News Release

Gemcom Announces Completion Of Acquisition

2008-076

Vancouver, Canada - Gemcom Software International Inc. (TSX:GCM), the largest global supplier of specialised mining productivity solutions, today announced the completion of the plan of arrangement (the “Arrangement”) whereby an acquisition vehicle indirectly owned by affiliates of JMI Equity Fund VI, L.P., Carlyle Venture Partners III, L.P. and Pala Investments Holdings Limited (the "Purchaser"), acquired all of Gemcom's outstanding common shares and Gemcom has purchased all outstanding options to purchase Gemcom common shares.


For shareholders who held their Gemcom shares through a broker, the payment of the purchase price will be processed after the broker deposits the share certificates with Pacific Corporate Trust Company, the Depositary for the transaction, in accordance with the instructions in the letter of transmittal previously sent. For shareholders who held their Gemcom shares in registered form, the payment of the purchase price will be processed after they deposit their share certificates with the Depositary in accordance with the instructions in the letter of transmittal previously sent. For holders of Gemcom options, Gemcom will be mailing payment directly to such holders. Any questions regarding payment of the purchase price, including any request for another form of letter of transmittal, should be directed to the Depositary via telephone at +1 (877) 288-6822 or via email at pacific@pctc.com.


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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 90 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 specialised mining productivity solutions. Gemcom is listed on the TSX under the ticker “GCM.” For more information, visit www.gemcomsoftware.com.


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