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Thursday, 10 January 2013, 22:35 HKT/SGT

Source: EPAM Systems, Inc.
TriZetto, a Leader in Healthcare IT Solutions, Selected EPAM as a Strategic Software Development Partner

Newtown, PA, Jan 10, 2013 - (ACN Newswire) - EPAM (NYSE:EPAM), a leading provider of complex software engineering services and solutions and the leader in Central and Eastern European IT delivery, today announced that it was selected as a software engineering and product development partner by TriZetto Corporation, a company which has been innovating healthcare IT since 1997. Today, TriZetto delivers solutions and services that simplify healthcare for everyone, improves collaboration among payers and providers, and enables greater efficiency and effectiveness in healthcare. As a result of this selection, EPAM will assist TriZetto in developing solutions that help healthcare organizations access a comprehensive array of capabilities necessary to meet today's challenges of the evolving healthcare market.

"We were looking for a partner with strong product engineering capabilities," says Pierre Samec, EVP and CTO at TriZetto, "EPAM's track record coupled with its deep experience in Microsoft technologies, BI/Big Data, and Agile development led TriZetto to select EPAM as a key development partner."

"TriZetto is a very important relationship to EPAM," says Arkadiy Dobkin, CEO and President of EPAM Systems. "We understand the very fast rate of change in healthcare and insurance today and many new challenges that IT technology providers to the industry are facing with. That is why we are very happy to see that such a well-recognized healthcare IT solution leader as TriZetto trusted EPAM's software engineering and product development capabilities to help address those challenges."

About TriZetto

TriZetto provides world-class information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health. TriZetto solutions touch over half the U.S. insured population and reach more than 200,000 care providers. TriZetto helps healthcare organizations enhance administrative efficiency; improve the cost, quality and delivery of care; address compliance; and compete to win in an emerging retail market. Payer solutions include benefits administration, care management, network management and portal platforms, as well as consulting, application management and business management services. Provider solutions include real-time eligibility assurance, claims editing, revenue cycle management technology and services that help providers get paid quickly and accurately. For more information, visit www.trizetto.com .

About EPAM Systems

Established in 1993, EPAM Systems (NYSE: EPAM) provides complex software engineering solutions through its software engineering solutions through its award-winning Central and Eastern European service delivery platform. Headquartered in the United States, EPAM employs over 8,150 100 IT professionals and serves clients worldwide from its locations in the United States, Canada, UK, Switzerland, Germany, Sweden, Belarus, Hungary, Russia, Ukraine, Kazakhstan, and Poland.

EPAM is recognized among the top companies in IAOP's "The 2012 Global Outsourcing 100", featuring EPAM in a variety of sub-lists, including "Leaders-Companies in Eastern Europe." The company is also ranked among the best global service providers on "The 2012 Global Services 100" by Global Services Magazine and Neogroup, which names EPAM "Leaders-Global Product Development" category Top 10 Market Leaders in Industry Verticals by Zinnov's "Global R&D Service Providers Rating (GSPR) 2012". EPAM was named as one of the three best companies in the Independent Software Vendor (ISV) Enterprise Software and Consumer Software, Enterprise Mobility and Cloud verticals. 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.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: EPAM Systems, Inc. via Thomson Reuters ONE

Topic: Press release summary

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