MILWAUKEE, April 5 /PRNewswire/ -- Catalyst International, Inc., a global provider of customer-driven software and services that optimize the enterprise supply chain, today announced record revenue for the fiscal year ended December 31, 2004.

Revenues for fiscal 2004 were $39.8 million, an increase of 28.4 percent from $31.0 million in 2003. Fourth quarter 2004 revenues were a record $11.5 million, up 31.5 percent from $8.9 million in the fourth quarter of 2003. Income from operations continued the positive trend that began six quarters ago.

"In 2004 Catalyst achieved its best operating performance in the company's history," said James B. Treleaven, President and CEO of Catalyst. "Our 'Best for Business' strategy drove revenue growth that equaled or surpassed that of any company in the SCE space. As a result of the mid-2004 sale to ComVest Investment Partners, Catalyst enjoys a strong balance sheet and access to the financial resources to execute our growth strategy in the consolidating SCE industry."

Highlights for fiscal 2004 include: -- Finalized our acquisition by ComVest Investment Partners, an institutional investment firm that brings Catalyst tremendous operational experience and a proven track record for execution. -- Signed engagements with more than 20 new customers, including Dopaco, Insight, and TransAlta. -- Implemented more than a dozen SAPConsole with Catalyst Radio Frequency (RF) Transaction Templates for customers including Albemarle, Allison Transmission, and MacDermid. -- Completed 13 go-lives in the fourth quarter including Aldo Group, Aviall, Family Dollar, Kunzler, Orscheln Farm & Home, Rayovac, Saks, Snap-On and Sony. -- Completed the implementation of a new 500,000 square foot order fulfillment operation at Saks. It is one of the largest direct to consumer fulfillment projects to date with up to 50 packing stations, shipment manifesting and conveyor automation. -- In December, joined with Babush Material Handling Systems to open the Star Alliance Center for RFID, one of the country's largest facilities for evaluating RFID solutions in a real-world environment.

"Catalyst engineered one of the most significant turnarounds of the last few years within the software industry," Treleaven added. "We are extremely grateful for the support of our loyal customer base and the efforts of our experienced and dedicated employees. We are very pleased that ComVest recognized our potential, and we're excited to have them as our financial partner. We are eager to continue to help our existing and new customers operate the most efficient supply chains in the world."

About Catalyst

Catalyst International, Inc. delivers software and solutions that enable companies to optimize the performance of their enterprise supply chains. Catalyst is the only resource that combines 26 years of industry leadership in warehouse and logistics software development with an in-depth understanding of ERP systems. Catalyst has provided successful SCE solutions for customers around the world, including Boeing, Brown Forman, Maybelline, Office Max, Panasonic, Rayovac, Saks, Subaru, Reebok and The Home Depot. It is headquartered in Milwaukee, Wisconsin and has offices or representatives in the UK, Italy, Mexico and South America. For more information, call toll-free 800-236-4600 or visit http://www.catalystinternational.com/ .

About ComVest Investment Partners

ComVest Investment Partners is an institutional investment firm that currently manages over $850 million of assets through various funds, entities, and investment partnerships. Originally established in 1988, the firm typically invests in micro-cap and private companies that operate in the information technology, healthcare and telecommunication industries. For more information on ComVest Investment Partners, please visit http://www.comvest.com/ .

CONTACT: Ruta Hunter, +1-414-430-1440,
rhunter@catalystinternational.com , or Agency Contact, Peter Duckler,
+1-312-423-4930, pduckler@hlbcomm.com , for Catalyst International, Inc.

Web site: http://www.catalystinternational.com/
http://www.comvest.com/