Cognizant Cited as a Leader by Independent Research Firm in North American Applications Outsourcing Report, Q1 2007



    
    Recognized as Top Offshore Provider for North American Applications
    Outsourcing
    

    TEANECK, N.J., March 26 /CNW/ -- Cognizant (Nasdaq:   CTSH), a leading
provider of IT and business process outsourcing services, today announced that
it was among the select companies that Forrester invited to participate in The
Forrester Wave: North American Applications Outsourcing Q1 2007. In this
evaluation, Cognizant was recognized as a leader in the report and cited as
the top offshore provider for North American applications outsourcing.
    "Among leading Indian offshore firms, Cognizant received the highest
overall grade for cultural fit while remaining price-competitive," states the
report by Forrester Research. "Cognizant performed well in our analysis
because of a variety of strengths.  One that stood out in particular was its
cultural affinity with US clients. 'What makes them so good is their ability
to understand the U.S. culture,' said one customer reference, who rated
Cognizant as its top applications outsourcing (AO) provider. Cognizant also
exhibited strong price competitiveness: a one-two punch that helps to explain
its rapid growth."
    The rankings represent Forrester's selection of the top performers from
each of the major categories that make up the North American Applications
Outsourcing Providers -- multinational corporations (MNC's) and offshore
players.  Top companies in each sector were chosen based on current offerings
(technical, engagement and functional approach; client references; and
complementary capabilities), strategy (solution and corporate) and market
presence (based on customer base, financial performance and engagement
profile).
    "We are honored to be recognized by Forrester for our applications
outsourcing strategy, cultural fit and global delivery capabilities," said
Francisco D'Souza, President and CEO, Cognizant. "What distinguishes Cognizant
in the applications outsourcing market is our utmost focus on client
satisfaction and our commitment to delivering higher returns on their IT
outsourcing investment. This recognition is a testament to the hard work and
dedication of our talented employees around the world, and to our deep and
long experience in Applications Outsourcing, which has resulted in the
maturity and completeness of our offerings."
    For complete details on Cognizant's ranking or to receive a copy of the
report, please go to www.cognizant.com/go/AOWave

    
    About Cognizant's Applications Outsourcing Approach
    
    Cognizant takes a holistic approach to managing outsourcing engagements
via its unique relationship management model. Cognizant tracks a client
engagement at various levels to ensure that all aspects -- project delivery,
infrastructure, quality processes, resource management and financial issues --
are addressed.

    
    About Cognizant
    
    Cognizant (Nasdaq:   CTSH) is a leading provider of IT and business process
outsourcing services. Focused on delivering strategic information technology
solutions that address the complex business needs of its clients, Cognizant
uses its own on-site/offshore outsourcing model to provide applications
management, development, integration, and reengineering; infrastructure
management; business process outsourcing; and numerous related services, such
as enterprise consulting, technology architecture, program management, and
change management.
    Cognizant has over 40,000 employees who are committed to partnerships
that sustain long-term, proven value for customers by delivering high-quality,
cost-effective solutions through its development centers in India and on-site
client teams. Cognizant maintains P-CMM, SW-CMM and CMMI Maturity Level 5
assessments from an independent third-party assessor and ranked among the top
information technology companies in Business Week's Hot Growth Companies.
Cognizant is a member of the NASDAQ-100 Index and the S&P 500 Index. Find
additional information about Cognizant at www.cognizant.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 Form 10-K and
other filings with the Securities and Exchange Commission. Cognizant
undertakes no obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or otherwise.





For further information:

For further information: Malcolm Frank, Senior Vice President, Marketing
 and Strategy, +1-617-273-9282, Malcolm.Frank@cognizant.com; or Investors: 
Gordon McCoun, Press: Brian Maddox, or Scot Hoffman, Financial Dynamics, 
+1-212-850-5617, scot.hoffman@fd.com Web Site: http://www.cognizant.com      
           http://www.cognizant.com/html/insights/forresterwave.asp

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