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2016-11-14

EPAM Systems, Inc: EPAM Expands EU Footprint With Opening of Ireland Office

Company increases ability to serve regional clients and benefits from local,
highly-skilled talent

NEWTOWN, Pa., Nov. 14, 2016 (GLOBE NEWSWIRE) -- EPAM Systems (NYSE:EPAM), a
leading global provider of product development and software engineering
solutions, today announced the opening of its new office in Dublin, Ireland.
The launch of the Dublin office further cements EPAM's ability to meet global
demand for the company's solutions to complex digital business challenges. In
addition, Ireland's reputation as a growing and strategic technology
innovation hub fits well with the company's global diversification strategy.

"Ireland is very important for us, not only in terms of how we build long-term
collaborative customer relationships, but also because of the access to the
country's sophisticated technical talent," said Solman Rahman, SVP UK and
Ireland, EPAM. "We've seen Dublin become an innovation hub and a location to
source top talent in the region, so we are excited to establish our new
office and further invest in our Irish business."

According to Aidan Brogan, CEO, Datalex and an EPAM customer for 14 years,
"EPAM is an important development and innovation partner for Datalex, as a
global provider of digital commerce software for travel retail. The recent
opening of the EPAM Dublin office will further support our engagement into
the future."

With the continued growth of a significant client base in Ireland, EPAM is
expanding its local team to further strengthen existing relationships with
local customers and grow the business.

"I don't think there has been a more exciting time to be a part of the
business and experience the digital transformation and innovation wave," said
Martin Byrne, Ireland Country Manager, EPAM. "We look forward to recruiting
top local talent and building a strong team here to complement our offices
around the world and offer our local customers more personalized service."

The location, at Alexandra House, Ballsbridge Park, will include business
functions for sales and operations and support current and prospective EPAM
customers in Ireland, as well as the broader EU. The company's combined
onsite and nearshore workforce supporting its dedicated Irish client base
will number around 450 employees by the end of 2016, growing to approximately
500 employees by the end of 2017.

About EPAM Systems
EPAM Systems, Inc. (NYSE:EPAM), a leading global product development and
platform engineering services company, is focused on delivering results
through best-in-class software engineering, combined with innovative
strategy, consulting and design capabilities. With 23 years of experience in
the information technology industry, EPAM's 18,000 people serve our customers
in over 25 countries across North America, Europe, Asia and Australia. EPAM
was ranked #8 in FORBES 25 Fastest Growing Public Tech Companies and ranked
as a top information technology services company on FORTUNE'S 100 Fastest
Growing Companies.

For more information, please visit http://www.epam.com/ and follow us on
Twitter (@EPAMSYSTEMS) and LinkedIn.

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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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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