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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (509)	9/11/1998 11:18:00 PM
From: timroy	Read Replies (1) \| Respond to of 1571

Geac Announces SmartStream Reconciliations Wins MARKHAM, ONTARIO--Geac today announced that it has recently signed contracts with the Deutsche Bank, Lombard Odier & Cie and Credit Agricole to purchase Geac's SWIFTReady Gold Label SmartStream Reconcilications product. Deutsche Bank, through its securities arm Deutsche Morgan Grenfell, will be implementing SmartStream Reconcilications's cash and securities reconciliation and investigation product for its global securities operations worldwide. SmartStream Reconcilications is the only product that met its need for a high volume, end to end back office automation product. SmartStream Reconciliation is also gaining ground in Switzerland, where Lombard Odier & Cie, one of the country's most prestigious private banks purchased SmartStream Reconciliations to replace an aging proprietary reconciliations product. The initial installation is underway in Geneva with global implementation planned for later this year. In France, Geac made its first major strategic sale to Indosuez Asset Management, the investment management subsidiary of Credit Agricole. With recently enhanced sales capabilities, Credit Agricole will be a leverage point for future Reconciliations sale in France. SmartStream Reconciliations has also secured significant additional software licenses from existing customers including Lloyds Bank, Nomura Securities, Credit Suisse, Lehman Brothers, in London and New York, and Barclays Global Investors. SmartStream Reconcilications is the only commercially available product to receive the SWIFT Ready Gold Label endorsement for its compliance to S.W.I.F.T. standards for services and straight-through-processing. Its many features include generic investigations and matching capabilities, Euro compliance, extensive cash management, securities balance analysis, position keeping and holdings reconciliations. Founded in 1971, Geac is a provider of mission critical enterprise applications, supplying industry specific software to nine vertical markets as well as cross industry administrative applications comprised of financial, human resources and materials management software. Headquartered in Markham, Canada, Geac has more than 70 offices in 16 countries and serves customers in more than 40 countries worldwide. Geac product and service information is available on the World Wide Web at geac.com, or through email at info@geac.com. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol - GAC). -30- FOR FURTHER INFORMATION PLEASE CONTACT: Geac Computer Corporation Ltd. Press Contact: Faye Hou (905) 475-0525

To: Stew who wrote (509)	9/11/1998 11:23:00 PM
From: timroy	Respond to of 1571

Geac announcement/contracts (Full text of press release from Canadian Corporate News) SEPTEMBER 10, 1998 Geac Announces SmartStream Reconciliations Wins MARKHAM, ONTARIO--Geac today announced that it has recently signed contracts with the Deutsche Bank, Lombard Odier & Cie and Credit Agricole to purchase Geac's SWIFTReady Gold Label SmartStream Reconcilications product. Deutsche Bank, through its securities arm Deutsche Morgan Grenfell, will be implementing SmartStream Reconcilications's cash and securities reconciliation and investigation product for its global securities operations worldwide. SmartStream Reconcilications is the only product that met its need for a high volume, end to end back office automation product. SmartStream Reconciliation is also gaining ground in Switzerland, where Lombard Odier & Cie, one of the country's most prestigious private banks purchased SmartStream Reconciliations to replace an aging proprietary reconciliations product. The initial installation is underway in Geneva with global implementation planned for later this year. In France, Geac made its first major strategic sale to Indosuez Asset Management, the investment management subsidiary of Credit Agricole. With recently enhanced sales capabilities, Credit Agricole will be a leverage point for future Reconciliations sale in France. SmartStream Reconciliations has also secured significant additional software licenses from existing customers including Lloyds Bank, Nomura Securities, Credit Suisse, Lehman Brothers, in London and New York, and Barclays Global Investors. SmartStream Reconcilications is the only commercially available product to receive the SWIFT Ready Gold Label endorsement for its compliance to S.W.I.F.T. standards for services and straight-through-processing. Its many features include generic investigations and matching capabilities, Euro compliance, extensive cash management, securities balance analysis, position keeping and holdings reconciliations. Founded in 1971, Geac is a provider of mission critical enterprise applications, supplying industry specific software to nine vertical markets as well as cross industry administrative applications comprised of financial, human resources and materials management software. Headquartered in Markham, Canada, Geac has more than 70 offices in 16 countries and serves customers in more than 40 countries worldwide. Geac product and service information is available on the World Wide Web at geac.com, or through email at infogeac.com. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol - GAC). FOR FURTHER INFORMATION PLEASE CONTACT: Geac Computer Corporation Ltd. Press Contact: Faye Hou (905) 475-0525 email: f.hougeac.com More Quotes and News: Geac Computer Corporation Ltd (Toronto:GAC.TO - news)

