Luxoft shows effective timing design, analysis and verification from Symtavision are essential to development of ADAS

Braunschweig, Germany – April 12, 2016. Luxoft Holding, Inc (NYSE: LXFT), a leading provider of software development services and innovative IT solutions to a global client base, demonstrated at the recent Embedded World event in Nuremberg the expertise of Symtavision, a Luxoft subsidiary, in the growing area of Advanced Driver Assistance Systems (ADAS) for the automotive industry with software tools and services for real-time system design and development.

Luxoft recently announced that it has acquired Symtavision, a provider of automotive software tools and consulting services for scheduling analysis, architecture optimization, and timing verification. This acquisition expands Luxoft’s embedded software automotive offerings as the company seeks to fulfil its targeted end-to-end offering.

“We are excited about the synergy between our two organizations," said Luxoft’s Automotive Managing Director, Georg Doll. “Symtavision’s customer base and range of solutions are highly complementary to those of Luxoft. Their tools and services are deployed at some of the leading premium and volume car manufacturers and Tier-1 suppliers. It is also worth noting that a significant part of their revenue is driven from licenses, which is in line with Luxoft’s strategy.”

According to Symtavision, an emerging leader for timing design and timing verification for embedded real-time systems, the development of ADAS introduces totally new challenges and significantly higher levels of design complexity, making the adoption of effective timing design, analysis and verification tools essential in their design.

“ADAS is a disruptive technology that will fundamentally challenge the way automotive electric/electronic (E/E) and software systems have been built and integrated in the past,” said Dr. Kai Richter, CTO of Symtavision. “ADAS significantly adds to the software cross-dependencies in vehicles, which, in order to execute all of the required new functions, will need additional levels of computing performance and network communications far exceeding that of established vehicle E/E systems. To make the step-change needed to turn concepts into reality, the integration of effective timing design, analysis and verification tools into the overall design process will be crucial.”

With the development of ADAS, comes the introduction of new types of sensors, new object and trajectory recognition functions and new virtual reality video projection technology among others. These will also generate data for the automated driving functions to predict and determine how the vehicle should act in terms of the primary control functions, such as accelerating, steering, braking etc. All these control functions must also cope with new safety and reliability requirements. To facilitate this, in-vehicle computing power will need to be dramatically increased with topologies changing from heavily distributed controllers to fewer, high-performance computing centers that are connected directly to dozens of sensors and actuators spread over the vehicle.

“It is a highly sophisticated task to efficiently utilize these platforms,” said Dr. Kai Richter. “Also, they have to be utilized optimally as the software usually grows faster than the platform developers can imagine. Timing analysis is the key enabler for this optimization and, to assist in the optimization process, we provide customers with consultancy services for requirements collection and the development of optimized system architectures for the highly integrated systems found in the ADAS domain today. They also value our ongoing commitment to ensuring that our tools are kept fully up-to-date for the requirements and new technologies being introduced.”

The latest SymTA/S 3.8 release, for example, adds worst-case timing analysis for Ethernet communication in several flavors including AVB and time-triggered Ethernet, and also covers the ADAS software technology for both AUTOSAR and non-AUTOSAR operating systems, with timing analysis for partitioned and hierarchical schedulers (with or without hypervisor). In addition, SymTA/S’ unique end-to-end timing analysis supports heterogeneous mixes of both event and time-triggered applications and architectures, as well as statistical simulation and worst-case analysis, and compatibility with the existing OSEK, CAN, LIN, and FlexRay modules. This makes SymTA/S the only tool for timing design, analysis and verification at this level of architectural complexity, and along with Symtavision consulting services a must-have for all high-integration projects in the ADAS domain.

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 27 dedicated delivery centers worldwide. It has more than10,000 employees across 31 offices in 17 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

Forward-Looking Statements

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2015 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.



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