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AAA Life Insurance Company Selects Cognos to Drive Enterprise-Wide Planning, Forecasting
and Performance Analysis

– Cognos Planning to deliver greater visibility into data
and enable 'what if' analysis –

Burlington, MA, May 9, 2005 - Cognos (Nasdaq: COGN; TSX: CSN), the world leader in business intelligence and corporate performance management (CPM), announced today that AAA Life Insurance Company has selected Cognos for its enterprise planning requirements.

AAA Life is owned by several of the largest entities in the American Automobile Association (AAA) organization and is one of the largest providers of life insurance in the United States. Consisting of five life insurance companies comprising the AAA Life Alliance, AAA Life Insurance Company currently provides insurance coverage to over 800,000 AAA members and non-members across the nation.

AAA Life chose Cognos Planning as part of a company-wide initiative to reduce the time and effort it traditionally takes to complete annual expense budgets and quarterly forecasts. Using Cognos, executives and area managers will be able to easily access integrated data and create up-to-date performance reports that are measured against forecasts. This will pave the way for effective ‘what if’ analysis, enabling management to model multiple scenarios, compare results based on key business drivers, and improve decision-making.

“We needed a financial solution that would give our executives and management transparent visibility into financial and performance data within a collaborative environment, where information could be easily shared and decisions could be made quickly and with greater confidence,” said Jay DuBose, chief financial officer, AAA Life Insurance Company. “Cognos Planning gives us the ability to analyze performance trends across each area and develop accurate forecasts and projections, helping us to maintain our leadership role in providing competitive private term insurance products to the market.”

Bringing together planning, budgeting and forecasting, Cognos Planning provides customers with an integrated view of their business so they can proactively address business challenges for greater operational and financial effectiveness. Enterprise planning is a core element of Cognos' corporate performance management solution. It is designed to support timely, complete capture of business drivers that have an impact on future performance; enable broad-based collaboration in the planning process across organizations; and allow customers to respond to changing conditions quickly and with confidence.

“Cognos is dedicated to helping insurance companies manage their business performance using modern software solutions that combine the strength of drill-down trends analysis with the agility of real-time planning and decision-making,” said Dave Laverty, senior vice president, global marketing, Cognos. “AAA Life has invested their trust in Cognos to help them streamline their enterprise administration, and we look forward to working closely with them to drive more efficient program and service delivery.”

Cognos is a recognized leader in delivering business intelligence and corporate performance management solutions for the insurance industry. In fact, 4 of the top 5 global insurance companies have selected Cognos to underpin their performance management requirements. In addition to AAA Life Insurance Company, other insurance customers include PMI Mortgage Insurance, Canadian Imperial Bank of Commerce (CIBC) – Insurance division, and Prudential UK. For more information about Cognos solutions for the insurance industry, please visit http://www.cognos.com/solutions/industry/insurance/index.html.

About AAA Life Insurance Company:
Headquartered in Livonia, Michigan, AAA Life Insurance Company is owned by several of the largest entities in the American Automobile Association (AAA) organization and serves as the primary life insurance company and marketing headquarters. There are a total of five life insurance companies that comprise the Life Alliance; together the five affiliated life companies have over $36.7 billion of life insurance in force as of December 31, 2004. With over 800,000 people insured, AAA Life’s assets are more than $1.1 billion with capital and surplus of more than $100 million. For more information, visit the AAA Life Web site at http://www.aaalife.com.

About Cognos:
Cognos, the world leader in business intelligence and corporate performance management, delivers software and services that help companies drive, monitor and understand corporate performance.

Cognos delivers the next level of competitive advantage - Corporate Performance Management (CPM) - achieved through the strategic application of BI on an enterprise scale. Our integrated CPM solution helps customers drive performance through planning; monitor performance through scorecarding; and understand performance through business intelligence.

Cognos serves more than 23,000 customers in over 135 countries. Cognos enterprise business intelligence and 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.


Cognos and the Cognos logo are trademarks or registered trademarks of Cognos Incorporated in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.

Note to Editors:
Copies of previous Cognos press releases and Corporate and product information are available on Cognos' Web site at http://www.cognos.com, and at PR Newswire's site at http://www.prnewswire.com.

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