Cognizant Opens Canadian Development Center to Provide Services to Canadian and US Customers.

TEANECK, N.J. -- New Toronto Center to Deliver Full Range of Cognizant's IT Services; Will Leverage Global Quality Processes, Follow-the-Sun Capabilities, and Security Infrastructure

Cognizant (Nasdaq: CTSH), a leading provider of IT services, today announced that it has opened a Toronto-based Canadian Development Center to provide near-shore services to US clients and to serve as a domestic center for a growing list of Canadian customers.

Cognizant's Toronto center, the 18th location in the Company's expanding network of delivery centers around the world, has been established to serve the needs of a growing number of clients in the United States and Canada who are requesting Canada-based delivery capability. Due to the low cost of operations and access to a strong talent pool, Cognizant's center in Canada will complement the Company's existing development centers around the globe.

"We see a growing need to provide IT services from a Canadian development center that can leverage Cognizant's global delivery capabilities," said Lakshmi Narayanan, President and CEO of Cognizant. "Demand is strong from both Canadian and US companies."

Forrester Research estimates that when compared with the US, Canadian firms spend a larger portion of their budgets on IT services. Forrester anticipates that Canadian companies will have spent 50% more of their budgets on outsourcing than US companies when final 2004 spending figures are reported.

About Cognizant Technology Solutions 

Cognizant (NASDAQ: CTSH) is a leading provider of IT services. Focused on delivering strategic information technology solutions that address the complex business needs of its clients, Cognizant provides applications management, development, integration, and re-engineering, infrastructure management, business process outsourcing, and a number of related services such as enterprise consulting, technology architecture, program management and change management through its onsite/offshore outsourcing model.

Cognizant's more than 14,000 employees 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 onsite client teams. Cognizant maintains P-CMM and SEI-CMM Level 5 assessments from an independent third-party assessor, was recently named Forbes' Best Small Company in America for the second consecutive year, and ranked as the top information technology company in BusinessWeek's Hot Growth Companies. Further information about Cognizant can be found at http://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.