EPAM Opens First Office in Prague, Czech Republic
(Thomson Reuters ONE) -
Location Offers Expanded Presence for European Customers
NEWTOWN, Pa., Dec. 03, 2015 (GLOBE NEWSWIRE) -- EPAM Systems (NYSE:EPAM), a
leading global provider of product development and software engineering
solutions, announced today the opening of its Prague, Czech Republic delivery
center. Prague, the capital of the Czech Republic, is a growing source of
innovation due to the increasing demand for software solutions and services in
Central Europe. This new location will enable EPAM to more closely collaborate
with clients in the region, as well as provide a scalable operation to support
local talent base growth.
"The Czech Republic is very important for us, not only in terms of how we build
long-term collaborative customer relationships, but also in terms of the
region's sophisticated technical talent," said Balazs Fejes, SVP, Co-Head of
Global Business, EPAM. "We are excited to establish our new office in the iconic
City Tower in Pankrac, and look forward to strengthening our relationships with
local customers and welcoming our first 200 local employees."
"Czech Republic is an ideal location for this kind of investment. Czechs are
well known for their expertise and advanced know-how in the field of ICT.
Prague, with its pleasant environment and high standard of living, can be also
viewed as attractive by experts from abroad," says Karel Kucera, CEO of
CzechInvest. "I believe that EPAM Systems will be successful here and we will
keep on contributing to its development."
With the addition of this newly added location in Prague, EPAM will be
supporting customers from locations in over 25 countries across North America,
Europe, Asia and Australia.
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 over 20 countries across North
America, Europe, Asia and Australia. EPAM was ranked #6 in America's 25 Fastest-
Growing Tech Companies and #3 in America's Best Small Companies lists by Forbes
Magazine. For more information, please visit http://www.epam.com/.
About CzechInvest
Business and Investment Development Agency CzechInvest, is an agency of the
Ministry of Industry and Trade. Established in 1992, the agency contributes to
attracting foreign investment and developing domestic companies through its
services and development programmes. CzechInvest also promotes the Czech
Republic abroad and acts as an intermediary between the EU and small and medium-
sized enterprises in implementing structural funds in the Czech Republic.
CzechInvest is exclusively authorized to file applications for investment
incentives at the competent governing bodies and prepares draft offers to grant
investment incentives. Its task is also to provide potential investors current
data and information on business climate, investment environment and investment
opportunities in the Czech Republic.
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.
Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz(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#1970669]
Unternehmensinformation / Kurzprofil:
Datum: 03.12.2015 - 15:00 Uhr
Sprache: Deutsch
News-ID 437401
Anzahl Zeichen: 4936
contact information:
Town:
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Kategorie:
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