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EPAM Systems Sponsors Two International Scientific Conferences; Promotion of Scientific Progress and Technological Innovation as a Strategic Imperative for EPAM Systems

Press Release:

Princeton, NJ — May 23, 2005 — EPAM (www.epam.com), the leading provider of outsourced software engineering with development centers in Eastern Europe, sponsors two international scientific conferences taking place this month in Minsk, Belarus, the city that hosts one of the company's development centers.

On May 18-20, 2005 the 8th International Conference "Pattern Recognition and Information Processing" (PRIP - 2005) was held in the Belarusian State University of Informatics and Radioelectronics. The event takes place in Belarus every second year under the aegis of the International Association for Pattern Recognition (IAPR). Close to 100 specialists from 20 countries, including Canada, the USA, Japan, France, the UK, China, the Netherlands, Poland, Latvia, Lithuania, attended the conference this year. The participants discussed the latest accomplishments in development of computer technologies and systems for pattern recognition and for processing signals and images as applied to various fields of national economy, such as medicine, space monitoring, electronics and agriculture.

Nanomeeting-2005 is a traditional international conference held every two years since 1995 in Minsk, Belarus. The conference is a joint Belarusian-French initiative aimed at bringing together scientists and engineers from around the world, who work in the fast evolving areas of nanostructure-based electronics, optoelectronics and optics. The meeting will address the latest innovations achieved in research, development and application of nanoscale structures. It will take place on May 24-27, 2005 at the Belarusian State University of Informatics and Radioelectronics in Minsk and will unite scientists and technologists from France, Germany, Switzerland, Japan, Greece, Italy, the Ukraine, Poland, Belarus, and other countries.

EPAM Systems considers it strategically important to foster scientific progress and technological innovation. EPAM realizes how vital a non-stop progress is and how progress in IT moves other sectors of business to a qualitatively new level. By applying cutting-edge technologies, EPAM delivers modern high-end solutions to its corporate clients. The company is always enthusiastic about mastering new technologies and implementing innovative projects. And therefore, it becomes a strategic imperative for EPAM to keep up with science and technology achievements and make its own contributions.


About EPAM Systems

EPAM Systems is a leading provider of software development outsourcing services. In January 2005 EPAM was named No.1 of "Top 5 to Watch in Central and Eastern Europe" and No.3 of "Top 10 Specialty Application Development Leaders" on the Offshore 100 by CMP's "Managing Offshore". 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.

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.

www.epam.com

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