Speedware Continues to Broaden its Market Reach with Signing of New Contracts



    MONTREAL, July 22 /CNW Telbec/ - Speedware Ltd., a subsidiary of Activant
Solutions Inc. and a leading provider of IT modernization solutions and
productivity tools, today announced the signing of two new contracts, one to
provide audit services for two IT modernization projects and the other for
application support services. These contracts represent new IT services for
Speedware, as the company continues to broaden its market reach.
    Legacy modernization is increasing in importance as more companies
realize that it is both costly and risky to continue doing business using
older computing environments. 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. However, the complexity of modernization projects can
lead to project delays, cost increases and project failure. Speedware's
modernization project audit services are designed to provide an objective,
third-party evaluation of a project's health and recommendations for
improvements across a variety of key areas, all focused on producing a
successful project result. Speedware's recently-signed contracts will provide
two modernization audits for a large government organization that is currently
engaged in extensive modernization projects.
    Speedware's second contract is for the provision of application support
services to an Illinois-based electronics firm. For a variety of reasons, more
and more organizations are choosing to outsource their application support.
Outsourced application support is a solution for companies that are having
difficulty finding trained resources or want to deploy their existing
resources on internal projects that are strategic to the growth or enhancement
of their business.
    "We are a one-stop IT source for our customers," said Andy Kulakowski,
General Manager of Speedware. "We supply comprehensive modernization solutions
to our customers, and often hear about their related IT needs, such as
application support. Many customers also call on us when they have undertaken
a modernization project themselves and need help with certain challenges. It
is a natural extension of our solution portfolio to offer application support
and modernization project audits."

    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, migration and application portfolio
management 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 Quarterly
Report on Form 10-Q for the period ended March 31, 2008 and our Annual Report
on Form 10-K for the year ended September 30, 2007, which have been filed with
the Securities Exchange Commission and can be found through the Activant
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

Organization Profile

SPEEDWARE LTD.

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