Cogency Software Announces New Addition to Board of Directors; Software and Venture Industry...

Business Editors/High-Tech Writers

SAN MATEO, Calif.--(BUSINESS WIRE)--Nov. 11, 2002

Cogency Software, Inc., the developer of Cogency Wisdom(TM), the industry's most powerful and unique platform for the development of enterprise-scale, real-time monitoring and management applications, today

A seasoned software and venture investment executive, Joe Backer most recently was CEO of NEON Systems, a NASDAQ-listed developer of enterprise-scale applications for IT infrastructure enhancement. Prior to his post at NEON, Backer was an active independent advisor for two years. He also served as senior vice president of BMC Software (Nasdaq:BMC). In addition, he brings a strong sales and marketing background, including leadership positions with XEROX, Cadence Design, IBM and General Electric.

"We are, of course, thrilled to add Joe's incredible talents and depth of experience to the Cogency board of directors," said Sameer Shalaby, president and chief executive officer. "We are extremely lucky to have a board that brings first-hand experience and proven track records of success as we seek to make Cogency the undisputed leader in the business activity monitoring marketplace."

Cogency Software also recently announced the appointment of two additions to their senior management team. Mohamed Donia joined in October as vice president of services. Also in October, Donald Jefferis assumed the role of vice president of business development.

Managing your business with Wisdom(TM)

Cogency Wisdom is the industry's most powerful and unique solution for enterprise-scale, real-time monitoring and management applications. Cogency Wisdom(TM) enables clients to monitor large volumes of business data throughout their enterprise. Clients can then aggregate and correlate data and act on it in real-time, thus increasing profitability by unleashing hidden business wisdom.

About Cogency Software

Cogency Software is a leading provider of enterprise-scale, real-time monitoring and management applications. Founded in 1997 and headquartered in San Mateo, CA, we have developed a powerful platform that revolutionizes the way organizations operate. With our Cogency Wisdom(TM) product line, you can create a single display of disparate business data that lets you manage and control events as they unfold. For more information, visit Cogency's Web site at www.cogencysoft.com.