Beacon Equity Research Initiates Profile Coverage on Spescom Software Inc. With a Speculative Buy Rating


DALLAS, May 2, 2005 (PRIMEZONE) -- Beacon Equity Research today announced it has initiated profile coverage on Spescom Software Inc. (OTCBB:SPCO) with a Speculative Buy rating. The report is authored by Senior Investment Analyst, Shailesh Dhuri, CFA.

In the report Mr. Dhuri writes, "Spescom Software Inc. is an emerging leader in the Enterprise Content Management (ECM) sector. Spescom is the developer of the world's first integrated document, configuration and records management (iDCR) software package. The Company's proprietary eB platform provides extensive ECM functionality, together with next-generation configuration management capabilities incorporated into a tightly integrated and flexible software suite.

Spescom's content and document management technology, with the configuration management capability, provides an extremely powerful and unique solution to large, blue chip businesses.

The Company's solutions and products are based on eB, which is an integrated suite of collaborative document, configuration and records management software solutions. eB supports engineering, procurement and construction contractors with their project documentation and configuration management requirements. It helps operators to manage the configuration of the plant and documents during the operations and maintenance phase. The eB architecture uses technologies provided by Microsoft, Oracle and others."

To view this report in its entirety, please visit:

http://BeaconEquityResearch.com

Registration is free.

Beacon Equity Research, LLC is a fee-based, comprehensive investment research firm, focusing primarily on the underserved small-cap sector. All Beacon analysts are seasoned industry professionals and adhere to the CFA Institute's (CFAI) stringent ethics and standards of practice guidelines. All research reports are authored by a Certified Financial Analyst (CFA), one of the most prestigious professional designations awarded in the financial industry. Beacon Research does not have any investment banking relationships with any of the companies covered, thereby eliminating a common conflict of interest between the research analyst and the company being covered. All analysts are compensated prior to performing their investment research and are not compensated in any way based on the future performance of the equities they follow. Beacon Equity Research has been compensated eighteen-thousand dollars for a one year enrollment in its research program. All opinions and conclusions are solely those of the analyst who prepared the report. The authoring analyst utilizes a host of publicly available information, which Beacon can make no representations to regarding the accuracy of. No information contained in this report should be construed as either a solicitation to buy or sell any securities listed or mentioned. Beacon Equity Research is not a registered broker/dealer. Investors are encouraged to visit http://BeaconEquityResearch.com, or email us at info@BeaconEquityResearch.com for more information regarding our company policies.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to be materially different from those projected. Such risks may include, but are not necessarily limited to, changes in general economic conditions and other business considerations described more specifically in Spescom's Securities and Exchange Commission filings.



            

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