LONDON and TEANECK, New Jersey, September 30 /PRNewswire/ --

- Cognizant's Broad Spectrum of Services Will Help ELEXON Meet Future
Balancing and Settlement Code Requirements of the Industry, While Improving
its Services and Rationalizing Costs

Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology,
and business process outsourcing services, today announced that it has been
selected by ELEXON, the Balancing and Settlement Code (BSC) Company, to help
it deliver the settlement of electricity trading for Great Britain, while
improving its current services, rationalizing costs, and strengthening its
capability to meet the future BSC requirements of the industry.

As part of the five-year engagement, Cognizant will provide a broad
spectrum of strategic development, application management and support
services to enable ELEXON to present the industry with clear options on the
evolution of Balancing and Settlement Code systems, and add value to the
services it offers in managing the settlement of electricity costs between
suppliers, generators and other parties involved in the industry. With the
wider energy debate focusing on emerging technologies and issues of security
of supply and sustainability, the relationship incorporates a new strategic
development service that focuses on the longer term future.

Hailing the relationship as the beginning of a new chapter of enhanced
collaborative working that will benefit both ELEXON and BSC parties, Stuart
Senior, ELEXON's Chief Executive, said: "This is a time of large-scale change
for the industry. We feel that by selecting Cognizant as ELEXON's partner in
delivering these services, we are poised to meet the challenges of shaping
and delivering the Balancing and Settlement Code well into the next decade.
We selected Cognizant because of its global delivery model, high service
levels and a strong commitment to innovation, forward thinking, and
collaborative working with ELEXON and the industry."

"We are pleased to have been selected by ELEXON," said Sanjiv Gossain, VP
and Country Head, UK and Ireland, Cognizant. "Leveraging our deep consulting,
domain and technology expertise, we are committed to act as a
transformational partner driving powerful thought leadership and
business-aligned IT solutions to help ELEXON define industry trends, and
generate value through process optimization and cost containment to address
the long-term challenges spawned by a rapidly changing energy landscape."

About ELEXON

ELEXON is the Balancing and Settlement Code Company (BSCCo) for Great
Britain. Our role is defined and created by the Balancing and Settlement Code
(BSC). The BSC contains the rules and governance arrangements for electricity
balancing and settlement in Great Britain and all licensed electricity
companies must sign it (others may choose to do so).

ELEXON procures, manages and operates the services and systems which
enable the balancing and imbalance settlement of the wholesale electricity
market and retail competition in electricity supply.

Together with the BSC Panel which oversees some of our activities, it is
the primary source of experience and expertise on the BSC. Find out more at:
http://www.elexon.co.uk

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 over 50 global delivery
centers and more than 64,000 employees as of June 30, 2009, 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 Hot Growth and Top 50 Performers listings. Visit us online at
www.cognizant.com.

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.