Angoss Adds Real-Time Analytics Capability

Delivers cost effective real-time scoring for SMB enterprises

TORONTO, March 26, 2013 /CNW/ - Angoss Software Corporation (Angoss) (TSX-V: ANC) today announced the addition of real-time scoring as a powerful cloud service that delivers intelligent, real-time scores or recommendations for businesses looking to embed predictive analytics into business operations.

The real-time scoring cloud service integrates with any operational system to provide on-demand scores, decisions models or recommendations as well as apply real-time strategic actions or treatments. It allows for ease of use in both applying models in real-time and updating models as new information develops.

The cloud service both deploys and manages predictive models built in Angoss KnowledgeSTUDIO™ or other popular statistical programs such as R and SAS® through Predictive Model Markup Language (PMML). Organizations also gain efficiencies by deploying Strategy Tree treatments in real-time with Angoss StrategyBUILDER™.

Real-Time Scoring in Action

Angoss' real-time scoring cloud service can be used for online product recommendations, targeted marketing treatments, cross sell and up-sell opportunities, credit fraud detection and loss, and next sales activity, among others.

"Real-time analytics is a top trend in today's data-driven business culture and now Angoss makes it affordable for SMB organizations to compete against their larger competitors," remarked Martin Galligan, President and CEO of Angoss. "Our real-time scoring service levels the playing field for companies who wish to improve business performance with predictive analytics without investing heavily in expensive IT infrastructure, and by deploying predictive models developed in popular statistical programs such as R."

Organizations looking to leverage real-time scoring and recommendations benefit from:

  • Automated decision making during customer interactions increases the accuracy and speed of decisions—improving productivity and business agility.

  • Automated predictive strategy deployment reduces the time to deploy intelligent actions and business strategies for immediate results.

  • On-demand scoring and segmentation provide instantaneous, actionable recommendations to support improved business performance.

Key Features: Real-Time Scoring

  • API support for SOAP, REST and XML/JSON allows for simple integration with any operational systems such as line of business applications, customer relationship management, call center systems, website etcetera.

  • Flexible, standard model deployment includes the ability to deploy Angoss KnowledgeSTUDIO models, or models developed in other statistical programs such as R and SAS via PMML.

  • Advanced model support includes the most popular models: Logistic Regression, Linear Regression, Decision Trees, Strategy Trees, Market Basket Analysis, Scorecards, Neural Networks and Cluster Analysis.

  • Centralized, remote model management and deployment lowers upfront IT infrastructure costs and demand on internal resources.

About Angoss Software Corporation

Angoss is a global leader in delivering predictive analytics to businesses looking to improve performance across sales, marketing and risk. With a suite of desktop, client-server and big data analytics software products and loud solutions, Angoss delivers powerful approaches to turn information into actionable business decisions and competitive advantage. Angoss software products and solutions are user-friendly and agile, making predictive analytics accessible and easy to use. Many of the world's leading financial services, insurance, retail, health care and information communication and technology organizations use Angoss predictive analytics software products and solutions to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, Angoss has offices in the United States and United Kingdom. For more information, visit www.angoss.com.

This press release includes forward-looking statements within the meaning of applicable securities laws.  Forward looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable.  These statements may involve, but are not limited to, comments relating to preliminary results, guidance, strategies, expectations, planned operations or future actions.  Forward-looking statements are identified by the use of terms and phrases such as "preliminary", "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and similar terms and phrases, including references to assumptions.

Forward-looking statements, by their nature, are based on assumptions, including those described herein and are subject to important risks and uncertainties.  Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business.  Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risks of conducting our operations in a variety of international locations; the risks relating to the costs that we may incur as a result of litigation against us; the risk of future capital needs and uncertainty of additional financing; the risk of the need for the Company to manage its planned growth and expansion; the risk of  the effects of product development and need for continued technology change; the risk of protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the risk of the ability of the Company to maintain properly working systems; the risk of reliance on key personnel; the risk of volatile securities markets impacting security pricing unrelated to operating performance; as well as the factors identified throughout this news release and those identified in section entitled "Risks and Uncertainties" of the Company's MD&A filed on www.sedar.com.  The forward-looking statements contained in this news release represent the Company's expectations as of the date of this news release (or as of the date they are otherwise stated to be made), and are subject to change after such date.  However, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Note: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: ANGOSS Software Corporation

For further information:

Contact: 
Michelle Corsano
Vice President, Marketing
416-593-2429
mcorsano@angoss.com

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