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2013 Press Releases

Accounts Receivable Recovery and Collections Analytics

Free video course on how to improve collections with predictive analytics

Toronto, Canada — January 24, 2013 — Angoss Software Corporation (Angoss) (TSX-V: ANC) today released a new video course for credit managers and credit analysts responsible for accounts receivable collections and recovery. The free 4-part course explores collections strategies and demonstrates the use of predictive analytics techniques to increase accounts receivable recoveries and customer retention.

The free video course is of special interest to Vice President Collections, Vice President Credit Risk, Vice President Finance, Controllers, credit analysts, and collections and accounts receivable managers whether working in collections agencies, consumer credit or financial services organizations.

Participants in the course, Accounts Receivable Recovery and Collections Analytics, will gain understanding of the top of mind issues and approaches to optimize collections return on investment. You will receive a short video module at the start and end of the business week addressing these topics:

  • Collections Strategies – learn about collections strategies and how collections analytics can be applied to improve accounts receivable recovery and customer retention.
  • Data Preparation – how to transition data into a format that can be used for collections analytics, and how to understand the characteristics of your data.
  • Data Modeling – how to model your collections data using Angoss’ best-in-class Decision Trees.
  • Model Deployment – how to build and deploy collections strategies using Strategy Trees and Angoss’ predictive analytics software suite.

Accounts Receivable Recovery and Collections Analytics is a free 4-part video course hosted by Dr. Mamdouh Refaat, Vice President and Chief Data Scientist, Angoss Software Corporation. The course is offered in 2 streams with the first to start on Monday February 4, 2013 and the second to start on Monday February 25, 2013.

Registrants can enter into a draw to win a collections analytics consultation with Dr. Refaat following completion of the course.

About Angoss Software Corporation

Angoss is a global leader in delivering predictive analytics to businesses looking to improve performance across sales, marketing and risk. With a suite of desktop, client-server and big data analytics software products and Cloud solutions, Angoss delivers powerful approaches to turn information into actionable business decisions and competitive advantage. Angoss software products and solutions are user-friendly and agile, making predictive analytics accessible and easy to use. Many of the world’s leading financial services, insurance, retail, health care and information communication and technology organizations use Angoss predictive analytics software products and solutions to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, Angoss has offices in the United States and United Kingdom. For more information, visit www.angoss.com.

This press release includes forward-looking statements within the meaning of applicable securities laws. Forward looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements may involve, but are not limited to, comments relating to preliminary results, guidance, strategies, expectations, planned operations or future actions. Forward-looking statements are identified by the use of terms and phrases such as “preliminary”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and similar terms and phrases, including references to assumptions.

Forward-looking statements, by their nature, are based on assumptions, including those described herein and are subject to important risks and uncertainties. Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business. Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risks of conducting our operations in a variety of international locations; the risks relating to the costs that we may incur as a result of litigation against us; the risk of future capital needs and uncertainty of additional financing; the risk of the need for the Company to manage its planned growth and expansion; the risk of the effects of product development and need for continued technology change; the risk of protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the risk of the ability of the Company to maintain properly working systems; the risk of reliance on key personnel; the risk of volatile securities markets impacting security pricing unrelated to operating performance; as well as the factors identified throughout this news release and those identified in section entitled “Risks and Uncertainties” of the Company’s MD&A filed on www.sedar.com. The forward-looking statements contained in this news release represent the Company’s expectations as of the date of this news release (or as of the date they are otherwise stated to be made), and are subject to change after such date. However, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Note: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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