Luxoft, one of Russia’s
leading IT outsourcing development and service providers for companies like
IBM, Dell, Deutsche Bank, T-Mobile and others, announced today that it has
opened a new office in Vancouver, British Columbia.

With Luxoft locations across Europe, the Ukraine, Russia and the US, the
addition of the Vancouver office further enhances the company’s ability to
provide worldwide clientele with top notch IT resources, value-add services
and deep vertical and technical expertise.

Luxoft Vancouver will deliver top quality, highly collaborative and rapid
software development services through a specialization in the Agile
methodology. Of high interest to small and mid-sized companies and software
development firms, Luxoft has seen rising demand for Agile software
development in 2006 and has also leveraged Agile for larger clients in
industries like financial services.

Canada is a particularly attractive IT outsourcing destination for
companies in the US and North America as it serves as a nearshore alternative
offering a similar regulatory framework, time zone compatibility and common
cultural, business and language environments. In addition, geographic
proximity can benefit outsourcing engagements by lowering travel time and
costs and increasing face-to-face team interaction.

“Whether our clients are looking for a nearshore, offshore, on-site or
hybrid outsourcing model, we’re flexible enough to meet their unique needs,”
said Luxoft President and CEO Dmitry Loschinin. “Our Canadian office is a
great addition to Luxoft’s already strong business and technical
infrastructure as well as our well-educated and highly-trained international
IT talent pool. We look forward to working with companies who want to
diversify their outsourcing locations globally or explore nearshore

The Luxoft Vancouver office will be headed by Michael Vax, who has more
than 20 years of software development experience and is a certified Agile
Scrum master as well as a member of the Agile Alliance. Prior to Luxoft, Vax
served as Vice President of Product Development at WebCT managing personnel in
Vancouver, Boston, and India.