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GoldMine Software takes the technology innovation lead

Johannesburg, 27 Jul 1999

GoldMine Software, a subsidiary of JSE-listed Ixchange, has announced that its GoldMine 4.0 has been awarded the prestigious 1999 "Win 100" award by CMP Media`s WINDOWS Magazine. GoldMine Software has also been honoured with Software Magazine`s "Hot 500" and Start Magazine`s "Hot 100" recognition for its rapid growth and outstanding contributions in technology.

"GoldMine has built its foundation by delivering affordable, easily deployable solutions to meet the core needs of small- and mid-sized businesses looking to automate their sales, marketing and support teams," said Vance Brown, president of GoldMine. "To be continuously recognised year after year for our success not only in our product family but our excellent corporate culture and fast-growth is something for which we are very proud."

Announced in its July 1999 issue, WINDOWS Magazine awarded GoldMine 4.0 its distinguished "Win 100" Award in the Business Software Category. The issue can also be read online at: http://www.winmag.com/library/1999/0701/cov0045t.htm. WINDOWS Magazine culls the elite 100 from a host of candidates, considers each based on its innovation, ability to meet real business needs, cost-effectiveness, ease of use, and the vendor`s service and support.

WINDOWS Magazine selects the technology that its editors considered to be most influential.

In addition, GoldMine Software Corp. has been named in the "Hottest Companies of 1999" list in Start Magazine`s June issue. GoldMine was one of 62 companies chosen based on products or services provided and fiscal growth over the past three years. Start Magazine`s "Hot 100" list can be found at www.startmag.com.

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GoldMine Software Corporation

In addition, original founders Jon V. Ferrara and Elan Susser have been awarded the coveted 1999 Ernst & Young "Entrepreneur of the Year" award.

GoldMine is the leading supplier of mid-market Sales Force Automation (SFA) software. GoldMine has sold and shipped more than 600 000 user licences since the product was first introduced - a claim no other vendor can make in any segment of the SFA market.

Founded in 1989 by Elan Susser and Jon Ferrara, the company has continually expanded the functionality and the reach of its technology and has received international recognition. In January 1999, GoldMine was ranked as one of the Top 100 Fastest-Growing Windows ISVs in North America by the influential Information Week publication. GoldMine was recognised by Inc. Magazine as one of the 500 fastest growing privately held U.S. companies (#154) in their annual Inc. 500 issue (November 1997) and was listed in Upside Magazine`s annual Hot 100 Private Companies. GoldMine has also been awarded PC Magazine`s Editors Choice for four consecutive years; PC Magazine`s Best Products of 1996 award (January 1997); and PC World`s Best Buy award in October 1997.

Recently GoldMine 4.0 was awarded the 1999 Codie for "Best Enterprise Client-Server Application." The Codie Awards are produced by the Software Publishers Association, and judged by over 1 400 of GoldMine`s software industry peers.

Ixchange

Ixchange is a South African listed company focused on leading the international mid-range customer relationship management (CRM) and supply chain optimisation software markets. The company has entrenched its leadership position in the front-office with its HEAT and GoldMine products, while its ABILITY suite of applications has emerged in South Africa as the market-leading back-office suite for medium sized implementations in the services, distribution and retail sectors. Ixchange is focused on the international market with offices in Swindon (UK), Colorado Springs (US), Los Angeles (US), Sydney (Australia), Johannesburg, Cape Town and Durban.