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EPAM Ranked #26 on CDN List of Top 100 IT Solution Providers

Newtown, PA – May 3, 2016 – EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, today announced that it was ranked #26 on Computer Dealer News’ (CDN) list of annual Top 100 IT Solution Providers. EPAM climbed five spots this year and, since 2012, has moved up over 57 places. This annual ranking, compiled by CDN, recognizes the top IT solution providers across Canada.

“We are pleased to be recognized by CDN and, given the tough competitive landscape in the IT solution provider sector, continuing to rise on the Top 100 list is a testament to EPAM’s ability to deliver the right technology solutions to our customers and differentiate ourselves,” said Boris Shnayder, Co-Head of Global Business, EPAM. “Our continued support of the Canadian market and growth in our relationships with clients in the Financial Services, Retail, and Media and Hi-tech industries have enabled us to deliver the best end-to-end digital solutions to our customers.”

EPAM was recognized at the Top 100 event on April 21, 2016 in Ontario, Canada. Organized by CDN, the premier digital news source for the Canadian technology channel, this annual ranking recognizes Canadian IT service providers that design, build, and deploy information technology solutions with computer hardware, software or peripheral products and provide IT-related professional and support services or consulting on cloud/on-demand environment, on-premise fashion or as a managed service. The analysis was based on submissions made by solution providers during the opening months of Q1 2016.

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About EPAM Systems

Established in 1993, EPAM Systems, Inc. (NYSE: EPAM) is recognized as a leader in software product development by independent research agencies. Headquartered in the United States, EPAM serves clients worldwide utilizing its award-winning global delivery platform and its locations in over 25 countries across North America, Europe, Asia and Australia. EPAM was ranked #6 in America's 25 Fastest-Growing Tech Companies and #3 in America’s Best Small Companies lists by Forbes Magazine.

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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.