Released on: July 1, 2008, 8:36 am

Press Release Author: EPAM Systems

Industry: Software

Press Release Summary: Award recognizes entrepreneurial excellence in Information
Technology Consulting category

Press Release Body: Lawrenceville, NJ - July 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 Arkadiy Dobkin, EPAM
Founder, Chairman and CEO, has been named winner of the Entrepreneur Of The
Year®2008 award in New Jersey, Information Technology Consulting category,
organized by Ernst & Young, a global leader in assurance, tax, transaction and
advisory services.
According to Ernst & Young, the awards are given to entrepreneurs who demonstrate
extraordinary success in the areas of innovation, financial performance and personal
commitment to their businesses and communities. The awards nominees were evaluated
by independent regional panels of judges who assessed contenders for each designated
category by the following criteria: vision, leadership, achievement, and social
responsibility reflected in the revenue growth, innovation, risk-taking, and
personal commitment to the business and the community.
An immigrant to the US, in 1993 Arkadiy Dobkin formed EPAM, which became one of the
first outsourcing companies to leverage the talented pool of Eastern European
engineers. Under his supervision EPAM grew into a strong multicultural team of
best-in-class IT professionals referenced by company's Fortune 500 global clients,
industry professionals, and media. By 2006, Consulting Magazine named Arkadiy Dobkin
one of the Top 25 Consultants of the Year. In 2007 Dobkin was shortlisted as a top
three finalist of the Ernst & Young NJ awards program together with the founders of
Cognizant Technology Solutions and Artech Information System. In the victorious
2008, Arkadiy Dobkin was nominated for the awards in the Information Technology
Services category by a global technology leader SAP, one of EPAM's partners and
customers with an eleven-year successful partnership record.
"Ernst & Young is pleased to honor outstanding business leaders such as Arkadiy
Dobkin," said Keith Brownlie, Ernst & Young Entrepreneur Of The Year Program
Director for New Jersey. "Winners of the Entrepreneur of The Year award build
leading businesses and contribute a great deal to the communities around them. Their
success helps our area grow stronger."
"I would like to thank EPAM co-founders, veterans, and all employees for their hard
work and commitment to our common goal. This success can be attributed literally to
everybody in the company, in North America and Europe, and I am happy and proud to
be a part of this innovative and dedicated team," noted Arkadiy Dobkin, EPAM
Chairman and CEO.
As a New Jersey award winner, Arkadiy Dobkin is now eligible for consideration for
the Ernst & Young Entrepreneur of The Year 2008 national program. Award winners in
several national categories, as well as the overall national Ernst & Young
Entrepreneur Of The Year award winner, will be announced at the annual awards gala
in Palm Springs, California on November 15, 2008. The awards are the culminating
event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious
gathering of high-growth, market-leading companies.
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 (CEE). Headquartered in the United States and serving clients worldwide, EPAM
provides software development and IT related services through its 4,000
professionals deployed across client delivery centers in Russia, Belarus, Hungary,
and Ukraine.

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 ranked among the top companies in IAOP\'s \"The 2008 Global Outsourcing 100\"
and in \"2007 Top 50 Best Managed Outsourcing Vendors\" by Brown-Wilson Group's Black
Book of Outsourcing. Global Services Magazine recognized EPAM in its \"2008 Global
Services 100\" list as No.1 company in the \"Emerging European Markets\" and included
EPAM into the global Top 10 \"Best Performing IT Services Providers\".

For more information on EPAM Systems, Inc., please visit www.epam.com.
About the Ernst & Young Entrepreneur Of The Year Awards
Ernst & Young's Entrepreneur Of The Year is the world's most prestigious business
award for entrepreneurs. The award makes a difference through the unique way it
encourages entrepreneurial activity among those with potential and recognizes the
contribution of people who inspire others with their vision, leadership and
achievement. As the first and only truly global award of its kind, Ernst & Young
Entrepreneur Of The Year celebrates those who are building and leading successful,
growing and dynamic businesses, recognizing them through regional, national and
global awards programs in more than 135 cities in 50 countries.
About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory
services. Worldwide, our 130,000 people are united by our shared values and an
unwavering commitment to quality. We make a difference by helping our people, our
clients and our wider communities achieve potential.
For more information, please visit www.ey.com.
Ernst & Young refers to the global organization of member firms of Ernst & Young
Global Limited, each of which is a separate legal entity. Ernst & Young Global
Limited, a UK company limited by guarantee, does not provide services to clients.


Web Site: http://www.epam.com

Contact Details: EPAM Systems
Princeton Pike Corporate Center
989 Lenox Dr., Suite 305
Lawrenceville, NJ 08648
Phone: +1-609-844-0400
Fax: +1-609-844-0415