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Business Objects Announces Data Mining Partnership With ANGOSS Software; Leading Decision Support Tools Vendor Partners with ANGOSS to Provide Customers with Link Between BusinessObjects and ANGOSS KnowledgeSEEKER.


CUPERTINO, Calif.--(BUSINESS WIRE)--May 20, 1996--Business Objects (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: BOBJY), the world's leading provider of integrated query, reporting, and online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature.  (OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. ) tools, today announced a partnership with ANGOSS Software.

ANGOSS joins Business Objects Open Data Mining Initiative partner program, and Business Objects will provide mutual customers with a link between the companies' two products that will allow users to launch ANGOSS KnowledgeSEEKER from within BusinessObjects. This link is available immediately, and will be provided by Business Objects to customers at no charge.

One-button integration with ANGOSS KnowledgeSEEKER will now make it easier than ever for users to combine the benefits of data mining with the powerful query, reporting, and OLAP abilities of BusinessObjects. Data mining extends customers' decision support capabilities by helping users to discover hidden trends and relationships in their data and to make predictions using that information.

ANGOSS KnowledgeSEEKER is an artificially intelligent, Knowledge Discovery and Data Mining technology that excels not only in an analytical capacity but also as an accurate predictive tool. American Demographics Magazine recently recognized KnowledgeSEEKER as a leading edge analysis tool and named ANGOSS Software one of the "100 Best Sources for Marketing information for 1995".

"We are pleased to be partnering with ANGOSS, and to offer our customers the ability to connect to ANGOSS KnowledgeSEEKER through BusinessObjects," said Bernard Liautaud Bernard Liautaud is chairman and chief strategy officer of Business Objects.

Liautaud cofounded Business Objects in 1990 and was chief executive officer until September 2005.
, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Business Objects. "Our partnership will allow customers to take advantage of BusinessObjects for integrated query, reporting, and OLAP, and ANGOSS KnowledgeSEEKER to further mine the resulting report."

Lynne Stethem, president and CEO of ANGOSS Software said, "Both new and existing users of Business Objects' tools will benefit greatly from this partnership. KnowledgeSEEKER's ability not only to identify trends and relationships in data, but also to make accurate predictions, is a powerful competitive weapon. When this is combined with Business Objects' technology, the result is indeed formidable."

About ANGOSS Software

ANGOSS Software is headquartered in Toronto, Canada with subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe and is committed to providing data mining products that are not only scalable but that offer real value in the widest possible areas of decision making. ANGOSS shares (ANC ANC
abbr.
African National Congress


ANC African National Congress: South African political movement instrumental in bringing an end to apartheid

ANC n abbr (=
) trade on the Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
. For further information on ANGOSS visit http://www.angoss.com.

About Business Objects

Business Objects (NASDAQ:BOBJY) is the world's leading supplier of integrated query, reporting, and OLAP tools. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , BusinessObjects, provides mainstream business users with access to information stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 by introducing the first product to use a "semantic layer Semantic Layer

The semantic layer is a business representation of corporate data that helps end users access data autonomously using common business terms. Developed and patented by Business Objects, it maps complex data into familiar business terms such as product,
" to map complex database schemas The definition of a database. It defines the structure and content in each data element within the structure. Schemas are often designed with visual modeling tools that automatically create the SQL code necessary to define the table structures. See subschema and XML schema.  to a business representation understandable by non-technical end users.

Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100% revenue growth. BusinessObjects has been licensed in more than 50 countries to over 2,900 customer sites and 160,000 users worldwide. Business Objects partners with more than 350 leading third-party vendors. More information on Business Objects can be found on the World Wide Web at http://www.businessobjects.com. -0-

Note to Editors: BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated.

-- Inquiries for Business Objects product information should call: 800-527-0580 or contact the company through the Web at http:\\www.businessobjects.com.

-- See other releases today on Business Objects data mining partnerships

CONTACT: Business Objects

Tracy Eiler or Miriam Standish, 408/973-9300

teiler@busobj.com

mstandis@busobj.com

or

Blanc & Otus

Danielle Dawson, 415/512-0500

ddawson@bando.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 20, 1996
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