SOURCE: Spescom Software, Inc.

August 22, 2006 08:00 ET

Spescom Software Announces Alan Kiraly as Chief Executive Officer

SAN DIEGO, CA -- (MARKET WIRE) -- August 22, 2006 -- Spescom Software Inc. (OTCBB: SPCO), a leading provider of enterprise content and configuration management solutions for the regulated public sector markets, today announces the appointment of Alan Kiraly as interim Chief Executive Officer. Since 2004, Mr. Kiraly served as the company's Vice President of Product Development.

"The Board appointed Alan Kiraly as interim Chief Executive Officer based on his expertise, knowledge, and contacts in the content management software industry and his successful launch of the company's first Microsoft .NET platform called the eB product suite," commented Michael Silverman, Chairman of the Board of Directors. "Combined with Mr. Kiraly's customer experience in delivering quality, value-added products to Spescom's target markets will enable the company's continued growth of eB software sales," added Mr. Silverman.

"After 2 years with Spescom, I am extremely impressed with the Spescom customer commitment and the level of customer loyalty achieved by delivering value added net-ready products. I am also very excited about this new assignment and the opportunity to further extend our .NET focus and vision to the market," stated Mr. Kiraly.

Prior to joining the company, Mr. Kiraly was the Chief Executive Officer of Lascom Solutions Inc., the United States subsidiary of Lascom, SA, a French software developer. Before Lascom, Mr. Kiraly held a variety of management positions in product marketing, development and project services at various companies in the software industry including Motiva Software, SDRC, and Spectragraphics. Mr. Kiraly earned a B.S. degree in Mechanical Engineering from Michigan State University in 1983, and Masters of Science in Mechanical Engineering from the University of Dayton in 1986.

About Spescom eB

eB comprises an extensive set of software components that together form the foundation for an extremely flexible and powerful information management platform. eB's components include: content/document management; requirements management; records management; item management; change management; configuration management and workflow. eB® is a registered trademark of Spescom Software, Inc.

About Spescom Software Inc.

Spescom Software (OTCBB: SPCO) delivers enterprise eBusiness solutions that provide rapid access to accurate information in context to assets, products and processes, resulting in improved customer satisfaction, productivity and safety.

Key customers include Constellation Energy, Continental Express, AmerenUE, Cities of Las Vegas and Dayton, Lloyds Register of Shipping, Entergy, Northeast Utilities, Network Rail, and many others.

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

    Alan Kiraly, CEO
    John Low, CFO
    (858) 625-3000