Angoss KnowledgeSEEKER® 5.0 Moves Data Profiling and Decision-Tree Analysis into the Mainstream

Toronto, June 20, 2005 - Angoss Software Corporation announced today the release of KnowledgeSEEKER version 5.0, a powerful data profiling and decision tree analysis tool, part of Angoss’ predictive analytics suite.

Combining a rich feature set, comprehensive tutorials, and cross-platform client-server configuration options, KnowledgeSEEKER 5.0 creates a new industry standard for ease of use, performance, support for all major data environments, and open Microsoft and Internet-based technologies.

“KnowledgeSEEKER 5.0 makes predictive analytics a truly enterprise-wide capability, by lowering the complexity, data access, performance and cost barriers associated with traditional statistical tools,” commented Angoss President, Eric Apps. “Anyone can now take advantage of the power of predictive analytics to create actionable insight from their data and improve business performance -- in marketing, sales, and risk.

"KnowlegeSEEKER 5.0 enables exploration and visualization of company data and allows you to build decision trees to determine such factors as impact on customer attrition or the risk of default payment on a credit card. Within a short time, a user can generate business code rules that will help them make better management decisions.”

KnowledgeSEEKER 5.0 incorporates significant enhancements in the areas of data preparation and visualization, predictive analytics, and strategy development and execution. Designed for deployment to users across sales, marketing, risk and finance departments, KnowledgeSEEKER 5.0 provides a feature rich .Net client interface, and can be deployed on Windows and popular Unix server platforms.

Angoss KnowledgeSEEKER Users

With satisfied users across many major industries, Angoss and KnowledgeSEEKER deliver the business value benefits of advanced analytics in the following areas:

  • Telecom: Marketing (churn, loyalty, acquisition and bundling strategies), customer segmentation, credit and collections

  • Retail: Loyalty program strategies, marketing campaign optimization, credit and collections

  • Retail Banking: credit and collections strategies, fraud detection, marketing segmentation, regulatory compliance

  • Insurance: Claims and payments strategies and analysis, customer targeting, siu resource allocation, fraud detection

  • Life Science: Physician and patient targeting, Clinical pipeline strategies (research or trials analysis)

In today’s market, small to large enterprises need to be able to leverage their data to compete in the marketplace and try to gain an advantage over their competitors. Enterprises differ in their organizational makeup from personnel, technology infrastructure and budget resources and with KnowledgeSEEKER 5.0 can add to their suite of data mining technologies, or start the process of developing a data mining and analytics focused organization. Companies that have progressed down the path of incorporating data mining and analytics into their business strategies have quickly realized significant ROI on their purchases and significantly increased revenues and decreased cost and risk.

About Angoss

Angoss Software empowers people to make “Better Business Decisions. Every Day.”™ For more information, visit