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Spescom eB selected for space shuttle program by United Space Alliance

Johannesburg, 11 Apr 2003

The US operation of JSE-Listed Spescom Limited, Spescom Software Inc, today announced that United Space Alliance (USA), one of the world's leading space operations companies, has selected Spescom's eB integrated document, configuration and records (iDCR) management solution for managing all engineering changes during the development and management of upgrades for the Space Shuttle Program.

This contract will commence during April 2003 on the Cockpit Avionics Upgrade (CAU) project for the Space Shuttle.

Headquartered in Houston, Texas, USA was established in 1996 as a limited liability company and is equally owned by The Boeing Company (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT). It employs over 10 000 people in Texas, Florida, Alabama, California and Washington, DC.

USA manages and conducts space operations work involving the operation and maintenance of multi-purpose space systems, including systems associated with NASA's human space flight program, Space Shuttle applications beyond those of NASA, and other reusable launch and orbital systems beyond the Space Shuttle and Space Station.

As the prime contractor for NASA's Space Shuttle Program, United Space Alliance is responsible for the day-to-day operation and management of the US Space Shuttle fleet.

Spescom's eB was selected by USA following an extensive, competitive evaluation process that focused on out-of-the-box functionality, architecture and security. The eB solution will provide a common environment for defining and managing all documents and data associated with the Cockpit Avionics Upgrade project. eB will enable all parties involved in the project to create, access and share information, ensuring the integrity of information as ongoing changes are made. The benefits of this common environment include enhanced efficiency, visibility and safety.

Carl Mostert, Spescom Software's CEO, commented: "We are excited about this major contract with USA, which further demonstrates the value we bring to our customers and the power of our eB solution. Moreover, we believe that this breakthrough on the Cockpit Avionics Upgrade program could lead to the adoption of eB by other projects -- opportunities we will actively pursue."

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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, EAM, SCM 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.

Key customers include Ocean Energy, Continental Express, AmerenUE, City of Winston-Salem, Sempra Energy, Eastern Municipal Water District, Entergy, Northeast Utilities, London Underground, Network Rail (Railtrack), and many others.

Spescom

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

Spescom Limited is publicly listed on the JSE Securities Exchange, South Africa. Spescom Software Inc is publicly listed on the NASDAQ OTCBB : ALTS.OB.

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.

Editorial contacts

Deirdre Blain
Blain & Associates
(011) 699 6700
deirdre@titanbusiness.co.za