Lincoln Trust Selects Cognizant to Enhance Quality of Customer Service in Retirement Plan Products

By Cognizant, PRNE
Tuesday, May 10, 2011

Cognizant's Engagement Spans Full Range of Retirement Plan Services from Enrollment to Distributions and Plan Management

TEANECK, New Jersey, May 11, 2011 - Cognizant (NASDAQ: CTSH), a leading provider of information technology,
consulting, and business process outsourcing (BPO) services, announced today
that Lincoln Trust, an established leader in the self-directed retirement
plan industry, has selected Cognizant to provide BPO services supporting its
full range of retirement plan products including member enrollment and
on-boarding, distributions and settlements, and plan management.

As part of this multiyear contract, Cognizant will leverage its deep
domain, technology and process experience in the financial services industry
to help Lincoln Trust maintain the highest levels of service for its 55,000
investors, while maximizing operational efficiency and business
effectiveness.

"Providing an exceptional service experience to every client is a
hallmark of our business," said Helen Cousins, Executive Vice President and
Chief Information Officer, Lincoln Trust. "At a time of immense economic and
regulatory pressures on the financial services industry, Cognizant's rich
experience in the financial services industry will help us adopt and
institutionalize global best practices and help compete with much larger
institutions."

"We are honored to help Lincoln Trust set the standard for superior
customer service in self-directed retirement plans," said Gajen Kandiah,
Senior Vice President and Global Head, Business Process Services and
Solutions for Cognizant. "The combination of our experienced staff, deep
understanding of core business processes, and leading-edge technology and
tools contributes to our ability to be responsive to customer needs."

About Lincoln Trust

Lincoln Trust Company provides open architecture 401(k), profit sharing
and self-directed IRA solutions to best meet the needs of companies, their
employees and individual investors. As of 2/28/2011, the firm supports plans
and IRAs holding over $7.6 billion in retirement assets. Located in Denver,
Colorado
, Lincoln Trust provides trust, custodial and recordkeeping services
to the financial services industry. Our focus is on helping companies
establish and maintain retirement plans for their employees, as well as
giving individuals flexibility in how they achieve their retirement goals.
For more information, visit www.lincolntrustco.com or call
1-800-525-2124.

About Cognizant's Banking & Financial Services Practice

Cognizant's Banking & Financial Services practice, which includes
banking, insurance and transaction processing, is the company's largest
industry segment, serving many of the leading financial institutions in North
America
, Europe and Asia Pacific. . The practice has a dedicated Cognizant
Business Consulting group consisting of industry experts working globally
with strategic customers to provide solutions in all facets of financial
services. The financial services segment is the largest contributor of
revenues and contributed 42.4% of Cognizant's revenues in the December-ended
quarter of 2010.

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 111,000
employees as of March 31, 2011, Cognizant is a member of the NASDAQ-100, the
S&P 500, the Forbes Global 2000, and the Fortune 500 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.

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

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