Interealty Launches MLXchange 2.0

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MARKHAM, ON and VIENNA, VA, May 5 /CNW/ - Interealty, a division of Geac(R) (TSX: GAC, NASDAQ: GEAC), today launched version 2.0 of MLXchange, the latest release of its popular, Web-based Multiple Listing Service (MLS) system. The new software will be demonstrated at the National Association of REALTORS(R) 2005 Midyear Legislative Meetings and Trade Expo in Washington, D.C., May 11-13, 2005.

More than 14,000 hours in development, MLXchange 2.0 is the seventh and largest upgrade to Interealty's Web-based MLS system since it was originally launched in 2001. This latest version incorporates a host of new and enhanced features-including a new Comparative Market Analysis module, an online report editor, and improvements to the prospecting and listing maintenance functions- making it even easier for agents to differentiate their services while managing their listings and clients more efficiently.

Significantly, all of the enhancements in MLXchange 2.0 were selected and approved by Interealty's customers through a series of user group meetings and conference calls.

"The MLXchange advisory board has worked closely with Interealty to make sure version 2.0 includes the features that will provide the greatest benefit to the greatest number of users," said Joel Cohen, Vice President of the Mid- Florida Regional MLS and Chairman of the MLXchange User Group. "Interealty continues to demonstrate an exceptional commitment to its customers by involving us in the MLXchange design process. I feel more like a shareholder or business partner than a client."

Established shortly after the program's debut, the MLXchange User Group meets twice a year in various locations across North America. A record number of customers have registered to attend this year's User Group Summit in Savannah, Georgia, which will focus on plans for MLXchange 2.1 and beyond.

"With MLXchange 2.0, we have built a system that puts a tremendous amount of power in the hands of our customers," said Rich Paulson, Director of Product Management for Interealty. "Customers have the freedom to change the way the program looks and works, to partner with other vendors, and to use their valuable data any way they want. More importantly, features like the new Comparative Market Analysis module and online report editor make it easier than ever for Realtors to customize their services and truly stand out from the crowd."

About Interealty

Interealty, a division of Geac, is a premier provider of Multiple Listing Service (MLS) systems and real estate software in North America. Interealty offers a full line of technology products and support services to the real estate industry, including MLS organizations, franchisors, and agents. For more than three decades, Interealty has provided North America's leading real estate boards and associations with innovative products like its MLS system, MLXchange. Headquartered in Vienna, Virginia, Interealty has offices throughout North America. Further information is available at http://www.interealty.com or through e-mail at info(at)interealty.com.

About Geac

Geac (TSX: GAC, NASDAQ: GEAC) is a global enterprise software company that addresses the needs of the Chief Financial Officer. Geac's best-in-class technology products and services help organizations do more with less in an increasingly competitive environment, amidst growing regulatory pressure, and in response to other business issues confronting the CFO. Further information is available at http://www.geac.com or through e-mail at info(at)geac.com.

This press release may contain forward-looking statements of Geac's intentions, beliefs, expectations and predictions for the future. These forward-looking statements often include use of the future tense with words such as "will," "may," "intends," "anticipates," "expects" and similar conditional or forward-looking words and phrases. These forward-looking statements are neither promises nor guarantees. They are only predictions that are subject to risks and uncertainties, and they may differ materially from actual future events or results. Geac undertakes no obligation to update or revise the information contained herein. Important factors that could cause a material difference between these forward-looking statements and actual events include, among other things: our ability to increase revenues from new license sales, cross-sell into our existing customer base and reduce customer attrition; whether we can identify and acquire synergistic businesses and, if so, whether we can successfully integrate them into our existing operations; whether we are able to deliver products and services within required time frames and budgets to meet increasingly competitive customer demands and performance guaranties; risks inherent in fluctuating international currency exchange rates in light of our global operations and the unpredictable effect of geopolitical world and local events; whether we are successful in our continued efforts to manage expenses effectively and maintain profitability; our ability to achieve revenue from products and services that are under development; the uncertain effect of the competitive environment in which we operate and resulting pricing pressures; and whether the anticipated effects and results of our new product offerings and successful product implementation will be realized. These and other potential risks and uncertainties that relate to Geac's business and operations are summarized in more detail from time to time in our filings with the United States Securities and Exchange Commission and with the Canadian Securities Administrators. Please refer to Geac's most recent quarterly reports available through the website maintained by the SEC at www.sec.gov and through the website maintained by the Canadian Securities Administrators and the Canadian Depository for Securities Limited at www.sedar.com for more information on risk factors that could cause actual results to differ. Geac is a registered trademark of Geac Computer Corporation Limited. All other marks are trademarks of their respective owners.

http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=41200

For further information

Media Contacts: Bryan Foreman, Interealty, (202) 281-4646, bryan.foreman@interealty.com
David Domeshek, Geac, (508) 871-5064, david.domeshek@geac.com

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Source: Geac Computer Corporation Limited

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