STORAGE

Cognos, the world leader in business intelligence (BI) and corporate performance management, today announced it is positioned in the leaders quadrant of Gartner's Enterprise Business Intelligence Magic Quadrant. According to Gartner, Inc., leaders are vendors who are performing well today, have a clear vision of market direction, and are actively building competencies to sustain their leadership position in the market. Cognos continues to expand its leadership position in BI on the strength of its Cognos Enterprise BI Series, the industry's most comprehensive business intelligence solution, and delivering on its vision of corporate performance management (CPM). Cognos ReportNet, which offers a complete, pure Web-based enterprise query and reporting environment, is fully integrated within the Cognos EBI Series, which offers customers rich multi-dimensional analysis and visualization, a complete environment for ad hoc and managed, actionable event-driven BI, and data integration. Combined with Cognos Enterprise Planning Series, its industry-leading solution for planning, budgeting, modeling, and forecasting, and Cognos Metrics Manager, the most robust and flexible enterprise scorecarding solution, Cognos is the only company to deliver a complete and integrated solution for CPM. "The largest and most successful companies around the globe continue to embrace Cognos for its industry-leading breadth of functionality, scalability, and ease of use," said Rob Ashe, Cognos president and chief operating officer. "This prestigious positioning by Gartner is a testament to the continued momentum Cognos enjoys in the BI market, the award-winning quality and innovation of our products like Cognos ReportNet, and the strength of our corporate performance management vision." Since its release just seven months ago, Cognos ReportNet is already meeting the needs of hundreds of today's multi-national, diversified enterprises. Built upon a service-oriented architecture, Cognos ReportNet scales to 100s of 1,000s of users, has amassed millions in license revenue. The solution is currently the reporting standard for a number of enterprises, including Noodles & Company, Syngenta, Alfred Publishing, Manugistics, UTi Worldwide, and Werner. "These outstanding results for a product have convinced me that we not only have a great growth driver for the company today, but we have an architectural foundation that will raise the bar in the business intelligence market," continued Ashe. "Cognos ReportNet is the kind of exceptional innovation that has driven our company for the last thirty years and it is innovation that will carry us forward." For complete details on Gartner's April 2004 BI Magic Quadrant, visit the Cognos Web site at www.cognos.com.