Geac SmartStream 7.0 ERP Suite Goes Live at EPSRC

New release offers enhanced decision making and integrated performance management capabilities

STUDLEY, UK, Oct. 18 /CNW/ - Geac(R) (TSX:GAC, NASDAQ:GEAC) today announced that Engineering and Physical Sciences Research Council (EPSRC) in the UK has gone live with SmartStream 7.0, the latest release of Geac's popular, client/server-based Enterprise Resource Planning (ERP) solution.

The new release of SmartStream features significant enhancements that enable customers to effectively manage financial and operational information for more informed business decision-making. Specifically, SmartStream 7.0 delivers improved financial, procurement, human resources, project management, real-time funds checking, and analysis processes. In addition, Geac's new Fast-Track package provides fast and accurate integration between SmartStream 7.0 and Geac MPC performance management software.

Chris Moulsley, Head of Proprietary Systems & SharePoint within the IS department of the EPSRC said: "EPSRC upgraded to SmartStream 7.0 on 2 September 2005. The upgrade was one of the smoothest that we have encountered. EPSRC's policy was to move all its server platform software to Windows 2003. SmartStream 7.0 enabled this transition, not only to the latest Windows server platform but also the introduction of Powerbuilder 9.0 which will allow greater flexibility in coding and future enhancements. It was not only the technological improvements that have benefited EPSRC. The user interface had been enhanced to allow users greater flexibility. The introduction of colour schemes, being able to expand the amount of data seen on the activities and the ability to change the fields within the File/Open screens was particularly liked by our users.

"EPSRC also upgraded Geac's Active Access(TM) suite of products to the NET platform which integrates with the new version of SmartStream and Windows 2003 server. Overall a smooth upgrade that moves us onto a platform for the future. EPSRC looks forward to future functionality enhancements."

Geac SmartStream extends business processes for suppliers, partners, and customers, whilst broadening decision-making authority. SmartStream applications comprise a complete set of solutions for managing an organisation's back office, including general ledger, budget administration, receivables and payables, billing, asset management, procurement, and human resources.

"At Geac, we are committed to delivering solutions that maximise the value and extend the capabilities of customers' applications," said Tim Wright, Chief Executive, EMEA & Asia-Pacific and Chief Technology Officer for Geac, "We have continued to invest in our back office products, such as SmartStream, to increase user productivity and business effectiveness for our customers. With additional features in SmartStream 7.0 and integration with Geac Performance Management, companies will enjoy greater ease of use, more automated document preparation and report retrieval, and a more unified view of information for increased management flexibility."

Geac developed technical upgrades and application enhancements based on customer feedback, including requested features such as two-way matching for accounts payable, automatic close of year end for general ledger, user- friendly interfaces, license management enhancements and other ledger entry functions.

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 organisations 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
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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.

For further information

Media Contacts: Crawford Warnock, Citigate Dewe Rogerson, +44 (0)1604 232223, crawford.warnock@citigatedr.co.uk
Richard Moore, Geac, +44 (0) 1527 496189, richard.moore@geac.com

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Source: Geac Computer Corporation Limited

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