EPAM Systems Ranked #2 on Forbes' List of America's 20 Fast-Growing Tech Stars
(Thomson Reuters ONE) -
Newtown, PA - October 24, 2013 - EPAM Systems, Inc. (NYSE:EPAM), a
leading provider of complex software engineering solutions and a leader in
Central and Eastern European IT service delivery, announced that it has been
named #2 on the list of America's Best Small Companies: 20 Fast-Growing Tech
Stars released by Forbes on October 9, 2013.
Forbes' annual list of America's Best Small Public Companies highlights the 100
best-performing public companies with sales below $1 billion ranked according to
their stock performance; return on equity; sales growth; and earnings growth
over the past year and over five years. Based on the ranking, Forbes sub-divided
the listed companies into the fastest-growing "tech stars," where EPAM is the
highest ranked Information Technology company, with $493 million in sales for
the latest 12 months. Named to Forbes' list of America's 25 fastest-growing tech
companies earlier this year, EPAM reassures its status as one of the most
rapidly developing software engineering and IT consulting companies in America.
"The last five years have been a traumatic one for American businesses," says
Forbes' Kurt Badenhausen in the story. "But the most nimble companies have
thrived during this time, and they span all sectors of the economy from
aerospace to auto parts to retail. The companies that met the challenge
qualified for Forbes' 35th annual list of America's Best Small Companies."
"Since its founding in 1993, EPAM has always focused on engineering excellence.
Initially our primary client base was within the commercial software space
including such leaders as SAP, Microsoft, Hyperion and ATG. That historical
dedication to excel in helping to develop enterprise software, and our ability
to attract and retain elite technology talent, has been engrained in EPAM's DNA.
Today, when non-traditional tech driven industries have to adapt quickly and
rely heavily on cutting-edge technologies, EPAM becomes a natural choice," says
Arkadiy Dobkin, CEO and President, EPAM Systems. "Behind all the finance
indicators and performance results, EPAM's success story is ultimately made
possible by our customers' trust and satisfaction, as well as by the
exceptional, tireless dedication and pursuit of excellence of our staff."
The complete list of America's 100 Best Small Companies can be found here.
About EPAM Systems
Established in 1993, EPAM Systems, Inc. (NYSE: EPAM), provides complex
software engineering solutions through its award-winning Central and Eastern
European service delivery platform. Headquartered in the United States, EPAM
employs approximately 9,000 IT professionals and serves clients worldwide from
its locations in the United States, Canada, UK, Switzerland, Germany, Sweden,
Netherlands, Belarus, Hungary, Russia, Ukraine, Kazakhstan, and Poland.
EPAM is ranked #6 on the 2013 Forbes "America's 25 Fastest-Growing Tech
Companies" list and is recognized among the leaders in software product
development services by Forrester and Zinnov analysts. The company is also
included in the top 30 outsourcing service providers in IAOP's "The 2013 Global
Outsourcing 100" list.
For more information, please visit www.epam.com
Forward-Looking Statements
This press release includes statements which may constitute forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the accuracy of which are necessarily subject to
risks, uncertainties, and assumptions as to future events that may not prove to
be accurate. Factors that could cause actual results to differ materially from
those expressed or implied include general economic conditions and the factors
discussed in our most recent Annual Report on Form 10-K and other filings with
the Securities and Exchange Commission. EPAM undertakes no obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as may be required under
applicable securities law.
Contact:
EPAM Systems, Inc.
Joseph King, Vice President of Marketing
Phone: +1-267-759-9000 x56790
Fax: +1-267-759-8989
prinquiry(at)epam.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EPAM Systems, Inc. via Thomson Reuters ONE
[HUG#1738291]
Unternehmensinformation / Kurzprofil:
Datum: 25.10.2013 - 15:57 Uhr
Sprache: Deutsch
News-ID 309513
Anzahl Zeichen: 5229
contact information:
Town:
Newtown (PA)
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 107 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"EPAM Systems Ranked #2 on Forbes' List of America's 20 Fast-Growing Tech Stars"
steht unter der journalistisch-redaktionellen Verantwortung von
EPAM Systems, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
