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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.
    (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.

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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