Gemcom Software International Inc.
TSX : GCM

Gemcom Software International Inc.

May 31, 2005 22:44 ET

Gemcom Announces the Launch of GEMS 5.5

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 31, 2005) - Gemcom Software International Inc. (TSX:GCM) is pleased to announce the new release of its popular GEMS mining software. Available immediately to Gemcom's worldwide client base, GEMS 5.5 offers a wide range of technical applications that support operations throughout the entire life cycle of a mine.

GEMS is a key component of Gemcom's Mine Production Management Solutions (MPMS), which include a variety of products and services that increase mining productivity, reduce risk, and maximise profitability.

"GEMS 5.5 is a significant milestone for Gemcom," said Omid Ejtemai, Executive Vice President. "This new release includes several innovative features that take GEMS to a new level of quality. Version 5.5 represents the our ongoing commitment to the development of the company's core product."

Among the many new features available in GEMS 5.5 is Pack-and-Go™. This convenient tool enables users to work in the field or from home without having to stay connected to the central database. In just a few simple steps, users can select the data they need to work with and take it with them. When they return, they can share their updated data with other GEMS users.

Another one of the many enhancements in GEMS 5.5 include improved volumetrics reporting. GEMS can now store data more efficiently so that volumetric reports are created up to seven times faster.

"We see our business as a partnership with our clients and always work to understand their changing needs," said Mr. Ejtemai. "Feedback from those using previous versions of GEMS helped us develop GEMS 5.5. We are confident that with tools such as Pack-and-Go, GEMS 5.5
will save users time, increase flexibility, and simplify their workflows."

"In parallel to GEMS 5.5, the development team has been working on GEMS 6.0, which will be unveiled in the near future," said Mr. Ejtemai. "This version of GEMS is central to Gemcom's long term plans and includes a significantly upgraded graphics engine."

More information about this exciting new release will be available soon.

To find out more about GEMS, please visit http://www.gemcomsoftware.com.

About Gemcom

Gemcom is a global provider of Mine Production Management Solutions (MPMS). Established in 1985, the Company delivers technical mining applications, professional services, training, and support. Reliable, timely information provided by Gemcom's MPMS allows for greater control throughout the mine lifecycle, which can translate into significant productivity gains.

Gemcom has a customer base of more than 1000 mine sites in over 90 countries, including such industry giants as Anglo American, BHP Billiton, Codelco, CVRD, De Beers, Noranda, Rio Tinto, and Teck Cominco, which rely on Gemcom's software to facilitate economic decision-making at their operations.

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