AMSI SOFTWARE EXTENDS PORTFOLIO MANAGEMENT CAPABILITIES.

Geac (TSX:GAC, NASDAQ:GEAC) has launched a new software product, eFinancials, that extends the capabilities of multifamily property owners and managers. eFinancials is a powerful, easy-to-use accounting and reporting solution that integrates with AMSI's operations management software to create a complete software solution.

"As business owners and managers, our customers require solutions that enable them to have continuous access to current and complete operations and accounting data to operate efficiently and optimize business returns," said James McDevitt, vice president and general manager for Geac Industry Specific Applications. "With the addition of eFinancials to its other AMSI offerings, Geac is now providing its customers with a comprehensive suite of Web-based software to address the complex needs of the property management industry."

eFinancials is a Web-based property management accounting solution designed to provide property owners and managers the foundation to organize and manage their accounting practices. It stores all business-critical data in a centralized database that allows users to retrieve up-to-date data in real-time via the Web. eFinancials is integrated with AMSI's operations management solutions, providing seamless reporting and auditing functionality and controls.

The addition of eFinancials coupled with enhanced data visibility throughout the AMSI software suite provides owners and managers the ability to view operational and financial data across an entire portfolio. They can harness large amounts of information in order to extract the specific data needed to manage real estate assets for success. Customers can define personal views of that data and take advantage of powerful charting capabilities to make information useful and accessible across the organization.

eFinancials Features

eFinancials is a Web-based property management accounting solution with flexible reporting capability and auditing functionality and control. Among its key features, eFinancials:

- Supports simultaneous cash and accrual-based accounting, partnerships and unique business relationships, different accounting periods for multiple entities, and user calendars that provide reminders for time-critical tasks;

- Makes reporting easy - comes complete with reports designed for property management and the ability to easily customize them to address specific needs;

- Provides drill downs - includes the ability to easily move from summary data to detail data all the way to the transaction level; and

- Makes the most of integration - supports a global vendor file that is shared across multiple entities with a restricted access feature and a departmental accounts and reporting function.

eFinancials joins eSite, ePO, eConcierge and eService as part of Geac's complete AMSI Web-based property management suite.

About Geac

Geac (TSX: GAC, NASDAQ:GEAC) is a global enterprise software company for Business Performance Management, providing customers worldwide with the core financial and operational solutions and services to improve their business performance in real time. Geac's Commercial Systems division specializes in software for construction, property management, payroll and human resources.

Geac Computer Corporation Limited can be found on the World Wide Web at http://www.geac.com/.

For more information, call 813/874-3344 x230 or 508/871-5064.