Spescom's U.S. operation awarded $1M plus contract

JOHANNESBURG (01/14/2004) - Spescom Software Inc., the U.S. operation of JSE-listed Spescom Ltd., has won a contract, valued in excess of US$1 million, with a leading U.S. power utility.

The deal is for an enterprise licence for Spescom Software's eB nuclear proprietary software suite, which provides an integrated platform for information management. Spescom estimates that approximately 15 percent of U.S. nuclear power plants have adopted eB Nuclear since its launch in 2002.

"The utility selected eB Nuclear after an intensive competitive evaluation process because of its extensive document and records management capabilities, as well as configuration management functionality," says Carl Mostert, CEO of Spescom Software.

"This contract win is a further endorsement for our products and solutions. It serves to entrench market acceptance of the product. We are the first company in the Enterprise Content Management space that provides the means to manage both content -- in all its forms -- and the artefacts to which the content relates.

"We are pleased that our vertical market focus and packaging of solutions, as evidenced by our eB Nuclear offering, is proving successful. We intend to continue to develop our efforts in this regard," Mostert adds.

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