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Geac Wins US$800,000 Software and Services Contract With Prominent Hong Kong-Based Clothing Manufacturer
Singapore and Markham, Canada (ots/PRNewswire) -
- Smart Shirts Limited Purchases Geac RunTime Product Lifecycle Management Solution to Meet Changing Customer Demands, Improve Internal Communications and Efficiency
Geac (TSX: GAC, NASDAQ: GEAC) today announced it has won a contract valued at more than US$800,000 with Smart Shirts Limited of Hong Kong, a subsidiary of Kellwood Company (NYSE: KWD), a leading marketer of apparel and consumer soft goods. Smart Shirts manufactures a range of products for many major brands and retailers, including Polo Ralph Lauren, Nautica, Claiborne, Land's End, Dockers, Timberland and L.L. Bean.
Smart Shirts has purchased a product lifecycle management (PLM) solution from RunTime, Geac's specialist division dedicated to the apparel and footwear industry. The RunTime software is expected to be used across Smart Shirts locations in Asia and New York. It will enable tighter integration and coordination of operations such as shipments, orders, and deliveries across departments at Smart Shirts. Changes in any of these will now be communicated automatically via a workflow tool within the RunTime product, which will also maintain a history of any changes. In addition, the Geac software will help Smart Shirts work more closely with its clients to deliver new styles to their stores, and will maintain a knowledge base of existing and previous styles created.
Smart Shirts plans to integrate RunTime into its existing Geac System21 ERP system. Smart Shirts has been a Geac System21 customer since 1996.
"Our new Geac PLM solution will help Smart Shirts become a far more efficient and effective business," said Gerald Rhoads, Vice President of Administration & Finance at Smart Shirts. "We are excited about the opportunity this technology affords us to improve our customer service by more tightly coordinating our operations internally, and by streamlining key aspects of our client communications."
"This is Geac's most significant win in Asia in several years, and further validates our organic growth efforts in the region," Charles S. Jones, Geac's president and chief executive officer, said. "On the heels of our RunTime win at sportswear manufacturer Rip Curl in Australia, we are encouraged by the market traction Geac is achieving in the fashion and apparel sector in the Asia-Pacific region."
Geac RunTime is a state-of-the-art product lifecycle management solution offering web-based collaboration, visual merchandising, mobile tools for off- line users, pro-active workflow and full ERP integration. Geac RunTime software is designed to be operated either in a distributed or centralised environment. It runs on Intel servers and can interface with most ERP and financial software systems. The software runs on multiple databases and can work in a PC or Apple Macintosh client environment.
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. Operating in Asia Pacific since 1978, Geac has offices in Australia, New Zealand, Singapore, Philippines, Japan, Hong Kong, Malaysia, China and Thailand. Further regional information is available at www.asiapacific.geac.com. Corporate information is available at http://www.geac.com or through e-mail at firstname.lastname@example.org.
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 realised. These and other potential risks and uncertainties that relate to Geac's business and operations are summarised 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.
ots Originaltext: Geac Computer Corporation Limited.
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Media & Investor Contacts: David Domeshek, Geac, +1-508-871-5064,
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