ANGOSS Announces Availability Of KnowledgeWebMiner; VisibleWeb Planned for 2000 Release.

Business Editors &High Tech Writers

TORONTO--(BUSINESS WIRE)--Feb. 1, 2000

ANGOSS Software Corp (CDNX:ANC) (CDNX:ANC - www.angoss.com) - ANGOSS Software Corporation, developer of the industry leading data mining solutions, KnowledgeSEEKER(R) and KnowledgeSTUDIO(R), and KnowledgeExcelerator(TM) and KnowledgeAccess(TM) data mining add-ins for Excel and Access from Microsoft(R) Corporation, announced today that KnowledgeWebMiner(TM), an integrated data mining solution for e-business, will be made available to customers starting March 1, 2000.

KnowledgeWebMiner offers e-business professionals and alternative service providers delivering value added Web hosting services a comprehensive and highly scalable data mining solution for their e-business analytics requirements that can be custom coded to their own proprietary requirements. KnowledgeWebMiner users can increase the return on their e-commerce investments through superior understanding of key factors influencing their e-business success, including:

-- Measuring the effectiveness of their on-line and off-line

promotion strategies in driving traffic, click-throughs and

transaction volumes at their Web sites.

-- Exploring and understanding differences in visitor usage patterns

and behaviours.

-- Segmenting visitors, guests and members more precisely to enable

more relevant, effective, and personalized interactions.

-- Designing and deploying proprietary intelligent agents to drive

content selection, visitor interaction, and transacting options

and outcomes.

KnowledgeWebMiner combines advanced, proven, high performance analytic technology from the data mining industry leader. KnowledgeWebMiner leverages KnowledgeSTUDIO data mining components, supplemented by proprietary algorithms for clickstream analysis, automated data enrichment through the Acxiom Data Network, an on-line source of geodemographic marketing information on over 95% of US households, and related knowledge transfer and implementation services.

KnowledgeWebMiner can also leverage and enhance the web log data extraction and reporting capabilities of several popular Web log parsing and reporting tools from Net*Genesis (www.netgen.com), WebTrends (www.webtrends.com) and Accrue Software (www.accrue.com). Planned for subsequent release in 2000 is VisibleWeb(TM), a COM and Java based executive dashboard plug in for KnowledgeWebMiner, providing non-analytic personnel with continuous, intuitive, visual insight at their desktops into activity at their Websites.

&uot;ANGOSS has been actively promoting the use of data mining and data visualization technology in the Internet environment for over a year as a significant enhancement to current web log reporting and analysis solutions,&uot; commented ANGOSS President Eric Apps. &uot;KnowledgeWebMiner is a logical progression and extension of core, proven technology that has been used with considerable success by some of the world's leading companies in the financial services, telecom, and retail arenas for almost a decade and that is already in active use in several dot com environments. KnowledgeWebMiner is also going to meet the high expectations of our customers for well engineered solutions that are easy to use, realistically priced and scalable to meet quite demanding performance requirements.&uot;

&uot;KnowledgeWebMiner reinforces the soundness of our business vision and technology strategy&uot;, commented ANGOSS Vice-President Technology Ken Ono. &uot;Our leadership position in the data mining industry and unique technology architecture enable ANGOSS to offer comprehensive solutions oriented to a range of functional application areas and vertical market opportunities. KnowledgeWebMiner and VisibleWeb illustrate both our continuing thought leadership in the advanced analytics arena and our competitive reach into the Internet infrastructure market.&uot;

Introductory pricing for KnowledgeWebMiner starts at $85,000 for Windows NT/2000 and SUN Solaris platforms and includes a client-server based solution and comprehensive training for up to 5 e-business analysts. Customers with high volume Web sites have optional access to ANGOSS's proprietary &uot;in place mining&uot; technology to get the complete picture on their Web site activity by analyzing their entire Web databases. ANGOSS's proprietary in place mining technology is available for high performance database solutions from Whitecross Data Explorations (www.whitecross.com), Tantau Software (www.tantau.com) and COMPAQ Tandem (www.compaq.com), as well as for users running SQL Server 7 from Microsoft Corporation and Sybase IQ.

Customers seeking product, pricing and availability information should send your request to [e-mail].

ANGOSS Software Corporation, headquartered in Toronto, Canada, develops and sells industry leading data mining solutions &uot;at the intersection of the Warehouse and the Web&uot;. KnowledgeSEEKER(R) and KnowledgeSTUDIO(R) are used by leading Global 2000 companies in the financial services, retail, telecom, health care and advanced manufacturing sectors. KnowledgeExcelerator(TM) and KnowledgeAccess(TM), are data mining add-ins for Excel and Access, the popular spreadsheet and database applications of Microsoft(R) Corporation. KnowledgeWebMiner(TM) and Visible Web(TM) offer comprehensive, high performance data mining solutions for e-business professionals to enhance their e-business initiatives.

ANGOSS customers include AC Neilsen, Allstate Insurance, American Insurance Group, Ameritrade, Bank of America, Bank of Montreal, Barclays Bank, Bell Canada, Boeing, British Telecom, Cable &Wireless, Chase Manhattan Bank, CIGNA, Discover Financial, E Coverage, Ernst &Young International, Federated Department Stores, Fingerhut, Firemen's Fund Insurance, First USA, Frost National Bank, GE Capital, General Electric, MBNA, Mercer Management, MetLife, Microsoft, NationsBank, Netcentives, Pfizer, Providian, R.R. Donnelley &Sons, Sybase, Texaco, 360 Group and Wachovia.

ANGOSS has offices or representatives worldwide, including the United States, France, Germany, Japan, Mexico, Central and South America, Scandinavia, and the United Kingdom. KnowledgeSEEKER, KnowledgeSTUDIO, KnowledgeExcelerator, KnowledgeAccess, KnowledgeWebMiner, KnowledgeExplorer, VisibleWeb and VisibleWarehouse are trademarks or registered trademarks of ANGOSS Software Corporation. Other trademarks and registered trademarks are the property of their owners.

For more information, e-mail to [e-mail] or call 1-416-593-1122.

Trademarks and registered trademarks not owned by ANGOSS Software Corporation belong to their respective owners. This press release may contain forward-looking statements relating to the future performance of ANGOSS Software Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the risk of possible customer disappointment or dissatisfaction with ANGOSS Software products, and any resulting failure to expand the user base as anticipated by the Company; the Company's limited operating history and losses; increases in expenses; unproved market acceptance of the Company's products and services; technical uncertainties related to releases of new or modified products and adapting products to specific customer requirements; risks involving management of growth; competition and the introduction of new entrants and/or new products in the Company's markets; product development risks and risks of technological change; the risk of unanticipated expenses or asset reevaluations; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws.

Note: CDNX has neither approved nor disapproved the above information.

Note: In the fourth paragraph of this press release, there should be an asterisk symbol between &uot;Net&uot; and &uot;Genesis&uot;. This symbol may not appear properly in some systems.