Cognizant leading provider of IT and business process outsourcing services, today announced that the Company has been named one of BusinessWeek's 50 Best Performing Companies. Cognizant ranked 12th overall and second in the Information Technology sector. The rankings represent BusinessWeek's selection of the "best in class" from each of the 10 sectors that make up the S&P 500. Top companies in each sector were chosen based on sales growth, average return on capital, total return, profitability and rank within industry sector.
Cognizant is the only IT services outsourcing company named to the BusinessWeek 50. This achievement follows the Company's #6 ranking among Business Week's Hot Growth Technology Companies in December. Cognizant's profile in the Business Week 50 and the overall rankings are accessible at
http://www.businessweek.com/magazine/content/07_13/b4027401.htm.
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