Geac Wins US$800,000 Software and Services Contract with Prominent Hong Kong-Based Clothing Manufacturer
09 March 2005 - 9:15AM
PR Newswire (US)
Geac Wins US$800,000 Software and Services Contract with Prominent
Hong Kong-Based Clothing Manufacturer Smart Shirts Limited
purchases Geac RunTime product lifecycle management solution to
meet changing customer demands, improve internal communications and
efficiency SINGAPORE AND MARKHAM, ON, March 8
/PRNewswire-FirstCall/ -- 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 centralized 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. About Geac Geac (TSX: GAC, NASDAQ:
GEAC) is a global enterprise software company that provides
best-in-class technology products and services to help
organizations 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
http://www.asiapacific.geac.com/. Corporate information is
available at http://www.geac.com/ or through e-mail at . 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
realized. These and other potential risks and uncertainties that
relate to Geac's business and operations are summarized 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
http://www.sec.gov/ and through the website maintained by the
Canadian Securities Administrators and the Canadian Depository for
Securities Limited at http://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. DATASOURCE:
Geac Computer Corporation Limited CONTACT: Media & Investor
Contacts: David Domeshek, Geac, (508) 871-5064, ; Laura Hindermann,
Geac, (508) 871-5045, ; Media Contact-Asia: Norbert Kiss, Geac, +65
63579628,
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