Princeton, NJ — January 19, 2006 — EPAM Systems, the leading provider of outsourced software engineering services with development centers in Central and Eastern Europe, has confirmed today that 2005 was an impressively successful year for the company. EPAM's continued growth, business success and industry recognition attained in 2005 have empowered the company to reinforce its position of No.1 software services outsourcing company with development centers in Central and Eastern Europe. The highlights of the year in review include:
Arkadiy Dobkin, EPAM CEO, said: "The encouraging growth and performance results of the company in 2005 create healthy potential for new accomplishments in the year 2006. We hope to further capitalize on the increasing attractiveness of the Eastern European region as an IT outsourcing destination and on our proven capability to deliver excellence in software engineering".
About EPAM Systems
EPAM Systems is a leading provider of software development outsourcing services. In January 2005 EPAM was named No.1 of "Top 5 to Watch in Central and Eastern Europe" and No.3 of "Top 10 Specialty Application Development Leaders" on the global Offshore 100 list by neoIT and CMP's Managing Offshore. Established in 1993 in Princeton, New Jersey, EPAM Systems has technology development centers in Russia, Belarus, Ukraine and Hungary. EPAM delivers complex business and technology solutions using a delivery model that combines onsite presence (in US and EU) with Eastern European offshore and nearshore services.
EPAM's customer base includes Reuters, Samsung America, Colgate-Palmolive, Empire and CareFirst BlueCross BlueShield, London Stock Exchange, Halliburton, and British Telecom, among others. In the technology world, EPAM provides services to firms such as SAP, Hyperion, BEA Systems, Microsoft, and many others.
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