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2014-05-20

EPAM Systems, Inc.: EPAM And Canadian Tire Set Out To Bring Shopper-tainment Experience to Stores

Newtown, PA - May 20, 2014 -
EPAM Systems, Inc. (NYSE:EPAM), a leading provider of product development and
software engineering solutions and a leader in Central and Eastern European
IT service delivery, announced its collaboration on an omni-channel commerce
initiative with Canadian Tire, Canada's most-shopped general merchandise
retailer.

"
By bringing together Canadian Tire's rich history of innovation and EPAM's
capabilities in building complex consumer engagement platforms, we aim to
transform the shopping experience into an entertaining experience, an
engaging experience - to create shopper-tainment,"
said Eugene Roman, Senior Vice President and Chief Technology Officer,
Canadian Tire Corporation. "As retail turns into e-tail, we aim to continue
connecting our physical stores
with digital and to further enhance the way our customers interact with our
staff, our stores and our brand."

"Canadian Tire Corporation represents some of the most respected brands in the
country - from Canadian Tire to Sport Chek to Mark's and others. Our
collaboration has already produced real results. In the first 10 months we
were able to build a strong digital commerce foundation and deliver new
experiences for consumers online, on mobile, and in-store,"
added Arkadiy Dobkin, EPAM CEO and President. "Customer experience solutions
can be very complex to execute. This is why
EPAM's strong knowledge of the technology ingredients - SAP, hybris, Adobe,
and others - combined with our understanding of retail and consumer behavior,
positions both of our companies to continue succeeding in this partnership."

About Canadian Tire Corporation

Canadian Tire Corporation, Limited, (TSX:CTC.A) (TSX:CTC) or "CTC," is a
family of businesses that includes a retail segment, a financial services
division, CT REIT and Canadian Tire Jumpstart Charities, CTC's affiliated
national charity that is dedicated to removing financial barriers so kids
across Canada can participate in sports and physical activities. Our retail
business is led by Canadian Tire, which was founded in 1922 and provides
Canadians with products for life in Canada across its Living, Playing,
Fixing, Automotive and Seasonal categories. PartSource and Gas+ are key parts
of the Canadian Tire network. The retail segment also includes Mark's, a
leading source for casual and industrial wear, and FGL Sports (Sport Chek,
Hockey Experts, Sports Experts, National Sports, Intersport, Pro Hockey Life
and Atmosphere), which offers the best active wear brands. The nearly 1,700
retail and gasoline outlets are supported and strengthened by our Financial
Services division and the approximately 85,000 people employed across the
Company. For more information, visit corp.canadiantire.ca.

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 employs over 9,800 IT professionals
and serves clients worldwide utilizing its award-winning Central and Eastern
European global delivery platform and its locations in 17 countries
throughout North America, Europe, and Asia. In 2013, EPAM was ranked by
Forbes as #6 amongAmerica's 25 Fastest-Growing Tech Companiesand #2 on the
list ofAmerica's Best Small Companies: 20 Fast-Growing Tech Stars.

For more information, please visitwww.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.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EPAM Systems, Inc. via Globenewswire

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