EDB Business Partner Norge AS Invests US$580,000 With Geac to Enhance its ASP Service to Nordic Banks.

PR Newswire Europe, January, 2006

LONDON, January 18 /PRNewswire/ --

- Major Nordic Outsourcer to Provide Customers With Corporate Performance Management Capabilities

Geac(R) (TSX: GAC ; NASDAQ: GEAC), a global enterprise software company, today announced a new US$400,000 contract and a renewal of an existing maintenance and support contract worth US$180,000 with one of its customers in Norway. EDB Business Partner Norge AS (EDB) is an ASP (Application Service Provider) which provides a range of outsourced services across the Nordic region - processing 40 million transactions a day. Amongst its portfolio of services it provides 57 Nordic banks with access to its mainframe-based finance system - Millennium, from Geac. Under the new contract it will provide 600 users with web-based...

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