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Gold/Mining/Energy : Gemcom Software International (GCM/TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (20)	7/12/1998 12:22:00 PM
From: Ally	Respond to of 23

Gemcom Software and Century Systems to Form Strategic Alliance VANCOUVER, BRITISH COLUMBIA--Gemcom Software International Inc. and Century Systems Technologies Inc. today announced the signing of a memorandum of understanding to form a strategic alliance which will combine the marketing and development of the two companies' products. Ontario-based Century Systems is a privately-held software company supplying drillhole logging and mapping systems to the mining and exploration industry. The two companies plan to create integrated applications software based around open database technology that will increase productivity and add value to current and future customers' operations. For its part in the alliance, Gemcom will provide Century Systems with increased marketing and distribution. Century Systems will provide technology and development resources to Gemcom to seamlessly interface its products with Gemcom's. "We are excited to be working in alliance with Gemcom in order to provide the exploration and mining community with what we believe will be an unrivalled combination of open software applications," says President of Century Systems Technologies Ray Auger. "This alliance is another step towards our goal of being the pre-eminent supplier of information technology to the earth resources industry," says Gemcom President and CEO Peter Franklin. "Together, Gemcom and Century can offer our customers a more complete technological solution, thereby adding value to their operations. This is especially true for the larger mining companies which need to ensure a seamless flow of data through multiple processes and locations. We believe this alliance will translate into a competitive advantage for our products." In the short-term, Gemcom will market and sell Century Systems' logging and mapping systems as an addition to its full suite of mining and exploration software. Over time, the companies plan to consolidate their products to form a comprehensive suite of applications for drillhole logging and management, geological modelling, and mine design, planning and management. Gemcom develops, markets, sells and supports Windows 95/NT software for the mineral exploration and mining industry. Its products are used for manipulation of drillhole sample data, ore body modelling, and mine design and planning. Gemcom is used by more than 800 companies in over 70 countries. Gemcom is a Vancouver-based Company with offices in eastern Canada, the USA, England, Peru, Australia, Chile and Brazil. Currently trading on The Toronto Stock Exchange, Gemcom has approximately 9.7 million shares outstanding. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Gemcom Software International Inc. Karen McCluskey Investor Relations and Corporate Communications Manager (604) 684-6550 (604) 684-3541 (FAX) gemcom.bc.ca e-mail: karenm@gemcom.bc.ca or The Equicom Grop Inc. Cory Pala Investor Relations 1-800-385-5451 ext. 223 (416) 815-0080 (FAX) equicomgroup.com e-mail: info@equicomgroup.com or Century Systems Technologies Inc. Ray Auger President (705) 675-5609 (705) 675-5798 (FAX) centurysystems.net e-mail: rauger@centurysystems.net

To: Ally who wrote (20)	7/12/1998 12:25:00 PM
From: Ally	Read Replies (1) \| Respond to of 23

Gemcom Software Wins Contract with Falconbridge VANCOUVER, BRITISH COLUMBIA--Gemcom Software International Inc., a leading supplier of information technology for the earth resources industry, today announced that it has signed a contract to supply the worldwide exploration operations of Falconbridge Limited with its Gemcom for Windows software system. This open-database application is expected to become a global corporate standard for Falconbridge's exploration activities. The contract represents an important strategic milestone for Gemcom in pursuing its corporate objective of becoming the database standard for all major international exploration and mining companies. Under the terms of the contract, Gemcom will provide the software to each of Falconbridge's exploration offices in Canada and worldwide, for a total of 38 licenses. Gemcom has also been contracted to provide training and support for the software. Application installation will begin immediately, with training scheduled for completion over the next few months. "We were looking for a software solution using open-database standards that could be used quickly and accurately by everyone on our exploration team," says Falconbridge's Manager of Exploration Information Peter Campbell. "After a thorough evaluation of all possible alternatives, we chose Gemcom because they provide a proven system that's also robust enough to handle our largest drillhole databases." "The scope of this contract further demonstrates Gemcom's dominant position as the software standard within the global mining industry," said Peter Franklin, President and CEO of Gemcom. "As large mining companies continue to improve their operating efficiency through enhanced information systems, many are looking to standardize with open database solutions. We intend to be the leading provider of those application standards." Falconbridge also recently signed a corporate licensing agreement with Gemcom's strategic partner Century Systems Technologies for its drillhole logging software application DHLogger. DHLogger is used in the field by Falconbridge's exploration and mining geologists to electronically collect exploration data from drillholes. This data will seamlessly integrate into the Gemcom for Windows database enabling the user to view geological data in 3-dimensional models, test geological theories, and build computer geological models to aid in the targeting of drill sites, thereby improving the odds of exploration success. "We are very pleased to be working with Century Systems on this project, our first as part of a formal alliance between our two companies," Franklin says. "This contract with Falconbridge is a good example of how we are able to offer a more complete technological solution to our customers by working together." Gemcom develops, markets, sells and supports Windows 95/NT software for the mineral exploration and mining industry. Its products are used for manipulation of drillhole sample data, ore body modelling, and mine design and planning. Gemcom is used by more than 800 companies in over 70 countries. Gemcom is a Vancouver-based Company with offices in eastern Canada, the USA, England, Peru, Australia, Chile and Brazil. Currently trading on The Toronto Stock Exchange, Gemcom has approximately 9.7 million shares outstanding. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Gemcom Software International Inc. Karen McCluskey Investor Relations & Corporate Communications Manager (604) 684-6550 (604) 684-3541 (FAX) Email: karenm@gemcom.bc.ca Website: www.gemcom.bc.ca or The Equicom Group Inc. Cory Pala Investor Relations 1-800-385-5451 ext. 223 (416) 815-0080 (FAX) Email: cpala@equicomgroup.com Website: www.equicomgroup.com or Century Systems Technologies Inc. Ray Auger President (705) 675-5609 (705) 675-5798 (FAX) Email: rauger@centurysystems.net Website: www.centurysystems.net