TEANECK, New Jersey and CHENNAI, India, November 25 /PRNewswire/ --
- Touchstone Center marks a milestone in furthering Cognizant's development and innovation agenda in support of SAP(R) solutions
Cognizant (Nasdaq: CTSH), a leading provider of global consulting, technology and business process services, announced the inauguration of the Touchstone Center at its facility in Bangalore. The center was inaugurated by Dr. Peter Zencke, Executive Board member of SAP AG.
In the new Touchstone Center, Cognizant will demonstrate its capabilities in support of SAP(R) solutions and develop value-added solutions across industries and domains. One of the key focus areas of the center will be leveraging service-oriented architecture (SOA) in support of SAP solutions, providing enhanced flexibility, agility and innovation efficiencies in enterprise applications.
In the Touchstone Center, Cognizant will develop prototypes for various customer scenarios and proof of concepts, and perform interoperability studies. Activities in the Touchstone Center will be coordinated with the SAP Co-Innovation Labs worldwide.
I am very pleased to inaugurate this center that also coincides with the 10th anniversary of SAP Labs in India, said Dr. Peter Zencke, Executive Board member, SAP. Cognizant has consistently demonstrated a passionate alignment with SAP, and the Touchstone Center is a proof of this valuable relationship. Cognizant will now be better poised to build and support the core SAP product footprint, helping customers better meet their business needs. The center is testament to how our partners are integral to our success.
The SAP Touchstone Center demonstrates our deepening relationship with SAP, said R Chandrasekaran, President and Managing Director, Cognizant. The Touchstone Center is a crucial differentiator for our capabilities in providing exceptional domain-specific solutions to our customers using SAP solutions.
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 approximately 59,500 employees as of September 30, 2008, we combine a unique onsite/offshore delivery model infused with a distinct culture of customer satisfaction. A member of the Nasdaq-100 Index and SP 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.
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Cognizant Forward-looking Statement
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.
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should and will and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission (SEC), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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