The company is rated 5^th among the region’s 50 fastest growing companies

Lawrenceville, NJ — December 3, 2008 — EPAM Systems, Inc. was honored as the 5^th within the fifty fastest growing companies ranking of New Jersey businesses by NJBIZ, the state’s weekly business journal.  EPAM Systems (www.epam.com), is a leading provider of software engineering and IT Outsourcing (ITO) services with delivery centers in Central and Eastern Europe (CEE).

New Jersey and its vicinity is home to over 20 percent of the FORTUNE 500® company headquarters, with more than 1,100 multinational firms from over 40 nations. This region is often referred to as “the epicenter of the nation’s largest business corridor.”  EPAM, founded and headquartered in Lawrenceville, has made the New Jersey’s Finest list for the 3^rd consecutive year, and was honored by NJBIZ on November 17^th at their annual award ceremony. 

“We are proud to be among the winners of this prestigious award. EPAM’s technology expertise and global presence that help companies outsource critical IT needs in a timely and cost-effective manner — in our case, worldwide — have served us, and our clients, well. Congratulations to all the winners! We are committed to continue bringing value to our clients, while growing EPAM Systems in this difficult business environment,” stated Arkadiy Dobkin, EPAM President and CEO.

About NJBIZ

NJBIZ, New Jersey’s only weekly business journal covering the entire state, was founded in 1987. The publication has received numerous statewide and national awards including the 2006 Most Improved Award from the Alliance of Area Business Publications.  NJBIZ is owned by Journal Publications Inc., a multi title publishing and events company based in Harrisburg, Pennsylvania.

www.njbiz.com