Angoss Positioned in the Challengers Quadrant in Leading Industry Analyst Firm's Customer Data Mining Magic Quadrant



    TORONTO, July 10 /CNW/ - Angoss Software Corporation (Angoss) (TSX-V:
ANC), a leading provider of data mining and predictive analytics solutions for
the financial services and information and communications technology
industries, today announced that it has been positioned by Gartner, Inc. in
the challengers quadrant in the 'Magic Quadrant for Customer Data Mining
Applications'(1) report.
    "Angoss remains focused on a roadmap of continuous innovation, providing
proven customer analytics solutions empowering sales, marketing and risk
management professionals to drive measurable business performance
improvements," said David Stott, head of Angoss product management. "We
believe our positioning in the Gartner Magic Quadrant reflects our dedication
to delivering rich solutions designed to accommodate the needs and abilities
of a wide range of users while allowing for a variety of scalable deployment
options."
    Some of the world's leading financial services, information and
communications technology, and retail organizations use Angoss, including
Citigroup, HSBC, JP Morgan Chase, GE Money, Bank of America, Wells Fargo,
Washington Mutual, Lloyds Bank, Barclays Bank, ABN Amro, Royal Bank of
Scotland, Standard Chartered, AIG, Allstate, Norwich Union, Nationwide,
Genworth Financial, AXA Insurance, Allianz, AGF, Russell Investments, Franklin
Templeton, T-Mobile, eBay, MSN, Dell, Yahoo, O2, Rogers Communications, Yellow
Pages Group, Genpact, ChoicePoint, Equifax, Experian, First Data Corporation,
Sedgwick CMS, Milliman, and hundreds of others.

    About the Magic Quadrant

    The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused
with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendor's measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.


    ----------------------------------
    (1) Gartner "Magic Quadrants for Customer Data-Mining Applications" by G.
    Herschel, et al. July 1, 2008.



    About Angoss

    Angoss Software Corporation empowers people to make "Better Business
Decisions. Every Day."(TM)
    Some of the world's leading financial services, information and
communications technology, and retail organizations use Angoss On-Demand
predictive analytics software and services to grow revenues, while reducing
risk and cost. Angoss helps our clients utilize business data to discover the
key drivers of behavior, predict future trends and events, and act with
confidence when making business decisions.
    Angoss combines powerful market proven software with focused industry
services expertise in the deployment, integration and use of predictive
analytics in enterprise environments. Our differentiators include broad user
acceptance, a commitment to open standards, rich functionality, rapid
deployment, exceptional ease-of-use and affordability.
    Headquartered in Toronto, Canada, Angoss has offices in the UK and has
partnered with the world's leading enterprise software and services vendors.
For more information, visit www.angoss.com.

    -------------------------------------------------------------------------
    The Magic Quadrant is copyrighted 1 July 2008 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.

    This press release contains statements of a forward-looking nature. These
statements are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. The accuracy of these statements may
be impacted by a number of business risks and uncertainties that could cause
actual results to differ materially from those projected or anticipated,
including: 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 risk that we will encounter difficulties in
integrating the operations of acquired companies with our own; the risks of
conducting our operations in a variety of international locations; the risk
that we may need to record future write-downs of assets arising from our
investments in other companies; the risks relating to the costs that we may
incur as a result of litigation against us; and other risks described in our
filings with securities regulatory authorities, including our annual reports,
interim financial statements and similar disclosure documents. ANGOSS Software
does not undertake any obligation to update this forward-looking information
after the date of its initial publication, except as required under applicable
law.

    Note: The Toronto Venture Exchange has neither approved nor disapproved
    the above information.
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For further information:

For further information: Alim Khan, Director, Marketing, (416) 593-2412,
akhan@angoss.com

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Angoss Software Corporation

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