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Systor and Cognos have signed a partnership

Zurich, July 15, 2002 - Objective of the partnership is an agreement for the joint development of analytical applications and the exploitation of potential synergies in sales of business intelligence solutions.

Under the partnership agreement, Systor will develop business intelligence solutions for specific customer projects using Cognos technology. "This new
partnership will enable Systor to close one of the last remaining gaps in its
technology and sales network," says Klaus Schwinn, Manager of Business Intelligence and Data Warehousing at Systor, summarizing the
advantages of the Cognos partnership for Systor.

Not only will Systor's Business Intelligence and Data Warehousing staff become certified Cognos BI solution consultants, but Systor will also use Cognos technology for data mining and analytical CRM.