Newtown, PA — October 11, 2010 — EPAM Systems, Inc., the leading software engineering and IT Outsourcing (ITO) provider in Central and Eastern Europe (CEE), has announced today that its proprietary SDLC management platform, Project Management Center (PMC), has been included in the “Buyers Guide: Software Development and Project Management Tools and Services” in its recent article “Taking a Scrum Approach to Product Development” by Software Magazine — the Software Decision Journal — home of the Software 500 ranking of the world’s largest software product and services companies.

EPAM has continuously refined its internal development tools to keep pace with the evolving demands of its client engagements, integrating up-to-date methodologies with a real-word appreciation of market needs. This forward-looking investment is well represented in EPAM’s Project Management Center (PMC) — a robust web based SDLC collaboration platform addressing the needs of Global Delivery Model (GDM) for organizing, coordinating, and tracking the delivery process of complex geographically distributed projects allowing different types of development paradigms working together.

EPAM’s embrace of Scrum methodologies was driven by the need of the global clients for a more flexible approach to software development to better meet the dynamic requirements of their diverse businesses and day-to-day realities of globally distributed development teams. Through the experience of addressing many challenges in these client engagements, EPAM developed a deep, practical understanding of distributed Scrum practices and implemented those within its toolsets.

“EPAM’s accumulated expertise in Scrum methodology, coupled with the comprehensive set of tools found in PMC, allowed us to take on complex and mission critical engagements that would fall outside the capabilities of many of our competitors. It is also an important factor behind EPAM’s recognized leadership in Outsourced Product Development and large geographically distributed application development engagements,” said Balazs Fejes, EPAM’s CTO. “Having Software Magazine recognize our proprietary platform among best toolsets on the market further validates the quality behind our services, and underscores the value and expertise we bring to every client we work with.”

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world’s largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

About EPAM Systems

Established in 1993, EPAM Systems, Inc. is the leading global software engineering and IT consulting provider with delivery centers throughout Central and Eastern Europe. Headquartered in the United States, EPAM employs over 5,000 professionals and provides services to clients worldwide utilizing a global delivery model through its client facing and delivery operations in North America, UK, Germany, Switzerland, Sweden, Russia, Belarus, Hungary, Ukraine, and Kazakhstan.

EPAM’s core competencies include complex software product engineering for leading global software and technology vendors, as well as development, testing, maintenance, and support of mission critical business applications and vertically oriented IT consulting services for global Fortune 2000 corporations.

EPAM is recognized among the top companies in IAOP’s “The 2010 Global Outsourcing 100″ and in “The 2009 Global Services 100″ by Global Services Magazine and neoIT. The company is the only CEE’s IT services vendor included in the global “Top 10 Best Performers: IT Services” and also ranked among the world’s “Top 10 Best Performers: Outsourced Product Development” according to the magazine’s 2009 rating.