GA Information Systems Forms Strategic Alliance with Cognizant Technology Solutions.

TEANECK, NJ--(BUSINESS WIRE)--June 21, 1999--

Cognizant Technology Solutions Corporation (NASDAQ:CTSH), an applications outsourcer providing software development and management services, and GA Information Systems Limited (GAIS), one of the UK's leading specialists in business intelligence and data warehousing solutions, announced the signing of a strategic business agreement at Business Intelligence 99 in London. The alliance is aimed at pooling and enhancing the data warehousing and web-centric solutions capabilities of the two companies.

The agreement also opens the way for Cognizant and GAIS to work together on a number of strategic developments in Europe's rapidly expanding business intelligence markets.

"This is a landmark agreement for GAIS" said Guy Colclough, Managing Director of GAIS. "We (GAIS) have immense expertise in the business intelligence sector and see this joint venture as a unique opportunity to scale our solutions to meet our clients' demands. It also provides a means by which we can bring to market further packaged solutions that exploit the wealth of industry specific applications and software products developed by GAIS in the course of hundreds of projects in this sector."

"The combination of GAIS' exceptional business intelligence expertise with Cognizant's strengths in web, component and data warehousing technology, and unique on-site/offshore project delivery model, will allow us to deliver superior, cost-effective customer solutions," said Kumar Mahadeva, chairman and CEO of Cognizant Technology Solutions. "We expect that we will be able to capture a significant piece of the fast growing market for business intelligence and data warehousing solutions."

Lawrence Harding, Technical Director at GAIS, concurs. "Both the software development expertise and level of skills and resource which Cognizant are able to bring to bear are remarkable, and this agreement allows the skills, knowledge and talent of two highly successful companies to be leveraged for mutual benefit."

Cognizant and GAIS have been working together on the development of a new product aimed at major corporations having to deal with complex issues associated with the distribution of documents and information across the enterprise. Building on a scaleable reporting architecture provided by Business Objects (NASDAQ: BOBJ), the new product utilises the latest bursting and push technologies, and will ensure that business users at all levels receive the information they need, when they need it, where they need it and in the most appropriate format.

The two companies are planning further collaboration in the areas of Business Intelligence and Data Warehousing through a number of projects and 'packaged applications' offering, building on Cognizant's strengths in processes and quality. Cognizant is one of only 18 companies worldwide to be assessed at Level 4 of the Software Engineering Institute's Capability Maturity Model (SEI/CMM).

About Cognizant Technology Solutions

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 centres in India, the company's offerings include application development, maintenance and re-engineering, as well as Euro currency compliance services. Cognizant's core competencies extend across a range of technologies, encompassing data warehousing, web-enabling, Internet, object-oriented development, client/server and legacy platforms. For more information, visit Cognizant on the web at http://www.cts-corp.com.

About GA Information Systems

GA Information Systems Limited (GAIS) is a professional services company based in Manchester, UK, delivering products and services in the areas of information systems, data warehouses, automated testing and the Web. Specialising in the areas of data warehousing and information delivery using the world's leading business intelligence software - BusinessObjects - and the Web, GAIS provides customers with significant business benefit by making key business information available to decision makers at all levels within the business. GAIS' solution portfolio includes packaged business intelligence solutions for the retail, airline, telco & cable industries. GAIS has a base of over 150 customers that includes over 30 data warehouse implementations. For more information, visit GAIS at http://www.gais.co.uk.

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. 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.