Epicor Software Board Of Directors Appoints Chairman George Klaus As CEO And President

Epicor Software Corporation, a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, recently announced that its Board of Directors has re-appointed George Klaus to the role of Chairman, President and CEO of Epicor Software Corporation effective immediately. Most recently, Klaus held the role of Executive Chairman for Epicor. Klaus succeeds Thomas F. Kelly as the Company's President and Chief Executive Officer.

With over 30 years of experience in the high technology industry, Klaus served as Chief Executive Officer for Epicor Software Corporation from February 1996 to February 2008, adding the title of Chairman of the Board in October 1996. During his tenure as Epicor's CEO, Klaus grew the Company's revenue from approximately $30M to half a billion dollars. "George has a long history of restoring shareholder confidence in high technology companies through his strong leadership, and focus on delivering consistent revenue growth and profitability," stated Robert Smith, the Company's Nominating and Governance Committee chair and member of the board. Speaking on behalf of the Epicor board of directors, Smith added, "George's leadership and vision were instrumental in delivering the success and industry leading growth that the Company achieved immediately following the last technology recession in 2002. The board unanimously believes that George is the ideal person to lead the Company at this time and we are delighted that he has agreed to return as the Chairman, President and CEO of Epicor."

With this decision, Tom Kelly, Epicor's President and CEO will be leaving the Company to pursue other interests. Kelly will also be stepping down from his position as a director on the Epicor board of directors. "During one of the most difficult markets we have seen, Tom successfully stepped up to the significant challenges of integrating NSB Retail, re-aligning our services organization and launching Epicor 9," stated Smith on behalf of the Epicor board of directors. Added Klaus, "I cannot thank Tom enough for his dedication, commitment and contribution to the Company and to the great relationship and mutual respect that I have for him over the more than 10 years that we have worked together."

Klaus also provided a preliminary view of the Company's results for the 2008 fourth quarter ended December 31, 2008, indicating that the Company will have non-GAAP revenues in the range of $120M to $125M and non-GAAP earnings per share of $0.20 to $0.25.

The Company expects to report its fiscal fourth quarter and full-year financial results for 2008 on Wednesday, February 4, 2009 after the close of the market. The Company will host a conference call for the investment community at 2:00 p.m. Pacific Time on February 4, 2009. Full details regarding the earnings release and conference call, including dial in information, will be published by the Company in a subsequent release.

About Epicor Software Corporation
Epicor is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions to midmarket companies and divisions of the Global 1000. Founded in 1984, Epicor serves over 20,000 customers in more than 160 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor's worldwide headquarters are located in Irvine, Calif., with offices and affiliates around the world. For more information, visit www.epicor.com.

SOURCE: Epicor Software Corporation