CODA AND COGNOS JOIN FORCES TO DELIVER POWERFUL BUSINESS INTELLIGENCE

-- COMMITMENT TO JOINT DEVELOPMENT IS FIRST TO RECOGNIZE DIVERSE
INFORMATION AND REPORTING NEEDS IN ORGANIZATIONS --

BURLINGTON, MA, JANUARY 16, 1996 -- CODA and Cognos today announced a
global joint development program aimed at providing the most powerful
financial and management information system on the market today. CODA's
award-winning international accounting system, CODA-Financials, will
benefit from a suite of powerful business intelligence tools developed
from Cognos' market-leading technology. These comprise "CODA-Explorer",
CODA's new Executive Information System (EIS) and financial reporting
system; "CODA-Reporter", for transaction listing reporting, and
"CODA-Browser", for powerful on-screen inquiry.

"The new products, based on Cognos' PowerPlay" and Impromptu" applications,
will combine with CODA's unified, real-time accounting design to provide
users with financial and management information faster, more efficiently
and more comprehensively than any other system on the market today," said
CODA Incorporated President Stephen Wright.

CODA-Browser is currently available, while CODA-Explorer and CODA-
Reporter, running on PCs under both Windows 3x and Window 95, will be
available with the introduction of CODA-Financials release 4 in March
1996, with further enhancements in version 5 later in 1996.

"This strategy, combining a comprehensive accounting engine with a top
Executive Information System (EIS), is right on target for both CODA and
Cognos," Barry Wilderman, Vice President for the META Group. "Both
companies have an excellent grasp on the levels an usage of financial
information that organizations need."

"Our studies indicate that the number one reason companies purchase
client/server financial software is to improve management reporting. In
fact, IDC estimates that 85 percent of EIS data is financial," said Clare
Gillan, Director, Applications and Information Access Research at
International Data Corp. "This partnership helps extend the reporting
capabilities of CODA and gives Cognos an important linkage to the
financial data that is so central to EIS analysis."

In line with Cognos' tools and supporting CODA's Best-of-Class philosophy,
the products will support multiple relational and OLAP sources, enabling
full enterprise reporting across applications. CODA selected Cognos'
business intelligence tools following a 12-month competitive evaluation of
all leading Executive Information Systems. The two companies will
undertake the integration work jointly.

Alan Rottenberg, Cognos' Senior Vice President, Business Intelligence,
said, "This agreement demonstrates our ability to add significant value to
such Best-of -Class products as CODA-Financials. Leading companies such as
CODA do not make such strategic decisions lightly, and we welcome their
addition to the ever-growing family of quality applications developers who
are working with Cognos.

"Powerplay and Impromptu boast over 135 man-years of development and are
clear market leaders. They have continually proven themselves to be the
product portfolio of choice for Business Intelligence across the board. As
the CODA/Cognos agreement acknowledges, such products add value at the
individual and company-wide level. We look forward to maximizing the
benefits for CODA and its clients."

Rottenberg continued, "Business intelligence, as a concept, delivers on the
promise of data warehousing, providing fast access to corporate data.
Business intelligence tools like Impromptu and PowerPlay enable line
managers to utilize and take advantage of data warehouses, extracting
knowledge from the corporate data. The combination of CODA tools with
PowerPlay and Impromptu allows CODA's customers to integrate their core
applications within a data warehousing architecture."

CODA

CODA-Financials sets the "Best of Class" standard for client/server
financial software. CODA's unified database and business-event design free
financial executives from the restraints found in traditional accounting
systems. CODA users enjoy streamlined financial processes, real time
information and unparalleled reporting flexibility. CODA- Financials
offers comprehensive multinational capabilities, an integral Executive
Information System (EIS) and robust integration technology for the most
sophisticated environments. CODA-Financials includes General Ledger,
Accounts Receivable, Accounts Payable, Project Accounting, Budgeting,
Fixed Asset and Purchasing functions in the unified financial database.

More than 1200 companies in 43 countries worldwide trust their financial
implementations and accounting software to CODA. CODA-Financials recently
was awarded the 1995 Business and Accounting Software Developers
Association (BASDA) Award as supplier on the world's best corporate
financial systems. CODA plc is listed on the London Stock Exchange.

COGNOS

Cognos (NASDAQ: COGNF; TSE: CSN) is the global leader in providing business
intelligence software to satisfy enterprise-wide data access and analysis
needs. With over 200,000 seats in thousands of companies worldwide,
PowerPlay and Impromptu consistently service the widest range of users
across corporate, departmental, workgroup, personal and mobile
applications. The products support over 100 relational and OLAP data
sources and are available in seven major languages. Cognos business
intelligence products are sold through the company's 40 sales offices and
over 350 resellers around the globe.

Cognos develops, markets and supports -- both directly and through
resellers worldwide -- advanced client/server tools for data access, data
analysis and application development on a wide range of open and
proprietary computing platforms. Cognos is a publicly held company with
dual headquarters in Ottawa, Canada and Burlington, MA. Cognos' World Wide
Web address is http://www.cognos.com.
 
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