Cognizant Technology Solutions Selected as Finalist in Two Categories of Solutions Integrator's Impact Awards.TEANECK, N.J.--(BUSINESS WIRE)--June 17, 1999-- 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 (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CTSH), an applications outsourcer providing software development and maintenance services, is pleased to announce it has been named finalist in two categories of Solutions Integrator's inaugural SI Impact Awards: Best Customized Application, for its role in the development of Nielsen Media Research's New Millennium application; and Customer Satisfaction, for its methodology and achievements in this area. Nominations were determined by a panel of judges Panel of Judges is an indie pop band from Melbourne, Australia. Members
"The SI Impact Awards has drawn over 200 high caliber submissions in 26 categories, from some of the biggest and best known names in the integration industry," said John Russell John Russell may refer to:
"New Millennium is a fully automated, comprehensive, integrated media management buying Management buying The acquisition of a controlling interest in a promising business by an outside investment group that retains existing management and places representatives on the board of directors. and financial system," said Terrie Brennan, vice president, Nielsen Media Research. "I'd like to recognize Cognizant's outstanding development work on New Millennium. Its dedication to this huge project is, in my view, the number one key to our success. Cognizant's nomination for Best Customized Application is well deserved." "We are very pleased with the work that Cognizant has done for us and were happy to recommend it for the Customer Satisfaction award," said Carolyn Botell, vice president, technology services, the Pacific Exchange. "Based on the quality of its work, we've hired Cognizant for a succession of projects, of which the latest is to modify trading for decimal-based pricing. Return on investment is important and, using its onsite/offshore facilities, we know Cognizant has the expertise to complete complex projects efficiently and cost effectively." "These nominations demonstrate important recognition from our peers who know better than anyone the challenges that are faced in complex application development processes," said Kumar Mahadeva, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Cognizant Technology Solutions. "We are also extremely gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that our customers value the quality of our work and have shared their confidence in us through their endorsement in the awards application." About Solutions Integrator: Solutions Integrator reaches 90,000 enterprise integrators whose primary business is providing complex IT solutions to middle market companies and divisions of Fortune 500 companies. The magazine covers complex technology integration issues including technology assessment and implementation, IT buying practices and plans, business strategies, vendor technology roadmaps and vertical industry opportunities. In addition to Solutions Integrator, IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) currently publishes 24 channel publications in 21 countries, serves enterprise integrators through events such as IDC's Solutions Integrator Forum and provides channel-focused research services through its global research arm International Data Corp. (IDC). Solutions Integrator's web site can be found at www.solutionsintegrator.com. For more information contact: Amanda Lawatsch, 650-294-7838 or amanda_lawatsch@idgchsg.com About Cognizant Technology Solutions Corporation Cognizant Technology Solutions Corporation delivers high quality, cost-effective, full life cycle solutions to complex software development and maintenance problems. Using an extraordinary pool of over 1,600 computer science and engineering professionals located at client sites and at seven development centers in India, the company's offerings include application development, maintenance and re-engineering, as well as year 2000 and Euro currency compliance services. Cognizant's core competencies extend across a range of technologies, encompassing data warehousing See data warehouse. data warehousing - data warehouse , web enabling, Internet, object-oriented development, client/server and legacy platforms. For more information, visit Cognizant on the web at . This press release includes statements which 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 t he 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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