 | Geac Expands Partnership with ImageTag to Manage Related Paper | |
| | KwikTag paper-to-digital system enables multiple Geac applicationsORLANDO, Florida - At Geac ALLIANCE2005 — May 6, 2005 — ImageTag®, the creator of innovative solutions for managing paper in the digital world, and Geac® (TSX: GAC, NASDAQ: GEAC) today announced an expanded partnership that is migrating into Geac Compliance Management and Geac's E & M Series offerings. The expansion is a result of the success that Geac has experienced by integrating KwikTag® software in its expense management application. Enabling Geac Expense Management to manage the related receipts digitally offers customers a complete solution and has been well received by a wide range of accounts. Most recently, KwikTag's unique paper-to-digital system has been integrated into Geac Compliance Management, Geac's complete, end-to-end compliance solution — encompassing documentation, testing and sign-off, reporting and executive dashboards, and process automation for compliance procedures and remediation — built on a process management platform and industry-standard technologies. The combined application will be demonstrated for the first time at Geac's ALLIANCE2005 conference in Orlando. A presentation on a paper-to-digital platform for the enterprise featuring Geac's E & M Series product will also be previewed. "For firms making significant investments in ERP solutions, the gap between paper and digital information assets widens as firms become more automated," said Russell Mitchell, ImageTag VP of Strategic Alliances. "KwikTag is uniquely powerful for solving this dilemma, by enabling a distributed workforce to file paper documents from within Geac applications and then scan stacks of incoming documents when it's most convenient at any digital copier or scanning device. Indexing takes place before scanning, significantly increasing utility and auditing capability, and providing a seamless user experience. KwikTag surpasses the ad hoc, process-intensive cover sheet and copier keypad solutions, enabling enterprise deployments, flexible workflow, and the horsepower for repetitive work." KwikTag's innovative distributed capture method has given Geac solutions a powerful competitive advantage. "The method has proven itself in the field with a number of our valued customers relying upon it every day," said Isobel Harris, Vice President and General Manager, Geac Enterprise Solutions. "This expansion recognizes another of KwikTag's unique capabilities, the flexibility to integrate across the Geac product lines." Geac has included KwikTag with expense management products since 2004 and has deployments in both hosted and licensed models with Fortune 500 customers. To speak with an ImageTag representative during ALLIANCE2005, visit the ImageTag booth in the Connection Café or contact Russell Mitchell at rmitchell@imagetag.com . About ImageTag, Inc. About Geac, Inc. ### 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 www.sec.gov and through the website maintained by the Canadian Securities Administrators and the Canadian Depository for Securities Limited at 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. Media Contacts: ImageTag, Inc Investor Contact: | |
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