Asia PR News

BELLEVUE, Wash., July 27 /PRNewswire/ –

Corum Group is proud to announce the acquisition of its client, Surpac
Minex Group by Gemcom Software International. Surpac Minex is one of the
leading providers of software for the global mining industry. "This
acquisition is a highly strategic industry consolidation move by these two
organizations. It unites two of the leading companies in the global mining
software industry with highly complementary products, markets, distribution
channels and combines exceptional expertise," explains Miro Parizek, Corum’s
International Managing Director.

Gemcom Software International is a Toronto Stock Exchange publicly listed
company headquartered in Vancouver, Canada. The vendors received gross
consideration, by way of pre-acquisition dividends, cash and Gemcom shares, of
approximately CAD$28.4m.

Tim Moore, former chairman of Surpac Minex Group and now a director of
Gemcom Software International, said, "It was invaluable to have access to
Corum’s depth of experience in representing vendors of software companies. All
Surpac Minex shareholders gained from the Corum team’s astute counsel."

About Surpac Minex Group:
Surpac Minex is a global leader in the development and provision of mining
software, including mine planning, engineering, geology, surveying, mineral
exploration and resource modeling software. With more than 30 years experience
in mining, in any extractable commodity and all methods of mining, Surpac
Minex is at the forefront of technological advancements in mine planning, 3D
visualization and geological modeling. Surpac Minex has operations in
Australia, Canada, Chile, China, Ghana, India, Poland, Russia, South Africa
and the United Kingdom.

About Gemcom Software International:
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 1,000 sites in over 90 countries,
including such industry giants as Anglo American, BHP Billiton, Codelco, CVRD,
De Beers, Newmont, Rio Tinto and Teck Cominco.

About Corum:
Corum Group is the premier provider of M&A services to software and
information technology companies worldwide. With eight offices globally, Corum
has completed over $5 billion in transactions in 16 countries in its 20-year
history, and publishes the software industry’s most widely distributed M&A
research. Corum is built and staffed by highly experienced former CEOs, who
are supported by the industry’s leading researchers, writers and valuators.
The company has spent more than $20 million to build the world’s largest IT
database of software companies worldwide (with over 70,000 contacts) to help
ensure unparalleled success in client engagements. For more information visit
www.corumgroup.com .

SOURCE: Corum Group

CONTACT: Robin Nelson of Corum Group
+1-425-455-8281

Web site: http://www.corumgroup.com