EPAM Named to Top Technology Integrators UBM Channel’s Solution Provider 500 List

Press Release:

Newtown, PA, January 28, 2013—EPAM (NYSE:EPAM), a leading provider of complex software engineering solutions and a leader in Central and Eastern European IT service delivery, today announced that it has been recognized by UBM Channel as a part of CRN’s 2012 Solution Provider 500 list, which ranks the top technology integrators in North America. Formerly known as the “VAR 500,” the Solution Provider 500 ranks the highest producing solution provider organizations in the IT channel from hardware sales, software sales, and managed IT services. EPAM Systems is included in the TOP 100 part of the annual ranking.

The Solution Provider 500 ranking is based on revenue size and considers each company’s forward-thinking approach to the channel. In particular, the Solution Provider 500 selection panel sought to recognize companies that are building out practices around the data center and virtualization while offering software integration and application development skills. Revenue size is determined by the amount of annual products and services sold over the course of 2011. Companies with no public documentation were required to submit a notarized affidavit attesting to their 2010 and 2011 revenues.

“The organizations listed in this year’s Solution Provider 500 list are today’s true integration innovators who generate high revenues by putting their customers’ needs first”, says Kelley Damore, Vice President and Editorial Director at UBM Channel. “Their primary role is to engineer ways to leverage technology solutions that help customers exceed their sales goals, drive client satisfaction, expand internationally or accelerate new product development. In essence, they are today’s IT integration leaders for middle market and enterprise customers. We congratulate EPAM Systems for making this year’s list and look forward to covering their continued success.”


Solution Provider 500 Executive Conference and Awards

The 2012 Solution Provider 500 list was announced at the SP500 Executive Conference and Awards, an elite two-day conference designed for high level executives to meet with companies to discuss business models, technology offerings, and partnerships. Held June 5–6 at the Westin Charlotte Hotel in Charlotte, NC, the conference focused on channel marketing strategies and direction, offering actionable content to the top Solution Provider organizations in North America. Attendees learned the secrets for uncovering new market opportunities from industry experts, peers and fellow Solution Provider 500 companies.


About EPAM Systems

Established in 1993, EPAM Systems (NYSE:EPAM) provides complex software engineering solutions through its award-winning Central and Eastern European service delivery platform. Headquartered in the United States, EPAM employs over 8,100 IT professionals and serves clients worldwide from its locations in the United States, Canada, UK, Switzerland, Germany, Sweden, Belarus, Hungary, Russia, Ukraine, Kazakhstan, and Poland.

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—Companies in Eastern Europe”. The company is also ranked among the best global service providers on "The 2012 Global Services 100" by Global Services Magazine and Neogroup, which names EPAM  "Leaders—Global Product Development" category.

For more information, please visit 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.