EPAM Rated No. 1 Software Engineering Company in Kazakhstan, Enters Top Rankings in Information & Communication Technologies

Newtown, PA - July 2, 2014 - EPAM Systems, Inc. (NYSE:EPAM), a leading provider of product development and software engineering solutions known for its award-winning Central and Eastern European global delivery platform, has been independently ranked #1 among the 2013 leaders in Software Engineering in Kazakhstan by Expert RA, a leading international rating agency. The positioning is part of the annual project "Information and Communication Technologies in Kazakhstan" exploring the Kazakh IT market and its largest players. New to the ranking, EPAM Systems has also entered the list as #2 leading IT services provider and #2 leading company in Information and Communication Technologies in the country.

"2013 was another year of growing the significance of software engineering services in the IT market landscape of Kazakhstan," said Arkadiy Dobkin, CEO & President, EPAM Systems. "Both multi-national companies and local organizations are looking for partners with a proven track record of delivering complex projects and we are pleased to see this independent, internationally recognized confirmation of our ability to meet the rising demands of our clients."

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 employs over 9,800 IT professionals and serves clients worldwide utilizing its award-winning Central and Eastern European global delivery platform and its locations in 17 countries across 4 continents. In 2013, EPAM was ranked by Forbes as #6 among America's 25 Fastest-Growing Tech Companies and #2 on the list of America's Best Small Companies: 20 Fast-Growing Tech Stars.

For more information, please visit 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.

Media Contact:

EPAM Systems, Inc.
Alex Lyashok, Head of Global Operations
Phone: +1-267-759-9000 x56669
Email: prinquiry@epam.com

Investor Relations:

EPAM Systems, Inc.
Anthony J. Conte, Chief Financial Officer
Phone: +1-267-759-9000 x64588
Fax: +1-267-759-8989
Email: investor_relations@epam.com