EPAM Systems, Inc. : TriZetto, a leader in healthcare IT solutions, selected
EPAM as a strategic software development partner
Newtown, PA - January 10, 2013 - 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."
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 softwareengineering solutionsthroughits
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.
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
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
information contained therein.
Source: EPAM Systems, Inc. via Thomson Reuters ONE
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