BW2174  NOV 15,2000       5:04 PACIFIC      08:04 EASTERN


( BW)(NY-QUERYOBJECT/COGNOS)(OBJ)Cognos QueryObject Partners with Cognos


    Business/Technology Editors

    ROSYLN HEIGHTS, N.Y.--(BUSINESS WIRE)--Nov. 15, 2000--

    Industry-Leading Business Intelligence from Cognos Complements
    QueryObject High-Performance Data Mart to Power Critical Business
    Decisions

    QueryObject Systems Corporation (AMEX: OBJ), a leader in analytical infrastructures for the Information Economy, today announced that it has partnered with Cognos(R) (Nasdaq: COGN; TSE: CSN), the world's largest and most successful business intelligence company. QueryObject Systems provides a unique analytical data structure that is optimized for access and distribution of high volume business data over the Internet. The integration of Cognos business intelligence solutions will enable QueryObject's customers to gain detailed insights into their business to drive profitable growth, provide timely, integrated and applicable Web-based information to executives and decision-makers, and improve customer relationships.
    As a partner, QueryObject will participate with Cognos in selected joint sales and marketing activities on a worldwide basis. QueryObject will offer its scaleable Internet data mart technology as a complement to the Cognos analytical front-end solutions - Cognos PowerPlay(R) and Cognos Impromptu(R) - in situations where the customer is looking to provide a single high-capacity analytical data mart that is accessible to multi-task analysis over the Internet.

    Industry Reaction

    "A partnership between QueryObject and Cognos signals a user-sensitive awareness on the part of both companies that traditional and Internet architectures should extend each other over numerous dimensions of the business," said Bob Moran, vice president and managing director, decision support research for Aberdeen Group. "The integration of Cognos' business intelligence solutions with QueryObject Servers or QueryObject Distributed Replication Servers will give enterprises exceptionally high-capacity, band-width conserving data marts and the flexibility to report and analyze on their contents using browsers or full-client desktops, based on the changing needs of the enterprise."
    "Cognos and QueryObject Systems have teamed to provide intelligent solutions that allow customers to embrace e-business and the flexibility of the Web, optimize business performance and accelerate time-critical decision making for employees, customers and suppliers," said Patrick O'Leary, Cognos vice president of strategic alliances. "QueryObject's open data structure is a high performance data mart that can be integrated with Cognos' query and analysis solutions. Its ability to concurrently support both Web-server implementations and client implementations over the Internet will be of significant interest to companies looking to offer a range of business intelligence out to all classes of knowledge workers across their extended enterprise."
    "This is an important alliance for us," said Robert Thompson, QueryObject CEO. "Cognos pioneered the Business Intelligence market and is a leader in the transition to eBusiness Intelligence. Its established suite of analytical engines and applications is a natural complement to QueryObject's Internet-optimized analytical data structure. We look forward to significant market development opportunities together."

    About the QueryObject System(R)

    The QueryObject System(R) helps data intensive organizations such as eBusinesses, telecommunications, healthcare and insurance, or financial services companies to achieve a competitive advantage by analyzing more data...in more detail ...more quickly...over the Internet.

    The QueryObject is the first true Information Economy data structure. Where most databases were designed for client-server transaction processing, the QueryObject is architected specifically for Internet data analysis:

    -- works on Internet scale data volumes over Internet size users communities

    -- at Internet velocity, with fast data mart builds, and queries at the speed of thought

    -- over both server-centric and - via the patent-pending QueryObject(TM) Distributed Replication Server - network caching Internet architectures

    -- while maintaining data privacy and security

    Its industry-leading data structure permits very large amounts of behavioral data to be efficiently stored as a densely compressed loss-less mass, while a unique polynomial index provides instant, random access to both the cross-dimensional totals and - via match keys - to the supporting transaction level data.
    The QueryObject(TM) Engine, which transforms any production data source into QueryObject data marts, runs on UNIX, and Windows NT servers, with native access to 22+ databases including SAP and PeopleSoft, allowing organizations to save time by processing business data directly on the platform on which it is created or stored.
    The QueryObject(TM) Server, running on UNIX, LINUX, or Windows NT, provides open end-user access to the resulting QueryObject data marts. Support for industry data access standards - JDBC, ODBC, and OLE/DB for OLAP - means that the QueryObject Server provides a powerful analytical back-end to most business intelligence and eBusiness intelligence tools and applications, increasing their volume scalability, query speed, and ability to support many concurrent users.
    The QueryObject(TM) Distributed Replication Server "Internet-enables" analytical data, so that it can be streamed over the Internet, Web-enabling BI client tools. This distributed network-caching feature means that the QueryObject architecture can support virtually unlimited numbers of concurrent Internet users, each using their personal choice of desktop BI clients.

    About Cognos(R) Corporation

    Cognos is the world's largest and most successful business intelligence company. Founded in 1969, Cognos does business with 15,000 customers in more than 120 countries around the world. Cognos business intelligence solutions and services are also available from more than 2,900 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com.

    About QueryObject Systems Corporation

    QueryObject Systems Corporation is a publicly held company headquartered in Roslyn Heights, NY with a European distribution subsidiary headquartered in Reading, the United Kingdom. Its scaleable Internet analytical technologies are available worldwide through a network of authorized distributors.

    About internetQueryObject Corporation

    internetQueryObject Corporation (iQO), also headquartered in Roslyn Heights, is a subsidiary of QueryObject Systems Corporation specializing in scaleable Internet analytical applications and ASP services for e-CRM (Customer Relationship Management).

    For more information about QueryObject Systems Corporation and its technologies, or iQO, visit the companies' web sites at http://www.queryobject.com and http://www.iqo.com.

    QueryObject System is a registered trademark and QueryObject, QueryObject Analyzer, internetQueryObject, iQO, QueryObjectexchange and QOxchange are trademarks of QueryObject Systems Corporation. Cognos, the Cognos logo, PowerPlay and Impromptu are trademarks or registered trademarks of Cognos Incorporated in the United States and/or other countries. All other trademarks and registered trademarks referenced in this document are the property of their respective holders.

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created hereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the Company's development as a software products company, and the ability of certain partnerships to aid in that growth; the capability of the company's products to perform as optimized analytical data marts; and the ability of the company's products to support the performance of other business intelligence tools. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.

    --30--jr/bos*

    CONTACT: Heidi Jacobs
             Harpell
             978-889-1453
             hjacobs@harpell.com
              or
             Robert Thompson
             QueryObject Systems Corporation
             516-228-8500 x149
             rthompson@queryobject.com
              or
             Tim Powers
             Cognos
             781-313-2454
             tim.powers@cognos.com

    KEYWORD: NEW YORK
    INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE HARDWARE
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