Government of St. Lucia Implements Geac's SmartStream to Reform Financial Management.

ATLANTA--(BUSINESS WIRE)--Dec. 9, 1998--

Geac's Advanced Workflow Capabilities Adapt To Customers'

Changing Needs and Provide Rapid Data Analysis

Geac SmartEnterprise Solutions, a leading provider of enterprise business applications for the services and public sector markets, today announced that the government of St. Lucia has begun implementing its full SmartStream Human Resources and Financial application suites. St. Lucia purchased SmartStream as part of a collaborative effort by the OECS (Organization of Eastern Caribbean States) and the ECEMP (Eastern Caribbean Economic Management Program) project, to reform the Eastern Caribbean governments' financial management systems. As an initial step toward improving government processes, the OECS selected St. Lucia to serve as the pilot country for the overhauling of expense management and planning systems.

"One of the key factors that led us to purchase SmartStream Financials was the application's extensive workflow capabilities," said Isaac Anthony, accountant general of St. Lucia and project director for the financial management reform. "The flexibility of SmartStream's inherent workflow design is enabling our financial system to quickly adapt to our changing needs and more effectively manage our processes. Its `on-the-fly' analysis capabilities enable us to evaluate which processes are most valuable to our operations and eliminate those that do not support our reengineering initiatives. In addition, as part of our systems restructuring, we will be undertaking the full implementation of Geac's human resources applications and expect to realize similar benefits."

SmartStream Financials has been fully implemented by St. Lucia's Treasury Department and a number of other ministries to date, and will eventually be rolled out to all ministries, along with Geac's SmartStream HR suite.

Using SmartStream's workflow capabilities, the government currently manages all payment operations electronically, creating an almost paperless process. For example, invoices are now created, scanned and distributed through the SmartStream system at many of the government's line ministries for online access, verification and approval by the Treasury. As a result, a payment process that traditionally took days or often weeks, now requires only hours using the new system. In addition, the SmartStream system has drastically reduced the chance of human error.

The Government of St. Lucia also plans to utilize SmartStream's Fund Control application, which is tightly integrated with SmartStream Financials, to streamline its budget management processes. The Funds Control application records commitments, allocations and requisitions, automatically restricting expenditures to safeguard users against overspends. Offering strict control over purchase orders, SmartStream ensures that orders are captured and appropriately tracked, a process that was difficult to manage using the governments' traditional manual system.

"With more than 330 customers in the public sector market and 30 years of experience, Geac SmartEnterprise Solutions is uniquely qualified to understand the business challenges facing government organizations worldwide," said Colleen Niven, vice president of worldwide marketing for Geac SmartEnterprise Solutions. "The Government of St. Lucia's success validates SmartStream's ability to dramatically improve business processes and reduce operational costs. Because SmartStream is specifically designed to meet the needs of service-oriented organizations, its robust functionality, advanced flexibility and unique workflow capabilities make it the ideal solution for government organizations."

About Geac

Geac SmartEnterprise Solutions, a division of Geac Computer Corporation Ltd., provides advanced financial, procurement, human resources, reconciliations and reporting analysis systems to mid to large size enterprises looking to streamline business processes and enhance information access within their enterprise. The division was recently formed as a result of Geac bringing the SmartStream client/server division and the EnterpriseServer mainframe division together to offer customers a cohesive enterprise-wide solution.

Founded in 1971, Geac is a provider of mission critical enterprise applications, supplying industry specific software to ten vertical markets as well as cross industry administrative applications comprised of financial, human resources and materials management software. Headquartered in Markham, Canada, Geac has more than 90 offices in 16 countries and serves customers in more than 40 countries worldwide. Geac product and service information is available on the World Wide Web at http://www.geac.com, or through email at [e-mail]. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol: GAC).