Cognos Achieves Top Ranking in FTSE ISS Corporate Governance Index
– Achieves Fifth Spot Worldwide–
Ottawa, Ontario and Burlington, Massachusetts, April 19, 2005 - Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and corporate performance management (CPM) solutions, today announced it has achieved a top ranking score (5) in the FTSE ISS Corporate Governance Index (CGI). The FTSE ISS CGI Series, which ranks companies across geographic regions and industry sectors, was designed to provide asset managers with an instrument to help assess and manage the impact corporate governance practices may have on investment portfolios. Cognos ranked fifth among all companies worldwide.
Monitoring over 2,200 constituent companies from 24 developed markets, the joint rating system combines Institutional Shareholder Services (ISS) and FTSE Group’s respective expertise in corporate governance and indexing to provide this unique service. The joint series contains a group of six indexes and ratings data. The CGI ratings are based on five themes of corporate governance - compensation systems for executive and non-executive directors; executive and non-executive stock ownership; equity structure; structure and independence of the Board; and independence and integrity of the audit process.
“We are honored to be recognized as a world-wide leader in corporate governance,” said Rob Ashe, president and CEO, Cognos. “This Index represents the standard for measuring corporate governance globally, and Cognos’ consistent focus on corporate governance is reflected in this recognition for the company.”
FTSE Group is a world-leader in the creation and management of indexes. FTSE indexes are used extensively by investors world-wide for investment analysis, performance measurement, asset allocation, portfolio hedging and for creating a wide range of index tracking funds. ISS is the world’s leading provider of end-to-end proxy voting and corporate governance solutions. ISS provides services to help institutional investors make more informed investment decisions by using corporate governance data to mitigate risk and drive shareholder value. The new index series and ratings are designed to develop a global baseline standard for measuring corporate governance across regions of the world.
More information about the index series is available at: www.ftse.com/corpgov or http://www.issproxy.com/institutional/cgi.
About Cognos:
Cognos, the world leader in business intelligence and corporate performance management, delivers software and services that help 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 23,000 customers in over 135 countries. Cognos enterprise business intelligence and performance management 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.
Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.
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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