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Spescom eB selected by world-leading Bechtel engineering-construction group

Johannesburg, 30 Jan 2003

Spescom Software Inc, the US subsidiary of Spescom Ltd., today announced that Bechtel National Inc has purchased a site licence valued at approximately $500 000 for the use of Spescom's eB software suite during the design, construction and start-up phases of a nuclear Waste Treatment Plant (WTP) being built at the Department of Energy's Hanford site in Washington.

Bechtel National Inc is part of the Bechtel group, one of the world's largest engineering-construction companies with over 50 000 employees active on 950 projects in 67 countries.

In terms of the site licence, all users, estimated to be over 2 000, involved with the WTP project will have access to eB. The comprehensive integrated document, configuration and records management capabilities of eB will enable Bechtel to manage all the information regarding the plant throughout its lifecycle and ensure with stringent demands.

Bechtel is the main Department of Energy contractor on the Hanford WTP project, a 10-year, multibillion-dollar contract that was awarded to Bechtel in December 2000.

The WTP will transform liquid radioactive waste, currently stored in 177 huge underground tanks, into a stable glass form, using a process known as vitrification. Once immobilised, the high-level radioactive waste will be shipped to a federal geological repository for permanent disposal.

Carl Mostert, Spescom Software CEO, stated: "The selection of eB by Bechtel for this high profile project again demonstrates the value we bring to organisations involved in the design, construction and operation of complex assets and products. This contract award is very important to us as it not only confirms our market positioning but also enhances our credibility with Bechtel and the DOE. "

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Spescom

Spescom is a multi-national technology innovator with direct operations in the US, UK and SA.

The group is publicly listed on the JSE Securities Exchange SA (Spescom Ltd), and on the Nasdaq OTCBB : ALTS.OB (Spescom Software Inc).

Spescom addresses the information and communications technology market providing both products and solutions to connect to the network economy, as well as enterprise software to manage information and knowledge.

Specifically, Spescom provides solutions in the areas of access network; enterprise information management; multimedia transaction recording; broadcast; customer contact centres; and test and measurement.

Spescom markets its products worldwide through appointed partners and distributors under the eB brand for its enterprise software, and the DataVoice brand for its multimedia transaction recording solutions.

Spescom's global customer base consists of multi-national organisations including leading enterprises in the utilities, telecommunications, transportation, financial, banking and insurance sectors.

Worldwide, customers include Siemens, British Telecoms, Network Rail (formerly Railtrack), Lloyds of London, Barclays Bank, Abbey National Bank, WH Smith, Caterpillar, Bechtel, AmerenUE, Entergy, Bombardier, Ocean Energy, Sempra Energy, Telkom, SABC, Old Mutual, Eskom, Transnet, First National Bank.

For more information on Spescom, please visit www.spescomsoftware.com and www.spescom.com.

Spescom eB

eB is a registered trademark of Spescom Software Inc. eB comprises an extensive set of software components that together form the foundation for an extremely flexible and powerful information management platform. eB's components include: document management; requirements management; records management; item management; change management; configuration management and workflow components. These components are tightly integrated with CAD, GIS, office and email applications to capture and view information. The full functionality of eB is available via a set of APIs that enable the rapid definition and deployment of customer specific solutions and integration with other line-of-business applications including ERP, CRM, SCM, maintenance management and project management products.

Spescom Software Inc

Spescom Software (OTCBB: ALTS) delivers enterprise e-business solutions that provide rapid access to accurate information in context to assets, products and processes, resulting in improved customer satisfaction, productivity and safety. It achieves this through a tightly integrated suite of document, configuration and records management technologies that not only allows it to capture and securely store information, but also organises and structures this information to place it in context.