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Realyst appoints Nigerian reseller

Johannesburg, 28 Sep 2005

Realyst, a leader in the provision of contract risk management solutions, today announced that it has strengthened its presence in Africa with the appointment of Softworks Limited as one of its resellers. "There are numerous opportunities in Africa and specifically within Nigeria," commented Peter Trickey, CEO of Realyst.

"However, to exploit that situation it was essential that we worked alongside a strong and influential company in that country, hence the relationship we have established with Softworks."

Softworks Limited was established in July 2000 to provide software solutions in response to the growing business needs of customers, who are specifically looking to increase their competitive advantage as well as achieve sustainable growth.

Through a unique combination of skills and experience, Softworks is able to offer services ranging from consultancy to turnkey project implementation. The company caters for the special needs of customers in various industry sectors such as banking, oil and gas, manufacturing and public utilities.

Softworks has positioned itself as a `one-stop` software solutions shop for value-added services and solutions through the following competencies:

* Application development services
* E-business services
* Software infrastructure services
* Infrastructure support services

Softworks is a subsidiary of Telnet Nigeria Limited, although it was originally created out of iTECO (Nigeria) Limited, yet another subsidiary of Telnet. Telnet Nigeria Limited was founded in 1985 and commenced operation in 1986 with the mission of providing telecommunication and related services of the highest professional standard. Since then it has become the leading provider of solutions and services in the field of information and communications technology in Nigeria.

For further information, please contact Tony Maddison: telephone +27 11 463 5311, fax +27 11 463 7179, e-mail tmaddison@realyst.com

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Realyst

Contract risk management is a key component of operation, process and risk management in any organisation, and as such, is a significant element of an organisation`s corporate governance responsibility.

Realyst reduces operating risk and potentially increases profit by supplying services and systems to enterprises that enables them to improve governance and compliance through `best practice` contract risk management.

The Realyst customer base includes several large corporate organisations including Discovery Health, Easigas, Foschini, MTN Nigeria, Multichoice, Nike, Primedia and Woolworths.

Editorial contacts

Paul Booth
Global Research Partners
082 568 1179
pabooth@mweb.co.za