Yes Bob, they focused on the apparel market and supply chain. They were purchased by GEAC about 1 1/2 years ago.
Here are several recent press releases:
GEAC Repays U.S. $12 Million To Banking Syndicate -- Discussion Period Extended
siliconinvestor.com
TORONTO, Feb 1, 2001 (BUSINESS WIRE) -- Geac Computer Corporation Limited (TSE: GAC chart, msgs) announced today that the period for discussions with its banking syndicate relating to its credit facility has been extended to February 15, 2001.
With the repayment today of U.S. $12 million, U.S. $48 million remains outstanding under the facility.
"The cash position of the Company improved substantially during the third quarter primarily due to maintenance contract renewals, which are seasonally higher during this period, as well as the impact of the cost reduction program effected during the second quarter," said John E. Caldwell, President and Chief Executive Officer.
Geac Computer Corporation Limited is a provider of mission critical software and systems solutions to corporations around the world. Geac solutions include cross-industry enterprise business applications for financial administration and human resources functions, and enterprise resource planning applications for manufacturing, distribution, and supply chain management. Geac also provides industry applications to the hospitality, property and publishing marketplaces, as well as a wide range of applications for libraries and public administration. Headquartered in Toronto, Canada, Geac ranks as one of the world's largest software companies. Further information is available on the World Wide Web at geac.com, or through e-mail at info@geac.com.
GEAC PUBLISHING SYSTEMS: Geac Publishing Systems' announces extensive schedule of participation in worldwide publishing events; First-half of 2001 will see focus on traditional and new markets
siliconinvestor.com
Geac Publishing Systems' Command Series of solutions offers publishers unique advantages:
* A customer-centric approach that allows publishers to see every interaction with any customer regardless of whether it took place through advertising, circulation or customer service;
* Publishers can leverage this universal view of the customer through the use of powerful Customer Relationship Management (CRM) and data warehousing applications;
* A single content management environment; and
* The ability to cost effectively provide more information and better tools to more people throughout the organization through the use of handheld computing devices and Internet-enabled applications
Geac Enterprise Solutions Inks Deal With Brazilian Airport Administration Extensive Evaluation Process Culminates in Major Licensing of SmartStream Applications
ATLANTA, Jan 24, 2001 (BUSINESS WIRE) -- Geac Enterprise Solutions(TM), a division of Geac Computer Corporation Limited (TSE: GAC chart, msgs), today announced that Infraero - the Brazilian Government Airport Administration - has chosen Geac's SmartStream(R) Financials back-office software applications to streamline its financial transaction process.
This is a multi-year, multi-million dollar (U.S.) contract. Infraero chose Geac's SmartStream applications over several other software vendors after an extensive evaluation, demonstration and negotiation process.
Infraero was looking for a solution that would integrate with its Geac General Ledger application, save the agency money and enable it to reorganize its financial structure utilizing one vendor's applications. The specific SmartStream Financials applications to be implemented include Allocations, Budget, Funds Control, Ledger, Payables, Projects and Receivables. According to Flavio Rodrigues, Financial Manager at Infraero, "SmartStream's flexibility and richness in functionality made it the ideal choice to help us meet our current and future needs. Geac offered us a totally integrated solution instead of a set of individual applications and the advantages were so compelling that we were willing to change our database."
Harry Debes, president of Geac Enterprise Solutions (Americas), stated, "SmartStream's comprehensive reporting and funds control capabilities are an ideal match to a government agency such as Infraero. SmartStream applications are designed to maximize a customer's existing investment in other applications, dynamically change business processes, sort through great amounts of data and create useful and pertinent information, and incorporate the logical flow of activities and information into an organization's applications. This is accomplished through a solid foundation of configurable workflow utilizing Geac's Active Architecture - a powerful design strategy and set of components that allows users to seamlessly connect an organization's core enterprise applications to both internal and external users."
About Geac Enterprise Solutions
Geac Enterprise Solutions, a division of Geac Computer Corporation Limited with more than 40 years of expertise, delivers Web-enabled feature-rich, mission-critical client/server (SmartStream)(R), PC/LAN (TotalHR), S/390 (E Series and M series) and AS/400 (System21 and GeacStyle) ERP solutions to more than 7,800 customers in 76 countries. Its product suites enable organizations to streamline business processes and provide business intelligence access throughout their enterprises across multiple platforms. Additional information about Geac Enterprise Solutions is available at www.geac.com.
Note: GEAC acquired Dun & Broadstreet Software several years ago. That's where the SmartStream SW comes from.
Pyramaz Adds Petroleum Giant to Growing Customer Base Geac's ASP Unit Continues Aggressive Move Within Marketplace
siliconinvestor.com |
