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Technology Stocks : HCIA - dropped 27 today? Tomorrow's outlook!!! -- Ignore unavailable to you. Want to Upgrade?

To: William L. Oppenheim who wrote (149)	12/18/1997 8:47:00 AM
From: Steve Rafalo	Respond to of 226

Company Press Release SOURCE: Cognos Cognos' DataMerchant and PowerPlay Server Web Edition Adopted By Health Care Information Market Leader Cognos(R) Web Solutions For Data Analysis and Distribution to be Used with Products Derived from the Industry's Largest Health Care Database of Over 325 Million Records BURLINGTON, Mass., Dec. 17 /PRNewswire/ -- Cognos(R) (Nasdaq: COGNF - news; TSE: CSN - news) today announced that HCIA Inc. (Nasdaq: HCIA - news), a leading health care information content company based in Baltimore, Md., is deploying Cognos' DataMerchant(TM) and PowerPlay(R) Server Web Edition for data analysis and distribution in HCIA's burgeoning activecontent(TM) Web- based products. HCIA is building and deploying customized Web data delivery tools for state hospital associations, large consulting firms, managed care organizations and pharmaceutical and medical device manufacturers, utilizing data derived from its 325 million patient discharge records database. After a detailed review of the marketplace for Web delivery of relational data, HCIA selected Cognos' business intelligence tools. Financial details of the deal were not disclosed. ''HCIA's growing Web initiatives illustrate another way we can leverage technology to strengthen our competitive advantage in custom heath care data analysis and delivery,'' said George D. Pillari, HCIA chairman and CEO. ''After a detailed technical and business analysis of the marketplace, HCIA selected Cognos' business intelligence tools because they offer the strongest combination of features for data analysis, delivery and time to market.'' "We are pleased that HCIA recognized how the Cognos solution will help extract value from its database. Business intelligence tools provide direct access to data through the Web, and transform data into valuable information for competitive advantage," said Ron Zambonini, Cognos president and CEO. DataMerchant securely packages, distributes and merchandises relational database information over the Internet, intranets and extranets. Whether selling data, sharing data with corporate partners, or auditing usage of databases, datamarts and data warehouses, DataMerchant is ideal for bridging the gap between data owners and data customers. PowerPlay is a powerful tool for exploring trends in data. It allows users to drill down through the data, enabling managers to conduct sophisticated data analysis easily. PowerPlay Server Web Edition is optimized for the Web, Internet and company intranets, and allows PowerPlay to be deployed -- universally and cost-effectively -- to users throughout an enterprise. With PowerPlay Server Web Edition, charts and crosstabs can be explored interactively from a browser on any platform. Users can slice and dice, drill down, filter and sort data to explore information and identify trends. HCIA HCIA is a leading heath care information content company that develops and markets clinical and financial decision support systems used by hospitals, integrated delivery systems, managed care organizations, employers, and pharmaceuticals manufacturers. The Company's databases and products are used to benchmark clinical performance and outcomes, profile best practices and manage the cost and delivery of healthcare. Cognos Cognos is the leading strategic supplier of enterprise business intelligence tools, allowing users to easily extract critical information through data access, reporting, analysis and forecasting. Cognos products consistently deliver the highest productivity gains to the user, the most manageable solution to the administrator, and the fastest return on investment (ROI) to the enterprise. Cognos also develops, markets and supports software tools for enterprise application development. Founded in 1969, Cognos is a publicly held company with offices around the world. U.S. operations for the company are headquartered in Burlington, Massachusetts. For more information, visit Cognos' World Wide Web site at cognos.com. NOTE: COGNOS, IMPROMPTU and POWERPLAY are registered trademarks of Cognos Inc. Scenario and DataMerchant are trademarks of Cognos Inc. Other products mentioned in this document are registered, trademarked, or service marked by their respective owners. Copies of previous Cognos press releases and Corporate and product information are available on Cognos' World Wide Web (WWW) site at cognos.com, and at PR Newswire's site at prnewswire.com. Product and company information can also be found at the Cognos CompuServe forum (GO COGNOS). SOURCE: Cognos --------------------------------------------------------------------------------