IBS Group Develops ADF System for Gazprom

RAMSEY, the Isle of Man, May 31, 2012 /PRNewswire/ --

IBS Group, a leading software development and IT services provider in Central and Eastern Europe, announces that it has successfully developed an Automated Document Flow (ADF) System for the Gazprom  Administration. The project aims at building an entirely new document flow based on electronic data.

The new ADF System will ensure a smooth transition from mainly paper-based processes to a more efficient electronic workflow, offering user-friendly document access and tools to expedite business document creation and delivery.

With a rather tight deadline to meet, the project went from initial stages to commercial launch within 14 months. The process was spearheaded by an IBS Group project team working alongside Gazprom Inform.

The ADF System is currently used by the Administrative Support Team of Gazprom's Management Board and the secretarial staff across all departments. Following wide expansion in the coming months, the system will be available to 2,000 users. A special workstation interface will be developed for Gazprom's executives. It will be accessible from desktops, laptops, and mobile devices running on iOS. The system will offer one-click features for easy document approvals and sign-offs, based on digital signatures, and process implementation management.

As the Gazprom Administration regularly handles a heavy flow of documents with strict deadlines, the new ADF is set to provide significant added value for the company.

About Gazprom

Gazprom is a global energy company. Its major business lines are geological exploration, production, transportation, storage, processing and sales of gas, gas condensate and oil, as well as generation and marketing of heat and electric power.

Gazprom holds the world's largest natural gas reserves. The Company's share in the global and Russian gas reserves makes up 18 and 70 per cent respectively. Gazprom accounts for 15 and 78 per cent of the global and Russian gas output accordingly. At present, the Company actively implements large-scale projects aimed at exploiting gas resources of the Yamal Peninsula, Arctic Shelf, Eastern Siberia and the Far East, as well as hydrocarbons exploration and production projects abroad.

The Company owns the world's largest gas transmission network - the Unified Gas Supply System of Russia with the total length of over 161 thousand kilometers. Gazprom sells more than half of overall produced gas to Russian consumers and exports gas to more than 30 countries within and beyond the former Soviet Union.

Gazprom is the only producer and exporter of liquefied natural gas in Russia. The Company's share in the global LNG output stands at 5 per cent.

The Company is among Russia's five largest oil producers and it is the largest owner of power generating assets in the country. These assets account for 17 per cent of the total installed capacity of the national energy system.

About Gazprom inform

Gazprom's unified IT service subsidiary, Gazprom inform, implements a number of Informatization Strategy core initiatives under the supervision of the Information Analysis Systems Directorate of Gazprom's Finance and Economics Department.

One of Gazprom inform's major functions is to provide a full life-cycle (from creation and commissioning to maintenance and further improvement) of hardware and software for information management systems (IMS) at the Gazprom Group Administration and subsidiaries.

Gazprom inform also performs functions of a customer for Gazprom's investment projects related to construction, reconstruction and retrofitting of:

- IMS;

- automated process control systems (APCS) covering the full gas cycle from upstream to downstream;

- information security systems that are of key importance due to the need to improve protection of Gazprom and subsidiary information resources;

- technological communication, metrological support and energy supply facilities.

About IBS Group Holding Limited

IBS Group is a leading software development and IT services provider in Central and 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 has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Vietnam and Singapore. IBS Group employs more than 8,000 people worldwide. 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).

For more information about IBS Group please visit http://www.ibsgr.com

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SOURCE IBS Group Holding Limited