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Industry-Leading Partners Announce Support for Cognos Finance 6.0

BURLINGTON, MA, June 24, 2002—Cognos (Nasdaq: COGN; TSE: CSN), the world leader in business intelligence (BI), today announced widespread partner support for Cognos Finance 6.0, the industry's most comprehensive consolidation, planning, budgeting, and forecasting solution. Delivering the increased capability to integrate other systems with reporting, extended integration with Excel and enhanced global budgeting capabilities, Cognos Finance 6.0 gives organizations in-depth insight into financial performance and is a key component in effectively managing corporate performance.

"Key, industry-leading partners have demonstrated outstanding support of Cognos Finance," said Michael Morrison, vice president, Cognos Financial Applications, Cognos. "Through the support of our partners, we are excited to offer our joint customers an end-to-end solution to meet the corporate performance requirements demanded by today's enterprise."

CODA:
"Financial information serves as a key foundation for analytic initiatives across the company," said Graham Steinsberg, CEO, CODA. "Whether your objective is strengthening Customer Relationship Management or improving corporate performance management, company financial stability is the core indicator. CODA's strengthened partnership with Cognos has increased the competitiveness of CODA-planning customers by combining Cognos Finance technology with CODA's offering."

DELOITTE & TOUCHE:
"Deloitte & Touche is focused on providing our clients with the best, most efficient solutions that improve business processes while meeting the demands of today's large enterprises," said Tom Dagenais, national partner, Deloitte & Touche. "Cognos Finance is an all-encompassing financial solution that delivers the advanced functionality organizations need to better manage and predict the performance of the business."

EXINOM:
"Exinom has been a Cognos Partner since its inception in 1995," said Suresh Nichani, president and CEO of Exinom. "It was a natural progression to work with Cognos Finance, which allows organizations to strip away the complexities of their financial processes, and give them a view of their business metrics much more quickly and effectively than is possible with standard reporting software."

GEAC:
"In an ongoing effort to offer higher value to our customers' host solutions, we focus on delivering new tools that synchronize and analyze key activities in their organization and provide consolidated intelligence about their complex and diverse business activities," said Isobel Harris, senior vice president and general manager, Geac Enterprise SolutionsT. "Cognos is respected as a world leader in analytic and BI solutions and we recognize Cognos Finance 6.0 as being a perfect fit with our E Series and M Series financial applications and Web-enablement infrastructure."

GLOVIA:
"Implementing Cognos Finance with our ERP solutions, we recognize Cognos as a strong player with the kind of robust report-writing functionality that will increase in demand as the market moves to a demand-driven model where up-to-the-minute financials are crucial to success," said Matt O'Malley, Glovia CEO and president. "We are pleased with our relationship with Cognos and anticipate that many Glovia customers will benefit from the competitive advantage offered by the Cognos Finance solution."

INFINIUM:
"Infinium and Cognos are unique in their ability to deliver a comprehensive solution that empowers an organization to better manage their financial processes and to fulfill its entire corporate performance management strategy," said H. Edward Pyrtle, CPA, Infinium Financial Management and Analytics product manager, Infinium. "The combination of Infinium's and Cognos's expertise is a pre-packaged solution that gives companies unprecedented insight into critical financial data and the ability to apply powerful analytics to use that data for maximum effect."

JACK HENRY & ASSOCIATES:
"One of Cognos Finance's key strengths is the ability to deliver powerful planning, budgeting, forecasting, reporting, and analytics in one tightly integrated solution," said Steve Tomson, general manager, Jack Henry & Associates. "Monitoring the financial stability of a company is core to a company's success, and we are pleased to offer this market-leading product to our customers in the banking and financial services industry."

SKY SOLUTIONS:
"Sky Solutions is focused on delivering scalable, result-oriented solutions that deliver the fastest possible return-on-investment to our customers. Cognos solutions consistently deliver the highest productivity gains to the user and Cognos Finance is no exception," said Gary Shiller, vice president, Sky Solutions. "With the consolidation, planning, budgeting, and forecasting capabilities Cognos Finance customers are able to quickly gain insight into the financial health and performance of the company and use that data to make, better more informed decisions about the future."

STONEBRIDGE TECHNOLOGIES:
"The key strength of Cognos Finance is its ability to perform many financial processes in one integrated package. With Cognos Finance, consolidations, allocations, inter-company eliminations, currency conversions, performance management reporting, and so much more can all be accomplished with a single solution," said James Ivy, Stonebridge's CEO and founder. "Cognos Finance is truly a CFO's dream. It is designed to be owned by the finance department and is a true, user-controlled system that begins upon implementation and extends through the day-to-day operation of the system."

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Note to Editors:
Copies of previous Cognos press releases and Corporate and product information are available on Cognos' Web site at http://www.cognos.com, and at PR Newswire's site at http://www.prnewswire.com.

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