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Date Posted: 6/1/2005

VF Europe Expands its Geac Product Lifecycle Management Solution

 
 
International clothing brand manufacturer adds Web-enabled collaboration capability; integrates with existing Geac Performance Management, System21 and RunTime solutions

MARKHAM, ON and SOUTHBOROUGH, MA, May 31 /CNW/ - VF Europe, the European division of apparel giant VF Corporation, has expanded its relationship with Geac(R) (TSX: GAC, NASDAQ: GEAC) by investing in Geac software that will help VF Europe collaborate even more closely with its partners for sourcing and manufacturing around the world. The Quest eCollaboration system from Geac's RunTime division, which provides software solutions for the apparel and footwear industry, is the latest in a series of RunTime software modules to be implemented at VF Europe. In conjunction with its Geac System21 enterprise resource planning (ERP) system and Geac MPC financial reporting system, VF Europe expects the new RunTime implementation to improve its ability to respond quickly to market demands and further enhance its quality of communication.

VF Corporation is a leader in branded apparel including jeanswear, outdoor products, intimate apparel, image apparel and sportswear. VF Europe brands include Lee, Wrangler, HIS, Earl Jean, Hero by Wrangler, Maverick, Old Axe, The North Face, Eastpak, Jansport, Kipling, Napapijri, Nautica and Vans.

VF Europe has a mission to constantly improve competitiveness, efficiency and speed to market through the use of information technology - especially product lifecycle management (PLM) - to help improve merchandising, store floor design and business-to-business transactions. To date, VF Europe has successfully implemented the entire integrated range of Geac RunTime products: DesignTime, Quest PLM, Quest Merchandiser, the SellIT B2B eCommerce solution and now also Quest eCollaboration. These solutions are tightly integrated with the Geac System21 ERP system, as well as Geac's MPC business performance management solution for financial reporting, which is used worldwide by VF. The entire solution enables VF Europe to improve workflow, streamline the product development lifecycle and share data more effectively across different departments within the company.

Lucien Smet, CIO of VF Europe, said: "We've been running Geac software throughout our rapidly growing organisation for many years. We have made significant investments in software over the years to improve our business and competitiveness. Geac has been a professional organisation, which has supported us in the roll-out and integration of our solutions, and it's clearly my feeling that we are working with a supplier who understands the apparel and footwear industry."

Geac RunTime's Quest eCollaboration is a fully Web-enabled portal for all PLM data, which will be connected to RunTime's Quest PLM solution. It will enable VF Europe's product developers to reduce critical lead times through improved collaboration with suppliers, manufacturers and production sites. Furthermore, it will improve the control of pre-calculations and optimise the quality control process. Partners around the world will have the ability to retrieve and update information, even late in the development process.

"It is a pleasure to innovate and grow with VF Europe," said Charles Jones, President and CEO of Geac. "Geac is committed to help them improve their business through tighter management of operations and communications. With a more collaborative use of information across the enterprise, through integrated technology systems, we can help VF Europe remain competitive and responsive to its customers and partners."

About Geac

Geac (TSX: GAC, NASDAQ: GEAC) is a global enterprise software company that provides best-in-class technology products and services to 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. Geac RunTime, which has hundreds of customers in the fashion and apparel industry, develops and sells software for the design and pre-production phases of the manufacturing process, product data management, customer relationship management and sales force automation. 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.

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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