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November 25, 2015

NEWTOWN, Pa., Nov. 25, 2015 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, announced today that it was named by Zinnov Management Consulting, a leading globalization and market expansion advisory firm, in the Leadership Zone for Enterprise Software and Consumer Software in its Global R&D Service Providers (GSPR) Rating 2015. The annual list supports business decision-makers leading global engineering partner selection.

“We are pleased to be recognized as a leader in the Zinnov GSPR this year,” said Elaina Shekhter, CMO, EPAM. “According to the rankings, EPAM placed in the “high scalability” Leadership Zone for both Enterprise and Consumer Software Product Development. This placement confirms EPAM as a market leader with a strong focus on innovative and scalable software solutions across most verticals.”

Zinnov assigns Leadership Zone rankings to service providers that have a presence in almost all verticals, a formal innovation culture, and the capability of performing Go-To-Market product concepts. Recognition in the Leadership Zone indicates excellent performance in all attributes.        

Zinnov’s GSPR 2015 study is an extensive, annual study of the capabilities of R&D and Product Engineering Services providers, and is designed to assist global engineering leaders in making the right decisions in their selection of outsourcing partners from across the world.

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 20 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.


CONTACT: Danielle Ruess-Saltz
M: 267.978.7688

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