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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 www.angoss.com.
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.

Contact:

For further information: Trish MacPherson, Director of Marketing,
Angoss, +1(416)-593-2403, tmacpherson@angoss.com