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Date Posted: 5/4/2005

Geac MPC Scores Highest in Ventana Research's 2005 Performance Management Vendor and Product Scorecard

 
 
Geac leads more than 30 companies and 70 products in Ventana Research's independent assessment

MARKHAM, ON and SOUTHBOROUGH, MA, May 4 /CNW/ - Geac(R) (TSX: GAC, NASDAQ: GEAC) and its Geac MPC software suite received the highest ratings among all competitive offerings in Ventana Research's newly published 2005 Performance Management Vendor and Product Scorecard. In an independent evaluation, Ventana Research, a leading performance management research and advisory services firm, rated Geac MPC first in all three categories it evaluated, among a field of more than 30 companies and 70 products. Geac MPC is an integrated performance management software suite, offering strategy, planning, budgeting, forecasting, consolidation and reporting.

"Our explicit purpose was to research the maturity of software vendors and products for the methodology and process of Performance Management," said Mark Smith, SVP of Research and CEO of Ventana Research. "This research, which is completely unbiased and objective, is the first industry report assessing software designed specifically for enabling Performance Management. We advise that organizations use it to increase their understanding of how different software and solutions rank in meeting their business and IT requirements for Performance Management."

Geac was the "overall" winner in the Ventana Research Scorecard with a score of 94%; the second-place finisher scored 86%. Geac also recorded the high score in each of Ventana Research's three other Scorecard evaluation categories:


- Align (94.3%) - ensuring that the recommended actions and plans are in
the direct path for reaching the goals, objectives and initiatives set
out by executives and management;

- Optimize (87.6%) - planning for future actions and decisions to define
the goals, objectives and initiatives as set out in the "Align" step;
and

- Understand (96.4%) - reviewing the historical performance of people
and processes.


Ventana Research evaluated Geac MPC Corporate Performance Management Suite release 6.5 for its Scorecard research.
"This objective industry research demonstrates what Geac and our customers have long believed - that Geac MPC is an extremely well designed, highly functional, versatile and valuable performance management solution," Jeff Murphy, senior vice president, Geac Performance Management, said. "We are extremely proud to have ranked first in such an extensive evaluation of companies and products serving the performance management market."

Geac will showcase Geac MPC at its upcoming ALLIANCE2005 conference, being held at the Walt Disney World Swan and Dolphin Hotels in Orlando, Florida, May 8-11. Registration for ALLIANCE2005 is available online at http://alliance.geac.com/.

For an executive summary of the Ventana Research Scorecard, visit www.ventanaresearch.com/2005scorecard.

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 Contact: David Domeshek, Geac, (508) 871-5064, david.domeshek@geac.com
Investor Contact: Laura Hindermann, Geac, (508) 871-5045, laura.hindermann@geac.com



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Source: Geac Computer Corporation Limited
 
 


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