News

Enghouse Signs Long-Term Agreement with IBM Japan

Markham, Ontario (November 29, 2000) - Enghouse Systems Limited (TSE:ESL) today announced that it has signed a multi-year maintenance support agreement, until March 31, 2005, with IBM Japan valued at over $24 Million CDN. The agreement reinforces both parties ongoing relationship based upon Enghouse products.

The agreement covers enhancement and support for Enghouse's GeoNet GIS engine, which forms part of an operations support system (OSS) jointly developed by Enghouse, IBM Japan, and NTT Comware for Tokyo based NTT, one of the world's largest telecommunications companies.

Andrew Nellestyn, President of Enghouse's Asset Management Division, said, "We are very pleased with this agreement, as it strongly emphasizes the ongoing relationship IBM and NTT have made with us. We look forward to further business from these premier clients."

Steve Sadler, Chairman & CEO of Enghouse added, "We're happy that IBM Japan has made this long-term agreement with Enghouse. It will enable us to effectively plan our resources in order to provide superior service to this important customer."

Enghouse Systems Limited is a world leading software engineering company that develops GIS based solutions for telecommunications companies, utilities, and government.
For further information please contact:

Neil C. Shafran
Executive Vice President
Corporate Development
Enghouse Systems Limited
Tel: +1 (905) 946-3200
E-mail: nshafran@enghouse.com