NEW YORK, Sept. 9 /PRNewswire/ -- Cognizant Technology Solutions (CTS)
announced today that it has been awarded a contract to complete the full-life
cycle year 2000 compliance project covering all important systems for Aetna
Life Insurance Company of Canada (Aetna Canada).
    Aetna Life Insurance Company of Canada is a leading manufacturer of
individual life and disability insurance products, and one of the top 10
providers of employee group benefits in Canada.
    CTS, one of the leading providers of year 2000 compliance services, uses
proven proprietary methodology and programming tools to deliver cost-effective
solutions.  The Century Transition Services 2000 (CTS 2000) methodology
defines the methods for performing year 2000 services through four separate
phases:  planning, analysis, conversion and testing/implementation.
    "We are viewing the year 2000 compliance effort as an opportunity to
enhance the quality of our code base.  In addition to year 2000 compliance,
the scope of our year 2000 project includes critical upgrades to new versions
of system software," said John L. Chang, Vice President, Employee Benefit
Services Systems at Aetna Canada.  "CTS's methodologies and experience will
enable us to meet our year 2000 project objectives."
    Kumar Mahadeva, Chairman and Chief Executive Officer of CTS said, "We are
pleased that Aetna has chosen to entrust CTS with this important project.
Aetna's choice was based on our proven tools, methodology and experience in
delivering quality year 2000 compliance solutions at low cost."
    Based in Toronto, Aetna Canada operates offices in Vancouver, Calgary and
Montreal to serve its employee benefits clients, and offers individual
insurance products through the national offices of the Equinox Financial
Group, the PPI Financial Group and selected national accounts.  Aetna Canada
is the largest international affiliate of Aetna Inc. of Hartford, Connecticut,
one of the world's largest insurance and financial services organizations.
More information about Aetna Canada is available on its web site at
http://www.aetna.ca.
    Cognizant Technology Solutions operates in the U.S., Canada, Europe and
India, with a staff of more than 900 software professionals located in North
America, Europe and four development centers based in India.  In addition to
providing year 2000 services, CTS offers a broad array of programming and
information technology project management services.
    Cognizant Technology Solutions is a unit of Cognizant Corporation
(NYSE: CZT).  Based in Westport, CT, Cognizant integrates information and
technology to create business insight in three fast-growing sectors of the
global economy:  healthcare, media and technology.  Cognizant employs more
than 10,000 professionals in nearly 100 countries.  Its principal operating
units are:  IMS, which offers global information solutions to the
pharmaceutical and healthcare industries; Nielsen Media Research, the
leader in audience measurement for electronic media; and Gartner Group, the
premier provider of research and advisory services to the information
technology industry.

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