Press Release

FOR IMMEDIATE RELEASE Ref. #NRE2005-11

TECSYS Reports 38% Annual Revenue Growth in Fiscal 2005

Revenue Growth of 49% in Q4

MONTREAL, June 21, 2005 — TECSYS Inc. (TSX: TCS), a leading Supply Chain Management (SCM) software company, announced today its financial results for the fourth quarter and for fiscal 2005 ending April 30, 2005. All dollar amounts are expressed in U.S. currency and are reported in accordance with Canadian Generally Accepted Accounting Principles (GAAP), and are unaudited.

TECSYS' total revenues for the three months ended April 30, 2005, grew 49% to $8.1M from $5.5M in Q4 of the prior fiscal year. The company's product revenues for the reporting quarter also grew 76% to $3.4M from $1.9M in the comparable quarter. Operating costs increased by 40% to $3.6M from $2.6M in the comparable quarter. Earnings from operations for the fourth quarter were $174K compared to $246K in Q4 of the prior fiscal year. Net earnings for the current quarter, after accounting for an exchange gain of $119K, were $334K compared to $361K in the comparable quarter of last year. During the fourth quarter, basic earnings per share were $0.02 compared to basic earnings per share of $0.03 for Q4 of fiscal year 2004.

For the twelve months of fiscal year 2005, the company's revenue was $24.3M compared to the previous fiscal year's revenue of $17.6M, or a revenue growth of 38%. Earnings from operations for fiscal 2005 were $465K compared to earnings from operations of $463K for fiscal 2004. Net earnings for fiscal year 2005, after accounting for an exchange loss of $284K, were $334K compared to net earnings of $415K in the prior fiscal year. This resulted in a basic earnings per share of $0.02 in fiscal year 2005 compared to a basic earnings per share of $0.03 in fiscal year 2004. The 6% rise in the cost of the Canadian dollar compared to the previous year’s average impacted the business by a total of $713K including the $284K foreign exchange losses specifically reflected on the income statement.

TECSYS continued to maintain a strong cash position, generating $768K from operations, investing $2.6M in acquisitions and the repurchase of common shares for cancellation and ending the year with $7.3M. Days sales outstanding (DSO) was 70 days at the end of April 30, 2005.

Several key milestones were achieved in the fourth quarter:

• The acquisition of Application Solutions Inc. (now the Logistics Management Group of TECSYS Inc.)
• The acquisition of Symplistech Inc. (an SAP consulting practice)
• The launch of TECSYS Europe Limited

"Fiscal 2005 has been an exciting year," said Peter Brereton, President and Co-CEO of TECSYS Inc. "We strengthened our leadership in the enterprise supply chain solutions space, with the addition of an I-Series based WMS division, and an SAP consulting practice focused in distribution. We increased our global presence with the launch of our German and Portuguese product lines and the establishment of TECSYS Europe Limited. We believe that our increased platform and geographic reach combined with the synergistic strengths of our operating divisions leave us well positioned for the opportunities ahead."

TECSYS won eight new accounts in the quarter including:

• A full service food distributor in the great lakes region
• One of the largest U.S. hospital networks
• A manufacturer/distributor of foot health products in the Northeast
• A distributor of orthotics in Canada
• A large U.S. distributor of engine parts
• A distributor of soil management and conservation products
• An importer and distributor of professional sports products
• A global relocation management company

A number of existing customers continued to upgrade with the company such as:

• A leading 3PL distributor in the healthcare industry
• A global distributor of automotive systems and components
• A distributor of office supplies
• A VAR in the telecommunications and utilities industry

Go-lives included:

• A pool products supplier's locations in Portugal, Spain and Toronto
• A restaurant equipment and supplies industry distributor
• An importer and distributor of first aid kits
• A distributor of Italian cheese and frozen pasta products

About TECSYS

TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software. The company's customers include about 600 mid-size and Fortune 1000 corporations in healthcare, giftware, office products, third-party logistics, and general wholesale high-volume distribution markets. TECSYS’ shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

Contacts

Solutions and general info: info@tecsys.com
Investor relations: investor@tecsys.com
(514) 866-0001 or (800) 922-8649

The statements in this news release relating to matters that are not historical fact are forward looking statements that are based on management's beliefs and assumptions. Such statements are not guarantees of future performance and are subject to a number of uncertainties, including but not limited to future economic conditions, the markets that TECSYS Inc. serves, the actions of competitors, major new technological trends, and other factors beyond the control of TECSYS Inc., which could cause actual results to differ materially from such statements. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.