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.