EPAM Recognized as a Global R&D and Product Development Services Leader for Enterprise Software

EPAM Recognized as a Global R&D and Product Development Services Leader for Enterprise Software and Consumer Software Markets

ID: 351522

(Thomson Reuters ONE) -


Newtown, PA - November 11, 2014 - EPAM (NYSE:EPAM), a leading provider of
product development and software engineering solutions, today announced it has
been recognized by Zinnov management consulting firm as one of the leaders in 2
Software Product Development verticals: Consumer Software and Enterprise
Software.

Global R&D Service Providers 2014 is an annual study by Zinnov, a leading
Globalization and Market Expansion Advisory firm, which delivers a comprehensive
analysis of the service provider landscape in the Electronic Research &
Development and Professional Engineering Services (ER&D/PES) space.

"Most companies today recognize the significant need for strong software product
development services, while previously this was a primary focus only for
traditional software vendors. EPAM can now leverage over 20 years of its in-
depth, hands-on experience of developing enterprise-grade products for leading
global software houses to help our clients in all digitally disrupted
industries," said Arkadiy Dobkin EPAM CEO and President.

About The Global R&D Service Providers Rating

Zinnov's annual Global Service Provider Rating is an exhaustive exercise that
covers over 50 companies in the ER&D space. The participants were analyzed
across key parameters like human capital, product development capabilities,
financials, ecosystem linkages, infrastructure & innovation / IP creation, their
non-linear strategy, lab infrastructure and customer relationships. The analysis
process involved data collection from participating companies, interviews with
end customers, and inputs from domain experts.

About Zinnov

Founded in 2002, Zinnov - meaning Zeal in Innovation - is a leading
Globalization and Market Expansion Advisory firm, with specialization in areas
such as Global Sourcing, Emerging Markets Expansion, Human Capital Optimization,




Small & Medium Businesses, Innovation, Cloud Computing and Enterprise Mobility.
Zinnov offers advisory services to global leaders in business and technology and
works collectively with them to tackle prevailing organizational challenges by
analyzing changing dynamics, improving performance, and building institutional
capability. The services delivered to its clients through advanced reasoning and
analytical techniques, provides solutions help in integrating organizational
vision, business definition and processes.

Visit us at www.zinnov.com. To request information, contact Karthik Ananth at
kananth(at)zinnov.com

About EPAM Systems

Established in 1993, EPAM Systems, Inc. (NYSE: EPAM) is recognized as a leader
in software product development by independent research agencies. Headquartered
in the United States, EPAM serves clients worldwide utilizing its award-winning
global delivery platform and its locations in 19 countries across North America,
Europe, Asia and Australia. EPAM was ranked #6 in 2013 America's 25 Fastest-
Growing Tech Companies and #3 in 2014 America's Best Small Companies lists by
Forbes Magazine.

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.


Media Contacts:

EPAM Systems, Inc.
Alex Lyashok, Head of Global Operations
Phone: +1-267-759-9000 x56669
E-mail: prinquiry(at)epam.com


Investor Relations:

EPAM Systems, Inc.
Anthony J. Conte, Chief Financial Officer
Phone: +1-267-759-9000 x64588
Fax: +1-267-759-8989
E-mail: investor_relations(at)epam.com




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 GlobeNewswire
[HUG#1870506]




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Bereitgestellt von Benutzer: hugin
Datum: 11.11.2014 - 15:01 Uhr
Sprache: Deutsch
News-ID 351522
Anzahl Zeichen: 5254

contact information:
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Newtown (PA)



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Business News



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