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

To: Edward W. Richmond who wrote (737)	5/4/1999 9:21:00 AM
From: Dale Geffrey	Respond to of 1571

More news. Monday May 3, 7:32 am Eastern Time Company Press Release Geac's Web-Based Portal Extends Capabilities of Its Applications -- Geac's Net Foundations Reduces Administrative Costs, Improves Accessibility and Increases User Productivity -- ATLANTA--(BUSINESS WIRE)--May 3, 1999-- Geac SmartEnterprise Solutions today announced that its new web-based portal, Net Foundations, will enable customers to leverage their Geac applications and gain greater access to information. Acting as an organization's web-based portal, Net Foundations provides customers with a single point of access from any location or device to all server-based and back office Geac applications across an enterprise, allowing them to take advantage of their existing applications and infrastructure. Organizations using Net Foundations will realize significant benefits from the administrator's side due to lower administration and implementation costs, and from the end-user side through improved information access and user productivity. According to Lee Geishecker, research director at Gartner Group's Decision Drivers, ''Net Foundations solidifies Geac's vision to add value to its customers' existing applications in ways that make business sense. By simplifying system administration and improving access to information, Geac is answering customers' needs and providing them with options they've never had before.'' Net Foundations provides a number of benefits to the entire organization. For end-users, it reduces the time needed to access and obtain necessary information, enabling them to make better business decisions faster. Net Foundations allows direct access to applications across the enterprise via a customized portal. This portal is profile-driven, so users have instant access to only the applications and data that are important to them. Because Net Foundations is web-based, users will have access from anywhere, anytime. Best of all, users do not need extensive training to work with the software. For IT managers, Net Foundations reduces the cost of managing and deploying applications because all management is conducted from a central location; applications reside on the server and not on users' individual desktop computers, so administrators do not spend the time updating software on thousands of PCs. This assures that users will always have the latest version of their Geac applications without requiring expensive and time-consuming re-deployment on individual desktops. In addition, Net Foundations offers profile-based management, a feature enabling managers to define users and groups. Net Foundations also provides increased security by allowing IT managers to monitor and control web applications across an enterprise. Furthermore, Net Foundations offers extreme scalability; organizations can start with a small group of users and gradually add more to the server. ''We are continually looking for ways to improve our customer's bottom line,'' said Jim Treleaven, senior vice president and general manager for Geac SmartEnterprise Solutions. ''Our 30-year experience understanding the needs of our customers led us to build this powerful and secure web solution. Net Foundations reflects our commitment to simplify our customers' jobs so that they may focus on running their businesses.'' With Net Foundations, Geac has developed a product to not only meet organizations' needs today, but to also respond to future demands for browser accessible applications and capabilities. The Net Foundations platform is built on and uses leading-edge technologies from established industry leaders IBM and Microsoft. With Geac's use of these standard Internet technologies, organizations can extend access to any back office system. About Geac SmartEnterprise Solutions Geac SmartEnterprise Solutions, the largest division of Geac Computer Corporation Ltd., provides mid- to large-sized enterprises with advanced cross-platform financial, procurement, human resources and business intelligence systems. Geac's client/server (SmartStream) and mainframe (E Series and M series) product suites enable organizations to streamline business processes and enhance information access throughout their enterprises. Additional information about Geac SmartEnterprise Solutions is available at smartenterprise.geac.com. Founded in 1971, Geac Computer Corporation Ltd. is a leading provider of mission-critical enterprise applications, supplying industry-specific software to 10 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 90 offices in 16 countries and serves customers in more than 40 countries worldwide. Geac product and service information is available at geac.com, or through e-mail at info@geac.com. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol:GAC). -------------------------------------------------------------------------------- Dale