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Geac Computer Corporation Limited.

Business Intelligence to Dominate 2006 IT Expenditure in UK Manufacturing and Distribution

Studley, England (ots/PRNewswire)

- Management and Budget Issues Threaten Success of Projects
The majority of IT teams within UK manufacturers and distributors
will focus on Business Intelligence (BI) and reporting projects over
the next 12 months, according to research released today by
enterprise software provider Geac.
Over a third (39%) of the UK mid market manufacturers and
distributors polled said BI would take up the majority of their IT
resources over the coming year. The manufacturing sector has been
viewed as one of the leading adopters of BI technology, helping to
fuel analyst estimations of 30% annual growth for the market(1).
In terms of other major IT projects, 'forecasting and demand
planning' was top of the list for a further 27%, with traceability
and RFID projects totalling a further 18% over the next 12 months.
However, there was also a note of caution. Half (50%) of the
respondents thought that the ongoing demands of other priorities
would be the greatest inhibitors to the success of these projects.
36% felt a lack of budget would be the biggest stumbling block,
whilst 18% are concerned over integration difficulties.
Neeta Solanki, a business intelligence consultant for Geac,
commented: "The vast majority of companies I talk to have IT
departments swamped in report writing activities for end users. In
some cases it is a full time job for some highly qualified IT staff
to handle these needs. This scenario cannot be the way forward for
British industry. Business users need their own access to
'intelligence', without overburdening the IT department.
"However the notable interest we're seeing in business
intelligence projects shows there's a major concern over how
companies can get the critical information they need for more
effective decision making and improved productivity. But the concerns
highlighted by this survey over competing demands for ongoing work
and budgets may inhibit a lot of companies from exploiting the
benefits of this technology to its full potential."
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
organisations 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@geac.com.
(1) IDC estimate for global BI market: Worldwide Business
Intelligence Tools Forecast 2005-2009, October 2005.
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.

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

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