Luxoft's revenues Compound Annual Growth Rate (CAGR) since its inception in 2000 has been over 60%, representing the company's dynamic growth and its ability to retain existing client base while bringing in new customers.

Year Revenue (U.S.)$M 2000 3 2001 6 2002 8 2003 14 2004 25 2005 45 2006 64 2007 106

Year No. Of Employees 2000 100 2001 200 2002 300 2003 600 2004 1000 2005 1200 2006 2300 2007 2500 2008 3000+ (Est)

Luxoft's growth is achieved through acquiring new customers and retaining existing clients. We believe in long-term partnerships with our clients, and our relationships with the majority of customers span the company's entire existence starting in 2000. We enjoy excellent customer loyalty and strive to grow and maintain our level of performance.

Our current customer retention rate exceeds 90%. Luxoft has earned the status of preferred supplier with clients such as Boeing, IBM, DELL, and many others.

In addition to annual customer satisfaction reviews, Luxoft actively seeks our customer feedback, gathering their professional advice on company's strategic development and plans. Luxoft's annual Customer Advisory Board meetings serve as the main tool for such communication between the company and its growing customer base.

Year No. Of Clients 2000 5 2001 12 2002 20 2003 25 2004 28 2005 37 2006 45 2007 65

Luxoft's approach is based on three key components that work harmoniously to make any engagement successful.

1. Luxoft's proprietary Client Engagement Framework - a flexible roadmap to successful outsourcing engagements customized for each client. Using Luxoft's proven engagement framework, we work with our clients to achieve a smooth outsourcing experience, to highlight any hidden costs, and to mitigate common risks. Luxoft's engagement framework is flexible enough to meet each client's individual needs, yet firm enough to create repeatable patterns of success.

2. Broad line of application services and dedicated development centers - We offer full line of outsourcing services, which consists of Standard Services (Application development and maintenance, Product Engineering, Embedded Systems Development, Software Quality Assurance, and IT Infrastructure Management) and Premium services (Architecture Consulting, Security Consulting, Performance Services, and Process Consulting) . Luxoft's service line is continuously expanding over time to meet our clients' evolving needs.

Luxoft dedicated development centers are customized client-centric "Command and Control" production platforms to deliver our IT services. These centers are aligned with our client's infrastructure, development processes, project management, and resource control management to successfully carry out day-to-day operations.

3. Luxoft's offering is delivered on the firm foundation of its technology talent pool supported by shared services and Centers of Excellence. The customers enjoy Luxoft's integrated shared services such as the Knowledge Base, Quality Center, Office of the CTO, IT Support, Operations, HR and Training.

Luxoft’s core value proposition is to help clients succeed in the marketplace by applying technology, services and engineering excellence to complex problems and critical business issues, rather than just to cut IT costs by applying cheaper labor.

Clients continue to engage Luxoft based on the following differentiators:

• Engineering Excellence: Luxoft's success and growth have been first and foremost due to the company's strong engineering DNA, and the ability to build powerful, flexible and future-ready solutions for its clients.
• Deep industry expertise: Luxoft specializes in addressing the most complex and critical technology-related challenges for such industries as Banking & Finance, Telecom, Aerospace, Automotive, and others.
• Partner mindset: Luxoft builds lasting partnerships with its clients by integrating closely with  the client's organizations and achieving alignment with the clients' business objectives