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Angoss Software Corporation

Angoss Positioned in the Challengers Quadrant in Leading Industry Analyst Firm's Customer Data Mining Magic Quadrant

Toronto, Canada (ots/PRNewswire)

Angoss Software
Corporation (Angoss) (TSX-V: ANC), a leading provider  of data mining
and predictive analytics solutions for the financial  services and
information and communications technology industries, today
announced that it has been positioned by Gartner, Inc. in the
challengers  quadrant in the 'Magic Quadrant for Customer Data Mining
Applications'(1)  report.
"Angoss remains focused on a roadmap of continuous innovation,
providing proven customer analytics solutions empowering sales,
marketing  and risk management professionals to drive measurable
business performance  improvements," said David Stott, head of Angoss
product management. "We  believe our positioning in the Gartner Magic
Quadrant reflects our  dedication to delivering rich solutions
designed to accommodate the needs  and abilities of a wide range of
users while allowing for a variety of  scalable deployment options."
Some of the world's leading financial services, information and
communications technology, and retail organizations use Angoss,
including  Citigroup, HSBC, JP Morgan Chase, GE Money, Bank of
America, Wells Fargo,  Washington Mutual, Lloyds Bank, Barclays Bank,
ABN Amro, Royal Bank of  Scotland, Standard Chartered, AIG, Allstate,
Norwich Union, Nationwide,  Genworth Financial, AXA Insurance,
Allianz, AGF, Russell Investments,  Franklin Templeton, T-Mobile,
eBay, MSN, Dell, Yahoo, O2, Rogers  Communications, Yellow Pages
Group, Genpact, ChoicePoint, Equifax, Experian , First Data
Corporation, Sedgwick CMS, Milliman, and hundreds of others.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is
reused  with permission. The Magic Quadrant is a graphical
representation of a  marketplace at and for a specific time period.
It depicts Gartner's  analysis of how certain vendor's measure
against criteria for that  marketplace, as defined by Gartner.
Gartner does not endorse any vendor,  product or service depicted in
the Magic Quadrant, and does not advise  technology users to select
only those vendors placed in the "Leaders"  quadrant. The Magic
Quadrant is intended solely as a research tool, and is  not meant to
be a specific guide to action. Gartner disclaims all  warranties,
express or implied, with respect to this research, including  any
warranties of merchantability or fitness for a particular purpose.
About Angoss
Angoss Software Corporation empowers people to make "Better
Business  Decisions. Every Day."(TM)
Some of the world's leading financial services, information and
communications technology, and retail organizations use Angoss
On-Demand  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 has  partnered with the world's leading enterprise software and
services vendors . For more information, visit http://www.angoss.com.
The Magic Quadrant is copyrighted 1 July 2008 by Gartner, Inc.
and is  reused with permission. The Magic Quadrant is a graphical
representation of  a marketplace at and for a specific time period.
It depicts Gartner's  analysis of how certain vendors measure against
criteria for that  marketplace, as defined by Gartner. Gartner does
not endorse any vendor,  product or servicedepicted in the Magic
Quadrant, and does not advise  technology users to select only those
vendors placed in the "Leaders"  quadrant. The Magic Quadrant is
intended solely as a research tool, and is  not meant to be a
specific guide to action. Gartner disclaims all  warranties, express
or implied, with respect to this research, including any  warranties
of merchantability or fitness for a particular purpose.
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.
(1) Gartner "Magic Quadrants for Customer Data-Mining
Applications" by G.
Herschel, et al. July 1, 2008.

Contact:

For further information: Alim Khan, Director, Marketing,
+1-(416)-593-2412, akhan@angoss.com/

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