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29.03.2005 – 21:20

Angoss Software Corporation

Angoss Signs OEM Agreement with IBM - Extends Angoss Predictive Analytics Applications For IBM DB2 Platform

    Toronto, Canada (ots/PRNewswire)

Angoss Software Corporation (Angoss) (TSX-V: ANC) announced today that  it has entered into a licensing agreement with International Business  Machines to re-sell IBM's Intelligent Miner DB2 predictive analytics  platform. Under the agreement, Angoss will offer clients running IBM  platforms the Angoss predictive analytics solutions pre-integrated with  IBM's Intelligent Miner (IM) visualization, modeling and scoring tools for DB2.

    Predictive analytics systems are used to drive real time decisioning in  such areas as customer segmentation and marketing optimization, credit risk  management, transaction fraud and abuse detection. Angoss differentiators  include performance, scalability, affordability and ease of deployment.

    "This integration will save our clients time and money by reducing bottlenecks and creating a more flexible, standard-based environment that  accelerates time to strategy," commented Angoss President Eric Apps. "We  are pleased to offer this capability to customers running IBM as their  platform for data management and business intelligence. By extending Angoss  solutions with this capability, we are making predictive analytics  actionable for more business users, and delivering the business value of  predictive analytics quickly and cost-effectively across their organizations."

    The integrated offerings will enable organizations using Angoss predictive analytics applications on IBM platforms to accelerate time to  decision, lower deployment cost, reduce error risk, and improve analyst  productivity. Deployment options supported through the integrated offerings  include PMML (Predictive Model Mark-up Language), a data mining industry  standard for exchanging models between different tools and systems.

      Angoss offerings that the IBM integration module will include:
      -  KnowledgeSTUDIO(TM) Enterprise - The Angoss data mining analysis,
          reporting and scoring system deployed at some of North America's
          largest banks.
      -  Credit Risk Reporting & Analytics(TM) - The Angoss credit risk
          analytics system for retail and SME credit portfolio managers.
      -  FundGUARD(TM) - The Angoss predictive analytics system for the mutual
          fund and wealth management industry that enables growth in assets
          under management, while reducing redemption risk.
      -  Claims & Payments Analysis(TM) - A packaged Angoss predictive
          analytics system for insurance and entitlements providers to improve
          fraud and abuse detection.
      -  Telecommunications Marketing Analytics(TM) - An Angoss predictive
          analytics system for communications industry marketers that integrates
          predictive analytics and decisioning technology to drive higher
          revenues per customer.

    Integration testing between Angoss and IBM products was successfully  completed and general availability of the integrated offering is scheduled  for Q2, 2005.

    About Angoss


    Angoss Software empowers people to make "Better Business Decisions.  Every Day."(TM)

    Many of the world's leading financial services, telecom, life sciences,  and retail organizations use Angoss predictive analytics software and  services to grow revenues, while reducing risk and cost. Angoss helps our  clients utilize business data to discover the key drivers of behavior,  predict future trends and events, and act with confidence when making  business decisions.

    Angoss combines powerful market proven software with focused industry  services expertise in the deployment, integration and use of predictive  analytics in enterprise environments. Our differentiators include broad  user acceptance, a commitment to open standards, rich functionality, rapid  deployment, exceptional ease-of-use and affordability.

    Headquartered in Toronto Canada, Angoss has offices in the UK and Australia and partners with the world's leading enterprise software and  services vendors. For more information, visit

    This press release contains statements of a forward-looking nature.  These statements are made under the "safe harbor" provisions of the U.S.  Private Securities Litigation Reform Act of 1995. The accuracy of these  statements may be impacted by a number of business risks and uncertainties  that could cause actual results to differ materially from those projected  or anticipated, including: the risk that the sale of our products and  services involves a long sales cycle; the risk that the economic  environment and business conditions will remain difficult to predict; the  risk of competition in our target markets; the risk that we may not respond  adequately to evolving technologies; the risk that we or our customers may  have difficulties in introducing our products or services; the risk that we  will encounter difficulties in continuing to offer services; the risk that  we will encounter difficulties in integrating the operations of acquired  companies with our own; the risks of conducting our operations in a variety  of international locations; the risk that we may need to record future  write-downs of assets arising from our investments in other companies; the  risks relating to the costs that we may incur as a result of litigation  against us; and other risks described in our filings with securities  regulatory authorities, including our annual reports, interim financial statements and similar disclosure documents. ANGOSS Software does not undertake any obligation to update this forward-looking information after  the date of its initial publication, except as required under applicable law.

    Note: The Toronto Venture Exchange has neither approved nor disapproved the above information.

ots Originaltext: Angoss Software Corporation
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For further information: Trish MacPherson, Director of Marketing,
Angoss, +1(416)-593-2403,