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2016-02-23

EPAM Recognized in Leadership Zone Across Six Media and Entertainment Segments in Zinnov’s Global Service Providers Ratings 2015

EPAM
Press release

EPAM Recognized in Leadership Zone Across Six Media and Entertainment Segments
in Zinnov?s Global Service Providers Ratings 2015

NEWTOWN, Pa., 2016-02-23 20:00 CET (GLOBE NEWSWIRE) -- EPAM Systems, Inc.
(NYSE:EPAM), a leading global provider of product development and software
engineering solutions, announced today that it was recognized by Zinnov
Management Consulting, a leading globalization and market expansion advisory
firm, in the Leadership Zone for multiple categories in Media and Entertainment
in its Global Service Providers Ratings (GSPR) 2015.

?This recognition by Zinnov is a confirmation of our ability to adapt to
constant technology shifts and help our customers become leaders in the rapid
transition to digital asset consumption in the Media and Entertainment
industry,? said Robert Koch, VP, Media and Entertainment Technology Solutions,
EPAM. ?According to the research, EPAM ranked in the Leadership Zone for
Broadcast, Entertainment, Publishing, Info Services, New Media and Marketing
and Advertising. This placement recognizes EPAM?s unique capabilities and
strengths in accelerating mission-critical digital transformation initiatives
for our clients in Media and Entertainment.?

Technology disruption is driving Media and Entertainment companies to engage
service providers that can provide platform engineering and IT solutions to
meet these growing demands. According to the report, the global Platform
Engineering Services (PES) and IT services market will be worth $92 billion USD
by 2020.

In its first media and entertainment report, Zinnov assigned Leadership Zone
rankings to service providers that demonstrated the following attributes:

-- Capability to perform concept to Go-To-Market for the segment
-- Significant investments in Lab infrastructure
-- Strong capability in content supply chain, mobility solutions, analytics
platforms
-- Formal innovation culture, resulting in IP?s and strategic innovations
-- Leadership role in alliances, leverage startups, specific academic
research, and co-creation with customers

Recognition in the Leadership Zone indicates strong performance in all
attributes.

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.
For more information, please visit http://www.epam.com/.

About Zinnov:
Zinnov assists clients improve organizational efficiency, innovation and
revenue by leveraging global resources and markets. The company offers deep
expertise in Engineering, Digital and Globalization. Zinnov has been at the
forefront of innovation and thought leadership. With over a decade experience
in globalization, it helps us in understanding customer problems and coming up
with viable solutions. Zinnov assists clients in addressing globalization
challenges by offering customers insights, data, and implementation support to
address their challenges. The company?s in-depth experience is driven by its
focus on engineering and digital practice areas. Visit us at www.zinnov.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.

CONTACT: Danielle Ruess-Saltz
M: 267.978.7688
danielle_ruess-saltz@epam.com

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