ComVest Investment Partners Completes the Acquisition of Catalyst International

New York, NY—September 8, 2004—ComVest Investment Partners (“ComVest”), an institutional investment firm, finalized today its going-private acquisition of Catalyst International, Inc. (“Catalyst”), a global provider of customer-driven software and services that optimize the enterprise supply chain, following approval by Catalyst’s public shareholders on September 2, 2004. ”In ComVest we found the experienced financial partner we