8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 30, 2014

EPAM SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware	1-35418	223536104
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
41 University Drive, Suite 202 Newtown, Pennsylvania		18940
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 267-759-9000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

Attached as Exhibit 99.1 and incorporated by reference into this Item 8.01 is a copy of the press release issued by EPAM Systems, Inc., dated April 30, 2014, reporting the Joint Technology Development Limited acquisition.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1Press Release of EPAM Systems, Inc. dated April 30, 2014.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

EPAM Systems, Inc.
By:	/s/
	Name:	Ginger Mosier
	Title:	Vice President, General Counsel and Corporate Secretary

EX-99.1

Exhibit 99.1

EPAM Acquires Jointech, Expands China-Based Delivery Capabilities

Newtown, PA – April 30, 2014 - EPAM Systems, Inc. (NYSE:EPAM), a leading provider of product development and complex software engineering solutions, announced it has acquired Joint Technology Development Limited (“Jointech”), a company providing strategic technology services to multi-national organizations in Investment Banking, Wealth and Asset Management.

“Since 2007, Jointech professionals in Shenzhen and Hong Kong have delivered specialized solutions tailored to the needs of Investment Banks and Wealth Managers. Our engineering center in Shenzhen is world-class. Our 7-year presence in the region and extensive track record serving global investment banks combines well with EPAM’s deep service portfolio and scaled delivery platform across Eastern Europe and other regions. We are very pleased to benefit from EPAM’s expertise as we build together in APAC and create an integrated global platform for our multinational clients.” said John Cestar, co-founder of Jointech.

Arkadiy Dobkin, CEO and President of EPAM added, “We are very excited about Jointech becoming a part of EPAM. This acquisition will help EPAM both cover the needs of our Banking clients in growing markets, such as South East Asia, and significantly expand EPAM China, Honk Kong, and Singapore footprint to serve large global customers across all of the other EPAM verticals.”

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 approximately 9,800 professionals and serves clients worldwide utilizing its award-winning Central and Eastern European global delivery platform and its locations in 17 countries throughout North America, Europe, and Asia. EPAM was ranked by Forbes as #6 among America’s 25 Fastest-Growing Tech Companies and #2 among the Fast-Growing Tech Stars.

For more information, please visit www.epam.com.

About Joint Technology Development Limited

Joint Technology Development Limited is a company providing strategic technology development, analytics and business process capabilities from Shenzhen, China to Global Investment banking and asset management industry.

For more information, please visit www.jointechdev.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.

Contact:EPAM Systems, Inc.Anthony J. Conte, Chief Financial OfficerPhone: +1-267-759-9000 x64588Fax: +1-267-759-8989E-Mail: investor_relations@epam.com