Angoss Recommended by Independent Research Firm

Ovum believes that Angoss is best suited for large organizations and SMBs that cannot wait for lengthy deployment cycles

TORONTO, Jan. 15, 2013 /PRNewswire/ - Angoss Software Corporation's (Angoss) (TSX-V: ANC) predictive analytics software suite version 8.5 was recently evaluated by Ovum, global analyst firm of the year for 2012. The evaluation underscores Angoss software's value to customers for its "fast implementation…strong focus on the cloud…and non-programmatic approaches to predictive analysis."

"Angoss is best suited to cater to large organizations that need to run predictive analytics on internal and external data, but cannot wait for lengthy deployment cycles. Arguably even SMBs would benefit from smaller deployment cycles," says Surya Mukherjee, Senior Analyst, Ovum. 

"One of the differentiating factors of Angoss' solution is its strong focus on the cloud. Moreover, Angoss' solution is focused on allowing users to visually design many predictive jobs that would traditionally require manual coding. This has definite appeal for business users who would like to analyze data without learning the intricacies of coding," according to the report. 

Download your free copy of Ovum's Technology Assessment, Angoss Predictive Analytics Software Suite, by visiting http://www.angoss.com/special-reports/ovum-jan-2013.

"Angoss has been very busy in the past year with major releases of our software suite and increasing investments in R&D," commented Angoss CEO, Martin Galligan. "Being recognized by Ovum reaffirms our commitment to meet the evolving needs of all analytics users regardless of their analytical environment or level of expertise through software products and solutions that uniquely offer ease of use, interoperability and faster time to value."

Complimentary Report

Ovum Technology Assessment, Angoss Predictive Analytics Software Suite; to download your free copy please visit http://www.angoss.com/special-reports/ovum-jan-2013.

About Angoss Software Corporation

Angoss is a global leader in delivering predictive analytics to businesses looking to improve performance across sales, marketing and risk. With a suite of desktop, client-server and big data analytics software products and Cloud solutions, Angoss delivers powerful approaches to turn information into actionable business decisions and competitive advantage. Angoss software products and solutions are user-friendly and agile, making predictive analytics accessible and easy to use. Many of the world's leading financial services, insurance, retail, health care and information communication and technology organizations use Angoss predictive analytics software products and solutions to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, Angoss has offices in the United States and United Kingdom. For more information, visit www.angoss.com.

This press release includes forward-looking statements within the meaning of applicable securities laws.  Forward looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable.  These statements may involve, but are not limited to, comments relating to preliminary results, guidance, strategies, expectations, planned operations or future actions.  Forward-looking statements are identified by the use of terms and phrases such as "preliminary", "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and similar terms and phrases, including references to assumptions.

Forward-looking statements, by their nature, are based on assumptions, including those described herein and are subject to important risks and uncertainties.  Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business.  Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risks of conducting our operations in a variety of international locations; the risks relating to the costs that we may incur as a result of litigation against us; the risk of future capital needs and uncertainty of additional financing; the risk of the need for the Company to manage its planned growth and expansion; the risk of  the effects of product development and need for continued technology change; the risk of protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the risk of the ability of the Company to maintain properly working systems; the risk of reliance on key personnel; the risk of volatile securities markets impacting security pricing unrelated to operating performance; as well as the factors identified throughout this news release and those identified in section entitled "Risks and Uncertainties" of the Company's MD&A filed on www.sedar.com.  The forward-looking statements contained in this news release represent the Company's expectations as of the date of this news release (or as of the date they are otherwise stated to be made), and are subject to change after such date.  However, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Note: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE ANGOSS Software Corporation




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