IBS Group to Present at the Deutsche Bank 10th Annual Russia One-on-One Conference

RAMSEY, Isle of Man, January 23, 2012 /PRNewswire/ --

IBS Group Holding Limited (IBSG:GR; IBSGq.DE), a leading IT services provider in Eastern Europe, today announced that Anatoly Karachinsky, President and Founder of the Group is scheduled to present at one-on-ones at Deutsche Bank 10th Annual Russia One-on-One Conference in London, January 24^th, 2012.

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, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Canada, Vietnam and Singapore. IBS Group employs more than 8,000 people worldwide. In 2010 financial year, IBS Group reported US GAAP revenues of US$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 about IBS Group please visit http://www.ibsgr.com or contact

Investor Relations:

Dmitry Ivanov

Investor Relations Director
tel: +7(495)967-8000
fax: +7(495)967-8099
cel: +7(916)618-4034

SOURCE IBS Group Holding Ltd