Burlington, Mass., June 16, 2000—Business Week magazine, in its June 19 cover story, has recognized Cognos^® (Nasdaq:COGN; TSE:CSN) as one of the world’s Top 100 Information Technology companies. Cognos, the world’s largest and most successful business intelligence company, attained a ranking of 76, behind Microsoft Corporation at 75, and was the only business intelligence software provider named to the Top 100. Selection criteria for Business Week’s Information Technology 100 included revenue growth, size, shareholder return and return on equity.

Cognos, with FY2000 revenue of $385 million and net income of $59 million, provides business intelligence software solutions that are a cornerstone of many of the world’s leading enterprise and e-business infrastructures. The company recorded business intelligence revenue growth of 42% during its FY2000.

Cognos solutions make organizations successful by enabling them to leverage Internet technology to allow personnel at all levels of their "extended enterprise," including customers, suppliers and business partners, to access, analyze and report on corporate data. Users can quickly see the factors driving their business, and make decisions to improve business performance, discover new opportunities, and strengthen customer relationships. Cognos software also brings together data from traditional and e-business processes into a single, unified view of the business. Organizations can share this information with customers, suppliers and business partners via a secure Web portal to improve their business performance and communications at Internet speed.

"Our strategy to invest for growth and expand marketing and sales programs has paid great dividends, culminating in this tremendous honor of Business Week naming Cognos as one of the world’s top one-hundred information technology companies," said Ron Zambonini, Cognos president and chief executive officer. "We have a very simple vision at Cognos, 'To make our customers successful.’ Cognos’ appearance in Business Week’s Top 100 list demonstrates our success in achieving this vision, producing record revenue and profits, and in turn, a significant return on our shareholder’s investment."