GEAC Geac Computer Ltd - Common Shares (MM)

Companies sign global agreement that will further strengthen the ties between financial performance management and business intelligence WALTHAM, MA, Feb. 6 /PRNewswire-FirstCall/ -- Geac(R) (NASDAQ:GEAC), a global enterprise software company dedicated to addressing the needs of CFOs, today announced that they have signed a global agreement with MicroStrategy(R) Incorporated (NASDAQ:MSTR), a leading worldwide provider of business intelligence software. Organizations today require actionable, relevant information in order to make quick, fact-based decisions. Today's "sense and respond" management style requires information that is both: strategic and tactical, internal and external, and reduced in volume but increased in relevancy. Achieving this requires the marriage of effective business processes with robust business intelligence. Geac and MicroStrategy customers can benefit from Corporate Performance Management solutions delivering actionable information to decision-makers across their enterprise. Customers can now integrate financial performance management functionality while leveraging their BI platform investment. MPC, Geac's award-winning performance management application, enables enterprises to improve the speed, accuracy, and effectiveness of their strategic planning, financial and operational planning, budgeting, financial consolidation, and forecasting processes. With it, organizations are better able to manage their strategies through to execution. Geac MPC customers who find the need to expand their applications with better access and insight into data warehouses and operational data stores will now have an option to take advantage of the MicroStrategy BI platform. As part of this agreement, the two companies will execute cooperative marketing programs and work side by side to ensure customer success. Joint customers of the two companies are pleased to learn of this new alliance between MicroStrategy and Geac. For instance, NBC Universal recently won an award in the Innovative BI Integration category for deploying a joint MicroStrategy/Geac solution that has yielded significant process improvements and enterprise-wide value. California-based theme park Universal Studios Hollywood business, owned by NBC Universal, replaced a challenging spreadsheet-based system with a Geac/MicroStrategy solution that provides visibility into the theme park's central budgeting, financial reporting, and consolidation mechanism. With the joint solution, line managers can quickly make changes in attendance or park-hour assumptions, and provide senior management with new performance targets in minutes as opposed to days or weeks. These daily budgets are then seamlessly loaded to a data warehouse so that operators and line managers can run self-service reports using MicroStrategy to make decisions that optimize revenues or contain costs. While the Geac MPC-based financial application receives information from one source (SAP(R) R/3), MicroStrategy supports operational and transactional analysis from 10 source systems that feed SAP. Since going live, the joint solution has enabled managers to make quick operational decisions. Customer spend and attendance rates have significantly increased, with the total impact estimated in the millions of dollars in additional revenue generated as a result of increased attendance. The solution has also fundamentally changed the finance, budgeting, reporting, and financial closing processes, and cut budget processing time by over 50 percent. NBC Universal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. "Through this alliance, customers can gain greater value from their corporate performance management investment with the ability to leverage MicroStrategy's advanced business intelligence technology," said Tom Villani, MicroStrategy's vice president of global alliances. "We are pleased to add Geac to our portfolio of alliances." "MicroStrategy is a proven leader in the business intelligence arena and we are delighted to collaborate with them and introduce the benefits of MicroStrategy's proven solutions to our customer base," said Brian Hartlen, Geac's vice president of global marketing. "Our companies are working together to ensure that we help our customers more efficiently and effectively leverage information technology to manage their organizations. About Geac Geac (TSX: GAC, 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 . About MicroStrategy Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ:MSTR) is available at http://www.microstrategy.com/. MicroStrategy and MicroStrategy Business Intelligence Platform are trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners. 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 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: Greg Wind, FitzGerald Communications, (617) 585-2240, ; Investor Contact: Alys Scott, Geac, (781) 672-5980,

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