New AMSI Software Extends Portfolio Management Capabilities for Multifamily Property Owners and Managers

eFinancials is the newest addition to the AMSI Web-based property management information system

LAS VEGAS, NV and MARKHAM, ON, June 24 /CNW/ - Rounding out the AMSI Web-based property management suite, Geac(R) (TSX:GAC, NASDAQ:GEAC) today launched a new software product, eFinancials, that extends the capabilities of multifamily property owners and managers. eFinancials is a powerful, easy-to-use accounting and reporting solution that integrates with AMSI's operations management software to create a complete software solution. The new AMSI product was launched today at the National Apartment Association 2004 Education Conference & Expo.

"As business owners and managers, our customers require solutions that enable them to have continuous access to current and complete operations and accounting data to operate efficiently and optimize business returns," said James McDevitt, Vice President and General Manager for Geac Industry Specific Applications. "With the addition of eFinancials to its other AMSI offerings, Geac is now providing its customers with a comprehensive suite of Web-based software to address the complex needs of the property management industry."

eFinancials is a Web-based property management accounting solution designed to provide property owners and managers the foundation to organize and manage their accounting practices. It stores all business-critical data in a centralized database that allows users to retrieve up-to-date data in real-time via the Web. eFinancials is integrated with AMSI's operations management solutions, providing seamless reporting and auditing functionality and controls.

The addition of eFinancials coupled with enhanced data visibility throughout the AMSI software suite provides owners and managers the ability to view operational and financial data across an entire portfolio. They can harness large amounts of information in order to extract the specific data needed to manage real estate assets for success. Customers can define personal views of that data and take advantage of powerful charting capabilities to make information useful and accessible across the organization.

eFinancials Features

eFinancials is a Web-based property management accounting solution with flexible reporting capability and auditing functionality and control. Among its key features, eFinancials:

- Supports simultaneous cash and accrual-based accounting, partnerships
and unique business relationships, different accounting periods for
multiple entities, and user calendars that provide reminders for
time-critical tasks;
- Makes reporting easy - comes complete with reports designed for
property management and the ability to easily customize them to
address specific needs;
- Provides drill downs - includes the ability to easily move from
summary data to detail data all the way to the transaction level; and
- Makes the most of integration - supports a global vendor file that is
shared across multiple entities with a restricted access feature and
a departmental accounts and reporting function.

eFinancials joins eSite, ePO, eConcierge and eService as part of Geac's complete AMSI Web-based property management suite. eFinancials is currently scheduled to be available on July 31, 2004 through Geac and its certified property management resellers. For more information on Geac's latest property management solutions, please visit booth No. 119 at the NAA Conference & Expo, call 800-851-1115 or visit Geac's website at www.geac.com.
For members of the media wishing to schedule a briefing with a Geac executive, please contact Dan Martin at 617-262-1800 x-223 or email dan(at)millergrp.com.

About Geac

Geac (TSX: GAC, NASDAQ:GEAC) is a global enterprise software company for Business Performance Management, providing customers worldwide with the core financial and operational solutions and services to improve their business performance in real time. Geac's Commercial Systems division specializes in software for construction, property management, payroll and human resources. 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 based on current expectations. Important factors that could cause a material difference between these forward-looking statements and actual events include those set forth under the heading "Risk Factors" in Geac's annual report on Form 20-F, No. 333-103019, for the fiscal year ended April 30, 2003, filed on October 31, 2003 with the United States Securities and Exchange Commission available through the website maintained by the SEC at www.sec.gov, and filed on November 3, 2003 with the Canadian Securities Administrators and available through the website maintained by the Canadian Securities Administrators and the Canadian Depository for Securities Limited at www.sedar.com. 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: Angie McLachlan, Geac Commercial Systems, (813) 874-3344 x230, angie.mclachlan@geac.com
David Domeshek, Geac, (508) 871-5064, david.domeshek@geac.com
Dan Martin, Miller Consulting Group, (617) 262-1800, dan@millergrp.com
Investor Contact: Melody Firth, Geac, (905) 940-3709, melody.firth@geac.com

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Source: Geac Computer Corporation Limited

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