TEANECK, New Jersey, June 26 /PRNewswire/ --

- Cognizant chosen for its vital customer support, flexible and reliable 
partnership and innovative solutions that helped enhance KeyCorp's products 
and services

Cognizant (Nasdaq: CTSH), a leading provider of global consulting,
technology and business process services, today announced that KeyCorp, one
of the largest bank-based financial services companies in the US, has
selected it as The Technology Vendor Of The Year 2007 for Enterprise
Technology Development from among its 30 strategic vendors.

The KeyCorp Technology Vendor Awards recognize the outstanding efforts of
the company's top technology vendors on the counts of agility, quality,
creativity, cost control, capability improvement, high performance and
availability, business transformation and innovation. The company measures
these results using its balanced scorecard process started in 1998 and honors
vendors that consistently score the highest.

Cognizant was chosen for this award for providing innovative solutions
that helped the Key Technology & Operations (KTO) group within KeyCorp to
enhance product development and utility as well as business agility and
speed-to-market.

"It is a great honor for Cognizant to have been named Technology Vendor
of the Year by KeyCorp," said Francisco D'Souza, President and CEO,
Cognizant. "We are strongly committed to leveraging our deep understanding of
the banking and financial services industry and continuously investing in
innovation and delivery excellence to make a real difference in the way Key
delivers financial services. We believe that our single-minded passion to
build stronger businesses by dedicating our global resources, systems
expertise and vertical industry intelligence has helped us provide superior
solutions to Key. We are extremely pleased with our team's performance and
look forward to growing our relationship with KeyCorp."

In making the award, Key noted that Cognizant was highly responsive and
flexible in meeting KTO's business requirements and enhancing business
velocity, creating an effective partnership that is delivering a rich array
of products and services more efficiently, as well as providing Key employees
with vital support

Cognizant has been a KeyCorp strategic partner since 2005 and has been
involved in several strategic transformation programs.

About KeyCorp

Cleveland-based KeyCorp is one of the nation's largest bank-based
financial services companies, with assets of approximately US$101 billion.
Key companies provide investment management, retail and commercial banking,
consumer finance, and investment banking products and services to individuals
and companies throughout the United States and, for certain businesses,
internationally. For more information, visit https://www.key.com.

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 more than 40 global
delivery centers and 58,000 employees as of March 31, 2008, we combine a
unique onsite/offshore delivery model infused by 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 Info Tech 100, Hot Growth and Top 50 Performers listings.
Visit us online 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.

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