New Cognos Analysis Capability for Excel Users Now Available



    -New exploration and analysis capabilities let business users
interactively drive decisions within Microsoft Excel while leveraging the
trusted, secure foundation of Cognos 8 BI-

    BURLINGTON, MASS., October 2 /CNW/ - Cognos(R) (NASDAQ:   COGN) (TSX: CSN),
a world leader in business intelligence and performance management solutions,
today announced that Cognos 8 BI Analysis for Microsoft Excel(R) 8.2 is now
generally available. The new enterprise BI capability enables Microsoft Excel
users to interactively explore and analyze centrally controlled and secured
Cognos 8 Business Intelligence performance information for improved
decision-making.

    Cognos 8 BI Analysis for Microsoft Excel(R) 8.2 is a new addition to
Cognos 8 BI. It is designed for the business or financial analyst who works
regularly in Excel under tight time pressures to create ad-hoc analysis and
reports that access multiple data sources. These workers want to leverage
their existing Excel skills to create new secure and refreshable performance
information inside their spreadsheets. Through the interactive exploration and
formulae based capabilities of Cognos 8 BI Analysis for Microsoft Excel, they
benefit from a live data connection that allows them to independently solve
business problems using trusted Cognos 8 BI, and other data sources, in Excel.

    Organizations have long been challenged to bring the required security
and data integrity to the spreadsheet. According to the independent Forrester
Research report, Ouch! Get Ready -- Spreadsheets Are Here To Stay For Business
Intelligence (April 2007), "spreadsheets and errors populate like rabbits. The
popularity and huge benefits of spreadsheets create many management and
control issues and challenges for both enterprise users and IT professionals.
Spreadsheets traditionally lack integrity, traceability, consistency,
redundancy, security, and compliance, which ultimately erode business
confidence in spreadsheet data, information, and results...When spreadsheets
are incorporated and tightly integrated with business processes, there's a
much higher risk that lack of controls will introduce operational and/or
financial risk into the process."

    Circuit City, Manpower and Bloorview Kids Rehab are representative
customer organizations who beta tested Cognos 8 BI Analysis for Microsoft
Excel 8.2. Their business, financial analysts and line of business managers
were able to interactively explore and analyze multidimensional performance
information by region, product, customer or business unit within Microsoft
Excel, while leveraging the Cognos 8 BI infrastructure for data consistency,
freshness and security, all without additional IT resources.

    "With Cognos 8 BI Analysis for Microsoft Excel, we appreciated the
ability to analyze multiple data sources together in one spreadsheet, while
maintaining data consistency and security," said Bill McCorey, senior vice
president and chief information officer of Circuit City Stores, Inc. "Our team
saw tremendous value in conducting exploration and analysis of enterprise
performance information while working within Excel. Our financial analysts
quickly saw the benefit of being able to perform their own ad-hoc self-serve
analysis in situations that previously required IT involvement. They were able
to quickly and independently resolve issues by finding answers and presenting
scenario results to answer typical business questions."

    "Our analysts were able to use the sophisticated functionality and
benefit from the power of Cognos 8 BI, while remaining within the familiar
environment of Excel," said Hakim Lakhani, director, decision support and
planning, Bloorview Kids Rehab. "They could enhance the Cognos data with
specific Excel functions and formulas and add data from various applications
while keeping both the data and their calculations dynamic."

    "In our financial reporting, we need to be able to drill-down to the
lowest level of granularity within specific categories," said Vivian Adashek,
financial systems project specialist, Manpower. "Cognos 8 BI Analysis for
Microsoft Excel 8.2 gave us the ability to automatically validate report data
as it came into our production environment and with exploration and formulae
eliminate any disparate copy and pasting our financial analysts had done
previously within Excel. By connecting Excel to a secure, controlled data
source and maintaining data integrity, it proved itself to be a great benefit
for our SOX testing efforts while providing our power Excel users with time
savings and stronger, self-serve data access and management."

    Cognos 8 BI Analysis for Microsoft Excel 8.2 meets the combined demands
of IT and key business stakeholders as part of a solution that offers a
complete range of BI capabilities on a single, proven architecture. By
providing business analysts with access to the Cognos 8 BI data layer they
gain a connection which spans a variety of data sources, including Cognos 8
Planning and Cognos 8 Controller. They also get a managed view of data through
a single interface to explore, select, filter and define the layout of the
desired information. Flexible query capabilities let business users refresh
and modify their original analysis, alter the layout, access information
through formulas and manage query parameters directly. As data or queries are
updated, linked Excel calculations and charts are also updated automatically.

    "Business and financial analysts want to access and analyze centrally
controlled and trusted performance information and still have the flexibility
to combine their findings with other data sources in an independent, ad-hoc
manner," said Leah MacMillan, vice president of product marketing, Cognos,
Inc. "This new product is part of our ongoing commitment to bring performance
management decision-making to the widest array of end users in the environment
they prefer to work in. This includes Microsoft Office, a search interface,
PDF or a mobile device."

    Availability

    Cognos 8 BI Analysis for Microsoft Excel 8.2 is available now direct from
Cognos or its network of partners.

    About Cognos:

    Cognos, the world leader in business intelligence and performance
management solutions, provides world-class enterprise planning and BI software
and services to help companies plan, understand and manage financial and
operational performance.

    Cognos brings together technology, analytical applications, best
practices, and a broad network of partners to give customers a complete
performance system. The Cognos performance system is an open and adaptive
solution that leverages an organization's ERP, packaged applications, and
database investments. It gives customers the ability to answer the questions
-- How are we doing? Why are we on or off track? What should we do about it? -
and enables them to understand and monitor current performance while planning
future business strategies.

    Cognos serves more than 23,000 customers in more than 135 countries, and
its top 100 enterprise customers consistently outperform market indexes.
Cognos 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.

    --Forrester Research, Inc., "Ouch! Get Ready - Spreadsheets are here to
stay for Business Intelligence", by Boris Evelson, April 2, 2007.

    Cognos and the Cognos logo are trademarks or registered trademarks of
Cognos Incorporated in the United States and/or other countries. Microsoft and
Excel are registered trademarks of Microsoft Corp. 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.




For further information:

For further information: Media Contacts Cognos, Inc. Carrie Bendzsa,
613-738-1440 Carrie.bendzsa@cognos.com or Lois Paul & Partners, LLC Jolene
Hajj, 781-782-5849 jolene_hajj@lpp.com or Investor Relations Cognos, Inc. John
Lawlor, 613-738-3503 john.lawlor@cognos.com

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