Geac MPC 7 Eases Broad Adoption of Performance Management in Large Enterprises New planning module, consolidation features highlight powerful new release of Geac's flagship integrated performance management software suite ORLANDO, FL, May 9 /PRNewswire-FirstCall/ -- At Geac ALLIANCE2005 - May 9, 2005 - Geac(R) (TSX: GAC and NASDAQ: GEAC), a global provider of software solutions to the CFO, today launched a major new release of Geac MPC, its flagship integrated performance management software suite. Geac MPC 7 lets large enterprises easily put powerful performance management capabilities - including strategy, planning, budgeting, forecasting, consolidation and reporting - in the hands of finance and business professionals across an organization, while preserving centralized control of critical information. As the first fully integrated, "closed loop" performance management system designed for enterprise-wide adoption, Geac MPC 7 offers Global 2000 companies multiple benefits, including vastly improved enterprise-wide planning and alignment, streamlined reporting, and simplified compliance. According to a recent Aberdeen Group industry benchmark study, best-in-class companies deploying "closed loop" corporate performance management (CPM) systems realize on average eight percent higher gross margins than the industry norm, and have about seven points greater market share in their most profitable segments. Geac MPC recently received the highest ratings among all competitive offerings in Ventana Research's 2005 Performance Management Vendor and Product Scorecard. MPC 7 provides functionality designed to help organizations transform their strategic and operational planning processes into a collaborative platform that links strategy to actions and facilitates enterprise-wide communication of that information. "New pressures require businesses to adopt holistic approaches to CPM," Lee Geishecker, vice president at IT research firm Gartner, Inc., said. "Many executives treat strategy formulation as a one-off exercise by defining a strategy and then single-mindedly following that strategy regardless of changes in the business environment. Scenario analysis should encourage - and CPM systems should enable - strategic planners to create and maintain a portfolio of alternative strategies. These can be considered when sudden, significant shifts occur in business circumstances, environmental factors or economic conditions and when data from the operations feedback loop indicates that the strategy is not achieving its objectives." Geac MPC 7 advances how enterprise-wide strategic and operational business planning is done. Rather than just periodically updating a scorecard with operational results, Geac MPC 7 helps organizations transform and communicate their strategic plans into quantifiable objectives, tactics, and supporting activities with assigned ownership at the correct responsibility level throughout the enterprise. The result is a collaborative environment for planning, tracking, and predicting progress toward key management objectives. "Many companies have tried without success to use standalone scorecards or dashboards to track corporate performance," Brian Hartlen, Vice President of Global Marketing at Geac, said. "Geac MPC 7 enables an integrated approach in which companies can define and monitor progress towards the successful implementation of strategies, as well as the resource allocations and activities that support them. This provides a deep level of context in addition to the measures and financial results, which truly allows management to drive their business and course correct as necessary." New Geac Planning module Geac Planning is a sophisticated planning application that is geared toward making the planning process easier, from a single planner creating "what if" operational plans to multiple teams of collaborative planners around the world. The Geac Planning application is driven through an easy-to-use Excel interface. A planner may set a high-level target needed to achieve a desired profitability percentage, for example, and then let the system adjust ("spread") the values of the chosen plan variables to achieve the goal. Planners may also add, delete, or change business assumptions and structures at will and in real time, leveraging Excel's strong and flexible data gathering, reporting, and formatting capabilities. This creates a much more nimble planning environment that also drives changes in operational plans and budgets for the enterprise. As a result, alignment throughout the organization occurs quickly and efficiently, and communication is dramatically enhanced. Because the application is built on the Geac MPC financial application foundation with centralized controls, business users can collaborate on the same plan without having to keep track of how the changes made through the planning process will be driven into the "system of record." Geac Planning organizes and manages the sharing of structures and data across the planning environment, allowing the information to be used to seed the budget, measure operational plans, or build long-range strategic planning models. Easier, more flexible reporting Meeting the need for sophisticated formalized reporting, Geac MPC 7 offers a new management reporting capability featuring a creation wizard, which streamlines initial report design and shortens the time to create and deliver critical enterprise reporting. Excel power users often want to do highly personalized analysis and reporting from their performance management systems. MPC 7 extends the current Excel Services functionality to deliver Excel cell-based reporting capabilities. Users can leverage the data in the centralized application without giving up any of the flexibility they need to create virtually any layout they choose without the need for pre-built views, templates, or formatting requirements. In addition, Geac offers a production reporting module that integrates Microsoft SQL Server 2000 Reporting Services, broadening the range of reporting options available to Geac MPC customers. Simplified ERP integration Geac MPC OpenLink is a Web-based mapping tool that simplifies the process of accurately moving data from multiple enterprise resource planning (ERP) and other source systems to the Geac MPC application. OpenLink helps to quickly define the mapping profile using either a basic or advanced pattern-matching syntax for one or more data sources; processes the mapping profile, loads the information into the application, and provides an audit trail of the mapping process. OpenLink is designed to work with the most popular and widely deployed ERP and general ledgers on the market. Geac MPC Fast-Track is a set of packaged application integrations between the Geac MPC performance management software and several Geac ERP offerings. Fast-Track integrations available with the Geac MPC 7 release include: Geac E Series, Geac M Series, Geac SmartStream, and Geac System21. Geac MPC 7 has been delivered to early adopter customers and will be generally available worldwide this summer. Pricing varies based on system configuration. Additional product information is available at http://www.performance.geac.com/mpc/mpc.cfm. About Geac Geac (TSX: GAC and NASDAQ: GEAC) is a global enterprise software company that addresses the needs of the Chief Financial Officer. Geac's best-in-class technology products and services 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. Further 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 Contact: David Domeshek, Geac, (508) 871-5064, ; Investor Contact: Laura Hindermann, Geac, (508) 871-5045,

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