Pseudooctahedral mononuclear cobat(II) complex [Co(abt)(2)(tcm)(2)] (1), where abpt = 4-amino3,5-bis(2-pyridyl)-1,2,4-triazole and tcm = tricyanomethanide anion, shows field-induced slow relaxation of magnetization with U = 86.2 K and large axial and rhombic single-ion zero-field-splitting parameters, D = +48(2) cm(-1) and E/D = 0.27(2) (D = +53.7 cm(-1) and E/D = 0.29 from ab initio CASSCF/NEVPT2 calculations), thus presenting a new example of a field-induced single-ion magnet with transversal magnetic anisotropy.