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Cognizant Technology Solutions Schedules Second Quarter 2006 Earnings Release and Conference Call

Cognizant Technology Solutions Corporation (NASDAQ: CTSH), a leading provider of IT services, will announce results for the second quarter ended June 30, 2006 on Wednesday, August 2, 2006 pre-market open.

Following the release, Cognizant management will conduct a conference call at 9:00 a.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial (888) 652-6834 and international callers can dial (706) 679-3288.

The conference call will also be available live via the Internet by accessing the Cognizant web site at www.cognizant.com. Please go to the web site at least fifteen minutes prior to the call to register, download and install any necessary audio software.

For those who cannot access the live broadcast, a replay will be available by dialing (800) 642-1687 for domestic callers and (706) 645-9291 for international callers and entering "3072892" from two hours after the end of the call until 11:59 p.m. (Eastern) on August 9, 2006. The replay will also be available at Cognizant's web site www.cognizant.com for thirty days following the call.

About Cognizant

Cognizant (NASDAQ: CTSH) is a leading provider of IT services. Focused on delivering strategic information technology solutions that address the complex business needs of its clients, Cognizant uses its own on-site/offshore outsourcing model to provide applications management, development, integration, and reengineering; infrastructure management; business process outsourcing; and numerous related services, such as enterprise consulting, technology architecture, program management, and change management.

Cognizant's more than 29,000 employees are committed to partnerships that sustain long-term, proven value for customers by delivering high-quality, cost-effective solutions through its development centers in India and on-site client teams. Cognizant maintains P-CMM and SEI-CMM Level 5 assessments from an independent third-party assessor, was recently named one of Forbes' Best Small Companies in America for the fourth consecutive year, and ranked among the top information technology companies in BusinessWeek's Hot Growth Companies. Cognizant is a member of the NASDAQ-100 Index. Find additional information about Cognizant at www.cognizant.com.

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.

SOURCE: Cognizant Technology Solutions

CONTACT: Gordon Coburn, Chief Financial Officer, +1-201-801-0233,
gcoburn@cognizant.com; Investors - Gordon McCoun, +1-212-850-5600, or Media -
Brian Maddox, +1-212-850-5600, or Scot Hoffman, +1-212-850-5600,
shoffman@fd-us.com, all of Financial Dynamics

Web site: http://www.cognizant.com/

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