BURLINGTON, MA, April 16, 2002—Cognos today announced that AmeriCredit Corp., North America's largest independent middle-market auto finance company, has implemented an enterprise business intelligence solution from Cognos. AmeriCredit (NYSE: ACF) wanted a flexible technology solution that would deliver critical business information from a multi-user platform that could be shared between departments and customized to meet individual users' needs. Cognos (Nasdaq:COGN; TSE:CSN) is the leading global provider of business intelligence solutions.

AmeriCredit chose to implement Cognos PowerPlay® and Cognos Query, which has equipped team members with powerful reporting and analysis capabilities that presents corporate and internal data in an easily interpreted, useful format.

"The strength of the Cognos reporting and analysis tools have enabled business users across the company to see and use data in new ways," said Steve Bowman, executive vice president, chief credit officer, AmeriCredit Corp. "We needed a powerful reporting tool that was flexible and user-friendly which would allow us quick access to data. The Cognos tools are incredibly easy to use and team members at all levels and across departments are now working proactively with the information to achieve their objectives."

"Cognos wants to help companies raise the bar of excellence by delivering value-added insight into their businesses," said Dave Laverty, senior vice president, global marketing, Cognos. "AmeriCredit is an excellent example of the many companies that have seized the competitive advantage offered by Cognos' powerful reporting and analysis solution and used Cognos to improve information flow and better manage corporate performance."

About AmeriCredit:
AmeriCredit Corp. (NYSE:ACF - news) is the largest independent middle-market auto finance company in North America. Using its branch network and strategic alliances with auto groups and banks, the company makes auto loans to consumers who are typically unable to obtain financing from traditional sources. AmeriCredit has one million active loan customers throughout the United States and Canada and more than $12 billion in managed auto receivables. The company was founded in 1992 and is headquartered in Fort Worth, Texas. For more information, visit www.americredit.com.