Geac Computer Corporation Limited.

Manufacturers Call for Less Compliance Bureaucracy to Boost Prosperity

    Studley, England (ots/PRNewswire) -

    - Cut red tape and interest rates says UK manufacturing and distribution  community

    Red tape from regulatory compliance is still inhibiting manufacturing  development according to research released today. The research conducted in  November by enterprise software provider Geac shows that over half (55%) of  UK mid market manufacturers and distributors would place "less red tape in  the form of compliance" at the top of their wish list for a more prosperous manufacturing/distribution environment.

    Recent UK GDP figures show a fragile 0.4% increase for manufacturing  and 0.2% increase for distribution(1). Therefore it is not surprising that  survey respondents are calling for less bureaucracy to free up vital  resources and improve UK competitiveness. However increasing amounts of red  tape are forecast, according to IT analyst house IDC, which believes  spending on compliance will grow at a compound rate of 22% per annum(2).

    Macro-economic measures such as lower interest rates were also popular  with almost a quarter of respondents (23%) placing it at the top of their  wish list. Tax breaks were top of the list of a further 11%. However only 6 % thought a dedicated Minister for Manufacturing would be worthwhile enough  to place at the top of their list.

    Richard Smith, VP of operations for Geac System21, said: "Modern manufacturing and distribution organisations face challenges that range  from overseas competition to domestic skills shortages. However, these seem  to be dwarfed by concerns that the processes of doing business itself, from  manufacture to HR and marketing, are becoming a burden under the weight of  compliance legislation.

    "We are used to manufacturers calling for tax breaks and lower interest  rates, and it is a measure of the severity of the bureaucracy problem that  it has become the number one issue so quickly. Businesses are investigating  ever more streamlined processes to remain competitive and management  technology will be crucial in keeping businesses ahead of their peers."

    Notes to Editors

    128 senior decision makers in UK mid market manufacturers and distributors were questioned by internet poll by Geac in November 2005.

    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 www.runtime.geac.com 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 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.

@@start.t1@@      (1) GDP figures from the office of national statistics, Q3, 2005 compared
            to Q3 2004.
            http://www.statistics.gov.uk/cci/nugget.asp?id(equal sign)192
      (2) IDC report "Worldwide Financial Compliance Applications" March 2005,
            on global investment in compliance. Figure includes software hardware
            and services.@@end@@

ots Originaltext: Geac Computer Corporation Limited.
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
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;
Investor Contact: Alys Scott, Geac, +1-(781)-672-5980,
Alys.scott@geac.com



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