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MONTREAL, QUEBEC -- (Marketwire) -- 09/06/12 -- TECSYS Inc. (TSX: TCS), an industry-leading supply chain management software company, announced today its results for the first quarter of fiscal year 2013, ended July 31st, 2012. All dollar amounts are expressed in Canadian currency and are prepared in accordance with the International Financial Reporting Standards (IFRS) and are unaudited.

Financial Highlights of the Quarter:

--  Revenue increased by 28% to $11.5M in Q1 of fiscal 2013 compared to
    $9.0M in Q1 of fiscal 2012.
--  Gross profit increased by 38% to $5.4M in Q1, 2013 compared to $3.9M in
    Q1, 2012.
--  Profit from operations increased substantially to $1,048K in Q1, 2013
    compared to 172K in Q1, 2012.
--  EBITDA for Q1, 2013 increased to $1,633K compared to $530K for Q1 of
    last fiscal year.
--  Net profit for Q1, 2013 was $1,125K or $0.10 per share, compared to
    $146K or $0.01 per share for the first quarter of last fiscal year.
--  Annualized recurring revenue stood at $15.6M at the end of Q1, 2013, up
    from $13.8M at the end of Q1, 2012. Recurring revenue for Q1, 2013
    represented 37% of revenue for the last twelve months and is principally
    made-up of annual maintenance services and hosting contracts.
--  Backlog at the end of Q1, 2013, reached $26.2M compared to $20.4M at the
    end of Q1, 2012.
--  Cash, cash equivalents and short-term investments amounted to $5.1M at
    the end of Q1, 2013 compared to $5.2M at the end of Q4, 2012 with no
    long term debt.

TECSYS also announced today that the Company's Board of Directors has declared a semi- annual dividend of $0.035/share, to be paid on October 5, 2012 to shareholders of record on September 21, 2012. This represents an increase of 16.7% from the previous semi-annual dividend.

Peter Brereton, President and CEO of TECSYS Inc., commented on the results: "We believe that we have the best supply chain execution suite on the market today and the market is beginning to agree with us. Q1, 2013 was a great quarter. Momentum from Q3 and Q4, 2012 continued in this quarter with a substantial revenue increase compared to last year for both of our products and services, driving gross profit up by 38% and resulting in a ten cent EPS. Our ability to capture major accounts, particularly in the past five years, has significantly improved and solidified our recurring revenue stream. Among the many agreements, this quarter included the signing of a major contract with an existing customer, a Fortune 500 manufacturer and distributor, which contributed to this quarter's growth and profitability. Furthermore, our investment in our services infrastructure is starting to pay off; we were able to increase delivery to our clients and complete the deployment of nineteen customer sites contributing to a 12% increase in services revenue in Q1."

During the quarter, the Company signed a significant number of agreements with existing and new clients including:

--  Three in the healthcare sector
--  Fifteen in general high-volume distribution
--  Thirteen in the SMB sector

TECSYS' First Quarter 2013 Earnings Conference Call:

Date: September 6, 2012

Time: 4:30 pm

Phone number: 800-747-0367 or 416-981-9017

The call can be replayed by calling 800-558-5253 (access code: 21603393) or 416-626-4100 (access code: 21603393).

About TECSYS

TECSYS is a leading supply chain management software provider that delivers powerful enterprise distribution, warehouse and transportation logistics software solutions. The company's customers include over 500 mid-size and Fortune 1000 corporations in healthcare, heavy equipment, third-party logistics, and general wholesale high-volume distribution industries. TECSYS' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS.

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. More information about the risks and uncertainties associated with TECSYS Inc.'s business can be found in the MD&A section of the Company's annual report and annual information form for the fiscal year ended April 30th, 2012. These documents have been filed with the Canadian securities commissions and are available on our website (www.tecsys.com) and on SEDAR (www.sedar.com).

Copyright © TECSYS Inc. 2012. All names, trademarks, products, and services mentioned are registered or unregistered trademarks of their respective owners.

