SOURCE: Spescom Software, Inc.

April 10, 2006 08:00 ET

South African Airways Selects Spescom eB for Corporate Compliance Management

New International Marketing and Service Partner, DocQNet, Places Initial Order

SAN DIEGO, CA -- (MARKET WIRE) -- April 10, 2006 -- Spescom Software, Inc. (OTC BB: SPCO) a leading provider of enterprise content and configuration management solutions, announced today that DocQNet, a South African systems integrator, is a new strategic partner for the Sub-Saharan Africa Region. DocQNet placed initial orders for $264,000 of new business opportunities for Spescom, including South Africa's largest domestic and international airline, South African Airways (SAA).

DocQnet developed a powerful corporate compliance management application using the extensive functionality of Spescom's eB software suite. South African Airways and the Gauteng Provincial Department of Transport have implemented this solution and a new project for corporate compliance management is also underway on behalf of the Botswana Development Corporation in Gaborone. In addition to new business, DocQnet will support existing Spescom customers, like De Beers Consolidated Mines, Denel Aviation, ABSA and SAAB Grintek.

"Given the many important Spescom customers and new opportunities in the South African region, we are fortunate to have a skilled and professional organization like DocQnet as a key international partner," said Keith Stentiford, CEO Spescom Software. "This new relationship with DocQnet is a perfect example of how Spescom is expanding its market reach through strategic partnerships, domestic and international, especially with the results for Spescom that DocQnet has already demonstrated. In addition to immediate sales to marquee clients, DocQnet has also proven how Spescom eB may be used effectively to address the fast growing market of corporate compliance management."

Mike Rolfe, CEO of DocQnet, added, "The class-leading power and flexibility of Spescom eB has created tremendous market opportunity for DocQnet. The South African economy is expanding at a record rate, offering an enormous scope for the delivery of high quality solutions based on eB, as SAA and others are discovering."

About DocQnet

DocQnet International, located in Strathavon, Gauteng South Africa is an organization that provides solutions consistent with the Electronic Communications and Transactions (ECT) Act. The ACT enables companies to store documents electronically in a digitized format rather than keeping these documents in physical files. This enables cost savings in storage, faster retrieval of information and the ability to analyze the indexed documentation. DocQnet has positioned itself in the three domains that enable the corporation to maximize the benefits of the ECT Act: Electronic Document Management; Electronic Document Distribution and Delivery; Email Management and Vaulting. Its solutions can be implemented stand-alone or totally integrated in order to achieve the ultimate objective of managing all unstructured documentation entering or leaving the organization. DocQnet is fully committed to the ICT Charter for Black Economic Empowerment.

About Spescom Software

Spescom Software (OTC BB: SPCO) is a leading provider of enterprise content and configuration management solutions. Spescom's advanced software captures, manages and controls all enterprise content in context to the assets, products and processes that it relates to, resulting in improved customer satisfaction, productivity and safety. It achieves this through a tightly integrated suite of document, configuration and records management technologies, combined with a powerful workflow capability that enables the identification of all critical enterprise information, the effective management of change and other business processes and the maintaining of records to ensure regulatory compliance. Spescom, a Microsoft Gold Partner, leverages the Microsoft technology to meet the stringent reliability, throughput and scalability requirements for these highly regulated markets.

Key customers include Entergy, NuStart Energy, Constellation Energy, Continental Express, Ameren UE, City of Dayton, Lloyds Register of Shipping, United Space Alliance, Northeast Utilities, London Underground, Network Rail, Aker Kvaerner, City of Las Vegas, City of Winston Salem, Fayetteville Public Works Commission and many others.

Cautionary Statement

Except for historical information contained herein, the matters set forth in this release include forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, the effect of the company's accounting policies, potential seasonality and other risk factors detailed in the company's SEC filings.

Contact Information

  • Contact:
    Spescom Software, Inc.
    Keith Stentiford, CEO
    John Low, CFO
    Tel 858-625-3000

    DocQnet Systems International (Pty) Ltd
    Mike Rolfe, CEO
    Tel +27 11 258-8150

    Investor Relations for Spescom
    Ron Both/Geoffrey Plank
    Liolios Group, Inc.
    Tel 949-574-3860