NEWPORT BEACH, Calif. – January 14, 2003 – The TriZetto® Group, Inc. (Nasdaq:TZIX) is hosting a meeting with investors today and plans to issue the following financial guidance during the meeting.

Full Year 2002

• Total Revenue in 2002 is expected to be approximately $265 million, a 22% increase over 2001. Virtually all of this growth is organic.
• EBITDA is expected to be approximately $27 million, an 80% increase over 2001.

Full Year 2003

• Total revenue for 2003 is expected to be $300 - $315 million, an increase of 13% - 19% over 2002. As in prior years, the company expects revenue to be higher in the second half of the year than in the first half.
• Recurring revenue is expected to range from 55% - 57% of total revenue.
• Gross margin is expected to range from 37% - 39%. The company's gross margin is impacted by several factors, primarily the mix of business and capacity utilization.
• Selling, general & administrative (SG&A) expenses are expected to range from 18% - 19% of total revenue. The company plans to continue investing in sales and other administrative personnel during the year.
• Research & development (R&D) is expected to range from 7% - 8% of total reenue. The company plans to continue investing in its industry-leading software for health plans.
• EBITDA is expected to range from $34 - $36 million, an increase of 26% - 33%.
• Operating depreciation is expected to be approximately $20.4 million.
• Amortization of intangibles is expected to be approximately $24.9 million.
• Deferred stock amortization is expected to be approximately $2.6 million.
• GAAP loss per share (diluted) is expected to range from $(0.18) to $(0.22).
• Pro forma earnings per share (diluted) are expected to range from $0.15 to $0.19. (Note: pro forma numbers exclude amortization of acquisition-related intangibles and deferred stock compensation, restructuring and related impairment charges.)
• Tax rate on pro forma earnings is expected to be 40%.
• Estimated diluted share count is expected to be approximately 50.5 million for the year.
• Estimated basic share count is expected to be approximately 49.5 million for the year.
• Total cap-ex is expected to range from $30 - $35 million. Approximately 35% of that amount will be capitalized R&D. In addition to its investments in software, the company's investments will include service delivery architecture for its customers, added systems security and an internal Enterprise Resource Planning system.

First Quarter 2003

• Total revenue is expected to range from $65 - $69 million, an increase of 9% - 16% over the first quarter in the prior year.
• Gross margin is expected to be approximately 34%.
• SG&A is expected to be approximately 19% of revenue.
• R&D is expected to be approximately 7% of revenue.
• EBITDA is expected to range from $5.0 - $5.5 million, an increase of 22% - 34% over the prior year.
• Operating depreciation is expected to be approximately $4.5 million.
• Amortization of intangibles is expected to be approximately $6.9 million.
• Deferred stock amortization is expected to be approximately $650,000.
• GAAP loss per share (diluted) is expected to range from $(0.09) to $(0.11).
• Pro forma EPS (diluted) is expected to be approximately $0.00 to $0.01.
• Estimated diluted share count is expected to be approximately 48.1 million.
• Estimated basic share count is expected to be approximately 47.5 million.

For a summary of guidance, see table (PDF - 17k).

Investor Meeting Details (as announced on January 2, 2003)

TriZetto is hosting an investor meeting on Tuesday, January 14, 2003 from 12:25 p.m. – 3:00 p.m. Eastern Standard Time. During the meeting, Jeffrey H. Margolis, TriZetto's chief executive officer, will provide a general business update and review the company's plans for 2003. Michael J. Sunderland, chief financial officer, will review financial guidance for 2003.

There will be a live Web cast (audio and visuals) of the meeting. To participate, go to TriZetto's Web site at www.trizetto.com, click on "investor relations," then "company information," then "January 14, 2003 Investor Meeting Live Web Cast." Participants should access the Web cast approximately 10-15 minutes before the scheduled start time. The Web cast will be archived and available through TriZetto's Web site for 30 days following the meeting.

About TriZetto

The TriZetto Group, Inc. offers a broad portfolio of healthcare information technology (IT) products and services that can be delivered individually or combined to create a comprehensive solution.

The company provides:

• leading proprietary and third-party software, including e-business applications;
• outsourced services, such as software hosting, transaction processing and IT department operations; and
• strategic and implementation consulting.

TriZetto is focused on three healthcare markets: payers, benefit administrators and physician groups. Its more than 550 customers represent approximately 40 percent of the U.S. insured population. Headquartered in Newport Beach, Calif., TriZetto can be reached at (949) 719-2200 or www.trizetto.com.

Important Notice Regarding Forward-Looking Statements

CONTACTS:

The TriZetto Group, Inc. (Investor Relations)
Anna Marie Dunlap
949-719-2236
am.dunlap@trizetto.com

The TriZetto Group, Inc. (Media Relations)
Audrey Mautner
303-495-7197
audrey.mautner@trizetto.com

Information

For more detailed information, please call 1-800-569-1222 or click on the link below. Request more information     Contact a sales rep