Luxoft Grants Scholarships to Top IT students of HCMC University of Natural Science and HCMC University of Agriculture and Forestry

Released on: October 29, 2008, 8:28 am

Press Release Author: Julia Simonova / Luxoft

Industry: Software

Press Release Summary: Luxoft, a global provider of high-end application and product
development services, today announced that they have recently granted scholarships
to students at two leading universities in Ho Chi Minh City, the Information
Technology Faculty at the HCMC University of Agriculture and Forestry and the HCMC
University of Natural Science.

Press Release Body: Ho Chi Minh City; October 29, 2008 - Luxoft, a global provider
of high-end application and product development services, today announced that they
have recently granted scholarships to students at two leading universities in Ho Chi
Minh City, the Information Technology Faculty at the HCMC University of Agriculture
and Forestry and the HCMC University of Natural Science.

Ten students at each university were awarded scholarships based on their coursework
and demonstrated excellence in the field of Computer Science.

Developing close relationships with leading universities in Ho Chi Minh City is an
important factor in enabling Luxoft to achieve its goal of attracting, training and
employing the world's best talent. These scholarships demonstrate Luxoft's
dedication to fostering growth of IT talent across the globe.

"We believe that the growth of our company is not viable without the simultaneous
development of the world's IT industry and continuous development of highly
qualified IT resources," said Cuong La Manh, head of Luxoft in Vietnam. "As a global
IT leader, we are dedicated to the development of hi-tech industry and the creation
of new IT jobs all over the world."

In addition to working with universities in Vietnam, Luxoft cooperates with leading
Russian and Ukrainian technical education institutions such as Moscow State
University, St. Petersburg University of Information Technologies, Mechanics and
Optics, National University of Ukraine (KPI), and others. Luxoft is a regular
sponsor of the annual ACM International Collegiate Programming Contest.

About Luxoft
Luxoft, a member of the IBS Group, is an emerging global leader in application and
product engineering outsourcing services for enterprise IT organizations and
software vendors. Luxoft builds lasting partnerships with its clients, such as
Boeing, Deutsche Bank, UBS, Dell, IBM, Sabre, and other global leaders, based on the
culture of engineering excellence, innovation, and deep domain expertise. Luxoft
offers global delivery capability through its network of state-of-the-art delivery
centers in North America, Central & Eastern Europe, and Asia. Luxoft's customers
benefit from the right mix of technology skills, industry knowledge, best-of-breed
processes and methodologies, and a choice of engagement models.

Luxoft is the recipient of the 2007 Frost & Sullivan Global Outsourcing Growth
Excellence & Customer Value Leadership Award, as well as the Applied Innovation
Award from the IAOP and Wipro, ITAA and Forbes (together with Deutsche Bank). For
more information visit: www.luxoft.com.

Web Site: http://www.luxoft.com

Contact Details: Julia Simonova
Luxoft
Tel: +1 (212) 964 9900 (ext.228)
Email: Jsimonova@luxoft.com

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