Founded in 1992, IBS Group Holding Limited (IBS Group) is the leading provider of IT services and IT solutions in Russia, the CIS and worldwide. Throughout its 16-years history, the Group has been the ultimate trendsetter in the Russian IT industry, delivering quality solutions to key business customers and government organizations.

IBS Group commands top positions in its business fields: IT services, management consulting, IT consulting, implementation of business applications, IT outsourcing, software development and computer hardware manufacturing.

The Group’s structure combines three core business segments:
- IT Services (represented by IBS IT Services) IBS has completed merge with Borlas in October 2007
- Software Deveopment (represented by Luxoft)
- Computer Hardware Manufacturing (represented by Depo Computers)

Each company of the Group holds leading positions in its corresponding IT market segment. Companies of the Group were constantly ranked #1 in the most established IT analysts’ ratings. In particular:
- IDC recognized IBS as an absolute IT Services market leader for 2006 and 2007.
- Depo Computers was ranked #1 PC manufacturer by IDC and Gartner in 2006 and 2007.
- Luxoft was granted the title of the World’s #1 IT Outsourcing Product Engineering Vendor 2006 (Black Book of Outsourcing by Brown & Wilson Group, Inc.).

The Group’s shares are listed at the Frankfurt Stock Exchange in the form of global depositary receipts (GDRs). Institutional investors hold 34.9% of the Group’s equity capital.

The Group reported US$1,051.9 million (US GAAP) in consolidated operating revenues for the financial year ended March 31, 2008.

The headcount of the Group totals approximately 6,800 employees.

The Group’s business geography spans Russia, the CIS, Europe, the U.S. and Canada and Vietnam.

Mr. Anatoly Karachinsky is President & CEO of IBS Group.

Additional information can be found at IBS Group’s Web site at www.ibsgr.com