Speedware Broadens its Market Reach with Signing of New Legacy Modernization Contracts



    MONTREAL, March 15 /CNW Telbec/ - Speedware Ltd., a subsidiary of
Activant Solutions Inc. and a leading provider of innovative enterprise
software solutions and productivity tools, today announced the signing of two
contracts to provide a range of legacy modernization services for two new
clients, a governmental organization and a large insurance firm. The revenue
from these contracts, which may result in up to $5 million and is subject to
performance and other obligations and contingencies, is based on the sale of
licenses and the provision of support and consulting services over a period of
up to 2 years.
    Legacy modernization is increasing in importance as more companies
realize it is both costly and risky to continue doing business using older
computing environments. Legacy modernization can extend the life of older
systems by maintaining current functionality and protecting the investment in
current business applications while moving to modern technologies that are
more open and powerful. Speedware offers comprehensive modernization solutions
designed to protect companies' investments and enable business continuity as
they move toward newer computing platforms.
    "The natural progression of our work has taken us into legacy
modernization by way of migration," said Andy Kulakowski, General Manager of
Speedware. "Speedware is recognized as a leader in the migration space due to
the success we've had performing 'lift and shift' migrations. Once a decision
to migrate has been made, many customers decide to modernize as well. We can
offer these customers the additional benefits of legacy modernization,
including access to modern computing platforms and databases, graphical user
interfaces, lower maintenance costs and increased productivity."

    About Speedware

    Speedware Ltd., a wholly-owned subsidiary of Activant Solutions Inc., is
a leading provider of enterprise software solutions. The company provides a
complete suite of legacy modernization and migration solutions, business
intelligence tools and application development solutions. Speedware has been
dedicated to helping companies modernize their business applications for over
30 years. With a distribution network spanning 35 countries, Speedware offers
market leaders end-to-end solutions that allow them to react quickly to the
needs of a changing business. For more information, visit Speedware at
www.speedware.com.

    This announcement relating to Activant and Speedware (together the
"Company") may contain statements that are forward looking within the meaning
of the Private Securities Litigation Reform Act of 1995, as amended, such as
statements concerning trends, future revenues, technology, products, services
or contractual relationships, or the Company's execution. These statements are
based on current expectations and are subject to risks and uncertainties which
could materially affect the Company's results, including, without limitation,
market demand for products and technology, the Company's ability to
successfully execute, meet contractual obligations, and satisfy customer
requirements or expectations, the integration and utilization of the Company's
technology and products with technology and products supplied by others,
customer acceptance of the Company's products or services, and the retention
and deployment of skilled service providers. Except to the extent required by
applicable securities laws, we undertake no obligation to update or publicly
revise any of the forward-looking statements. Please refer to our Prospectus
filed on Form S-4/A filed with the Securities Exchange Commission and our
Annual Statement for the fiscal year ended September 30, 2006 which can be
found in the investor relations website at www.activant.com/company/investors
for a full discussion of the risks and other factors.

    Note: Activant, Speedware and the stylized Activant logo design are
registered trademarks Activant Solutions Inc. All other trademarks are the
property of their respective owners.




For further information:

For further information: Dani Knezevic, Speedware Ltd., (514) 747-7007,
ext. 8404, dani.knezevic@speedware.com

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SPEEDWARE LTD.

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