Spescom Awarded $500,000 Contract for eB Nuclear

Spescom Software, Inc. (OTC BB: SPCO), a leading provider of enterprise content and configuration management solutions, announced that NuStart Energy Development, LLC, in a cooperative agreement with the U.S. Department of Energy (DOE), has selected Spescom eB to support its efforts in licensing the next generation of nuclear power plants.

The initial contract, valued at approximately $500,000, will provide a system to support NuStart in preparing its license application to the U.S. Nuclear Regulatory Commission. The application is for a combined construction and operating license for new plants.

"The selection of eB Nuclear by NuStart Energy affirms that Spescom will play a significant role in the revival of nuclear energy in the U.S.," said Spescom Software CEO, Keith Stentiford. "Working closely with our nuclear customers has allowed us to deliver best-of-class solutions for the nuclear industry. We are looking forward to participating in this important initiative to make the U.S. more energy independent."

NuStart Energy is comprised of a number of member companies, including Constellation Generation Group, LLC; Duke Energy Corporation; EDF International North America, Inc.; Entergy Nuclear, Inc.; Exelon Generation Company, LLC; Florida Power & Light Company; and Progress Energy and Southern Company Services, Inc.

NuStart Energy leads the NuStart Energy Consortium, which includes two reactor vendors and the Tennessee Valley Authority (TVA). The consortium has submitted a proposal to the U.S. Department of Energy (DOE) in response to the DOE's invitation to participate in a new licensing government/industry cost-sharing licensing process.

General Electric Company (GE) and Westinghouse Electric Company, LLC are the two reactor vendors, and are under subcontract to NuStart Energy Development.

The NuStart Energy Consortium is the largest of five consortiums or utilities currently working with the DOE on license submittals. NuStart Energy Development is based in Kennett Square, Pennsylvania, at the headquarters of NuStart Energy member Exelon Generation Company. http://www.nustartenergy.com/Consortium.aspx.

About Spescom Software

Spescom Software is a leading provider of enterprise content and configuration management solutions. Spescom's advanced software captures, manages and controls all enterprise content in context to the assets, products and processes that it relates to, resulting in improved customer satisfaction, productivity and safety. It achieves this through a tightly integrated suite of document, configuration and records management technologies, combined with a powerful workflow capability that enables the identification of all critical enterprise information, the effective management of change and other business processes and the maintaining of records to ensure regulatory compliance.

Key customers include Constellation Energy, Continental Express, AmerenUE, City of Dayton, Lloyds Register of Shipping, United Space Alliance, Entergy, Northeast Utilities, London Underground, Network Rail, Aker Kvaerner, City of Las Vegas, City of Winston Salem, Fayetteville Public Works Commission and many others. www.spescomsoftware.com

About Spescom eB

eB® is a registered trademark of Spescom Software, Inc. (OTC BB: SPCO). eB comprises an extensive set of software components that together form the foundation for an extremely flexible and powerful information management platform. eB's components include: content/document management; requirements management; records management; item management; change management; configuration management and workflow. These components are tightly integrated with leading CAD, GIS, office and email applications to capture, store and view information. The full functionality of eB is available via a set of API's that enable the rapid definition and deployment of customer specific solutions and integration with other line-of-business applications including ERP, EAM, SCM and project management products.

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.

Contact: Keith Stentiford CEO John Low CFO Spescom Software, Inc. Tel 858-625-3000 Ron Both/Geoffrey Plank Liolios Group, Inc. Tel 949-574-3860