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Angoss Software Signs Mitsui & Co. as Japanese Distributor; KnowledgeSEEKER Launched Into Japanese Marketplace.

TORONTO--(BUSINESS WIRE)--Nov. 27, 1996--Angoss Software Corp. (ASE:ANC) today announced the official launch of KnowledgeSEEKER, the world's leading Knowledge Discovery tool, into the Japanese market Nov. 26.

KnowledgeSEEKER will be distributed in Japan by Mitsui & Co. Ltd., who also participated in enhancing the product to fully meet the needs of the Japanese market.

KnowledgeSEEKER is an artificially intelligent, Knowledge Discovery and Data Mining technology that excels not only in an analytical capacity, but also as an exceptionally accurate predictive tool. KnowedgeSEEKER enables users to rapidly analyze and understand the patterns in a data set, providing a powerful tool for business analysis and decision support.

"We are extremely pleased to have a relationship with Mitsui," said John Mangold, Angoss President. "Their participation in the internationalization of KnowledgeSEEKER has resulted in a fully capable Japanese product. We look forward to significant revenue growth in the Japanese marketplace and a long and fruitful relationship with Mitsui & Co."

Toshiyuki Yamazoc, general manager of the Open System Team for Mitsui & Co., commented, "We are very pleased to announce the release of fully Japanized Angoss KnowledgeSEEKER in Japan. We are confident that KnowledgeSEEKER will be accepted as a leader of the Japanese Knowledge Discovery and Data Mining market. We are going to continue working closely with Angoss for success in Japan."

Providing support for five languages; English, French, German, Japanese, and Spanish, KnowledgeSEEKER is easily used by all companies with multinational offices.

Headquartered in Toronto, with subsidiaries in the United States and Europe, Angoss International is committed to providing a Knowledge Discovery product that is not only scalable but that also offers real value in the widest possible areas of decision support.

For further information, visit the company Web site at http://www.angoss.com

Founded in 1984, Toronto-based Angoss Software Corp. features a family of software products that provide decision support, business intelligence, data warehousing, data mining and client/server solutions. The company went public in 1993, and has offices or representatives worldwide, including in the United States, Australia, France, Germany, Japan, South Africa, Scandinavia and the United Kingdom.

CONTACT: Angoss Software Corp.

Rick Makos, 416/593-2410

rmakos@angoss.com

or

S&S Public Relations

Steve Simon, 847/291-8421 ext. 237
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Publication:Business Wire
Date:Nov 27, 1996
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