Luxoft Delivers Navigation Information Platform to ERA-GLONASS

  Luxoft Delivers Navigation Information Platform to ERA-GLONASS

Business Wire

MOSCOW -- November 29, 2013

Luxoft(NYSE:LXFT), a leading provider of software development services and
innovative IT solutions to a global client base, announces successful
completion of the full cycle commercial software development of the navigation
and information platform for ERA-GLONASS.

ERA-GLONASS is a national system of emergency response, the primary purpose of
which is to save lives and reduce injuries in traffic accidents and other road
emergencies nation-wide in the Russian Federation. The system deploys a
combination of modern technologies, including telecommunications, information
processing, and satellite navigation solutions (GLONASS and GPS). One of its
primary goals is to reduce the emergency response time and enable the Single
National Emergency Call System (System112). It also enables emergency
response services to quickly receive locational and other pertinent details on
various emergencies on Russian roads and highways. The system reduces crucial
lead time between the accident and the first aid arrival by 30% on average.

ERA-GLONASS is run by Non-Commercial Partnership GLONASS (NP GLONASS), a
federal navigation network operator and the system's only operator. Under its
contract with NPGLONASS, Luxoft was operating on a tight timeline to develop
a software for the navigation and information platform, a complex country-wide
system required to interact with numerous external systems and to meet
stringent reliability and availability requirements.

In the first project stage launched in April 2013, Luxoft developed a test
prototype of the navigation and information platform for preliminary testing
of the system. The second stage started in June 2013 after successful
completion of the system testing and included development of the commercial
platform to be further rolled out across 83regions of Russia. On 31October
2013, Luxoft successfully delivered the nation-wide navigation and information
platform and currently supports NPGLONASS by performing integrated system
testing.

“Successful delivery of this challenging and vital project within a very
limited time-frame is yet another testimony of our team's professionalism and
excellence. Our deep expertise in developing software solutions for automotive
and telecommunications sectors helped us develop a top quality innovative
system,” said Dmitry Loschinin, President and CEO of Luxoft. “Serving as
evidence of our leadership in software development, successful completion of
this project is also our social contribution to the community as ERA-GLONASS
will help save thousands of lives every year throughout the country.”

According to experts, implementation of ERA-GLONASS will dramatically reduce
the number of traffic-related deaths and heavy injuries, especially in remote
locations and traffic routes, thus helping save approximately 4,000lives
every year.

About Luxoft

Luxoft 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’s core resources are located in Central and Eastern Europe, where
Luxoft has 15 delivery centers, 19 offices and presence in 12 countries,
employing near 7000 people as of the last public filing. Luxoft has principal
executive office in Zug, Switzerland and is listed on New York Stock Exchange
(LXFT US). For more information, please visit www.luxoft.com.

About Glonass Union

Non-commercial Partnership for Development and Use of Navigation Technologies
(GLONASS Union) was established on 21 May 2012 with the goal of development
and adoption of GLONASS technology-based products and services in Russia and
abroad.

GLONASS Union members (as of October 2013) are leading Russian companies in
telecommunication, IT, and navigation markets: JSC “VimpelCom”, JSC “MegaFon”,
JSC “MTS”, JSC “Navigation Information Systems”, JSC “Rostelecom”, JSC “Summa
Telecom”, Transas Group, Cesar Satellite Group, Yandex LLC, and Association
“GLONASS/GNSS Forum”.

25 May 2012 – GLONASS Union is designated the Russian National Navigation
Services Provider (Russian Federation Government Resolution No. 522)

18 September 2012 – GLONASS Union is designated as the exclusive contractor
for implementation of the ERA-GLONASS National Accident Emergency Response
System project (Russian Federation Government Resolution No. 1732-r)

Key GLONASS Union Projects

  *Building the ERA-GLONASS National Accident Emergency Response System
  *Participation in the implementation of the Republic of Kazakhstan EVAK
    National Accident Emergency Response System project
  *Participation in the implementation of the Republic of Belarus ERA-RB
    National Accident Emergency Response System project
  *Conducting joint pilot projects for the purpose of shaping the Russian
    insurance telematics market with the Russian Association of Motor
    Insurers, Mosgortrans, and other market participants

Contact:

Investor Relations:
Luxoft
Alina V. Plaia, Vice President, 212-964-9900 ext. 2404
ir@luxoft.com
 
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