Angoss Releases Version 7 of Predictive Analytics Suite

    Version 7 Achieves Database Optimized Analytics Certification Under New
    Partnership with Netezza Corporation

    TORONTO, June 1 /CNW/ - Angoss Software Corporation (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 the Version 7 release of KnowledgeSEEKER(R),
KnowledgeSTUDIO(R) and StrategyBUILDER(TM), the Angoss predictive analytics
software suite.
    Version 7.0 continues to build on Angoss' breadth of functionality and
focus on delivering advanced analytics for mainstream business audiences. This
release introduces wider support for client and partner IT platforms while
enhancing core analytics capabilities for both business analysts and expert
users. In addition to numerous usability features and improvements, Angoss
clients will appreciate this latest release for its end-to-end implementation
of additional data analysis and optimization capabilities, and wider server
platform support, including Windows Server 2008 and Red Hat Linux.
    "This release is the product of active engagement with our customer
stakeholders across our key industries and geographies," said David Stott,
Angoss director of product management. "We've advanced our product roadmap for
credit risk, sales and marketing analytics with functionality that will be
immediately beneficial to Angoss clients."
    In addition, as part of this release Angoss is introducing in-database
analytics for KnowledgeSEEKER. Certified with Netezza and with support for
other data warehouse and appliance systems, Angoss now offers data profiling,
data visualization and complex segmentation modeling without importing any
data whatsoever. Analytics performed through the in-database connection
leverages the performance provided by systems like Netezza while working
against potentially very large data sets.
    "Netezza is pleased to welcome Angoss as a complementary technology
partner," states Matthew Rollender, director of strategic and partner
alliances at Netezza. "Our customers seeking to leverage native Netezza
performance capabilities will appreciate the ability to use a well-known
analytics workbench like Angoss KnowledgeSEEKER for data profiling,
visualization and segmentation."

    About Angoss

    Angoss combines powerful market-proven data mining and analytics 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 New York and the UK and
has partnered with the world's leading enterprise software and services
vendors. For more information, visit

    About Netezza Corporation

    Netezza (NYSE:   NZ) is the global leader in data warehouse and analytic
appliances that dramatically simplify high-performance analytics for business
users across the extended enterprise, delivering significant competitive and
operational advantage in today's information-intensive marketplaces. The
Netezza family of appliances brings appliance simplicity to a broad range of
complex data warehouse and analytic challenges. Customers who have realized
the benefits of Netezza appliances include Ahold,, Debenhams,
Department of Veterans Affairs, Epsilon, iBasis, eHarmony, Nationwide, Neiman
Marcus, Orange UK, Premier, Inc., Ross Stores, Ryder System, Inc., The
Carphone Warehouse and Virgin Media. Based in Marlborough, Mass., Netezza has
offices in Washington, DC, the United Kingdom and the Asia Pacific region. For
more information about Netezza, please visit

    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
Corporation 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.

For further information:

For further information: David Stott, Director, Product Management,
(416) 593-2403,

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