SOUTH SAN FRANCISCO, Calif., June 27, 2006 -- Model N, the leader in Revenue Management solutions for the life sciences industry today announced the successful integration of Cognos' robust business intelligence functionality into the Model N Revenue Management suite, providing life sciences customers with seamless sophisticated reporting and analysis capabilities. Initially available in Model N's Revenue Management suite last fall, the integration and functionality was significantly enhanced with the recent release of Model N's next generation suite of commercial and regulatory applications.

"A rapidly growing number of life sciences companies are embracing Model N's Revenue Management vision and next generation suite of applications," said Bill Stevens, senior director of life sciences, Cognos. "By leveraging Cognos as its embedded business intelligence engine, Model N's integrated solution sets a new standard for Revenue Management decision support and combines visibility to critical data regarding pricing, contract performance, reimbursements and regulatory compliance with advanced business intelligence capabilities."

Model N Revenue Management customers are benefiting from this OEM partnership by leveraging Cognos -- a technology already used by 24 of the top 30 life sciences companies -- as the embedded business intelligence technology behind all standard Model N Revenue Management decision support and reporting capabilities across the entire suite. A highlight of the recent release, new ad-hoc reporting capabilities take full advantage of the underlying capabilities of Cognos to provide Model N customers simple, quick and flexible tools to analyze new information and create new reports without having to rely on IT support. Ad-hoc reporting is a critical feature for life sciences companies given the rapidly changing competitive and regulatory environment, and with this partnership Model N Revenue Management leads the industry in decision support functionality. In addition, Model N Revenue Management is also being seamlessly integrated with the Cognos corporate-wide business intelligence architectures common in many life sciences companies to share critical pricing, revenue and regulatory information with a broader business audience.

"The benefit of Revenue Management for a life sciences company is not only derived from the significant improvements in transaction processes for price negotiation and approval, contract management and settlements processing, but also from the enhanced decision support provided by an integrated end-to-end system for managing the revenue life cycle," said Stephen Zocchi, vice president of Marketing at Model N. "Bringing Cognos into the Model N Revenue Management suite sets the standard for embedded business intelligence functionality, and one that is already proven and endorsed by the majority of leading life sciences companies. This partnership has already been whole- heartedly embraced by our current customers and also by our prospective customers as a major advantage for Model N."

About Model N

Model N is the pioneer in Revenue Management solutions, offering an integrated suite of applications for pricing, contracts, compliance, rebates, fees and chargebacks optimized for the industry practices of life sciences companies. Enabling the creation of a seamless, end-to-end process from pricing through settlements payment, Model N's uniquely integrated approach eliminates revenue leakage and delivers the visibility and controls needed to avoid the risks of non-compliance to government pricing and Sarbanes-Oxley regulations. Model N customers include Actelion Biopharmaceuticals; Boston Scientific Corporation; Bristol-Myers Squibb; Gilead Sciences; Ortho-Clinical Diagnostics, a Johnson & Johnson company; Pfizer, Inc.; Medtronic, Inc.; and Novo Nordisk Inc.. Model N is located in South San Francisco, California. For additional information, visit http://www.modeln.com.

About Cognos

Cognos, the world leader in business intelligence and performance management solutions, provides world-class enterprise planning and BI software and services to help companies plan, understand and manage financial and operational performance.

Cognos brings together technology, analytical applications, best practices, and a broad network of partners to give customers a complete performance system. The Cognos performance system is an open and adaptive solution that leverages an organization's ERP, packaged applications, and database investments. It gives customers the ability to answer the questions -- How are we doing? Why are we on or off track? What should we do about it? -- and enables them to understand and monitor current performance while planning future business strategies.

Cognos serves more than 23,000 customers in more than 135 countries, and its top 100 enterprise customers consistently outperform market indexes. Cognos performance management solutions and services are also available from more than 3,000 worldwide partners and resellers. For more information, visit the Cognos Web site at http://www.cognos.com .

NOTE: Model N is a mark of Model N, Inc. All other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.