Spescom Appoints Longtime Houston Resident to Business Development and Sales Team Veteran Executive to Take Local Lead in Spescom's Expansion Into Oil, Gas and Petrochemical Market SAN DIEGO, June 23 /PRNewswire-FirstCall/ -- Spescom Software Inc. (OTC:SPCO) (BULLETIN BOARD: SPCO) , a leading developer of enterprise content, configuration and change management software solutions for mission-critical industrial applications, today announced the appointment of Jonathan Reed to the Business Development and Sales team. Mr. Reed will play a key role in the expansion of Spescom's customer base in the oil, gas and petrochemical market. Mr. Reed joins Spescom after having worked as an officer of NEON Systems in a variety of senior management roles including Senior Vice President of Business Development and Vice President of Marketing. Prior to NEON Systems Mr. Reed held a number of key marketing and sales management roles at Compaq Computer, BMC Software, and Sybase. A long-time Houston resident, Mr. Reed has significant experience with the Oil & Gas industry and other key vertical markets critical to Spescom's success and is located in Houston, Texas where he is responsible for Spescom's Oil, Gas and Petrochemical business development efforts worldwide. "We are very pleased to have a person of Jonathan's caliber and experience joining our company to develop the marketing and sales efforts into the Oil, Gas and Petrochemical market," commented Carl Mostert, CEO of Spescom. "His appointment is the latest step in our plans to achieve our strategic objectives through investment and expansion of our sales and marketing activities in order to grow revenues. Jonathan's extensive software and hardware industry experience combined with his knowledge of this key vertical market will allow Spescom to make significant progress in delivery of solutions based on the breakthrough technology found in the latest version of our eB product built on Microsoft's .Net platform." About Spescom Software Spescom Software is a developer and marketer of leading-edge content and configuration management software and solutions for complex applications in energy, homeland security, defense and other sectors that provide the unique ability to manage disparate types of content and other data on a single platform. The Company's proprietary eB platform provides extensive enterprise content management (ECM) functionality, together with best-of-breed configuration management capabilities. These capabilities enable the secure capture and storage of both structured and unstructured information, in addition to the ability to organize, control and manage this information. Spescom's eB software solution revolutionizes data management through an innovative new paradigm of data management that re-invents how organizations store, track, access, and use their enterprise's data to maximize efficiency and guarantee accuracy and integrity of the data. Key customers include Constellation Energy, Continental Express, AmerenUE, Cities of Las Vegas and Dayton, Lloyds Register, United Space Alliance, Entergy, Northeast Utilities, London Underground, Network Rail, and many others. The Company is headquartered in San Diego, California, with an international sales and support center in London. Cautionary Statement Except for historical information contained herein, the matters set forth in this release include forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, the effect of the Company's accounting policies, potential seasonality and other risk factors detailed in the Company's SEC filings. For a discussion of additional risk factors relating to Spescom's business, see Spescom's annual report on Form 10-K for the fiscal year ended September 30, 2004 and quarterly reports on Form 10-Q for the quarter ended March, 2005, including the discussion in Management's Discussion and Analysis of Financial Condition and Results of Operations contained therein. Spescom Software Inc. Carl Mostert (CEO)/John Low (CFO), 858-625-3000 Investor Relations: Trilogy Capital Partners, Inc. Paul Karon, 800-342-1467 DATASOURCE: Spescom Software Inc. CONTACT: Carl Mostert, CEO, or John Low, CFO, both of Spescom Software Inc., +1-858-625-3000; or Investor Relations, Paul Karon of Trilogy Capital Partners, Inc., +1-800-342-1467, , for Spescom Software Inc. Web site: http://www.spescomsoftware.com/

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