BURLINGTON, MA, June 17, 2003 —Cognos (NASDAQ: COGN; TSX: CSN), the world leader in business intelligence (BI) and corporate performance management, today announced that numerous of its key partners have teamed with the company to deliver comprehensive solutions designed to help customers meet the certification requirements mandated by the Sarbanes-Oxley Act.

"A recent IDC report ("Sarbanes-Oxley: A Catalyst for a New Category of Analytic Applications?", April 2003) noted that the Sarbanes-Oxley Act and the regulations that implement its provisions will spur new requirements for robust compliance analytical frameworks and applications software for financial analysis, consolidation, and business performance management."

AMR Research's study, "CIOs: There is a Sarbanes-Oxley Project In Your Future," (May 2003) projects that "Fortune 1000 companies will spend up to $2.5B this year in Sarbanes-Oxley Act compliance-related work." AMR Research's survey indicates that "these firms are striving to identify early best practices to help them scope their SOA efforts."

Cognos and its partners provide the necessary solutions to meet the enhanced financial reporting and corporate governance requirements detailed by the Sarbanes-Oxley Act.

"With the support of our partners, we are excited to offer joint customers a compliant-ready solution designed to meet the goal-driven requirements demanded by today's organizations," said Michael Morrison, vice president of North American Enterprise Planning and Financial Applications, Cognos. "In working with our partners, we are delivering solutions that provide unmatched functionality, ensuring our customers have a single, reliable, and accurate view for both balances and details of the company's financials. This allows organizations to link individual execution with overall business strategy across the enterprise, fulfilling a critical element of effective corporate performance management."

Many of the world's leading organizations have teamed with Cognos to ensure Sarbanes-Oxley compliance, including:

DELTEK SYSTEMS:
Deltek is a 20-plus year provider of enterprise resource planning solutions (ERP) aimed squarely at serving industry segments that have faced government-enforced regulations for many decades.

"As an integrated component of our ERP solutions, Cognos provides visibility and alignment to the financial data that lies at the core of Sarbanes-Oxley," said Shimi Minhas, Director of Business Intelligence for Deltek. "Through Cognos and our expert consulting services, Deltek solutions are helping our clients seamlessly incorporate Sarbanes-Oxley compliance into the management of their enterprise."

EXINOM:
Exinom Technologies is a systems integrator specializing in providing mission critical solutions to the Global 2000 marketplace.

"Cognos solutions are designed to meet the challenge of a complex and changing financial regulatory environment. They ensure the integrity and timeliness of financial reports, giving financial executives a means to improve performance across the company by integrating financial processes - such as audit trail creation, rapid consolidation, and budgeting," said Frank Marsella, senior vice president of sales and marketing at Exinom. "With Cognos, companies who are facing increased financial scrutiny, accelerated reporting requirements, and the establishment of new disclosure controls and procedures can align and integrate core financial processes in a manner that supports effective internal controls, and timely and accurate external reporting."

ISA CONSULTING:
A Cognos partner since 1995, ISA provides business intelligence solutions to customers across North America in the pharmaceutical, consumer product goods, financial services, and manufacturing sectors.

"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, ISA Consulting. "Cognos is responding to this critical demand with solutions that address Sarbanes-Oxley requirements, providing financial executives with the tools and knowledge they require to transform an organization to a performance management-based culture."

KINSEY & KINSEY:
Kinsey & Kinsey is a full-service solution provider of application software and consulting services.

"The Sarbanes-Oxley Act has magnified companies' need for increased accuracy, timeliness, and transparency into external financial reporting processes. Cognos makes the standardization and consolidation process easier for our customers," said Heather Cole, vice president, Kinsey & Kinsey. "Through our Cognos partnership, we offer a robust solution that delivers the required functionality necessary to address today's rigorous reporting requirements for both financial and non-financial data."

PARADIGM BUSINESS SOLUTIONS:
Paradigm Business Solutions is a leading provider of strategic consulting services.

"Paradigm 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 Chris Fibbe, Chief Executive Officer, Paradigm Business Solutions. "The combination of Paradigm consulting expertise and Cognos' product expertise is a powerful solution that gives companies unprecedented insight into critical financial data - especially in a time when companies are feeling the pressure to comply with Sarbanes-Oxley - and the ability to apply powerful analytics to use that data for maximum effect."

SKY SOLUTIONS:
Sky Solutions is an e-business integration firm that deploys scalable, results-oriented IT solutions tailored to the needs of today's fast moving businesses that seek to compete in an ever-evolving and changing business environment.

"Sky Solutions is focused on delivering scalable, result-oriented solutions that deliver the fastest possible return-on-investment to our customers. We recognize Cognos products as solutions that consistently deliver the highest productivity gains to the user," said Gary Shiller, vice president, Sky Solutions. "Teaming with Cognos to deliver compliant-ready solutions for such requirements as Sarbanes-Oxley, we are ensuring that our 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:
Stonebridge Technologies is a leading provider of business technology consulting and integration services.

"To resolve the compliance issues around Sarbanes-Oxley and thus avoid the thorny consequences of non-compliance, we advise our clients to address the challenge of strict financial accountability in its totality, including business processes and interrelated support systems, operational reporting, analytics and forecasting, and legacy document management," said James Ivy, Stonebridge's president and CEO. "The inherent strength of Cognos' suite of business intelligence and financial planning solutions is that they address corporate governance, including corporate performance management, in totality - and at all levels within the enterprise - which is why Cognos is an integral part of our client solutions."