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2014-04-23

EPAM Systems, Inc.: EPAM Becomes The Fastest Rising Company in the Canadian CDN Top 100 Award History

Newtown, PA - April 23, 2014 -
EPAM Systems, Inc. (NYSE:EPAM), a leading provider of complex product
development and software engineering solutions and a leader in Central and
Eastern European IT service delivery, was named the rising star on the CDN
Top 100 Solution Providers 2013 list. Since 2012, EPAM has moved up 52 places
on the list, qualifying as the fastest riser in the award history.

Organized by IT World Canada and CDN, the premier digital news source for the
Canadian technology channel, this annual ranking recognizes excellence and
leadership of Canadian IT services providers. EPAM Systems expanded its
regional footprint in 2012 through the acquisition of Thoughtcorp, a
Toronto-based IT consultancy and software solution provider. With expanded
offerings and the introduction of a global delivery model, EPAM Canada has
tripled its business over the past two years, and moved up the ranks as one
the country's most respected software engineering companies.

"This award and our growth reflects the fact that clients in Financial
Services, Retail, Media, and HiTech increasingly look for providers able to
provide complex software engineering services,"
says Kirk Robinson, VP, General Manager Canadian Operations, EPAM Systems.
"EPAM has been providing these services for over 20 years, and with the
investments in Canada and dedication of our local team, is proving our
ability to deliver innovative solutions for the most demanding clients."

The CDN award ceremony took place in Woodbridge, ON, on April 9, 2014. For the
full list of the Top 100 Solution Providers, pleaseclick here.

About EPAM Systems

Established in 1993, EPAM Systems (NYSE: EPAM), is recognized as a leader in
software product development by independent research agencies. Headquartered
in the United States, EPAM employs over 9,300 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. EPAM was ranked by Forbes as #6 amongAmerica's 25
Fastest-Growing Tech Companiesand #2 amongthe Fast-Growing Tech Stars.

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.

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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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