WOW! The following Press Release was received via Angoss' InvestorNet:
Data Mining Solutions At the Intersection Of the Warehouse and the Web
CONTACT:
Eric Apps
President
(416) 593-2430
eapps@angoss.com
FOR IMMEDIATE POSTING and DISTRIBUTION:
GARTNERGROUP RANKS ANGOSS DATA MINING INDUSTRY LEADER
Toronto, Ontario August 19, 1999 (ASE: ANC www.angoss.com) ANGOSS Software Corporation, developer of the industry leading data mining solutions KnowledgeSEEKER, KnowledgeSTUDIO, KnowledgeExcelerator and KnowledgeAccess, announced today that GartnerGroup has ranked ANGOSS Software Corporation the industry leading data mining software company and as one of the world's leading data mining solution providers. The rankings are contained in a recently completed GartnerGroup survey of the data mining industry.
"Receiving this level of recognition from GartnerGroup, based on an independent survey of the market, is great news for ANGOSS", commented ANGOSS President Eric Apps. "IT professionals and business managers in many organizations, as well as technology companies looking to partner with industry leaders in the business intelligence space, look to GartnerGroup for guidance on their data mining solution purchase and partnering decisions. This report will boost the visibility of ANGOSS with them. Unlike any of the other vendors identified in this survey, ANGOSS focuses exclusively on data mining technology. Our core value proposition 'ease of use, high scalability, ease of integration and affordability' is very compelling. We already have a high win rate when we get in front of customers and partners. This report will help us get in front of many more of them."
"ANGOSS offers unique, innovative data mining solutions to our customers, as well as components and platforms our partners can use to build more sophisticated, integrated and intelligent business applications", commented Ken Ono, ANGOSS Vice-President, Technology.
GartnerGroup's analysis confirms our message to the market that for best of breed in innovation, ease of use, ease of integration, and return on investment, customers and application developers should be looking seriously at ANGOSS data mining technology as their starting point. With the planned commercial release of KnowledgeExcelerator and KnowledgeAccess, our data mining add-ins for Excel and Access, and our aggressive development plans for KnowledgeSTUDIO and KnowledgeWebMiner, our planned Internet data mining platform, we continue to push the envelope. We expect to continue to expand our lead over the next year."
About GartnerGroup
As the world's leading authority on IT, GartnerGroup provides clients with a wide range of products and services in the areas of IT advisory services, measurement, research, decision support, analysis, and consulting. Founded in 1979, with headquarters in Stamford, Conn., GartnerGroup is at the center of a global community serving Fortune 1000 clients from 80 locations worldwide. Additional information about GartnerGroup is available on the Internet at gartner.com.
ANGOSS Software Corporation, headquartered in Toronto, Canada, develops and sells industry leading data mining solutions "at the intersection of the Warehouse and the Web". The ANGOSS KnowledgeSUITE of data mining products helps businesses make better business decisions. Every day.
KnowledgeSEEKER and KnowledgeSTUDIO are sold to Global 2000 companies in the financial services, retail, telecom, health care and advanced manufacturing sectors. KnowledgeExcelerator and KnowledgeAccess, data mining add-ins for Microsoft Excel and Microsoft Access , are scheduled to be commercially released October 1, 1999.
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. Microsoft Excel and Microsoft Access are trademarks of Microsoft Corporation.
For more information, e-mail to info@angoss.com or call 1-416-593-1122. For information on licensing ANGOSS products, or becoming a reseller or distributor of ANGOSS products, send your request to sales@angoss.com.
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. |
