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// EPAM ACQUIRES ENGINIETY, ENHANCING DIGITAL COMMERCE TECHNOLOGY CAPABILITIES

Published on 1/25/2022

NEWTOWN, PA., USA, Jan. 25, 2022 – EPAM Systems Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the acquisition of ENGINIETY, a full-service commerce technology delivery firm, including specializations in SAP Commerce Cloud capabilities. To learn more about how EPAM reimagines & transforms commerce platforms, visit epam.com/our-work/ The acquisition of ENGINIETY further expands EPAM’s capabilities to deliver end-to-end solutions for designing and building sophisticated commerce platforms. Guided by the principles of engineering, ENGINIETY’s specialties and expertise include:

  • Extensive technological knowledge and expertise in compound platforms – Transactional E-Commerce, Product Information Management, Digital Experience Platforms (DXP & CMS) and Digital Asset Management.

  • Efficient and innovative, full-service commerce delivery—consulting and advisory on leading software platforms and tools including SAP Commerce Cloud (Hybris), commercetools, composable commerce, headless frameworks, application support and DevOps.

  • Customers include Vision Express, Nikon, Play and TUI.

    About EPAM Systems

    Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its advanced software engineering heritage to become the foremost global digital transformation services provider – leading the industry in digital and physical product development and digital platform engineering services. Through its innovative strategy; integrated advisory, consulting and design capabilities; and unique ‘Engineering DNA,’ EPAM’s globally deployed hybrid teams help make the future real for clients and communities around the world by powering better enterprise, education and health platforms that connect people, optimize experiences, and improve people’s lives. Selected by Newsweek as a 2021 Most Loved Workplace, EPAM’s global multi-disciplinary teams serve customers in more than 40 countries across five continents. As a recognized leader, EPAM is listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked as the top IT services company on Fortune’s 100 Fastest-Growing Companies list for the last three consecutive years. EPAM is also listed among Ad Age’s top 25 World’s Largest Agency Companies and in 2020, Consulting Magazine named EPAM Continuum a top 20 Fastest-Growing Firm. Learn more at www.epam.com and follow EPAM on Twitter and LinkedIn.

    About ENGINIETY

    ENGINIETY leverages commerce technology to the best advantage of business. Driven by strong engineering values and built on unique team expertise, ENGINIETY delivers commerce technology for European market leaders. ENGINIETY is your trusted partner in designing, building, and maintaining complex commerce platforms with a clear goal of advancing your business. ENGINIETY provides support to evaluate, choose and implement commerce, PIM, DXP, CMS and DAM solutions to build up a consistent, flexible and future-proof system architecture. To learn more about our success stories, please visit www.enginiety.com or follow us on Linkedin.

    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.

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