BURLINGTON, MA, November 5, 2002—Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence (BI), today announced widespread partner support for Cognos CPM for Finance. It is the first complete financial solution that aligns core financial processes with company strategy and performance by integrating forecasting, budgeting, planning, and consolidations with reporting, analysis, and metrics management. This integration gives companies better visibility of their finances, more accountability through actionable metrics, and more reliable data via a shared financial framework.

By making Cognos CPM for Finance part of their overall business strategy, Cognos partners extend the value of Cognos solutions. They deliver services and domain expertise to customers during implementation and roll out and offer management insights to help them understand how to best leverage Cognos solutions.

"With the support of our partners, we are excited to offer joint customers the first integrated financial solution to meet the goal-driven requirements demanded by today's organizations," said David Kleinhans, area vice president, Cognos Applications. "With Cognos CPM for Finance, Cognos is delivering a solution that provides unmatched functionality, ensuring our customers have greater visibility into financial data, pre-built linkages between core financial processes and operational systems, and access to actionable role-based metrics. This allows organizations to link individual execution with overall business strategy across the enterprise, fulfilling a critical element of effective corporate performance management."

Cognos CPM for Finance is a significant deliverable on Cognos' CPM vision and offers a clear path for customers looking to improve overall corporate performance management. It has received strong support from several of the company's leading partners, including:

THE BAER GROUP:
"Monitoring the financial stability of a company is core to a company's success, and we are pleased to be supporting Cognos CPM for Finance," said Terry Collins, director, BI Solutions, The Baer Group. "Our partnership with Cognos is critical to the success of our business intelligence practice. By teaming with Cognos to implement this solution, we can continue to deliver valuable, forward-thinking business solutions for our customers. This will provide them the competitive advantage to not only compete in their marketplaces, but to lead them."

CD GROUP:
"With the integration of business intelligence and financial applications, Cognos CPM for Finance aligns with not only our business strategy, but also the unique needs of our customers. Cognos is unique in its ability to deliver a comprehensive solution that empowers an organization to better manage their financial processes - a core component to fulfill its entire corporate performance management strategy," said Larry Campbell, president, CD Group. "Cognos' industry-leading solutions deliver a rapid return on investment and significant business value for our customers - and Cognos CPM for Finance will be no different. We are pleased to continue to extend our investment in driving Cognos value to an increasing number of customers."

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 Brent Houlden, Solutions Regional Director of Operations, Central Canada, at Deloitte & Touche. "Cognos CPM for Finance is an all-encompassing financial solution that delivers the advanced functionality organizations need to better manage and predict the financial performance of their business. Together, Cognos and Deloitte & Touche bring the best business solution and business expertise to our customers, driving financial performance management and improvement."

EXINOM:
"Financial information serves as a key foundation for analytic initiatives across the company," said Frank Marsella, senior vice president, Sales and Marketing, at Exinom. "When your objective is improving corporate performance management, company financial stability is the core indicator. We are pleased with our strong relationship with Cognos and anticipate that many Exinom customers will benefit from the competitive advantage offered by the Cognos CPM for Finance solution."

INNOVATIVE SYSTEMS ASSOCIATES:
"With increasing scrutiny being placed on monitoring the financial metrics that drive today's businesses, it becomes more important then ever to gain a comprehensive and detailed view of operations," said Lou Polisano, Executive Vice President, Innovative Systems Associates. "Cognos is responding to this critical demand with Cognos CPM for Finance, providing financial executives with the tools and knowledge they require to transform an organization to a performance management-based culture."

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 CPM for Finance is no exception," said Gary Shiller, vice president, Sky Solutions. "The functionalities embedded in Cognos CPM for Finance allow customers 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:
"We partner with Cognos because it has the vision, expertise, and proven solutions to help organizations raise financial performance management to new heights. Cognos CPM for Finance is the latest manifestation of Cognos' commitment to providing organizations with the tools they need to solve today's complex business problems by extending financial control and accountability to every stakeholder," said James Ivy, Stonebridge Technologies' chief executive officer. "Cognos CPM for Finance provides the means to improve performance across the enterprise through financial process management and consistent reporting of the financial health of the company."