Interealty Signs Five-Year Deal with Barrie and District Real Estate Board

VIENNA, Virginia, January 20, 2005 - The Barrie and District Real Estate Board (Ontario) has entered into a five-year contract to use MLXchange®, Interealty’s industry-leading Multiple Listing Service (MLS) system. Interealty® is a division of Geac® (TSX: GAC, NASDAQ: GEAC).

Under the agreement, Interealty will provide MLS services to approximately 580 real estate professionals in the Barrie, Ontario area. The Barrie and District Real Estate Board, which has used an in-house Vandat-based MLS system since 1992, plans to switch to MLXchange in April 2005.

"We're very pleased with our decision," said Darcy Warner, President of the Barrie and District Real Estate Board. "MLXchange has the advanced functionality we want, and Interealty has a strong track record for successful migrations from legacy systems like ours."

Barrie and District is Interealty’s 47th MLS customer, all of which are currently under contract to use MLXchange. Interealty provides MLS services to several other major Canadian markets, including Hamilton-Burlington, Ottawa, Winnipeg, Edmonton, Calgary, and the greater Vancouver area.

"This latest win says a lot about the high quality of Interealty’s products and customer service," said Bryan Foreman, President of Interealty. "I'm very excited about the momentum we've gained in the Ontario market and look forward to building upon our recent successes there and across North America."

About Interealty

Interealty, a division of Geac (TSX: GAC, NASDAQ: GEAC), 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, Virginia, 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, NASDAQ: GEAC) is a global enterprise software company that addresses the needs of the Chief Financial Officer. Geac’s best-in-class technology products and services help organizations do more with less in an increasingly competitive environment, amidst growing regulatory pressure, and in response to other business issues confronting the CFO. Further information is available at http://www.geac.com or through e-mail at info@geac.com.

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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 license 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 realized. 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, Interealty and MLXchange are registered trademarks of Geac Computer Corporation Limited. All other marks are trademarks of their respective owners.

Media Contact:

Bryan Foreman
Interealty
202.281.4646
bryan.foreman@interealty.com

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