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EPAM Debuts as Top Information Technology Services Company on Fortune’s 100 Fastest Growing Companies of 2015

NEWTOWN, Pa., Sept. 08, 2015 (GLOBE NEWSWIRE) -- EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, announced today that it was named to Fortune’s 100 Fastest-Growing Companies for 2015. This is the first year that EPAM has appeared in Fortune’s annual ranking of companies with the most stellar three-year profit, revenue and stock growth.

“Over the past few years, our investments have been focused on an ever-evolving mix of advanced capabilities. Since January 2015, EPAM has been mentioned in 28 reports from Forrester, Gartner and a number of other industry analysts covering topics from Agile Services, to Digital Innovation to BI and Analytics and in key verticals for us such as Financial Services, Life Sciences and Healthcare, Retail and Distribution, and Travel and Hospitality,” said Arkadiy Dobkin, CEO and President, EPAM. “Today, we are very pleased to see that those investments bring our financial performance in line with best-in-class companies across other industry sectors. Being included as top information technology services company, in such a prestigious ranking as the Fortune List of 100 Fastest Growing companies, is a strong validation of that.”

Fortune’s 100 Fastest-Growing companies are publicly traded companies ranked by revenue growth rate, EPS growth rate and thee-year annualized total return for the period ended June 30, 2015. The overall rank is based on the sum of three ranks.

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 20 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/.

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

Source:EPAM