10 September 2007
Almasa Holdings' Performance Systems named Cognos Platinum Consulting Partner and Cognos Authorised Training Centre

Dubai, United Arab Emirates: Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and performance management solutions, has announced a major regional partnership with Performance Systems, a member company of Almasa Holdings, which includes high-tech property development firm Omniyat.

The business arrangement, signed at GITEX Technology Week, makes Performance Systems the Cognos Preferred Services Partner for MENA (Middle East and North Afica) for its impeccable record in consulting and implementing critical and high-value Cognos solutions in the region.

Under the new contract, Performance Systems also joins the exclusive Cognos Platinum Consulting Partners club, a status enjoyed by only five other organisations in the world. In addition, Performance Systems is now the Authorised Training Partner with a full fledged training centre and an implementer of choice for this part of the world.

"This is yet again a clear indication of Cognos' commitment to investing in the region," said Derek Morrison, regional general manager, Cognos Middle East. "We are delighted to continue working in sync with Performance Systems, an experienced and well-respected partner with a proven track-record and a thoroughbred team," he added.

Guy Rickett, Managing Director, Performance Systems, said, "For us, the bottom line is to enable our customers achieve their goals and targets while offering the best possible services."

The new deal following seven years of business experience is not an overnight marriage of convenience. The mutual ability to attract big name customers and deliver results makes this a winning deal. A major oil concern that recently combined Cognos solutions with Performance Systems' skilful implementation has already seen over one month's worth of man hours freed up to be redeployed elsewhere in the company.

"The demand for BI and, more recently, Corporate Performance Management is sharpening our capacity to ensure businesses turn data into valuable information that can further our clients' organisational goals," said Rickett.

Both parties see continued growth potential and are gearing up to meet the increase in demand for BI and CPM solutions in the region.

For Morrison, the latest edition of GITEX is an opportunity to reflect on progress since his arrival in the region.

Since GITEX 2006, Morrison has overseen a five-fold increase in staff, bringing aboard new talent and skill sets from a wide range of business backgrounds. Cognos welcomes the partnership with Performance Systems as a means to service the needs of clients and client staff alike.

-Ends-

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/ae/index.html.

About Performance Systems:
Performance Systems is the Cognos Preferred Services Partner for the Middle East and North Africa (MENA) region. It is one of only six Cognos Platinum Consulting Partners in the world and is the Authorised Training Centre for Cognos users in the region.

Performance Systems is a leading provider of Corporate Performance Management and Business Intelligence solutions in MENA and delivers quality products and services that organisations need to realise their expected Return on Investment (ROI).

The world-class team at Performance Systems combines an unwavering commitment to the client with a valuable mix of industry and technology expertise. Regardless of individual areas of focus, one thing is clear: Performance Systems speaks Corporate Performance Management.

Performance Systems is part of the dynamic Almasa Business Solutions, the software division of Almasa Holdings. Almasa Business Solutions identifies and develops specialised solutions companies that provide competitive advantage to regional and international corporate customers. This is a key area of focus for the future of Almasa Holdings.

For more information visit www.performancesystems.ae

© Press Release 2007