Lawrenceville, NJ — December 1, 2008 — EPAM Systems, Inc., the leading software engineering and IT Outsourcing (ITO) provider with delivery centers in Central and Eastern Europe (CEE), announced today that it has advanced to the 190^th place on Software Magazine’s annual ranking of the world’s 500 largest software and service providers – The Software 500.

EPAM is proud to be named on the prestigious The Software 500 list along with 29 of its ISV (Independent Software Vendors) clients, ranging from promising start-ups to global software leaders including three of the Top 10 honorees on the list.

Since its inception in 1993, EPAM has enabled ISVs and other technology focused organizations to build, maintain and support world-class software products. 

Today, utilizing the talent and experience of thousands of engineers located in advanced development centers across Central and Eastern Europe, EPAM covers the complete software development lifecycle from research to prototyping and development, testing, deployment, maintenance and support for variety of products including world’s leading ERP and eCommerce applications as well as specialized embedded software that controls some of the most sophisticated electronic devices.  

In addition EPAM offers its unique ability to deliver complex distributed professional services including architecture level consulting, product customization, porting and cross-platform migration, as well as deployment of mission critical enterprise level highly customized solutions built on top of the standard product functionality.

“We would like to congratulate our 29 ISV clients who made this year’s list. We extend our thanks for the opportunity we have enjoyed to grow together and to leverage each other’s strengths,” commented Arkadiy Dobkin, EPAM’s President and CEO, noting: “We are also confident that many of our younger, but nevertheless innovative and fast growing clients will make the list in coming years.”