ISACSOFT announces major cost savings



    MONTREAL, June 15 /CNW Telbec/ - ISACSOFT (TSX: ISF) announced today that
as part of its objective to become more cost efficient, it will be moving its
head office and software development facilities into less costly spaces as of
June 22nd 2007.
    ISACSOFT has come to an agreement with current landlord to relocate its
software development facilities into smaller spaces within the multimedia
sector of Montreal while relocating the head office personnel in the same
building as its Versalys training division.
    Estimated savings, net of leasehold improvements, over the life of the
term should reach $1,032,000. Average yearly estimated savings for years 2008
to 2010 should reach $269,000.
    "This new initiative will provide ISACSOFT with major costs reductions in
the next following years and shows our commitment to the creation of value for
our shareholders" said Ronald Brisebois, Chairman, President and CEO ISACSOFT
INC.

    ABOUT ISACSOFT

    ISACSOFT is a provider of software business solutions, information
technology-training and systems integration consulting to its national and
international customers. The revenue model is based on software licences,
recurring maintenance revenues and strategic IT projects targeting key
customers and training. ISACSOFT is headquartered in Montréal, Canada with
offices in Québec City, Paris, London, Cologne and The Hague.

    FORWARD-LOOKING STATEMENTS

    Certain statements made in this news release are forward-looking and are
subject to important risks, uncertainties and assumptions. The results or
events predicted in these forward-looking statements may differ materially
from actual results or events. These statements do not reflect the potential
impact of any non-recurring items or of any dispositions, monetization,
mergers, acquisitions, other business combinations or other transactions that
may be announced or that may occur after the date hereof. Other factors that
could cause results or events to differ materially from current expectations
include, among other things: general economic factors, adoption rate of our
solutions by clients, signing contracts, response to industry's rapid rate of
change, competition, pricing, operating results, acquisitions, material change
in our strategic relationships, exposure under contract indemnities, defects
in software, security and privacy breaches, loss of key personnel, our ability
to protect intellectual property, infringement claims on our intellectual
property, and industry and government regulation. For additional information
with respect to certain of these and other factors, refer to ISACSOFT Inc.'s
Annual Report (Management's Discussion and Analysis) filed with the Canadian
securities commissions.

    THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS NEWS RELEASE REPRESENT
THE EXPECTATIONS OF ISACSOFT AND ITS SUBSIDIARIES AS AT JUNE 13, 2007 AND,
ACCORDINGLY, ARE SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER, ISACSOFT AND ITS
SUBSIDIARIES DISCLAIM ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY
FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE
EVENTS OR OTHERWISE.
    %SEDAR: 00015181EF




For further information:

For further information: Ronald Brisebois, President and Chairman of the
Board, ISACSOFT INC., ronald.brisebois@isacsoft.com

Organization Profile

ISACSOFT INC.

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