Gemcom Software International Inc.

Gemcom Software International Inc.

June 21, 2011 13:00 ET

Gemcom Extends Presence in Kazakhstan and Central Asia with New Office Opening

Growth of Mining Industry in Region Spurs Demand for Software and Services Solutions

PERTH, AUSTRALIA and ALMATY, KAZAKHSTAN--(Marketwire - June 21, 2011) - Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced it will open an office in Almaty, Kazakhstan on June 24, 2011. Gemcom's software solutions, including Surpac, GEMS, Minex, MineSched and Whittle are already widely used by exploration and mining operations throughout Kazakhstan and Central Asia.

"Gemcom has long been involved in the mining industry in Kazakhstan and Central Asia and has established strong ties with government entities and numerous operations including Kazakhmys, Eurasia Natural Resource Corp., ArcelorMittal and Kazatomprom," said Andrew Pyne, senior vice president, Gemcom AustralAsia. "The new office in Almaty strengthens our local presence, allowing us to work more closely with our clients in their language of choice. It also means our clients will have access to the full range of Gemcom's software and service solutions to drive productivity and additional economic value from their projects."

Central Asia is experiencing growth in mining as it is rich in natural resources. Kazakhstan, for example, according to some estimates, holds the world's second largest uranium, chromium, lead and zinc reserves, as well as significant manganese, copper, iron and gold reserves. It also contains Central Asia's largest recoverable coal reserves, and is an exporter of diamonds. Elsewhere in the region, Uzbekistan ranks as one of the world's top ten gold producers.

"We have been using Gemcom's software products, including Surpac, Whittle and MineSched, since 2007, so it's very exciting to hear a new office will be opening up in Almaty," said Bill Mace, head of department, mining section, Kazakhmys Services Limited. "It will mean much easier access to support and a better user experience for people based in Kazakhstan, which is good news for my team and I. It is also very encouraging to see Gemcom employing all local staff who are very experienced in their mining profession. I'm sure the new office will bring a lot of positive change for the local mining industry in Central Asia."

"As the industry expands in Kazakhstan and throughout Central Asia, mining companies are seeking greater assistance with their geology, engineering and mining operations projects," added Mr. Pyne. "In addition to providing training and support, our team of highly-skilled mining professionals in Kazakhstan is already working with clients and leveraging their depth of knowledge about the local mining industry on numerous projects. Just a few examples of the ways they are helping clients include interpreting geological deposits, developing and optimising mine designs and plans, and scheduling. With the ability to draw upon the resources of Gemcom's global services team, clients have access to expertise that spans all commodities and the mining value chain from exploration through mine production management."

The Kazakhstan office marks the third new office opening for Gemcom's AustralAsia business unit in the last year, joining Ulaanbaatar, Mongolia and Jakarta, Indonesia. In addition to office openings, over the last five years Gemcom has invested $78 million in R&D and acquisitions, representative of the Company's commitment to ensuring clients have the right solutions for their needs.

About Gemcom

When mining companies seek to increase mine productivity, they turn to Gemcom for technology and services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle, and InSite, and to industry thought leaders who are pushing the boundaries of what's possible in mining. Established in 1985, Gemcom has a global reach delivering comprehensive solutions in all major mining centres in more than 130 countries. Every major mining company, including BHP Billiton, Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and strategic acquisitions, the Company has become the largest global supplier of mining software solutions. For more information, visit www.gemcomsoftware.com.

Gemcom, the Gemcom logo and combinations thereof, are trademarks of Gemcom Software International Inc. Surpac, GEMS, Minex, MineSched and Whittle are either registered trademarks or trademarks of Gemcom Software International Inc.

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