Cognizant

Company Overview

Cognizant (NASDAQ: CTSH) is a global provider of information technology, consulting and business process outsourcing services headquartered in Teaneck, N.J. Cognizant was founded in 1994 as an IT development and maintenance services arm of The Dun & Bradstreet Corporation. The company was spunoff as an independent organization two years later. Since 1996, Cognizant has worked closely with large organizations to help them build stronger, more efficient, and more agile businesses. Today, we are helping clients embrace powerful forces—including accelerating globalization, virtualization, a millennial mindset and new cloud-based technologies – that are forcing companies to rethink traditional ways of working. We call it the “Future of Work.” By leveraging highly flexible business processes, a seamless global delivery network and deep domain expertise, Cognizant delivers a better “return on outsourcing.” Cognizant was one of the first IT services companies to organize around key industry verticals and horizontals. This enables Cognizant to establish extremely close partnerships that foster continuous operational improvements and better bottom-line results for clients. From its founding, Cognizant was built with a global mindset. With headquarters in the U.S. and a rapidly expanding delivery footprint which extends from India and China to Europe, North and South America, and the Middle East, Cognizant has the geographic presence and mix of onsite and offshore resources to be the preferred global services partner across industry. Because clients see globalization as a key element to their success, our “born global” heritage is viewed as a significant market advantage.

Recognized as a Leader

We are gratified that our passion for building stronger businesses is consistently recognized by independent sources and clients. Recent accolades include: corporate overview

Forbes Fast Tech 25 list (May 2012) regulations, and improving customer service levels worldwide Fortune's World's Most Admired Companies (Feb 2012) Newsweek's 2011 Green Rankings (October 2011) Fortune's All Star List of Fastest Growing Companies (September 2011) InformationWeek's Top Innovators (Sept. 2011) Fortune 500 (May 2011)

 The greatest tributes by far are those we get from our customers, who choose to partner with Cognizant and entrust us with critical aspects of their businesses. Global 2000 clients select Cognizant because our passion and professionalism provides strong competitive advantage in their “race for the future.” It’s a race we are passionate about helping clients win.

A Passionate Focus on Client Needs

At Cognizant, we are proud to have built a culture attuned to anticipating and understanding our clients’ needs, and then working in close partnership with them to make their businesses stronger — more productive, more profitable, more capable of capturing market opportunities — and thus more valuable. Our unique Two-in-a-Box™ client-relationship model offers greater customer intimacy, speed of delivery, local decision-making, and responsiveness, which has helped Cognizant build deep, fast-growing partnerships with clients. This model combines technical and account management teams located onsite at the customer location and offshore at dedicated development centers located in India and around the world. By working closely with our clients’ leadership teams, we gain better insights for providing the best possible IT-enabled solutions to their business challenges.

A Passion for Specialized Expertise

To meet the specialized needs of each client, Cognizant has continued to invest in deepening our industry-specific organizational capabilities and delivery excellence. We continuously add experienced team members with distinguished track records in key sectors, such as banking, capital markets, insurance, life sciences, healthcare, manufacturing, logistics, retail, utilities, hospitality, communications, information services, media, and entertainment, who serve as subject matter experts and provide clients with valid insights into and viable solutions to particular industry issues. Cognizant has a global delivery platform that supports an onsite/offshore model that meets clients’ needs 24/7. Our service delivery is powered by Cognizant 2.0, our global knowledge-sharing and project management platform. Cognizant 2.0 enables our teams, business partners and clients to collaborate virtually via instant messaging, blogs, wikis and other Web 2.0 tools. The platform also provides active process guidance to our project teams, enabling them to work faster and more efficiently solving IT and business challenges. In a typical client engagement, our team members located at the customer’s place of business handle approximately 25-30% of the workload. The balance is performed at one of over 50 global delivery centers around the world. At a time when companies across the globe are relentlessly striving to compete better, move faster, and fight harder, leading organizations across various industries — from financial services and healthcare through manufacturing, media, retail, utilities, and telecommunications — are partnering with Cognizant to continuously elevate the business value of their IT assets and to make their businesses stronger.

