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Date Posted: 7/27/2005

Geac Wins US$1.6 Million Contract for Integrated Design-to-Retail Solution

 
 
UK-based action sports brand Animal invests with Geac to support its growing retail operations

MARKHAM, ON and SOUTHBOROUGH, MA, June 23 /CNW/ - Geac(R) (TSX: GAC, NASDAQ: GEAC) today announced it has won a US$1.6 million contract from Animal, one of the UK's fastest growing action sports brands, for an integrated, design-to-retail software solution. The system - which incorporates a range of integrated Geac products to cover Animal's entire business process, from design to cash collection at point-of-sale - was one of three contracts in excess of $1 million Geac closed in the fourth quarter of fiscal year 2005 (please see Geac's fourth quarter and year-end results announced June 22, 2005).

"Geac has made a concerted effort to integrate our various product lines, be they the result of internal product development, strategic partnerships or acquisitions. This sale demonstrates the compelling synergies that exist across Geac product families, and illustrates the value we can deliver to customers who seek an integrated solution," Charles S. Jones, Geac's President and Chief Executive Officer, said. "Currently, more than 400 of the world's leading apparel companies use Geac software to manage their operations. Animal joins our already impressive list of global apparel customers, including other well-known brands such as Rip Curl, Tommy Hilfiger, Barbour and VF Europe."

Animal's solution will support its growing retail business and more effectively manage its increasingly complex supply chain. It includes Geac System21 Aurora enterprise resource planning (ERP) software; Quest PLM (product lifecycle management) software for collaborative design and development; SellIT Customer Relationship Management (CRM); and Performance Analyser for operational performance management. Quest PLM and SellIT come from RunTime, Geac's specialist division serving the apparel and footwear industry. Third-party products will also be provided as part of the integrated solution, including the WinTill retail suite and Indigo Software's fully interactive warehousing software. The implementation commenced in May and is expected to be completed in January 2006.

Animal started operations in 1987 with the production of sports watches for surfers. Now the Animal range incorporates clothing, watches, eyewear, footwear, luggage and accessories, and is currently sold through Animal's own branded stores and other retail outlets such as Free Spirit. Animal's decision to buy the Geac solution was inspired by its aggressive growth program, which is expected to see an increase from five to 15 Animal-owned and branded stores by the end of 2006.

Richard Tape, General Manager for Animal, said, "Although we evaluated a range of ERP and retail software specialists, Geac was the only supplier able to provide us with a complete 'end-to-end' solution that is tightly integrated. The product design and development software is expected to substantially reduce our product 'time to market.' We'll use this PLM software to manage product concept, design, production, distribution and logistics worldwide."

Another major reason Animal chose the Geac solution was the tight integration between the back office operational systems and WinTill's specialist retail suite for cash management at point-of-sale.

About Geac

Geac (TSX: GAC, NASDAQ: GEAC) is a global enterprise software company that provides best-in-class technology products and services to 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. 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. Corporate 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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