Geac Delivers Advanced Reporting Capabilities to Business Executives

New software module integrates Microsoft SQL Server 2000 Reporting Services with Geac MPC performance management Suite
MARKHAM, ON and SOUTHBOROUGH, MA, April 4 /CNW/ - Geac(R) (TSX:GAC, NASDAQ:GEAC) today launched a new production reporting module that integrates Microsoft SQL Server 2000 Reporting Services into the Geac MPC performance management application suite. As a result, Geac customers that use Microsoft SQL Server will have increasingly powerful business intelligence and reporting capabilities to refine their business insight.

The new offering broadens the range of reporting options available to Geac MPC customers. The module was developed in part in response to findings of independent research conducted with Geac customers worldwide and with senior finance executives outside Geac's customer base, who identified reporting -- in addition to Geac's best-in-class budgeting, forecasting and strategy management suite -- as a critical area of focus. Geac's new Production Reporting with Reporting Services module is based on Microsoft SQL Server 2000 Reporting Services. The module produces auto-generated reports which are customizable for multiple end user communities, such as analysts, auditors, board committees and executive management.

"SQL Server 2000 Reporting Services and Geac MPC work together to provide customers with new insight into business data," said Bill Baker, General Manager for SQL Server Business Intelligence at Microsoft Corporation. "This innovative, combined solution saves time, resources and costs -- providing our mutual customers with a reliable, cost-effective business intelligence foundation."

Reporting Services is an open and extensible platform supporting the authoring, management and delivery of rich, interactive reports to enterprise users. Presented in the Microsoft Windows environment, the Reporting Services platform delivers real-time business intelligence to support daily operations and decisions. The integration with Geac MPC provides Reporting Services with direct, intuitive connectivity to budgeting, planning, consolidation, and forecasting data within the Geac performance management suite.

"As a current customer of Geac and Microsoft, we believe this is a great move for these two companies. We want to leverage the new functionality that Microsoft has added to its SQL Server family," said Steven Greenberger, Systems Specialist, Consolidated Edison of New York. "At Con Edison, we didn't want to have to venture outside of the Geac and Microsoft product suite for reporting capabilities. We are glad to see that customer needs and requests are strongly influencing new enhancements to our Performance Management investment. We are very excited about having the option of using Reporting Services to produce reports for our various audiences."

"Production Reporting with Reporting Services is another example of how our close relationship with Microsoft is bearing fruit and providing incremental value to our customers," said Timothy J. Wright, Chief Technology Officer and Chief Executive of EMEA and Asia Pacific. "By extending our customers' existing system functionality with enhanced reporting capabilities within MPC Production Reporting, these customers can now benefit from industry leading technology at a fraction of the cost and implementation time. MPC Production Reporting represents an additional capability available within the fully integrated Geac MPC performance management suite, whose architecture alone is a compelling differentiator from other vendors' solutions. As part of our research and development strategy, we will continue to identify and offer innovative product extensions that are high-value and high-return in nature, providing our customers with competitive advantage."

The new Production Reporting with Reporting Services is available from Geac's direct sales force and authorized Geac MPC distributors. Reporting Services is currently available to licensed SQL Server 2000 customers.

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.

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

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Source: Geac Computer Corporation Limited

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