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Business Description
IMS Health, Inc. is a provider of information solutions to the healthcare and pharmaceuticals industries, as well as a provider of solutions for software development and e-business maintenance. The Company is the result of the July 1, 1998, spin-off from Cognizant Corporation, and it operates as an independent company. IMS operates in two business segments: the IMS Segment and the Cognizant Technology Solutions Corporation (CTS) Segment. The IMS Segment is a global provider of market information, sales management and decision-support services to the pharmaceutical and healthcare industries. In addition, the IMS Segment includes IMS's venture capital unit, Enterprise Associates, LLC, which is focused on investments in emerging businesses, and the Company's 26.8% equity interest in The TriZetto Group, Inc. The CTS Segment delivers full life-cycle solutions to complex software development and maintenance problems that companies face as they make the transition to e-business.

Financial Information
IMS Health, Inc. is a global provider of information solutions to the pharmaceutical and healthcare industries, including market information and decision-support services. For the six months ended 6/30/02, operating revenue rose 3% to $684.4 million. Net income fell 7% to $121.2 million. Results reflect the development of new products, expanding consulting business and new contracts at CTS, offset by higher data collection and production costs.