Data Mining Solutions At the Intersection Of the Warehouse and the Web
CONTACT:
Lon L.E. Vining
Chief Financial Officer
(416) 593-2420
lvining@angoss.com
FOR IMMEDIATE POSTING and DISTRIBUTION:
ACXIOM CORPORATION DEMONSTRATES NEW
ANGOSS DATA MINING ADD-INS AT AGM
TORONTO, CANADA (August 5, 1999) - ANGOSS Software Corporation (ASE:ANC; www.angoss.com), developer of the industry leading data mining solutions KnowledgeSEEKER™, KnowledgeSTUDIO™, KnowledgeExceleratorÔ and KnowledgeAccessÔ, reports that AcxiomÒ Corporation demonstrated KnowledgeExcelerator and KnowledgeAccess, with integrated access to the Acxiom Data Network(SM), at its annual shareholders meeting on August 4, 1999.
Information on Acxiom, including footage from the annual shareholders meeting (Real Player / Shockwave), is available at acxiom.com. Information on the Acxiom Data Network is available at (http://www.databyacxiom.com).
Beta versions of KnowledgeExcelerator and KnowledgeAccess, data mining add-ins for ExcelÔ and AccessÔ, the widely used spreadsheet and database applications from MicrosoftÒ Corporation, are currently shipping to ANGOSS customers. They are also available in beta to other users for download via the Internet. Download information and authorization can be obtained from info@angoss.com.
These add-ins provide an easy to use, affordable data mining solution for a wide range of business users and feature automated access to the Acxiom Data NetworkSM (ADN), a comprehensive on-line database of consumer information from Acxiom® Corporation (Nasdaq: ACXM), a leading provider of data content and data management services. Business users can know quickly and easily take their Excel and Access based data, enrich it with information obtained from the AND, and get a superior understanding of their market segments, customer and prospect profiles, promotion responder profiles, customers' credit risk profiles and other key business drivers.
KnowledgeExcelerator and KnowledgeAccess with ADN access were recently featured by ANGOSS at the National Conference on Database Marketing held in Chicago, Illinois July 27-July 29, 1999. They will again be featured in the Partner's Pavilion of Acxiom at the DCI Data Warehouse Exposition - August 31, 1999 - September 2, 1999 in New York, New York. The commercial launch of KnowledgeExcelerator and KnowledgeAccess is scheduled for October 1, 1999. Further refinements to KnowledgeExcelerator, KnowledgeAccess and the ADN interface are planned. These products will be sold both to single users and as enterprise offerings to businesses seeking more effective ways to obtain maximum competitive advantage from their corporate data.
"We are pleased with the interest level our beta releases of these products are generating", commented ANGOSS President Eric Apps. "ANGOSS data mining solutions help our customers make better business decisions every day. Because our products span the OfficeÒ and Back OfficeÒ product suites, we now can offer the widest range of innovative data mining solutions in the world. Our products provide unparalleled scalability for data analysis from the laptop through the data mart or data warehouse to the demanding data volumes of the world's largest Internet websites. Our data mining components are also the easiest and most cost-effective choice for integration of advanced business intelligence into other enterprise applications in a range of vertical markets."
"Our successful integration with the Acxiom Data Network has proceeded extremely well and both sides are enthusiastic about the potential", commented Ken Ono, Vice-President, Technology. "It's a true win-win. The fact that our solution has been completed so quickly and showcased by Acxiom at this level confirms the established reputation of ANGOSS for vision and engineering excellence. It also confirms our ability to work effectively with our partners to bring to market innovative business solutions to address real world business needs."
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ANGOSS Software Corporation, headquartered in Toronto, Canada, develops and sells industry leading data mining solutions "at the intersection of the Warehouse and the Web". ANGOSS products help enterprises worldwide make better business decisions every day. KnowledgeSEEKER, KnowledgeSTUDIO, KnowledgeExcelerator and KnowledgeAccess are trade marks or registered trade marks of ANGOSS. Other trademarks or registered trademarks are owned by their respective owners.
ANGOSS has offices or representatives worldwide, including the United States, France, Germany, Japan, Mexico, Central and South America, Scandinavia, and the United Kingdom. KnowledgeSEEKER, KnowledgeSTUDIO, KnowledgeExcelerator, KnowledgeAccess and KnowledgeExplorer are trademarks of ANGOSS Software Corporation.
For more information, e-mail to info@angoss.com, call 1-416-593-1122, or visit our website at www.angoss.com.
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This press release may contain forward-looking statements relating to the future performance of ANGOSS Software Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the risk of possible customer disappointment or dissatisfaction with ANGOSS Software products, and any resulting failure to expand the user base as anticipated by the Company; the Company's limited operating history and losses; increases in expenses; unproved market acceptance of the Company's products and services; technical uncertainties related to releases of new or modified products and adapting products to specific customer requirements; risks involving management of growth; competition and the introduction of new entrants and/or new products in the Company's markets; product development risks and risks of technological change; the risk of unanticipated expenses or asset reevaluations; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws.
Note: The Alberta Stock Exchange has neither approved nor disapproved the above information.
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