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 140,500 employees as of March 31, 2012 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.

World Headquarters

500 Frank W. Burr Blvd.

Teaneck, NJ 07666 USA

Phone: +1 201 801 0233

Fax: +1 201 801 0243

Toll Free: +1 888 937 3277

Email: inquiry@cognizant.com

European Headquarters

1 Kingdom Street

Paddington Central

London W2 6BD

Phone: +44 (0) 20 7297 7600

Fax: +44 (0) 20 7121 0102

Email: infouk@cognizant.com

India Operations Headquarters

#5/535, Old Mahabalipuram Road

Okkiyam Pettai, Thoraipakkam

Chennai, 600 096 India

Phone: +91 (0) 44 4209 6000

Fax: +91 (0) 44 4209 6060

Email: inquiryindia@cognizant.com

History

Founded in 1994 as a captive arm of Dun & Bradstreet

Traded on NASDAQ since 1998

Stock symbol: NASDAQ: CTSH

Member since 2004: NASDAQ-100 Index

Member since 2006: S&P 500 Index

Employees

Approximately 140,500 employees as of March 31, 2012

Product & Services

Major Service Offerings

● Project-based application services

● Business and technology consulting

● Complex systems integration

● Application outsourcing

● Business process services

● IT Infrastructure and cloud services

● Analytics, Business Intelligence, CRM, Data Warehousing, Supply Chain Management, Engineering & Manufacturing Solutions, ERP, Testing Solutions

Customers

• 805 Active Clients
• 27 of the top 30 Global Pharmaceutical companies
• 15 of the top 20 U.S. Healthcare Plans
• 5 of the top 6 US PBMs
• 9 out of the top 10 Biotech companies
• 12 out of the top 20 Medical Device companies
• 7 of the top 10 Communications Services Providers & Equipment Vendors
• 4 of the top 5 Online companies
• 2 0f the top 5 Semiconductor manufacturers
• 4 of the top 10 Information Services companies worldwide
• 4 of the top 10 Global Media companies
• 6 of the major U.S. Movie studios
• 7 of the top 30 Global Retailers
• 2 of the top 4 Global Distribution system companies
• 3 of the top 10 Manufacturing & Logistics companies
• 6 out of the top 10 North American financial institutions
• 8 out of the top 10 European financial institutions
• 13 of the top 25 U.S. Property & Casualty insurers
• 7 of the top 10 Global insurers
• 12 of the top 25 U.S. Life insurers

Global Delivery Ecosystem (GDE)

● 24x7 global delivery availability

● More than 12,000 outsourcing projects delivered in 40 countries

● Over 50 development centers in 15 cities and in 9 countries around the world:

         ● Budapest (Hungary), Buenos Aires (Argentina),

            Guadalajara (Mexico), London (UK), Manila (Philippines),

            Shanghai (China), Toronto (Canada); Chennai, Coimbatore,

            Kolkata, Bangalore, Hyderabad, Pune, Mumbai, New Delhi,

            Cochin (India); Bentonville, AR; Boston, Bridgewater, NJ;

            Chicago, Phoenix (U.S.)

Financial

  .Fiscal year '11 ends December 31, 2012

2012 revenues: At least $7.34 billion (guidance)

2011 revenues: $6.12 billion (up 33% YoY)

Diluted EPS '11 (GAAP): $2.85

Net income '11 (GAAP): $883.6 million

Revenue Mix (Q1 2012)

North America: 79.5%, Europe: 16.6%, RoW: 3.9%

Industry:

Financial Services: 40.6%, Healthcare: 27.3%,

Manufacturing, Retail & Logistics: 19.6%,

Communication, Information, Media & Entertainment and Technology: 12.5%