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Chevron and EPAM Co-present at Gartner Outsourcing & Strategic Partnerships Summit 2012

Press Release:

Newtown, PA – September 11, 2012 – EPAM Systems (NYSE: EPAM), a leading software engineering and IT Outsourcing (ITO) provider with development centers across Central and Eastern Europe (CEE), announced that  Chevron and EPAM Systems will co-present at the Gartner Outsourcing & Strategic Partnerships Summit 2012 in Orlando, Florida on September 12th. The presentation will provide attendees with insights on how Chevron works with suppliers as a part of its ‘Chevron Way’ philosophy and how one of the world's leading integrated energy companies utilizes value-added services.

Gartner Summit is focused on "Revolutionizing Your Business in a Cloud-Enabled World" and its cornerstone is achieving business success through sourcing excellence - a balance of internal and external capabilities leveraging industry leading practices, seizing new opportunities that are available through emerging technologies, and creating stronger relationships with strategically important service providers. With content designed for CIOs and IT/business leaders, sourcing managers, contract managers and vendor managers, this conference will deliver all of the insights needed to achieve successful outsourcing that supports businesses.


About Chevron

Chevron is one of the world's leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.


About EPAM Systems

Established in 1993, EPAM Systems, Inc. (NYSE:EPAM) is a leading global software engineering and IT consulting provider with software development centers throughout Central and Eastern Europe. Headquartered in the United States, EPAM employs over 7,700 IT professionals and provides services to clients worldwide using a global delivery model through its client facing and delivery operations in the United States, Belarus, Hungary, Russia, Ukraine, UK, Germany, Kazakhstan, Sweden, Switzerland, Poland, and Canada.

EPAM's core competencies include complex software product engineering for leading global software and technology vendors, as well as development, testing, maintenance, and support of mission critical business applications and vertically oriented IT consulting services for Forbes Global 2000 corporations.

EPAM is recognized among the top companies in IAOP's "The 2012 Global Outsourcing 100", featuring EPAM in a variety of sub-lists, including “Leaders – Technology (Hardware & Software)” and “Leaders – Entertainment & Media”. The company is also ranked among the best global service providers on "The 2012 Global Services 100" by Global Services Magazine and NeoAdvisory, which includes EPAM in the list of the world's "Top Outsourced Product Engineering Vendors" for the 3rd year running.

For more information, please visit http://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.