Luxoft : Named an Amazon Web Services Greengrass Launch Partner

NEW YORK-June XX, 2017 - Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has become an Amazon Web Services (AWS) Greengrass launch partner and will be participating in the AWS public launch event in San Francisco, California.

AWS Greengrass is software that allows connected devices to run AWS Lambda functions locally, keep device data in sync, and communicate with other devices securely - even when not connected to the Internet. Moving these functions from the cloud onto devices that generate the data significantly reduces the time required to turn information into action, while also removing the need for constant connectivity.

'With the explosion of data streaming in through millions of devices and sensors, the ability to quickly translate that data into meaningful action has become a key challenge for many enterprises across a diverse set of industries,' said Chris Ingrao, Global Director, Luxoft's IoT Center of Expertise. 'AWS Greengrass enables a device to perform near real-time analysis and take associated action in a fraction of the time, even without internet connectivity. Whether it is information processed in a car while it's driving down the highway, in lifesaving machines in a hospital emergency room, or on an offshore oil rig in the middle of the ocean, intelligence at the edge has the potential to revolutionize entire industries.'

Luxoft has also achieved AWS IoT Competency Consulting Partner status for providing domain knowledge in IoT that helps organizations implement capabilities for a variety of industry use cases around smart cities, vehicles, factories, infrastructure, retail stores, energy grids, office buildings, laboratories, and many more. The launch of AWS Greengrass provides Luxoft with the ability to bring this IoT expertise to the edge and to the device itself, allowing it to seamlessly run IoT applications on AWS and local devices.

About Luxoft
Luxoft Holding, Inc (NYSE:LXFT) 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 develops its solutions and delivers its services from 34 cities with dedicated delivery centers worldwide. It has over 12,700 employees across 39 cities in 19 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

Forward-Looking Statements
This news release of Luxoft Holding, Inc ('Luxoft') contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as 'believe,' 'may,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'should,' 'plan,' 'expect,' 'predict,' 'potential,' or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading 'Risk Factors' in Luxoft's Annual Report on Form 20-F for the year ended March 31, 2016 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.
Contacts:
Patrick R. Corcoran, 212-964-9900, ext. 2453
Global Director, External Relations
[e-mail]
All trademarks are recognized and are the property of their respective companies.