Cognizant to Invest Over $500 Million in India Infrastructure Expansion

By Cognizant, PRNE
Sunday, February 6, 2011

Plans to Add Over 8 Million Square Feet of Company-Owned Facilities

TEANECK, New Jersey, February 7, 2011 - Cognizant (Nasdaq: CTSH), a leading provider of information technology,
consulting, and business process outsourcing services, today announced plans
to further expand its real estate construction program in India. As part of
the expansion program, Cognizant will invest more than $500 million through
the end of 2014 to expand its owned campus footprint with the addition of
over 8 million square feet, which will have the capacity to house over
55,000 employees.

The real estate development program will create additional software
development and training facilities in regions designated as Special Economic
Zones in four cities: Chennai, Pune, Coimbatore, and Kolkata. In addition to
the construction of owned facilities, Cognizant will continue to actively
lease additional facilities throughout India to meet its future staffing
requirements.

"This current real estate expansion program is part of our ongoing
strategy of investing in our people, processes, systems, and infrastructure
to support our long-term growth," said Gordon Coburn, Chief Financial and
Operating Officer of Cognizant. "We will continue to evaluate opportunities
for further construction expansion over the coming years."

About Cognizant

Cognizant (Nasdaq: CTSH) is a leading provider of information technology,
consulting, and business process outsourcing services, dedicated to helping
the world's leading companies build stronger businesses. Headquartered in
Teaneck, New Jersey (U.S.), Cognizant combines a passion for client
satisfaction, technology innovation, deep industry and business process
expertise, and a global, collaborative workforce that embodies the future of
work. With over 50 delivery centers worldwide and approximately 104,000
employees as of December 31, 2010, Cognizant is a member of the NASDAQ-100,
the S&P 500, the Forbes Global 2000, and the Fortune 1000 and is ranked among
the top performing and fastest growing companies in the world. Visit us
online at www.cognizant.com or follow us on Twitter: Cognizant.

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.

Investor Contact: David Nelson, VP, Investor Relations & Treasury, +1-201-498-8840, david.nelson at cognizant.com, or Media Contact: Catherine Marenghi, Public Relations, +1-781-223-8673, catherine.marenghi at cognizant.com

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