-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IeR0GS50wCHsmSJqC02aCsIwPTrjcFzSGVGQF6ahQCqtqvIFoJbS9n45j8IVef9O mTjUBYvjiWMTrejpun4Nrg== 0000903100-02-000315.txt : 20021031 0000903100-02-000315.hdr.sgml : 20021031 20021031151259 ACCESSION NUMBER: 0000903100-02-000315 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021029 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COGNIZANT TECHNOLOGY SOLUTIONS CORP CENTRAL INDEX KEY: 0001058290 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 133728359 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24429 FILM NUMBER: 02804895 BUSINESS ADDRESS: STREET 1: 1700 BROADWAY STREET 2: 26TH FL CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2129986115 MAIL ADDRESS: STREET 1: 1700 BROADWAY STREET 2: 26TH FL CITY: NEW YORK STATE: NY ZIP: 10019 8-K 1 form8k_102902.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported) October 29, 2002 ---------------- Cognizant Technology Solutions Corporation --------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 0-24429 13-3728359 - ------------------------------------------------------------------------------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 500 Glenpointe Centre West Teaneck, New Jersey 07666 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (201) 801-0233 ------------------------------------------------- (Registrant's telephone number, including area code) ------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) ITEM 5. OTHER EVENTS. On October 29, 2002, Cognizant Technology Solutions Corporation issued a press release announcing the transfer of Silverline Technologies, Inc.'s American Express financial services practice to Cognizant. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. Exhibit No. Description of Exhibit ----------- ---------------------- 99.1 Press release dated October 29, 2002. -2- SIGNATURES ---------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION By: /s/ Wijeyaraj Mahadeva ------------------------------------ Name: Wijeyaraj Mahadeva Title: Chairman of the Board and Chief Executive Officer Date: October 29, 2002 -3- EX-99 3 press_release.txt PRESS RELEASE COGNIZANT TECHNOLOGY SOLUTIONS ANNOUNCES COMPLETION OF PREVIOUSLY ANNOUNCED TRANSFER OF CERTAIN PORTIONS OF SILVERLINE'S FINANCIAL SERVICES PRACTICE TUESDAY OCTOBER 29, 7:08 AM ET TEANECK, N.J.--(BUSINESS WIRE)--Oct. 29, 2002--Cognizant Technology Solutions Corporation (Nasdaq: CTSH - News), a leading application management and e-business solutions provider, today announced that it has completed the previously announced transfer of Silverline's American Express practice to Cognizant. The terms of the transaction were not disclosed. About Cognizant Technology Solutions Cognizant Technology Solutions (Nasdaq: CTSH - News) is a leading provider of custom software development, integration and maintenance services that link e-business with core information systems for companies worldwide. Cognizant operates under a high quality, high value onsite/offshore model that enables better, faster and more cost effective development and deployment of large-scale systems across a wide range of transaction intensive business needs. Its more than 5,200 employees are committed to partnerships that sustain long-term, proven value in order to win in today's global marketplace. Cognizant was listed as one of the "Best Small Companies in America," by Forbes and as the top solutions provider and one of the top 200 Hot Companies by Business Week. Cognizant has been assessed at SEI/CMM Level 5, the highest possible rating. Certain statements contained herein, including statements regarding the development of the Company's services, markets and future demand for the Company's services, projections on future growth potential, and other statements regarding matters that are not historical facts, are forward-looking statements (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include risks and uncertainties; consequently, actual results may differ materially from those expressed or implied thereby. Factors that could cause actual results to differ materially include, but are not limited to, variability of quarterly operating results, reliance on large projects, concentration of revenue, ability to attract and retain professional staff, dependence on key personnel, ability to manage growth effectively, risks associated with rapid technological advances, risks associated with possible acquisitions, risks associated with the Company's strategic partnerships, various project-associated risks, substantial competition, general economic conditions, risks associated with intellectual property rights, risks associated with international operations and other risk factors listed from time to time in the Company's filings and reports with the Securities and Exchange Commission. - ------------------ Contact: Cognizant Technology Solutions Larry Gordon, 201/678-2743 lgordon@cognizant.com or FD Morgen-Walke Investors: Corey Cutler/Stephanie Prince Press: Brian Maddox/Scot Hoffman 212/850-5600 -----END PRIVACY-ENHANCED MESSAGE-----