MONTREAL, QUEBEC - August 26, 2004 -- Speedware Corporation Inc. (TSX:
SPW), a leading provider of innovative enterprise software solutions and
productivity tools, announced today that, following the acquisition of
certain assets, it is creating a new division focused on software for
manufacturers: OpenERP Solutions, (www.openerpsolutions.com)

Earlier today, Speedware acquired the Enterprise Resource Planning (ERP)
assets of eXegeSys, Inc. of Salt Lake City, Utah, a leading provider of
highly-customizable ERP solutions for the HP 3000 market. Under the
terms of the agreement, Speedware has acquired certain assets from
eXegeSys for US$1.85 million in cash (subject to adjustments). Speedware
is combining this business with recently-acquired ERP technology based
on open source components to create OpenERP Solutions.


full story (watch the wrap)

http://www.speedware.com/news_&_events/press_room/press_releases/pr_detai
ls.html?pr_id=98

or for simplicity

http://tinyurl.com/4txnx
--
Alan Yeo
[log in to unmask]    Just because you're paranoid
Phone +44 1684 291710   it doesn't mean someone isn't!.
Fax   +44 1684 291712

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