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Press release from Business Wire

Luxoft Teams Up with Atmel to Complement its Application Development Services with ZigBee® Smart Energy™ Offering

<p class='bwalignc'> <i>High Quality Hardware Design and Software Development Expertise Reduce Time to Market & Costs Associated with Wireless Energy Device Creation for Original Equipment Manufacturers (OEMs)</i> </p>

Tuesday, January 10, 2012

Luxoft Teams Up with Atmel to Complement its Application Development Services with ZigBee® Smart Energy™ Offering07:12 EST Tuesday, January 10, 2012 MOSCOW & NEW YORK (Business Wire) -- Luxoft, a member of IBS Group and provider of advanced application and software engineering outsourcing services, today announced its collaboration with Atmel® Corporation (Nasdaq: ATML), a leader in microcontroller, touch technology and wireless solutions, to offer a broad range of wireless application development and quality assurance services designed specifically for ZigBee® Smart Energy™ standards. Through this collaboration, Luxoft's advanced application development, radio frequency (RF) design, and quality assurance and testing services will complement the three pillars of Atmel's superior Smart Energy™ offering – power consumption, range performance and system software. Together, Luxoft and Atmel will help OEMs and system integrators across diverse markets reduce timelines and development costs associated with bringing new innovative energy solutions to market. “We are pleased to work with Luxoft, as the relationship adds another vital capability to our ecosystem: application development services,” said Oyvind Strom, Senior Director of Atmel's Wireless product line. “Fast-growing wireless application areas, such as ZigBee® Smart Energy™, require a significant amount of specialized knowledge. With Luxoft, our customers have access to the know-how of one of the world's leading ZigBee® software companies.” Luxoft brings a strong level of application development expertise and best-of-breed processes, backed by engineering talent, a state-of-the-art test lab and a proven track record of delivering embedded solutions. Luxoft's services cover every stage of the product development cycle – from design and prototype creation to testing and product deployment – with an important goal: to save considerable time and money for its clients. Luxoft's expertise in ZigBee® Smart Energy™ helps OEMs and system integrators develop IEEE 802.15.4-compliant and ZigBee®-certified wireless products and solutions for smart energy. “The ability to monitor, control and automate delivery and then use energy resources through intelligent devices and applications is becoming increasingly critical to businesses globally,” said Michael Minkevich, Vice President of Technology Services, Luxoft. “Luxoft's application and product development services are a perfect complement to Atmel's impressive range of wireless hardware and software offerings. Our expertise in embedded product engineering, in-depth knowledge of ZigBee® Smart Energy™ technology, and proven results from prior client engagements are important ingredients for future success for solution providers using Atmel's wireless platforms across the globe.” Working closely with our clients, Luxoft helps design, develop and deliver innovative custom solutions for the energy markets, including software applications for energy management systems, smart substation modules and systems, demand response and management automation modules. As a result, Luxoft is able to help empower its clients to overcome market challenges, increase sustainability, reduce power costs and positively impact the bottom line. Visit www.luxoft.com/energy and www.luxoft.com/zigbee for more information. About Atmel Atmel is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on industrial, consumer, security, communications, computing and automotive markets. © 2011 Atmel Corporation. All Rights Reserved. Atmel®, Atmel logo and combinations thereof are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others. About Luxoft Luxoft, a principal subsidiary of IBS Group, is a provider of advanced application and software engineering outsourcing services for global and regional enterprises. Luxoft builds partnerships with its clients, such as Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, Sabre, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers international delivery capability through its network of state-of-the-art delivery centers in North America, Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, proprietary processes and methodologies, and a choice of engagement models. About IBS Group IBS Group is a leading software development and IT services provider in Eastern Europe. Through its two principal subsidiaries, Luxoft and IBS IT Services, it offers a wide variety of information technology services, such as software development, IT outsourcing, business and IT consulting, business applications implementation. IBS Group is headquartered in Russia and has business operations in Russia, Canada, Germany, Romania, Poland, Switzerland, the UK, Ukraine, the USA, Vietnam and Singapore. IBS Group employs more than 8,000 people worldwide. In financial year 2010 IBS Group reported US GAAP revenues of $656 million. IBS Group's Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.DE). IBS Group is majority-owned by management with portfolio investors holding 37% of the Group's share capital. For more information on IBS Group, please visit www.ibsgr.com. LuxoftJulia Simonova, 212-964-9900 (x228)JSimonova@luxoft.com