EPAM Receives ISO 9001 Certification

Princeton, NJ — March 31, 2002 — EPAM, the provider of cost-effective solutions to Fortune 2000 & Blue Chip companies worldwide, has recently won ISO 9001 certification for its software development center in Minsk, Belarus. The certificate confirms that EPAM's internal quality management system complies with ISO 9001:2000 requirements. Adopted in 1987 by the International Organization for Standardization in Geneva, Switzerland, the ISO quality system was developed in order to establish an internationally recognized standard of quality. It examines all processes of a product development lifecycle including: design, development, and technical support.

To become ISO 9001 certified, EPAM developed and implemented a thorough Quality Assurance System that conforms to the strict requirements of the ISO 9001 standards. EPAM has been fundamentally committed to Total Quality Management (TQM) since the company's inception, ensuring that EPAM's products and services are of consistently high quality.

"The ultimate goal of EPAM's ISO certification project is total customer satisfaction," notes Arkadiy Dobkin, the founder and CEO of EPAM Systems. "We believe that ISO will help EPAM maintain the level of excellence required in today's marketplace". As an ISO 9001 certified company, EPAM has raised the standards of its organizational discipline, maintaining its position as a world-class IT-solutions company.

EPAM started the ISO 9001 certification process in 2001. Certification was awarded by an accredited certification body on February 19, 2002 after a thorough audit of quality management system. In the future the audit will be performed every twelve months from the date of certification to ensure maintenance of standards.

About EPAM Systems

Established in 1993, EPAM is a leading provider of software development outsourcing services, e-business, enterprise relationship management, and content management solutions. EPAM delivers low-cost, high-quality software solutions globally using an onshore/offshore development model. Headquartered in Princeton, NJ, EPAM has development centers in Moscow, Russia and Minsk, Belarus.

EPAM's customer base includes such companies as Colgate-Palmolive, Halliburton, Verizon Communications, Samsung America, CareFirst BlueCross BlueShield, Bally of Switzerland and other. In the technology world EPAM provides services to such firms as SAP, Brio Software, ServiceWare, PTC, and others. More information about the company can be found at www.epam.com.

About ISO

ISO is the International Organization for Standardization. It is made up of some 140 national standards institutes from countries large and small, industrialized and developing, in all regions of the world. ISO develops voluntary technical standards that contribute to making industrial production and supply more efficient, safer and cleaner, and to making trade between countries easier and fairer. ISO standards also serve to safeguard consumers and users in general of products and services - as well as to making their lives simpler.
www.iso.org

For further information, please contact: press@epam.com