Spescom Announces Release of Major New Generation of eB Software Platform, Further Extending Industry-Leading Power and Flexibility.

SAN DIEGO -- New eB Version 14 Incorporates Industry Standard Microsoft.NET Framework, Provides Streamlined Access and Integration across Complex Computer Systems

Spescom Software Inc (OTCBB:SPCO), a developer of next-generation enterprise software solutions that organize and manage widely disparate computer data for the world's most complex organizations, today announced the release of a major new version of its next generation enterprise information management software platform, eB Version 14. The new version is based on the industry standard Microsoft.NET enterprise software framework to provide platform-independent connectivity and interoperability.

eB Version 14 supports the increasingly important market requirement of the information technology industry known as Service Oriented Architectures (SOAs). This architecture enables the effective communication and sharing of data between disparate computer systems. The new release of Spescom's eB software signifies a major milestone and direction for the Company, and forms the platform on which Spescom will base all future applications and solutions for the global multi-billion-dollar Information Management markets that the company addresses.

The new release extends the already extensive enterprise content and configuration management functionality of the current eB platform using the latest Microsoft.NET framework to add critical Web service and XML standards. These new standards enable both new and existing applications and systems the capabilities to powerfully connect with software and services across many platforms and programming languages. By embracing .NET, Spescom Software extends eB's capabilities to access and share information, streamline the integration with other enterprise systems, and further accelerate it's already industry leading speed of deployment.

"Spescom is taking the lead in offering an integrated, feature-rich XML Web Service-enabled enterprise content and configuration management platform that meets the needs of next-generation applications and provides new levels of functional connectivity," said Carl Mostert, CEO of Spescom Software. "As a result, businesses will be able to develop content-rich applications that deliver information when and where it is needed to empower business partners, suppliers and employees to make better decisions, faster."

Existing customers of the eB software platform said the new version provides valuable new capabilities for mission-critical data management applications across their enterprises. "We are planning to make extensive use of the enhanced capabilities and architecture of eB Version 14," said Janice Hoerber, IT Manager, AmerenUE, an early adopter of the 14 platform. "eB forms one of the core technologies on which we will be deploying a range of applications for managing the configuration and all associated documents related to our Callaway nuclear power plant. We believe that eB will enable us to streamline our business processes by consolidating and integrating multiple applications in a common environment. This will result in improved operational effectiveness and regulatory compliance."

Spescom's proprietary eB software platform is a proven information management solution with the unique ability to powerfully and clearly coordinate multiple types of structured and unstructured computer data through a single unified software platform. The eB software enables not just the consolidation of millions of pieces of data across multiple computing and software systems, but also has built-in business process rules for the effective management of change - a critical need for complex environments such as nuclear power plants, large military applications, as well as a range of other industrial applications.

For example, Spescom recently announced winning a contract to deploy its eB software to manage key aspects of the United Kingdom's entire fleet of naval submarines, in partnership with one of the world's largest defense contractors.

Spescom's eB software enables the identification and management of content and data in all its forms, such as documents, images, emails, CAD, audio, video, and others. In addition, the software enables the identification and management of the items that the content relates to. This includes the products, assets, requirements, processes, projects and other information that typically constitute the elements that people in an organization are working on. The ability to manage content in context to what that content relates to is a key differentiator of eB, compared with products from other enterprise content management vendors. Spescom's eB solutions enable users to manage their changing content universe far more effectively, by both predicting the full impact of any proposed change, but also by streamlining many other business processes, such as master equipment list management, corrective action management, contracts management, and other processes. General availability of eB Version 14.3 is scheduled for July 2005.

About Spescom Software

Spescom Software is a developer and marketer of leading-edge content and configuration management software and solutions for complex applications in energy, homeland security, defense and other sectors that provide the unique ability to manage disparate types of content and other data on a single platform.

The Company's proprietary eB platform provides extensive enterprise content management (ECM) functionality, together with best-of-breed configuration management capabilities. These capabilities enable the secure capture and storage of both structured and unstructured information, in addition to the ability to organize, control and manage this information. Spescom's eB software solution revolutionizes data management through an innovative new paradigm of data management that re-invents how organizations store, track, access, and use their enterprise's data to maximize efficiency and guarantee accuracy and integrity of the data. Spescom believes its eB platform is the first product capable of providing customers a unique multi-dimensional view of an organization's information, whether it is so-called structured information in a traditional database , or unstructured data that might be in an email, video, pictures or any other kind of information The Company's one-stop solutions provide rapid access to accurate information regarding its clients' assets, products and processes, resulting in improved customer satisfaction, productivity, regulatory compliance and safety. It achieves this through eB's unified suite of document, configuration and records management technologies, based on its powerful proprietary solutions platform. Key customers include Constellation Energy, Continental Express, AmerenUE, Cities of Las Vegas and Dayton, Lloyds Register, United Space Alliance, Entergy, Northeast Utilities, London Underground, Network Rail, and many others. The Company is headquartered in San Diego, Calif., with an international sales and support center in London. For more information, please visit the Company's Web site at http://www.trilogy-capital.com/tcp/spescom/website.html. To view daily and historical stock quote data, and recent Company news releases, please visit http://www.trilogy-capital.com/tcp/spescom. To read or download Spescom's Investor Fact Sheet, please visit http://www.trilogy-capital.com/tcp/spescom/factsheet.html.

Cautionary Statement

Except for historical information contained herein, the matters set forth in this release include forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, the effect of the Company's accounting policies, potential seasonality and other risk factors detailed in the Company's SEC filings. For a discussion of additional risk factors relating to Spescom's business, see Spescom's annual report on Form 10-K for the fiscal year ended September 30, 2004 and quarterly reports on Form 10-Q for the quarter ended December 31, 2004, including the discussion in Management's Discussion and Analysis of Financial Condition and Results of Operations contained therein.