To: Stew who wrote (509)	9/11/1998 11:28:00 PM
From: timroy	Read Replies (1) \| Respond to of 1571

YEAR 2000 SOLUTIONS As the Year 2000 approaches, many companies are reviewing their products and internal systems infrastructure to address potential problems in the accurate processing of calendar date data. Geac Computer Corporation Limited (Geac) is among this group of companies which are responding to this challenge. While Geac, together with its subsidiaries and affiliates, has a policy not to complete any specific questionnaires or similar forms regarding Year 2000, Geac has a comprehensive testing methodology in place for reviewing its internal systems infrastructure and the development process for its application software solutions. Geac is also striving to meet customers' needs for Year 2000 with regard to Geac software, allowing ample time for implementation and deployment before the turn of the century. Software, which is Year 2000 "Compliant" shall be architected to enable the following capabilities: (1) date data century recognition, (2) calculations that accommodate same century, cross-century, multi-century formulas and date values, and (3) date data interface values that either reflect and include the indication of the century or when necessary to determine the century of inputs, determine the century, based on specific rules provided that all other technology (including but not limited to hardware, software, firmware and interfaces) properly exchanges accurate date and date-related data with such software. Geac has taken reasonable measures to successfully test for Y2K Compliance. Geac also wants to ensure that its customers are properly informed about the Year 2000 status of its products, so that they in turn, can be well prepared. For most Geac software, compliant versions of Geac-written software as well as third party software which is embedded in the Geac-written software (the "Versions") are either available or will be made available in ample time for installation before the Year 2000. In some cases, existing customers may be required to be on Geac's most current release before upgrading to the Versions. All of Geac's current customers operating Geac-written software and any embedded third party software have been or will be notified in writing of the status and plans for the Geac written software system they currently operate. Customers who are currently operating software for which Compliant versions will not be made available, are being notified in writing of this fact and it is Geac's intention to work with them to identify a migration path toward a Compliant Version. Geac is taking reasonable measures to successfully test the Versions for Compliance. With respect to third party embedded software, Geac is testing same only to the extent that such third party software is required to be used with the Versions. Year 2000 testing of the Versions can only be conducted in simulated test environments prior to January 1, 2000. As you know, software is of an inherently complex nature and is operated in a variety of environments so that the various combinations of application software, operating system software, firmware and hardware, along with various interfaces and customer's usage creates a universe of testing possibilities. Therefore, while Geac employs commercially reasonable test methodologies, not every situation or environment can be predicted and tested for. In particular, Geac has not tested any modifications (ie; any coding changes not part of its standard release, regardless of who made the modifications.) to its standard software applications. The only way to be assured that you will achieve accurate Year 2000 results, is for you to test the software before utilizing it in a production environment, and regularly thereafter until well into the Year 2000. Should you wish to obtain more specific information pertaining to the software that you currently operate, please refer to the web page of the appropriate Geac Division. Alternatively, you can contact your Sales Representative or your Customer Support Representative. Enterprise Server Commercial Systems Copyright c1998:Geac Computer Corporation Ltd. Questions or comments to webmaster@g