Geac's Interealty Signs Its Largest MLXchange Agreement Ever Valued at Approximately US$8.3 Million; 24,000 Realtors served by the Southeast Florida Multiple Listing Service, North America's third largest MLS, to use MLXchange.

The five REALTOR(R) associations served by the Southeast Florida Multiple Listing Service (MLS) have entered into a three-year arrangement worth an estimated US$8.3 million to use Interealty's MLXchange(R) as their MLS system. Interealty(R) is a Geac Computer Corporation Limited (TSX: GAC) company.

The five associations - which include the Realtor Association of Greater Fort Lauderdale; the Realtor Association of Greater Miami and the Beaches; the Realtor Association of Miami-Dade County, Inc.; the South Broward Board of Realtors, Inc.; and the Northwestern Dade Association of Realtors, Inc. - have a combined membership of approximately 24,000 Realtors. More than 130,000 real estate professionals across North America have access to MLXchange today.

"We took a long, hard look at all the available options," said Ed Kolaska, Chair of the Southeast Florida Vendor Selection Taskforce. "In the end, Interealty's solution was the most compelling because it offered the best combination of leading technology, customer service, and support."

The Southeast Florida MLS established its Vendor Selection Taskforce and hired Pranix Consulting in December 2002 to conduct a formal search for their next MLS technology provider. Following product demonstrations in January, the MLS systems from Interealty and one other company were short-listed for another two months of hands-on evaluation before the Taskforce made its final recommendation.

"MLXchange's flexibility was an important factor in our decision," said Larry Rowe, President of the Realtor Association of Greater Fort Lauderdale, the largest Florida association with more than 8,000 members. "The system enables MLS-wide property searches and, at the same time, allows each association to maintain its own unique business rules and restrictions. That level of configurability is crucial to a multi-region MLS like Southeast Florida."

"We're tremendously pleased with Southeast Florida's decision to use MLXchange," said Jim McDevitt, Geac vice president and general manager of Industry Specific Applications. "We pride ourselves on being innovators and offering the best technology, but also on our customer service. Geac continues to benefit from the value it places on nurturing long-term relationships with its customers, and this win is testament to the effectiveness of our customer- centric approach."

Despite the challenges of shifting to an Internet-based business model, Interealty has migrated 40 customer accounts from five different systems to the MLXchange platform in just a year and a half. Southeast Florida is the largest Interealty client still using one of its legacy MLS systems.

"This contract is a significant milestone in Interealty's transition to a more cost-effective way of doing business," said Interealty President Bryan Foreman. "We've still got some challenges ahead of us, but moving to the Web has dramatically improved the efficiency of our operations. We've included dozens of customer requests in four major upgrades since MLXchange's debut less than two years ago - we're able to be much more responsive to our customers' needs than before."

The market for Geac's licenses and services remains highly competitive. Price competition in larger orders has been and remains intense. New license revenue sales tend to be uneven and difficult to predict.

About Interealty

Interealty, a Geac Computer Corporation Limited (TSX: GAC) company, provides a full line of technology tools, services and support to each segment of the real estate industry, including Multiple Listing Services (MLSs), national and regional broker franchises, independent broker owners, and agents. For more than three decades, Interealty has provided North America's largest real estate boards and associations with innovative products like its leading MLS system, MLXchange. Headquartered in Vienna, Va., Interealty has offices throughout North America. Further information is available at http://www.interealty.com/ or through e-mail at info@interealty.com.

About Geac

Geac (TSX: GAC) is a global enterprise software company for Business Performance Management, providing customers worldwide with the core financial and operational solutions and services to improve their business performance in real time. Further information is available at http://www.geac.com/ or through e-mail at info@geac.com.

This press release may contain forward-looking statements based on current expectations. Important factors that could cause a material difference between these forward-looking statements and actual events include those set forth under the heading "Risk Factors" in Geac's Form 20-F for the fiscal year ended April 30, 2003 filed with the United States Securities and Exchange Commission on October 31, 2003, copies of which are available through the website maintained by the SEC at http://www.sec.gov/; and under the heading "Risks and Uncertainties" in Geac's Management Discussion and Analysis for the fiscal year ended April 30, 2003 filed with the Canadian Securities Administrators on June 25, 2003 and available through the website maintained by the Canadian Depository for Securities Limited at http://www.sedar.com/. Geac, Interealty and MLXchange are registered trademarks of Geac Computer Corporation Limited. All other marks are trademarks of their respective owners.

CONTACT: Investor Contact: Melody Firth, Geac, (905) 475-0525 x3325, melody.firth@geac.com; Media Contacts: Bryan Foreman, Interealty, (202) 281-4646, bryan.foreman@interealty.com; David Domeshek, Geac, (508) 871-5064, david.domeshek@geac.com