Cognizant Acquires PIPC, a Global Programme Management Consulting Firm

By Cognizant, PRNE
Sunday, May 9, 2010

Acquisition Enhances Cognizant's Global Programme Management Capabilities; Expands Footprint in Australia, UK, New Zealand

TEANECK, New Jersey, May 10, 2010 - Cognizant (Nasdaq: CTSH), a leading provider of information technology,
consulting, and business process outsourcing services, announced today it has
acquired The PIPC Group, a global programme management consulting firm based
in London. The terms of the transaction were not disclosed.

With more than 200 professionals worldwide, primarily in the UK,
Australia, New Zealand, and the U.S., PIPC helps leading global companies
drive business transformation by providing industry-leading programme
management services, methods and tools, including its PMO (Project Management
Office) core competency and its PhD (Project Health Diagnostic) tool, which
has been successfully deployed in over 800 engagements. PIPC will extend and
complement Cognizant's existing project management and consulting
capabilities and further Cognizant's ability to provide integrated services
across consulting, technology, and business process outsourcing.

"We welcome PIPC's talented programme management experts to Cognizant. At
a time when cyclical and secular pressures are driving clients to seek new
performance thresholds, effective programme management is essential to ensure
measurable business outcomes. PIPC's strategic programme management offerings
will strengthen our ability to manage increasingly complex global projects
while expanding our geographic footprint, particularly in Australia, New
and the UK," said Francisco D'Souza, President and CEO, Cognizant.
"This acquisition builds on our long-standing strategy of adding sharply
focused business capabilities that complement our existing offerings and
enhance the value we offer clients."

"With 85,500 associates worldwide, Cognizant will provide the global
delivery capability, experience and scale to enable PIPC to accelerate its
growth ambitions. Our organizations have the right cultural fit, and together
we can drive business transformation initiatives that combine high-quality
consulting, IT, and business process outsourcing services with our advanced
project management offerings," said Simon Rawling, Group Managing Director at

About PIPC

Formed in 1992, PIPC is a global programme management consulting firm.
With expertise spanning several industries including financial services,
retail, oil and gas, utilities, government and public sector, communications
and the environmental sector, the company serves clients worldwide from
delivery locations in the UK, Australia, New Zealand, and the U.S. Its
services range from managing post-M&A integration through strategic software
implementations, with a broad range of delivery capabilities. More
information is at

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
centres and more than 85,500 employees as of March 31, 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 harbour 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.

Investors: David Nelson, VP, Investor Relations & Treasury, +1-201-498-8840, david.nelson at, or Media, U.S.: Catherine Marenghi, +1-781-223-8673, catherine.marenghi at, or Media, AsiaPac: Harsh Kabra, +91-9823273191, harsh.kabra at, all of Cognizant

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