Released on = January 11, 2007, 7:10 am

Press Release Author = CODA

Industry = Small Business

Press Release Summary = . Delivers accurate financial data to educational stakeholders
. Centrally hosted system helps schools manage data efficiently
. Unlocks significant infrastructure savings



Press Release Body = CODA plc, the finance systems specialist, today announced that
it has signed a partnership agreement with RM to integrate CODA-Financials as the
financial element of its new generation of enterprise school management systems for
primary and secondary schools.

RM is the leading provider of information and communication technology (ICT)
solutions to schools in the UK and the leading provider of school management systems
in Australia. Worldwide, over 8,000 schools rely on RM systems to support school
business processes and inform school management. The new joint RM and CODA solution
is designed to support rigorous financial management but implemented in a practical
and straightforward way suitable for schools. It will be marketed as IntegrisG2
Finance.

Commenting on the partnership, Colin Watson, managing director of RM Education
Management Systems said: "Our new IntegrisG2 Finance system will be hosted centrally
and accessed by schools over the web, providing a single enterprise solution for all
schools in a local authority, consortium or jurisdiction. We were impressed with the
power, flexibility and simplicity of CODA-Financials and believe that the Integris
solution is now unrivalled in the school enterprise systems market. Schools and all
their stakeholders need secure access to vital operational and performance
information and our systems make live data readily available."

Both the new IntegrisG2 Finance software and RM's IntegrisG2 school management
system are web-delivered making performance data quick and easy to access, analyse
and report on. It is possible therefore, with the appropriate access rights, for
parents to look at information on their child's progress, such as attendance and
assessment records. By allowing data to be held centrally, it also enables pupil
information to be shared quickly and securely across government agencies and helps
educational establishments address the practical implementation of government
initiatives.

"This partnership represents an important new go-to-market strategy in CODA's
approach to schools and we are looking forward to working closely with RM," said
Steven Dashwood, managing director of CODA GB Ltd. "Using CODA-Financials, local
authorities and schools will have secure access to accurate, real-time financial
data helping them to make the best decisions. It will offer schools efficient
financial control that many haven't had before to more accurately analyse
expenditure against budgets and allocate available resources to avoid overspend.
Historically, this is the type of application where CODA's software really excels so
we expect a good level of interest in the offering over the coming months."

ABOUT CODA

CODA creates, markets and implements a complete range of software systems designed
specifically to meet the needs of Financial Directors and Finance Departments. These
include financial management systems, analysis applications, and business process
management and control software to implement compliance solutions.

CODA was founded in 1979, has around 550 employees working from 13 global locations,
and is listed on AIM in London under the ticker "CODA". CODA software is designed
for multi-currency, multi-language, multi-country, multi-company and multi-site
operations.

Web Site = http://www.coda.com

Contact Details = Emma Hoyle||Beckwith Head Road-Cardale Park ||Harrogate , HG3
1RY||$$country||||44-01423-537-977||Emma.hoyle@coda.com||http://www.coda.com