Geac announces development partnership with Indigo Software for new RFID capabilities in System21 Aurora
06 12월 2005 - 12:00AM
PR Newswire (US)
STUDLEY, UK, Dec. 5 /PRNewswire-FirstCall/ -- Geac(R) (TSX: GAC and
NASDAQ:GEAC), has announced a software development partnership with
Indigo Software to build Radio Frequency Identification (RFID)
capabilities for Geac's flagship Enterprise Resource Planning (ERP)
product - System21 Aurora. The new capabilities will be a core new
component of System21 Aurora version 2.2, the next major release
which is scheduled for general release early 2006. Richard Smith,
VP of operations for Geac System21, said: "Many of our customers
who supply the retailers within the fast moving consumer packaged
goods industry are now looking towards initial projects for the
adoption of RFID technology. This is becoming increasingly
important in our market, not just as technology advances or as a
way of improving the efficiency of internal processes, but we find
the real driver for RFID adoption is commercial compliance. Some of
our customers are having to adopt because that is what their
customers are mandating. This is going to become a compelling issue
for many customers in the next 12 months. Yet this compliance issue
extends beyond RFID technology into mandated product structures and
definitions - either commercial compliance mandates or standards
body/market mandates. Again, these are compelling issues that
require a response from us." Peter McLane, Managing Director of
Indigo Software, said: "We're delighted to be selected as Geac's
RFID development partner. For the last 17 years we have been a
vital partner for the provision of Automated Warehousing solutions
particularly to many Geac System21 customers. Recently we have been
talking extensively to a number of them about their requirements
for forthcoming RFID pilots. We're now taking this knowledge and
experience into this development project to provide a single
solution which will be tightly integrated with System21 for our
joint customers." Leading RFID industry analyst, Nigel Montgomery
from AMR Research, said: "Recognising that RFID is only part of a
new wave of sensor-based technologies that will revolutionise
global supply networks over coming years, Geac and its partner
Indigo, are developing a solution to enable customers to leverage
these new-wave technologies. Customers should be safe in the
knowledge that their core systems can not only handle the volumes
of data, but the new solution also protects customer investments by
providing an integration layer that will operate with all new
merging technologies. In addition, System21 leverages incoming
information for performance improvement using Geac's own leading
Business Performance Management solution. Geac has learned from the
mistakes of other providers, who have developed rigid integration
to back-office systems. Emerging technologies require open-
integration flexibility if customers are to reduce their overall
total cost of ownership (TCO)". 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 . 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 Contacts: Alex
Bell, Citigate Dewe Rogerson, +44 (0) 1604 232223, ; Richard Moore,
Geac, +44 (0) 1527 496189, ; Investor Contact: Alys Scott, Geac,
(781) 672-5980,
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