Peregrine Systems Releases AssetCenter Insight

Peregrine Systems Inc, a leading provider of Infrastructure Management software and e-Infrastructure solutions, announced a new product that provides the industry's most complete Business Intelligence solution for asset management. Peregrine Systems AssetCenter Insight, powered by Cognos enterprise business intelligence technology, allows companies to not only access and report information about assets, contracts, vendors, work orders and costs but to analyze that data and make more informed, pro-active business decisions to improve their operating efficiency and effectiveness.

AssetCenter Insight adds to Peregrine Systems growing Business Intelligence offering by enabling enterprise customers to fully understand the entire scope of their operations. Using AssetCenter Insight to view and analyze asset data collected and managed by the world's leading solution in asset management technology AssetCenter, customers can answer questions such as asset costs by employee, division or asset type. The addition of Cognos Business Intelligence solutions allows users to drill down and reorganize data "on the fly" based on key performance metrics and guide the decision-making process. The application gives users anywhere in the organization access to data based on their role -- whether they are executives, facilities supervisors, or corporate asset managers. AssetCenter Insight gives customers the power to make more timely, informed decisions and gain the competitive advantage they require in today's marketplace.

"AssetCenter Insight will provide our customers with a critical tool for making effective use of the valuable information generated by AssetCenter," said Bill Keyworth, vice president of product marketing for Peregrine Systems. "Insight gives them the power to interpret AssetCenter reports and take the action that will dramatically reduce operating costs and allow them to move ahead in the market."

AssetCenter Insight is powered by Cognos leading reporting and OnLine Analytical Processing (OLAP) solutions. Coupled with pre-defined data catalogs and datacubes appropriate to the needs of the asset management process, users have a very powerful decision support tool immediately at their fingertips. AssetCenter Insight is delivered with more than 30 report templates organized under logical headings such as Suppliers, Products, Budget, Departments, Contracts and Forecasts. Once populated with data captured and managed by AssetCenter, users can explore the data multidimensionally by simply pointing and clicking. They can also drill down through increasing levels of detail and "slice-and-dice" the information in order to extract what is most critical to their business processes.

"Cognos has teamed with Peregrine Systems to provide our market-leading business intelligence to its AssetCenter customers in order to expand e-business performance and accelerate time-critical decision-making for employees, customers and suppliers," said Ted Jandl, Cognos vice president of North American partner channel sales. "In today's Internet-driven economy, leading companies are rapidly tapping into new technologies and real-time, decision-critical intelligence. Peregrine Systems and Cognos are allowing customers to optimize their information assets and deliver timely and consistent information for competitive advantage."

Pricing and Availability

AssetCenter Insight is available immediately. Please contact a Peregrine Systems representative for more information.

About Cognos

Cognos is one of the world's largest and most successful business intelligence companies. Founded in 1969, Cognos does business with 14,000 customers in more than 60 countries around the world. Cognos business intelligence solutions and services are also available from more than 2,800 worldwide partners and resellers. For more information, visit the Cognos Web site at www.cognos.com.

About Peregrine Systems

Peregrine Systems is a leading provider of Employee Self Service, Infrastructure Management and e-Business connectivity solutions that help ensure the reliability, productivity and cost-effectiveness of organizational infrastructure. Peregrine Systems provides Infrastructure Management solutions to organizations that permit them to manage the availability and cost of their technology, facilities and transportation infrastructure. Peregrine Systems also provides Get.It! Employee Self Service Weblications to allow any employee in the organization to get what they need to get their job done. By integrating Employee Self Service Weblications, such as e-Procurement, with total lifecycle Infrastructure Management and e-Business transaction exchange, Peregrine Systems solutions empower organizations to make better and faster business decisions. In a world moving toward 24-hour global commerce, Infrastructure Management coupled with Employee Self Service and e-Business transaction exchange is a key to competitive success.

Founded in 1981, Peregrine Systems is headquartered in San Diego, California with offices throughout the United States as well as in the United Kingdom, Belgium, Brazil, Canada, France, Germany, Denmark, Italy, Japan, Netherlands, Sweden, Australia and Singapore. Peregrine Systems also has alliance partners and distributors located throughout these regions and in Latin America. More information on Peregrine Systems is available on the World Wide Web at www.peregrine.com.

Contact Valerie Motis of Peregrine Systems, Inc, 858-720-5278, vmotis@peregrine.com or Tim Powers of Cognos, 781-313-2454, tim.powers@cognos.com.