Epicor(R) Reports Preliminary Revenue for 2007 Fourth Quarter; Expects License Revenue...

Epicor(R) Reports Preliminary Revenue for 2007 Fourth Quarter; Expects License Revenue to Increase Year-Over-Year by 11% to 15% to All Time Quarterly Record of $36 to $37 Million

Consolidated Financial Results Expected to Be Announced February
5, 2008
IRVINE, Calif.--(Business Wire)--Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions for the midmarket and divisions
of the Global 1000, today announced that based on preliminary
financial data, the Company expects software license revenue and total
revenue for the 2007 fourth quarter ended December 31, 2007 to exceed
the Company's previously provided guidance. 2007 fourth quarter
software license revenue is expected to reach an all time quarterly
record of $36 to $37 million, an increase of 11% to 15% over 2006
fourth quarter license revenues of $32.3 million. Epicor expects total
revenue for the 2007 fourth quarter to be between $115 and $117
million, also a quarterly record. Hardware and other revenue is
expected to be approximately $5 million. The Company expects 2007
fourth quarter non-GAAP diluted earnings per share to be favorably
impacted by the Company's increased preliminary revenue expectations.
The Company also affirmed its guidance for 2008 full-year software
license revenue growth of 8% to 10% over 2007 full-year software
license revenue.

Epicor Chairman and CEO George Klaus commented, "Our preliminary
results for the fourth quarter are the ultimate customer validation of
the strength of Epicor's sales team, pipelines, software solutions and
go to market strategy. Furthermore, these record revenues demonstrate
that the middle market continues to offer an excellent opportunity for
accelerated growth for application software providers that can clearly
differentiate themselves and provide customers with focused industry
leading technology that is easily customizable to meet a customer's
specific requirements. The fact that Epicor can bring all of these
elements to a customer, while providing a clear short-term return on
investment, a single point of accountability and overall lower total
cost of ownership, further distinguishes our Company in the
marketplace and presents an excellent opportunity for Epicor to
continue to post strong financial results."

Epicor also said that its recommended acquisition of NSB Retail
Systems by way of scheme of arrangement is proceeding as planned,
with NSB shareholder meetings to approve the scheme due to take place
on January 16, 2008. Subject to customary conditions being satisfied
and NSB shareholder and court approvals being given, the
acquisition is due to close in the first half of February 2008.

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 professional services
automation (PSA) software solutions to the midmarket and divisions of
Global 1000 companies. Founded in 1984, Epicor serves over 20,000
customers in more than 140 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, California with offices and affiliates around the world. For
more information, visit www.epicor.com.

Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.

Forward-Looking Statements

Management of Epicor Software believes certain statements in this
press release may constitute forward-looking statements under the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements include statements regarding expected
revenues (including growth rates), earnings and earnings per share
(including on a non-GAAP basis), the scheme transaction, timing of
closing and other statements that are not historical fact. These
forward-looking statements are based on currently available
competitive, financial and economic data together with management's
views and assumptions regarding future events and business performance
as of the time the statements are made and are subject to risks and
uncertainties, including, without limitation, risks associated with
market and economic conditions, Epicor's ability to consummate the
transaction, which is subject to certain conditions, and the risks and
uncertainties described in Epicor's Annual Report on Form 10-K for the
year ended December 31, 2006 and Quarterly Report on Form 10-Q for the
three month period ended September 30, 2007. Actual results may differ
materially from those expressed or implied in the forward-looking
statements.

Non-GAAP Financial Measures

This press release contains non-GAAP financial measures. In
evaluating the Company's performance, management uses certain non-GAAP
financial measures to supplement consolidated financial statements
prepared under GAAP.

Non-GAAP Earnings Measures. The Company uses a non-GAAP earnings
measure in its public statements. Management believes these non-GAAP
measures help indicate the Company's baseline performance before
gains, losses or charges that are considered by management to be
outside on-going operating results. Accordingly, management uses this
non-GAAP measure to gain a better understanding of the Company's
comparative operating performance from period-to-period and as a basis
for planning and forecasting future periods. Management believes these
non-GAAP measures, when read in conjunction with the Company's GAAP
financials, provides useful information to investors by offering:

-- the ability to make more meaningful period-to-period
comparisons of the Company's on-going operating results;

-- the ability to better identify trends in the Company's
underlying business and perform related trend analysis;

-- a better understanding of how management plans and measures
the Company's underlying business; and

-- an easier way to compare the Company's most recent results of
operations against investor and analyst financial models.

General. These non-GAAP measures have limitations, however,
because they do not include all items of income and expense that
impact the Company's operations. Management compensates for these
limitations by also considering the Company's GAAP results. The
non-GAAP financial measures the Company uses are not prepared in
accordance with, and should not be considered an alternative to,
measurements required by GAAP, such as operating income, net income
and income per share, and should not be considered measures of the
Company's liquidity. The presentation of this additional information
is not meant to be considered in isolation or as a substitute for the
most directly comparable GAAP measures. In addition, these non-GAAP
financial measures may not be comparable to similar measures reported
by other companies.

As a result of these factors the business or prospects expected by
the Company as part of this announcement may not occur. Epicor
undertakes no obligation to revise or update publicly any
forward-looking statements.

Epicor Software Corporation
Damon Wright
Sr. Director, Investor Relations
949/585-4509
dswright@epicor.com

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