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COGNOS COMPLETES ACQUISITION OF ADAYTUM

Cognos, a world leader in business intelligence (BI), announced recently that it has completed the acquisition of privately-held Adaytum, a global leader in enterprise performance planning (EPP).

"We're delighted to complement our market-leading business intelligence with Adaytum's best-in-class enterprise performance planning," said Ron Zambonini, Cognos CEO. "The addition of Adaytum gives us a world-class, enterprise-scale solution that puts us on the leading edge of the corporate performance management (CPM) marketplace."

Adaytum offers planning and performance management solutions for business and public sector organizations, with more than 1,500 customers worldwide. Founded in the United Kingdom in 1990, Adaytum was incorporated in the US with headquarters in Minneapolis and offices in the UK, the Netherlands and Australia. It is also represented in more than 35 other countries through a network of strategic alliance partners and value-added resellers.

About Cognos

Cognos, a world leader in business intelligence (BI), delivers software that helps companies improve business performance by enabling effective decision-making at all levels of the organization. A forerunner in defining the BI software category, Cognos delivers the next level of competitive advantage-Corporate Performance Management (CPM)-achieved through the strategic application of BI on an enterprise scale.

CPM lets organizations measure execution against business strategy to ensure the two are aligned at all levels across the enterprise. Cognos provides a framework for CPM that links people, information, and decision-making processes throughout the organization, and enables the complete management cycle with integrated software for planning, budgeting, reporting, analysis, and scorecarding.

Cognos serves more than 20,000 customers in over 135 countries. Cognos enterprise business intelligence solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at www.cognos.com/.

Contact: John Lawlor of Cognos, 613-738-3503.