ANGOSS RELEASES KNOWLEDGE SEEKER VERSION 7.5

TORONTO, Nov. 22 /CNW/ - Angoss Software Corporation (TSX-V: ANC), a leading provider of software and solutions in data, predictive analytics, and marketing, today announced the Version 7.5 release of its KnowledgeSEEKER® predictive analytics software suite which includes the KnowledgeSEEKER®, KnowledgeSTUDIO®, StrategyBUILDER™ and KnowledgeSERVER® applications.  KnowledgeSEEKER® 7.5 continues to build on Angoss' breadth of functionality and focus on delivering advanced analytics for mainstream business audiences.  Traditional data mining systems remain overly complex and costly to install, manage and train users to operate.  Angoss continues to open up usability and drive down technology licensing, training and deployment support costs. 

Numerous usability enhancements in this release have been generated from the Angoss user community, such as:

• Usability for Analysts.  Several GUI enhancements make it even easier for business analysts to get up and running with advanced data mining capabilities, while minimizing training and learning curve costs.  Angoss remains among the fastest predictive analytics systems for analysts to learn and use, without the significant time and cost investment for learning complex and costly statistical programming languages and tools. 
  
  
• Usability for IT Administrators.  The Angoss server can be installed and deployed rapidly to support business requirements.  With an expanding footprint of concurrent usage server deployments, enhanced administration utilities are provided for IT administrators to manage users and predictive analytics processes.
  
  
• Usability for Scorecard Design.  Streamlined workflows are provided enabling faster scorecard development and validation to support the business in all these areas.  This is especially valuable for power users who are looking to deploy predictive scorecards more broadly (similar to balanced scorecard concepts) to optimize business performance in marketing, sales and other domains. 
  
  
• Usability for Strategy Optimization.  Enhancements to the StrategyBUILDER™ strategy optimization toolkit permits enhanced design and deployment options to decision execution environments such as Experian SMG 3.

This release also introduces Teradata in-place data mining - an enhancement of Angoss in-database analytics for Teradata versions 12 and 13 - and continued support for Netezza environments.  Plus wider support for client and partner IT platforms including support for Windows 7 32-bit and 64-bit configurations.

"In a business environment of exploding data volumes and compressed timelines Angoss provides the best solution for business, analytics and IT teams to work collaboratively, using agile analytics methodologies to get to analytics results faster, and get these results deployed to and actionable for the business," commented Angoss President Eric Apps.  "As always this release has been driven primarily by our user community feedback and we believe users will find these enhancements add significant value to their businesses."

About Angoss Software Corporation

Headquartered in Toronto, Canada, with operations in the U.S., and U.K, Angoss helps clients grow revenues and reduce risk using powerful predictive analytics and data mining software that unlock actionable knowledge from customer data.   Angoss increases the intelligence of marketing, sales, and risk activities for some of the world's largest financial services, telecom and technology companies including HSBC, Citigroup, JP Morgan Chase, GE Money, Vodaphone, T-Mobile, and in Canada, RBC, Bell Canada, Rogers Communications, and CT Financial.  Angoss helps these and other companies discover patterns amongst customer activity, predict the impact of their marketing, sales and risk strategies, and act on this insight with actionable, predictive rules that generate improved business performance. Angoss is listed on the Toronto Venture Exchange under the symbol "ANC" and has been operating since 1984. For more information regarding Angoss Software Corporation, visit www.angoss.com.

This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets;   the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risk that we will encounter difficulties in integrating the operations of acquired companies with our own; the risks of conducting our operations in a variety of international locations; the risk that we may need to record future write-downs of assets arising from our investments in other companies; the risks relating to the costs that we may incur as a result of litigation against us; and  other risks described in our filings with securities regulatory authorities, including our annual reports, interim financial statements and similar disclosure documents.  Angoss Software Corporation does not undertake any obligation to update this forward-looking information after the date of its initial publication, except as required under applicable law. Sapien Information Services Corporation is not affiliated with Sapien Canada Inc. of Toronto, Ontario or Sapient Corporation of Boston, Massachusetts.

Note: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Angoss Software Contact:
Jordan Cooperman, VP Marketing, ph: 416-593-2415, email: [email protected]