Geac's Interealty Signs Contracts Valued at US$2 Million

New wins make MLXchange available to an additional 32,000 Realtors(R)

MARKHAM, ON and VIENNA, VA, April 13 /CNW/ - Interealty, a division of Geac(R) (TSX: GAC, NASDAQ: GEAC), today announced it has signed multi-year contracts with four U.S. real estate organizations. The contracts have a combined estimated value of at least US$2 million, and range in duration from 36 to 48 months. All four customers have committed to using MLXchange, Interealty's Web-based multiple listing service (MLS) automation technology.

The four organizations are the Regional Multiple Listing Service of Minnesota, Inc., the Regional Multiple Listing Service, Inc. (Florida), the Big Bear Association of Realtors, Inc. (California), and the Rim O' The World Association of Realtors (California). The Minnesota and Florida MLSs are new Interealty accounts, making MLXchange available to more than 32,000 additional real estate professionals. The two California Associations are current customers that have chosen to renew their relationships with Interealty.

"We're constantly striving to provide our members with the best technology tools available," said Bob Lowe, 2005 President of the Regional Multiple Listing Service headquartered in Palm Beach Gardens, Florida. "MLXchange offers a number of features not found in any other MLS, so it's an excellent complement to our existing systems. We were especially impressed by how hard the staff at Interealty worked to accommodate our aggressive timeline."

"Even more valuable to us than the quality and breadth of functionality in MLXchange is Interealty's commitment to a long-term partnership and sustainable product strategy," said John Mosey, President of the Regional Multiple Listing Service of Minnesota. "With Interealty as our business partner, we will be able to provide superior tools to Minnesota and Western Wisconsin real estate professionals for many years to come."

"We're winning a significant amount of new business and, at the same time, renewing our current accounts," said Interealty President Bryan Foreman. "We've been able to achieve success on both these fronts through equal and intense commitments to customer service and product innovation. Our focus on these two principles has translated into the kind of customer loyalty you don't normally see in this business."

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 leading 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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