Geac Computer Corporation Limited.
Rip Curl Rides Geac RunTime Wave
Sydney, Australia and Markham, Canada, November 8 (ots/PRNewswire)
- Sports and activewear manufacturer purchases innovative product lifecycle management software to improve its global business operations and better meet customer demands
Iconic Australian sports and activewear company Rip Curl Australia Pty Ltd. has purchased product lifecycle management (PLM) software from Geac(R) (TSX: GAC), (NASDAQ: GEAC) to help manage its increasingly complex global operations.
The new PLM system, supplied by RunTime, Geac's specialist division dedicated to the apparel and footwear industry, is expected to substantially reduce Rip Curl's product "time to market." Rip Curl intends to use the RunTime software to manage product concept, design, raw material supply, production, distribution and logistics worldwide. The global implementation will represent a dramatic expansion of Rip Curl's use of RunTime, which previously was limited to Rip Curl's operations in France. The new contract was signed in the second quarter of Geac's 2005 fiscal year.
Rip Curl is a global manufacturer and distributor of sports and activewear. Founded and based in Australia (Torquay, Victoria), the company is geared toward surfers, and prides itself on its many innovations for the surfing community.
"The ability of Geac RunTime to deliver massive improvements in apparel product time to market while significantly reducing operational costs were major reasons for our success at Rip Curl," Dominic O'Hanlon, CEO of Geac ANZ, said. "With over 400 of the world's leading apparel companies using Geac RunTime to manage their operations, the product has proven itself to be an invaluable software solution for the apparel industry."
The Geac PLM system is set to instil greater control over Rip Curl's entire design processes, providing its partners with access to one source of design data, a capability known as "product data management" (PDM). The system also incorporates proactive process workflow capabilities (Quest Workflow Engine) ensuring all parties are automatically updated with any changes to garment designs.
"RunTime has proven itself an effective solution for Rip Curl in France over the past four years," noted Michael Slipsager, Managing Director of Geac RunTime. "We are especially pleased that Rip Curl's positive experience using RunTime, combined with their thorough review of various product options, have given Rip Curl confidence in Geac's ability to meet their global needs."
Geac RunTime software is designed to be operated either in a distributed or centralised environment. It runs on Intel servers and can interface with most ERP and financial software systems. The software runs on multiple databases and can work in a PC or Apple Macintosh client environment.
About Geac
Geac (TSX: GAC, NASDAQ: GEAC) is a global enterprise software company that provides best-in-class technology products and services to help organisations do more with less in an increasingly competitive environment, amidst growing regulatory pressure, and in response to other business issues confronting the CFO. Geac RunTime, which has hundreds of customers in the fashion and apparel industry, develops and sells software for the design and pre-production phases of the manufacturing process, product data management, customer relationship management and sales force automation. Operating in Asia Pacific since 1978, Geac has offices in Australia, New Zealand, Singapore, Philippines, Japan, Hong Kong, Malaysia, China and Thailand. Further regional information is available at www.asiapacific.geac.com. Corporate information is available at http://www.geac.com or through e-mail at info@geac.com.
This press release may contain forward-looking statements of Geac's intentions, beliefs, expectations and predictions for the future. These forward-looking statements often include use of the future tense with words such as "will," "may," "intends," "anticipates," "expects" and similar conditional or forward-looking words and phrases. These forward-looking statements are neither promises nor guarantees. They are only predictions that are subject to risks and uncertainties, and they may differ materially from actual future events or results. Geac undertakes no obligation to update or revise the information contained herein. Important factors that could cause a material difference between these forward-looking statements and actual events include, among other things: our ability to increase revenues from new licence sales, cross-sell into our existing customer base and reduce customer attrition; whether we can identify and acquire synergistic businesses and, if so, whether we can successfully integrate them into our existing operations; whether we are able to deliver products and services within required time frames and budgets to meet increasingly competitive customer demands and performance guaranties; risks inherent in fluctuating international currency exchange rates in light of our global operations and the unpredictable effect of geopolitical world and local events; whether we are successful in our continued efforts to manage expenses effectively and maintain profitability; our ability to achieve revenue from products and services that are under development; the uncertain effect of the competitive environment in which we operate and resulting pricing pressures; and whether the anticipated effects and results of our new product offerings and successful product implementation will be realised. These and other potential risks and uncertainties that relate to Geac's business and operations are summarized in more detail from time to time in our filings with the United States Securities and Exchange Commission and with the Canadian Securities Administrators. Please refer to Geac's most recent quarterly reports available through the website maintained by the SEC at www.sec.gov and through the website maintained by the Canadian Securities Administrators and the Canadian Depository for Securities Limited at www.sedar.com for more information on risk factors that could cause actual results to differ. Geac is a registered trademark of Geac Computer Corporation Limited. All other marks are trademarks of their respective owners.
Contact:
Media Contact - Australia: Dominic O'Hanlon, Geac, tel
+61-2-9875-9101, dominic.ohanlon@geac.com; Investor & Media Contact -
North America: David Domeshek, Geac, tel +1-(508)-871-5064,
david.domeshek@geac.com