Luxoft Awarded Pegasystems Bronze Partner Status

NEW YORK--(BUSINESS WIRE)--

Luxoft Holding, Inc LXFT, a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has been named a Bronze Partner by Pegasystems Inc. PEGA, the Cambridge, MA based software company powering the digital enterprise with Better Business Software^™ that helps organizations engage customers, simplify operations, and embrace change.

Luxoft has met the criteria to become a Bronze Partner under the Pega Global Strategic Alliance Program. This means that Luxoft can now employ Pegasystems solutions in Luxoft projects, promote Pegasystems licenses on the global market, and train and certify professionals for work with business process management (BPM) and multi-channel customer relationship (CRM) solutions.

Luxoft has successfully employed Pegasystems solutions in implementing projects for leading global financial institutions. As a Bronze Partner, Luxoft will expand Pegasystems adoption within its client base. It will also work to involve Pegasystems solutions in projects in an even broader range of sectors, applying BPM and CRM solutions for client interactions, also in the telecommunications, transportation, healthcare, and retail sectors.

Vadim Iasenik, Managing Director of Western Europe at Luxoft, said, “We are pleased to have been awarded Bronze Partner status by the undoubted global leader in developing business process optimization solutions – Pegasystems. We are seeing growing market demand for BPM and CRM solutions, and Luxoft aims to deliver a comprehensive and rapid response to this increased demand. Our world-recognized innovative IT solutions – in synergy with Pegasystems – will allow us to offer complex and relevant products to our current and prospective clients on the global market. We hope that our partnership with Pegasystems will grow and flourish and view our Bronze Partner status as the first step in this cooperation.”

John Barone, Vice President of Global Strategic Alliances at Pegasystems, said, “We are excited about our collaboration with Luxoft and look forward to combining the efforts of our teams to provide innovative solutions and services that deliver transformational results to clients.. We are confident that, by adopting the latest solutions we offer, Luxoft will successfully address the challenges of today's digital enterprises globally and will enable its client base, which includes a host of leading international companies in various economic sectors, to successfully optimize their business processes. Luxoft, which operates worldwide, has the scale to help our solutions reach new clients, and we are confident that their wealth of experience in implementing complex solutions will enable it to successfully adopt our products in delivering joint projects in a variety of sectors.”

About Luxoft

Luxoft Holding, Inc 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 15 dedicated centers worldwide. It has 20 offices globally across 12 countries, employing over 7,300 people. Luxoft is incorporated in Tortola, British Virgin Islands, has an operating headquarter office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

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About Pegasystems

Pegasystems Build for Change^® Platform is the heart of Better Business Software^™. It delivers business agility and empowers leading organizations to rapidly close execution gaps and seize new opportunities. Pegasystems leverages its recognized leadership in Business Process Management (BPM), Multi-Channel Customer Relationship Management (CRM), Business Rules, and Adaptive Analytics to uniquely give its clients the power to engage customers, simplify operations and Build For Change^®. For more information, please visit us at www.pega.com.

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