3M Extends Strategic Relationship With Cognizant to Drive Business Effectiveness

By Cognizant, PRNE
Sunday, October 10, 2010

Cognizant to Provide Application and Related Services Using an Outcome-Based, Managed Services Engagement Model

TEANECK, New Jersey, October 11, 2010 - Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology,
and business process outsourcing services, announced today it has entered
into a multiyear, multimillion-dollar agreement with 3M, a recognized global
leader in research and development that produces thousands of innovative
products for dozens of diverse markets. The agreement extends Cognizant's
strategic relationship with 3M and encompasses a wide range of application
development and related services to drive operational efficiencies and
improve productivity.

As part of the engagement, Cognizant will leverage an innovative
outcome-based, managed services engagement model with committed productivity
benefits over the long-term. Cognizant will leverage its proprietary best
practices and frameworks to reduce the total cost of ownership and ensure
high quality and consistency across 3M's applications portfolio, including
mission-critical software used in research and development, planning,
sourcing and supply chain, manufacturing, sales and marketing, e-commerce,
human resources, finance, and administration.

By enabling accelerated product innovation and time-to-market, Cognizant
will help 3M realize its strategic business objectives, augment production
capacity, enhance global capabilities, and rationalize costs. As a
knowledge-intensive company that applies several distinct technology
platforms to a wide array of customer needs in diverse markets, 3M will also
benefit from Cognizant 2.0 - Cognizant's global knowledge-sharing,
collaboration, program management and social computing platform - to optimize
its strategic IT investments and leverage its knowledge assets to achieve
newer levels of innovation and virtualization.

"Cognizant's innovative outcome-based engagement model and proven
applications and manufacturing industry expertise will help accelerate our
efforts to drive cost efficiencies and further transform the relationship we
began in 2001," said Ernie Park, Vice President and Chief Information
Officer, 3M.

"Cognizant's best practices will enhance decision-making, improve
service-level predictability, reduce defects through applications testing and
quality assurance services, and help us more efficiently and cost-effectively
scale production up and down based on dynamic global market demands," said
Janel Haider, Director, Applications Center of Excellence, 3M.

"We are honored to support 3M in its efforts to drive business
effectiveness, help 3M adapt to changing business needs, and further
strengthen its innovation agenda to drive future growth," said Francisco
, President and CEO, Cognizant.

"The transition to a managed services model represents a significant
evolution in our relationship with 3M. Cognizant is bringing its global
execution model, knowledge management, and innovation culture to enable this
transformation and ensure continuing productivity and operational
improvements," added Francisco D'Souza. "With deep domain experience in the
manufacturing industry and a focus on new delivery models, Cognizant will
help 3M mine efficiencies from existing systems and leverage those savings to
fund strategic initiatives."

About Cognizant

Cognizant (Nasdaq: CTSH) is a leading provider of information technology,
consulting, and business process outsourcing services. Cognizant's
single-minded passion is to dedicate our global technology and innovation
know-how, our industry expertise and worldwide resources to working together
with clients to make their businesses stronger. With over 50 global delivery
centers and approximately 88,700 employees as of June 30, 2010, we combine a
unique global delivery model infused with a distinct culture of customer
satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant
is a Forbes Global 2000 company and a member of the Fortune 1000 and is
ranked among the top information technology companies in BusinessWeek's Hot
Growth and Top 50 Performers listings. Visit us online at

Forward-Looking Statements

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.

Media - Catherine Marenghi, Public Relations, +1-781-223-8673, catherine.marenghi at cognizant.com

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