BURLINGTON, MA, April 30, 2003—Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence (BI) and corporate performance management, today announced that it has been named a leader in business performance management, according to a new report from SPEX, a division of Meta Group. The report which evaluated all of the principal vendors in the business performance management market, ranked Cognos as a leader, with high scores for 4.4 out of 5 for technology and 4.25 out of 5 for functionality.

"Corporate performance management continues to gain momentum as a strategic imperative among the Global 3500 and is the future of our industry," said Rob Ashe, Cognos president and chief operating officer. "This report from Meta Group is a strong testimony to Cognos' leadership in the corporate performance management market and the vast potential of CPM to transform the face of business."

The SPEX report credited Cognos for having the technology and infrastructure in place to enable closed-loop business performance management. The report recognized Cognos enterprise scorecarding and enterprise planning solutions as areas of major strength within the overall Cognos offering. It also cited Cognos' recent acquisition of Adaytum as an important step in solidifying its BPM vision and augmenting its technology footprint in key areas such as enterprise planning.

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