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Covansys Donates $194,000 for Tsunami Relief; Contributions Total more than $300,000 with American India Foundation Match

Covansys Donates $194,000 for Tsunami Relief; Contributions Total more than $300,000 with American India Foundation Match

Published 02-10-05

Submitted by Covansys Corporation

FARMINGTON HILLS, MI -Covansys Corporation (Nasdaq:CVNS), a global consulting and technology services company, announced today that through employee donations, the company and The Vattikuti Foundation, it made a $150,000 cash donation to the American India Foundation (AIF), a group dedicated to accelerating social and economic change in India, to support tsunami relief and rehabilitation efforts in South India. AIF will match Covansys' contribution, resulting in $300,000 to support tsunami relief efforts. An additional $44,000 was donated by the Covansys India employees to support local rebuilding efforts of new school buildings and primary healthcare centers.

Covansys India teams donated more than cash, they also donated physical humanitarian efforts. In the days immediately following the tsunami, employees visited the affected areas to provide physical and moral support, and established a support center for families in need of clothing, food and water.

Covansys employees worldwide contributed a total of $144,000. Covansys and the Vattikuti Foundation pledged to match up to $50,000 in donations made by Covansys employees.

"We send our support to those who have been impacted by this tragedy, as they struggle to rebuild their lives," said Raj B. Vattikuti, Covansys president and chief executive officer. "The collective support from around the world is inspiring, and we hope victims will soon see their communities restored."

AIF Honorary Chairman President Bill Clinton reminds us, "The tsunami disaster is a tragedy of historic and global proportions, and though it struck in the span of hours, its effects will be felt for years to come. Charitable people throughout the world are responding with great generosity, but we must not forget that the need for assistance will continue long after the story has faded from the front pages. We must do all we can to help now and support longer term restoration efforts in the months and years to come."

Founded in March 2001, AIF is devoted to accelerating social and economic change in India. The earthquake in Gujarat, on January 26, 2001, brought together a group of prominent Indo-Americans to find an efficient way to channel resources and funds from across the country towards relief efforts in India. Since then, the mission of AIF has expanded to embrace all of India. More information on AIF is available at www.aifoundation.org.

Established in 1997, The Vattikuti Foundation, Raj Vattikuti's personal charitable organization, donated more than $100,000 to assist the tens of thousands of victims of the devastating earthquake that struck India on January 2001. Past donations include $250,000 to various charities focused on victims of the September 11th terrorist attacks, and a commitment of up to $40 million towards cancer research programs at Beaumont and Henry Ford hospitals in Michigan.

About Covansys Corporation
Headquartered in Michigan, Covansys Corporation (Nasdaq:CVNS) is a global consulting and technology services company specializing in industry-specific solutions, strategic outsourcing and integration services. Clients gain competitive advantage by leveraging our unique on-site, offsite, offshore delivery capability to achieve rapid deployment, world-class quality and reduced costs. A leader in the public sector market, Covansys is also known for application maintenance and development outsourcing in the healthcare, financial services, retail and distribution, manufacturing, telecommunications and high-tech industries. Founded in 1985, with over 5500 employees worldwide, Covansys was one of the first U.S.-based IT services companies to establish offshore facilities in India, and is a pioneer in seamlessly integrating offshore capabilities into its offerings. Two of the company's three wholly owned development centers in India are assessed at Level 5 in SEI CMM (R). All three are ISO 9001:2000 certified and assessed at Level 5 in PCMM(R). Covansys was named one of the leading IT companies for state and local governments in 2002 and 2003 by Washington Technology magazine, and one of the top 500 solution providers in 2002 and 2003 by VAR Business magazine. Visit our web site: www.covansys.com.

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