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EPAM CEO Arkadiy Dobkin to Represent Eastern Europe at Gartner Outsourcing Summit 2005 Panel Discussion

The discussion to focus on offshore growth accelerators and inhibitors around the world

Princeton, NJ — April 2, 2005 — Arkadiy Dobkin, CEO of EPAM Systems which was recently recognized as No.1 of "Top 5 to Watch in Central and Eastern Europe" and No.3 of "Top 10 Specialty Application Development Leaders" in the global "Offshore 100" list, is invited to represent Eastern Europe's software engineering service providers in the Gartner Outsourcing Summit 2005 panel discussion "Offshore Growth Accelerators and Inhibitors Around the World" (April 4-6, 2005).

Offshore outsourcing is definitely established as a popular practice delivering tangible business benefits. But the market shifts dynamically, new outsourcing destinations and service providers proliferate making it harder for enterprises to locate their sourcing efforts. At Outsourcing Summit 2005 Gartner will provide a comprehensive view of the entire outsourcing arena and will offer the chance to reach a holistic understanding of all the options, risks and opportunities available. For the "Offshore Growth Accelerators and Inhibitors around the World" panel discussion Gartner has invited CEOs of the leading software engineering companies from Eastern Europe, India, Mexico and China and end-users from the US. The panelists will review benefits and risks of represented outsourcing destinations and the nuances of managing offshore projects taking into account peculiarities of the vendor country.

About EPAM Systems

EPAM Systems is a leading provider of software development outsourcing services, e-business, enterprise relationship management, and knowledge and content management solutions. Established in 1993 in Princeton, New Jersey, EPAM Systems has technology development centers in Moscow, Russia, Minsk, Belarus, and Budapest, Hungary. EPAM solves complex business and technology problems using a delivery model that combines onsite presence (in US and EU) with Eastern European offshore and nearshore services. For the third consecutive year EPAM has been ranked among the fastest growing technology companies in North America on the 2004 Deloitte Technology Fast 500 Program.

EPAM's customer base includes Reuters, Samsung America, Colgate-Palmolive, Empire and CareFirst BlueCross BlueShield, London Stock Exchange, Halliburton, and British Telecom among others. In the technology world, EPAM provides services to firms such as SAP, Hyperion, BEA Systems, Microsoft, and others.

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