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Canadian Leaders, GE Aircraft Engines and Domtar, Use Smart Software's SmartForecasts for Parts Operations

Belmont, Mass., June 9, 2005 -- Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that GE Aircraft Engines Canada (NYSE:GE) and Domtar (NYSE:DTC), the third largest producer of uncoated freesheet paper in North America, recently purchased its flagship product, SmartForecasts Enterprise. These two Canadian companies will use SmartForecasts in their parts operations to increase demand forecast accuracy and help improve the management of hard-to-forecast spare parts inventories. SmartForecasts meets the specific needs of spare parts management with its patented technology to accurately forecast items with intermittent, or slow moving, demand and optimize safety stock requirements.

GE Aircraft Engines (GEAE), a business unit of GE Transportation (GET), will use SmartForecasts as part of a comprehensive procurement system for the acquisition and inventory management of spare parts at its Bromont, Quebec facility. This facility manufactures high-quality fan and compressor airfoils (blades) for several aircraft engines. With annual sales in excess of US$15 billion, GET is a leading manufacturer of jet engines for civilian and military aircraft, as well as products and services for the rail, marine and off-highway industries.

"Having the right parts available when they are needed is critical to our business and that of our customers," said Benoit Cloutier, director of finance at GET Canada. "We expect that SmartForecasts will help us improve our forecasting and spare parts inventory management and enable us to increase our service levels to better meet the needs of our customers and internal users."

Domtar, a US$4 billion paper manufacturer with 12,000 employees in North America, plans to implement SmartForecasts at its Lebel-sur-Quévillon, Quebec facility in spring 2005. With the help of SmartForecasts, the company expects to reduce its spare parts inventory in a significant manner.

"SmartForecasts is an excellent fit for our requirements," stated Guy Tremblay, vice president of procurement at Domtar. "It will help us achieve our service level goals with a minimum inventory investmenteven for parts with intermittent demand."

Smart Software's Canadian reseller, IMAFS, Inc. of Montreal, was instrumental in making the sales to GEAE and Domtar. It will also provide these firms with additional consulting services to integrate SmartForecasts with its IMAFS-PRO inventory management system and support the combined solution. IMAFS, a software development and consulting firm founded in 2000, provides businesses with comprehensive demand forecasting, planning and inventory optimization solutions that are powered by the SmartForecasts system.

About Smart Software
Founded in 1984, Smart Software, Inc. is a leader in providing businesses with enterprise-wide demand forecasting, planning and inventory optimization solutions. Smart Software's flagship product, SmartForecasts, has thousands of customers worldwide, including midmarket enterprises and Fortune 500 companies, such as Monsanto, Mitsubishi, Siemens, Labatt Breweries, Pfizer, and Coca-Cola. SmartForecasts gives demand planners the tools to handle sales seasonality, promotions, new and aging products, multi-dimensional hierarchies, and intermittently demanded service parts and capital goods items. It also provides inventory managers with accurate estimates of the minimum inventory and safety stock required to meet future orders, thereby ensuring the most cost-effective inventory allocation to achieve desired service levels. Smart Software is headquartered in Belmont, Massachusetts and can be found on the World Wide Web at www.smartcorp.com.

SmartForecasts is a trademark of Smart Software, Inc. All other trademarks are the property of their respective owners.


For more information, please contact Smart Software, Inc., Four Hill Road, Belmont, MA 02478.
Phone: 1-800-SMART-99 (800-762-7899); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

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Media Contacts:
Gregory Hartunian
Smart Software, Inc. gregoryh@smartcorp.com
Tel: 617-489-2743

John Comando
NeedhamGroup johnc@needhamgroup.com
Tel: 781-559-8061

   
   
   
   

   
   
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