Gemcom Demonstrates Commitment to Investment in Mongolian Mining Industry's Future

Awards Sponsorship to Geology Student at Mongolian University of Science and Technology

ULAANBAATAR, MONGOLIA, Dec 06, 2011 (MARKETWIRE via COMTEX) -- Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that it has selected the latest recipient of its Mongolian Student Sponsorship Program, Geology student Badral Narankhuu from the Mongolian University of Science and Technology.

The Gemcom Student Sponsorship Program in Mongolia awards a two-year scholarship to a student in the mining industry, covering all of their financial obligations including school fees, book fees and living expenses. Gemcom has chosen to partner with the Mongolian University of Science and Technology in this initiative, and to extend its sponsorship to include students of its Geology program in addition to Engineering which was initiated last year. By assisting students financially, the program allows recipients to concentrate fully on their studies and focus all of their efforts on their academic achievements. Gemcom will also provide technical mentorship and internship opportunities for sponsored students.

"Gemcom is delighted to be able to give something back to the mining community of Mongolia - a key driver in the ongoing development of the country," said Andrew Pyne, senior vice president of Gemcom. "Our hope is that by assisting young students, they will be able to achieve more in their academic career than they would otherwise be able to, and in turn become a valuable contributor to the mining industry."

"The Mongolian University of Science and Technology is pleased to be partnering with Gemcom in this program," said Dr. Oyun Demchig, director, School of Geology and Petroleum, Mongolian University of Science and Technology. "By sponsoring students, Gemcom is helping them to dedicate themselves more fully to their studies. This, combined with exposure to Gemcom's experience, mentorship and networking opportunities, will ensure sponsored students are well prepared for a successful future in the mineral resources and mining industry."

About Gemcom

When mining companies seek to increase mine productivity, they turn to Gemcom for technology and services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle, and InSite, and to industry thought leaders who are pushing the boundaries of what's possible in mining. Established in 1985, Gemcom has a global reach delivering comprehensive solutions in all major mining centres in more than 130 countries. Every major mining company, including BHP Billiton, Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and strategic acquisitions, the Company has become the largest global supplier of mining software solutions. For more information, visit www.gemcomsoftware.com .

Gemcom, the Gemcom logo and combinations thereof are trademarks of Gemcom Software International Inc.

        
        Contacts:
        Gemcom Software International Inc.
        Kimberly Lim
        Marketing Manager
                    +61 (0) 439 929 527      
        klim@gemcomsoftware.com
 
www.gemcomsoftware.com            
        
        

SOURCE: Gemcom Software International Inc.