times faster, reduce hardware management costs, ensure a
higher level of cyber security, and increase efficiency of user software and
data management. With a VDI solution in place, users can connect to their
virtual desktops in a corporate private cloud from any geographic location
that has Internet access, and from any device, including smartphones, tablets,
and mobile computers.

In cooperation with IBS IT Services, Parallels will improve the existing
virtualisation platform based on its Parallels Virtuozzo Containers (Windows)
and Parallels Virtual Automation products. Additionally, a new component named
Parallels Connection Broker will be developed.

" The new component will enable us to offer a seamless and complete solution
for building virtual desktop infrastructures based on software provided by one
vendor, which ensures higher reliability. Besides, according to IBS and
Parallels '  estimates, it will cut the deployment time at least by half
compared to traditional integration projects and reduce the roll-out costs by
40 to 50% ," said Sergey Matsotsky, Senior Vice President of IBS Group .

According to the agreement, IBSGroup's contribution to the product
development will include formulation of design specifications for the
components and investment in software engineering. After the development phase
is completed, IBS Group will liaise with Russian authorities to have the
product certified, so that both business entities and governmental agencies
will be able to use the solution.

IBS Group will promote the solution in Russia, while Parallels plans to offer
it internationally.

" Private clouds are not exactly a traditional market for Parallels. The
company is still focused on products meant for hosting providers and telecom
operators, but simultaneously we seek application for technologies we create
in adjacent areas ," said Birger Steen, CEO of Parallels . " The Parallels
Virtuozzo Containers platform doubles or triples virtual environments ' 
density per server compared to hypervisors. This makes it an ideal solution
for large and super large organisations that contemplate a roll-out. However,
we also see opportunities for application of the solution in Hosted VDI
projects using clouds of hosting providers and telecom operators ."

According to IBS IT Services own research, the potential market for Enterprise
Virtual Workspace-class solutions (including VDI solutions) in Russia will
reach 2million virtual desktops by 2015, which translates into USD80-120m in
monetary terms.

There are a number of ongoing or planned projects in Russia that use
Enterprise Virtual Workspace approaches. For example, the Federal Tax Service
has scheduled a pilot project for 5,000 virtual desktops. Potentially, the
system can be scaled up to involve 120,000 FTS employees.

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)

About Parallels

Parallels is a worldwide leader in hosting and cloud service enablement and
desktop virtualization. Founded in 1999, Parallels is a fast-growing company
with more than 900 employees in North America, Europe, and Asia.

For more information, please visit http://www.parallels.com/spp , follow us on
Twitter at http://www.twitter.com/ParallelsCloud , and Like Us on Facebook at
http://www.facebook.com/ParallelsCloud .

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.

For more information about IBS Group please visit http://www.ibsgr.com

Contact: 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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