Cognizant Technology Solutions Awarded QAI's 'Best of Best Practices Award' at SEPG Conference.Business Editors & High-Tech Writers TEANECK, N.J.--(BUSINESS WIRE)--March 10, 2000 Senior member of Software Engineering Institute (SEI) at Carnegie Mellon chooses Cognizant for its successful deployment of organization-wide quality processes and process improvement measures Cognizant Technology Solutions Cognizant redirects here. For a definition of the word see the entry for at Wiktionary Cognizant Technology Solutions (NASDAQ: CTSH) is an information technology services company with headquarters in New Jersey U.S.A. Corporation, an e-business and application management specialist, has been awarded the "Best of Best Practices Award" by Quality Assurance of India (QAI QAI Quality Assurance International QAI Quality Assurance Institute (Orlando, Florida) QAI Quality Assurance Inspection QAI Quality Auditing Institute QAI Quantitative Analytics Inc. QAI Quality Assurance Instructions ) and the Carnegie Mellon Center for Information Systems Engineering. The Award was presented at the SEPG SEPG Software Engineering Process Group SEPG Sangreal Executive Protection Group (worldwide security services) 2000 Conference held at Bangalore. Mr. Pankaj Jalote, head of Computer Science at IIT IIT - Integrated Information Technology Kanpur, screened the 60 nominations in four categories and shortlisted four from each. Jalote then forwarded them to Mark C. Paulk, senior member of Software Engineering Process Management at Carnegie Mellon University Carnegie Mellon University, at Pittsburgh, Pa.; est. 1967 through the merger of the Carnegie Institute of Technology (founded 1900, opened 1905) and the Mellon Institute of Industrial Research (founded 1913). , Pittsburgh, Penn., and one of the authors of the software Capability Maturity Model (CMM (Capability Maturity Model) A process developed by SEI in 1986 to help improve, over time, the application of an organization's supporting software technologies. ). "My choice for the 'Best of the Best' Award in the category of Best Practices is 'Audit Plan to Process Improvement--An Automated Journey,' by the quality professionals from Cognizant Technology Solutions," said Paulk. "This paper has four attributes to be commended: use of quantitative data to demonstrate the impact of process improvement actions; emphasis on timely feedback; effective use of software tools to reduce errors, decrease cycle time and automate processes, and the substantive way in which the Software Quality Assurance (SQA SQA Scottish Qualifications Authority SQA Software Quality Assurance SQA Supplier Quality Assurance SQA Society of Quality Assurance SQA Singapore Airlines SQA Sperm Quality Analyzer SQA System Quality Assurance SQA Statistical Quality Analysis ) evolves as an organization matures." "This project utilized all our skills," said Emani Sarathy, head of Cognizant's Process and Quality Management Board. "We always thought it would be possible to integrate software internal audit planning, audit processes, audit follow-up, analysis of findings and process improvement suggestions, and quantitatively monitor the activities and effectiveness of Quality Reviewers' activities. We therefore developed an integrated system and effectively implemented it. This has resulted in recognition from delegates at the SEPG conference and from around the world." About Quality Assurance India Limited Quality Assurance India Limited, a joint venture between QAI, USA and INTECOS, India, facilitates enhanced competitiveness amongst software organizations through multi-faceted interventions. QAI India focuses on the triad of People, Process and Technology for achieving break-through performance in customer companies. QAI India's services include consulting, conducting quality-specific conferences, training, benchmarking, and conducting CMM assessments. For more information, visit QAI on the Web at http://www.qaiindia.com. About Cognizant Technology Solutions Cognizant delivers high-quality, cost-effective, full life-cycle solutions to complex software development and management problems. Cognizant employs more than 2,000 computer science and engineering professionals globally, including at its eight development centers in India. The company specializes in e-business and application management. Cognizant has been assessed at SEI/CMM Level 4 and is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified across all of its development centers. Based on sustained revenue and earnings growth, Forbes magazine named Cognizant the best small company in its Nov. 1, 1999 listing of the 200 Best Small Companies. For more information, visit Cognizant on the Web at http://www.cognizant.com. This press release includes statements that may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Although Cognizant believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. These statements may involve risks and uncertainties that could cause actual results to differ materially from the expected results. Such risks include, but are not limited to, the risk factors described in Cognizant's Registration Statement on Form S-1 and in other reports and periodic filings made from time to time with the Securities and Exchange Commission. |
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