TECSYS Inc.
Condensed Interim Consolidated Statements of Financial Position
(Unaudited)

As at July 31, 2012 and April 30, 2012
(in thousands of Canadian dollars)

----------------------------------------------------------------------------
                                                  July 31,         April 30,
                                                      2012              2012
----------------------------------------------------------------------------

Assets

Current assets
  Cash and cash equivalents                  $       5,104     $       5,217
  Accounts receivable                                7,110             8,207
  Work in progress                                   1,067               645
  Other accounts receivable and
   derivatives                                         276               190
  Tax credits                                        2,509             2,070
  Inventory                                            691               696
  Prepaid expenses                                   1,221             1,177
----------------------------------------------------------------------------
Total current assets                                17,978            18,202
----------------------------------------------------------------------------

Non-current assets
  Restricted cash equivalents and other
   investments                                         120               160
  Non-current receivables                               85                99
  Tax credits                                        1,070             1,076
  Property and equipment                             3,284             2,911
  Deferred development costs                         2,703             2,514
  Other intangible assets                              410               362
  Goodwill                                           2,239             2,239
  Deferred tax assets                                  826               587
----------------------------------------------------------------------------
Total non-current assets                            10,737             9,948
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Total assets                                 $      28,715     $      28,150
----------------------------------------------------------------------------

Liabilities

Current liabilities
  Accounts payable and accrued
   liabilities                               $       5,177     $       5,844
  Loans payable                                         82                85
  Deferred revenue                                   6,968             6,665
----------------------------------------------------------------------------
Total current liabilities                           12,227            12,594
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Equity

  Share capital                                      1,713             1,688
  Contributed surplus                                9,805            10,023
  Retained earnings                                  4,970             3,845
----------------------------------------------------------------------------
Total equity attributable to the owners
 of the Company                                     16,488            15,556
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Total liabilities and equity                 $      28,715     $      28,150
----------------------------------------------------------------------------

TECSYS Inc.
Condensed Interim Consolidated Statements of Comprehensive Income
(Unaudited)

Three-month periods ended July 31, 2012 and 2011
(in thousands of Canadian dollars, except per share data)

----------------------------------------------------------------------------


                                                July 31,           July 31,
                                                    2012               2011
----------------------------------------------------------------------------

Revenue:
  Products                                 $       4,487      $       2,853
  Services                                         6,680              5,955
  Reimbursable expenses                              343                195
----------------------------------------------------------------------------
Total revenue                                     11,510              9,003
----------------------------------------------------------------------------

Cost of revenue:
  Products                                           928              1,041
  Services                                         4,819              3,832
  Reimbursable expenses                              343                195
----------------------------------------------------------------------------
Total cost of revenue                              6,090              5,068
----------------------------------------------------------------------------

Gross profit                                       5,420              3,935

Operating expenses:
  Sales and marketing                              1,918              1,478
  General and administration                       1,114                934
  Research and development, net of tax
   credits                                         1,340              1,351
----------------------------------------------------------------------------
Total operating expenses                           4,372              3,763
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Profit from operations                             1,048                172
----------------------------------------------------------------------------

Finance income                                        92                  6
Finance costs                                         (3)               (18)
----------------------------------------------------------------------------
Net finance income (costs)                            89                (12)

Share of net loss of equity-accounted
 associate                                             -                (14)
----------------------------------------------------------------------------
Profit before income taxes                         1,137                146
----------------------------------------------------------------------------

Income taxes                                          12                  -

----------------------------------------------------------------------------
Profit attributable to the owners of
 the Companyand comprehensive income
 for the period                            $       1,125      $         146
----------------------------------------------------------------------------

Basic and diluted earnings per common
 share                                     $        0.10      $        0.01
----------------------------------------------------------------------------

TECSYS Inc.
Condensed Interim Consolidated Statements of Cash Flows
(Unaudited)

Three-month periods ended July 31, 2012 and 2011
(in thousands of Canadian dollars)

----------------------------------------------------------------------------
                                                 July 31,          July 31,
                                                     2012              2011
----------------------------------------------------------------------------

Cash flows from (used in) operating
 activities:
Profit for the period                        $      1,125      $        146
Adjustments for:
  Depreciation of property and equipment              248               169
  Depreciation of other intangible
   assets                                              37                29
  Depreciation of deferred development
   costs                                              215               181
  Share-based compensation                              -                 8
  Net finance (income) costs                          (89)               12
  Realized foreign exchange gains and
   others                                              49               106
  Share of net loss of equity-accounted
   associate                                            -                14
  Federal non-refundable research and
   development tax credits                            (75)                -
  Income taxes                                        (38)                -
----------------------------------------------------------------------------
  Operating activities excluding changes
   in non-cash workingcapital items
   related to operations                            1,472               665

