NEWPORT BEACH, Calif. – July 15, 2004 – The TriZetto Group, Inc. (Nasdaq:TZIX) today issued higher guidance for the second quarter ended June 30. The company expects to report revenue of $66 to $68 million, EBITDA of $5.5 to $6.5 million and (loss) earnings per share of approximately ($0.01) to $0.01. TriZetto is maintaining its 2004 guidance for EPS of $0.12 to $0.17. The company plans to report complete results for the second quarter before market open on Thursday, July 29, 2004.

"We are making solid progress on a number of issues we identified in our first quarter announcement,"said TriZetto Chairman and CEO Jeff Margolis. "We look forward to updating investors on our July 29 call."

Reconciliation of Net Loss to EBITDA (PDF)

Conference Call

TriZetto will issue the press release with its full second quarter results before market open on Thursday, July 29, 2004. This will be followed by a conference call at 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time. Investors may access the webcast through TriZetto’s web site at www.trizetto.com, first by clicking on the Investors button, and then on the Company Information drop-down menu item. The conference call will be archived and available through TriZetto’s web site for 30 days following the call.

The webcast will also be distributed over CCBN’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN’s individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN’s Individual Investor Network. Institutional investors can access the call via CCBN’s password-protected event management site, StreetEvents (www.streetevents.com).

About TriZetto

Important Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include statements about future net revenues, profits, and financial results, the market for TriZetto's services, future service offerings, industry trends, client and partner relationships, and TriZetto's operational capabilities. Actual results may differ materially from those stated in any forward-looking statements based on a number of factors, including the effectiveness of TriZetto's implementation of its business plan, the market's acceptance of TriZetto's new and existing products and services, the timing of new bookings, risks associated with management of growth, reliance on third parties to supply key components of TriZetto's services, attraction and retention of employees, variability of quarterly operating results, competitive factors, risks associated with acquisitions, changes in demand for third party products or solutions which form the basis of TriZetto's service and product offerings, financial stability of our customers, the ability of TriZetto to meet its contractual obligations to customers, including service level and disaster recovery commitments, changes in government laws and regulations and risks associated with rapidly changing technology, as well as the other risks identified in TriZetto's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting TriZetto’s investor relations department at 949/719-2225 or at TriZetto’s web site at www.trizetto.com. All information in this release is as of July 15, 2004. TriZetto undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.

CONTACTS:

Media:
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