WARSAW, Poland — October 30, 2017 – Luxoft Holding, Inc. (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, has announced the opening of a new office in Warsaw, Poland.

Increasing demand for the Company’s services in Warsaw, particularly from international banks, and access to high-caliber IT talent in Poland drove the decision to open the new office. In particular, soaring implementations of Murex technology systems into global banks from Poland led to the number of Murex specialists employed by Luxoft in Warsaw to increase fivefold in the last 12 months. 1

Luxoft also supports the financial processes of global automotive manufacturers from its Warsaw location. This is one of the fastest growing areas of the business globally. The new office should help ensure Luxoft continues to meet both the strong demand for advanced financial services technology in Central and Eastern Europe and puts the company in a position to capitalize on the growth opportunities in other industries from Poland.

“Warsaw specialists are in charge of IT support for international platforms which enable the annual trading of billions of dollars,”

 said Wojciech Mach, Managing Director Central Europe at Luxoft.

“These advanced services are an important part of Excelian Luxoft’s services, and rely on specific know-how and experience in cooperating with financial markets.”

Luxoft has successfully operated in Poland for seven years and works with 15 international companies from its base in Warsaw alone. Since opening its first office in Krakow, Poland in 2010, Luxoft expanded quickly and now operates in four locations across the country – Krakow, Warsaw, Wroclaw and Tri-city. The new office is located on the 36th floor of the Warsaw Spire – the highest office building in the city.

“A great deal of clients choose to work with Luxoft in Poland because of the high quality of services we provide and the people we hire. Together with other countries of Central and Eastern Europe, Poland provides access to world class software engineers that keep clients coming back to work with us,”

 concluded Przemysław Berendt, Global Marketing Vice President at Luxoft.