Sydney, Australia, January 15th, 2004 — Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence (BI) and corporate performance management, today announced that QSP Asia Pacific, an Australian-owned company specialising in providing financial and performance management solutions, has become a Cognos Enterprise Planning partner.

QSP, which provides e-finance solutions to a broad range of customers in the private and public sector, originally established a partnership with Cognos in 1998. Since then, it has implemented Cognos at enterprise sites including Moreland City Council, Qantas, Department of Finance and QBE Insurance.

As part of its expanded relationship with Cognos, QSP will now integrate Cognos Enterprise Planning Series within its own QSP Financials Manager solution to offer a fully web-enabled, functionality rich software solution for Chief Financial Officers.

By driving enterprise reporting standardisation in Cognos accounts, QSP will help organisations to improve their performance management in an environment where they increasingly need to integrate information from disparate sources inside and outside the enterprise and provide for reporting transparency.

The joint offering brings together planning, budgeting, forecasting, consolidations, reporting, and financial analytics and offers a single, reliable, timely and accurate view of operational and financial performance expectations across all functions, at all levels of an organisation.

Stephen Mackley, Chief Executive Officer, QSP, said, "By offering a true corporate planning management capability with Cognos, we can now take customers from project planning to successful deployment by offering them the opportunity to gain a holistic view of their data and an unprecedented level of analysis, insight and structure.

"Our long-standing relationship with QSP continues to deliver on our commitment to providing the highest possible level of services and support to end users," said Swayne Hill, Cognos managing director, Australia/New Zealand.

"QSP is a strong player in business intelligence solutions and has demonstrated a real commitment to improving performance management at the corporate level. This enhanced relationship represents an extremely important part of helping us to jointly market and sell integrated solutions to a number of vertical markets including government, utilities, transport and financial services," Mr Hill added.

About QSP
QSP Asia Pacific is an Australian-owned company specialising in planning, designing, developing, implementing and supporting software solutions that address the broad range of financial and performance management requirements of enterprise-class organisations in the Asia Pacific region.

Our professional services team draws on a heritage of more than 20 years experience in providing total e-finance solutions to organisations in the public and private sectors, and we presently work with a broad range of customers across both sectors. We have offices in Melbourne, Sydney, Canberra, Adelaide, Wellington and Auckland, enabling us to provide on-the-ground consultation, project management and solutions support.

For more information, visit the QSP Website at http://www.qsp.com.au.

About Cognos
Cognos, the world leader in business intelligence and corporate performance management, delivers software that helps companies drive, monitor and understand corporate performance.

Cognos delivers the next level of competitive advantage - Corporate Performance Management (CPM) - achieved through the strategic application of BI on an enterprise scale. Our integrated CPM solution helps customers drive performance through planning; monitor performance through scorecarding; and understand performance through business intelligence.

Cognos serves more than 22,000 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 http://www.cognos.com.

For further information about Cognos, please contact:

David Bass or Joanne Balfour at LEWIS:
Tel: 61 2 9901 4235
Fax: 61 2 9906 8100
Internet: http://www.lewispr.com