  Accounts receivable                               1,097              (196)
  Work in progress                                   (422)              (98)
  Other accounts receivable                          (130)               67
  Tax credits                                        (559)             (432)
  Inventory                                             5                35
  Prepaid expenses                                    (44)             (218)
  Accounts payable and accrued
   liabilities                                       (819)               57
  Deferred revenue                                    303                22
----------------------------------------------------------------------------
  Changes in non-cash working capital
   items related to operations                       (569)             (763)
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Net cash from (used in) operating
 activities                                           903               (98)
----------------------------------------------------------------------------

Cash flows used in financing activities:
  Repayment of bank advances                            -            (3,720)
  Repayment of loans                                   (3)                -
  Issuance of common shares                            31                 -
  Purchase of common shares for
   cancellation                                      (231)               (9)
  Purchase of share options for
   cancellation                                         -              (279)
  Interest paid                                        (3)               (7)
----------------------------------------------------------------------------
Net cash used in financing activities                (206)           (4,015)
----------------------------------------------------------------------------

Cash flows (used in) from investing
 activities:
  Short-term and other investments and
   restricted cash equivalentsand other
   investments                                         40               325
  Interest received                                     7                 6
  Proceeds from asset-backed commercial
   paper                                                -             3,584
  Acquisitions of property and equipment             (378)             (146)
  Acquisitions of other intangible
   assets                                             (89)              (64)
  Deferred development costs                         (404)             (140)
  Non-current receivables including the
   current portionfrom a related party                 14                11
----------------------------------------------------------------------------
Net cash (used in) from investing
 activities                                          (810)            3,576
----------------------------------------------------------------------------

Net decrease in cash and cash
 equivalents during the period                       (113)             (537)

Cash and cash equivalents - beginning of
 period                                             5,217             6,404

----------------------------------------------------------------------------
Cash and cash equivalents - end of
 period                                      $      5,104      $      5,867
----------------------------------------------------------------------------

TECSYS Inc.
Condensed Interim Consolidated Statements of Changes in Equity
(Unaudited)

Three-month periods ended July 31, 2012 and 2011
(in thousands of Canadian dollars, except number of shares)

----------------------------------------------------------------------------

                          Share capital   Contributed    Retained     Total
                    Number       Amount       surplus    earnings

----------------------------------------------------------------------------
Balance, April
 30, 2012       11,603,271    $   1,688  $     10,023       3,845 $  15,556

Profit and
 comprehensive
 income for
 the period              -            -             -       1,125     1,125
----------------------------------------------------------------------------
Total
 comprehensive
 income for
 the period              -            -             -       1,125     1,125
----------------------------------------------------------------------------

Repurchase of
 common shares     (91,800)         (13)         (218)          -      (231)
Share options
 exercised          16,350           31             -           -        31
Fair value
 associated
 with options
 exercised               -            7             -           -         7
----------------------------------------------------------------------------
Total
 transactions
 with owners
 of the
 Company           (75,450)          25          (218)          -      (193)
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Balance, July
 31, 2012       11,527,821    $   1,713  $      9,805       4,970 $  16,488
----------------------------------------------------------------------------


Balance, April
 30, 2011       11,678,671    $   1,467  $     10,993  $    3,486 $  15,946

Profit and
 comprehensive
 income for
 the period              -            -             -         146       146
----------------------------------------------------------------------------
Total
 comprehensive
 income for
 the period              -            -             -         146       146
----------------------------------------------------------------------------

Repurchase of
 common shares      (4,400)          (1)           (8)          -        (9)
Repurchase of
 share options           -            -          (279)          -      (279)
Share-based
 compensation            -            -             8           -         8
Total
 transactions
 with owners
 of the
 Company            (4,400)          (1)         (279)          -      (280)
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Balance, July
 31, 2011       11,674,271    $   1,466  $     10,714  $    3,632 $  15,812
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