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Press Releases

February 2006

Media Contacts:
Perry Athanason, The Pen Group
perry@thepengroup.com
(305) 529-1944

For Immediate Release
February 15, 2006

AVANQUEST SOFTWARE EMPOWERS SMALL BUSINESS SECTOR WITH LAUNCH OF SMALL BUSINESS PRO 2006

Fully Integrated Accounting and Small Business Management Software Delivers
Powerful Benefits to Maximize Efficiency and Productivity

PLEASANTON, CA — February 15, 2006 – Avanquest Software, a leading developer and publisher of business and consumer software for the global PC market with operations in Europe, the U.S. and Asia, today introduced its most comprehensive and easy to use small business finance and customer relations management suite. Small Business PRO is specifically designed to fill the needs of businesses with 1-25 employees that are seeking an integrated solution to help manage a wide range of business tasks and are frustrated by accounting software packages that are usually too complex and expensive for their needs.

In addition to easily and affordably allowing small businesses to transfer bookkeeping chores from pencil and paper or spreadsheets to a powerful automated accounting application, Small Business PRO incorporates two of Avanquest's most popular small business marketing applications, Design and Print Business Edition and Web Easy Professional 6, providing an entire business management package. With these advanced, easy-to-use tools, small businesses can design and print marketing materials such as brochures, newsletters and business cards and also create a customized, professional-quality Web site in-house with ease.

Designed to handle all the unique accounting, customer management, business analysis and marketing needs of entrepreneurs and professionals, and priced at just $89, Small Business PRO is the latest offering of the award-winning MySoftware brand of small business productivity products, which have consistently helped small office and home office users work smarter and more efficiently for 18 years.

At its core, Small Business PRO is a powerful, flexible and customizable accounting program that simplifies key business tasks, incorporating general ledger, accounts payable and receivable and bill paying as well as other tools, such as customer relations management, financial reporting, sales forecasting, business plan creation and inventory management. Small Business PRO also speeds the banking process each month by automatically converting bank statements into accounting entries.

Small Business PRO is simple to install and supports multi-user licenses for greater data sharing capabilities, a major cost advantage for growing companies. Businesses can easily authorize and set up new users without having to reinstall the software suite or experience the pressures associated with upgrading to a new system. The integrated features in Small Business PRO are designed for flexibility and can be used individually or in combination. Utilizing a single database, data exchange between the components is seamless. The potential for manual errors is greatly reduced since users don't have to import data to various components or re-enter the same data, formulas or formatting.

"Small businesses are searching for a flexible, functional solution that will quickly and painlessly help them manage daily accounting tasks and also support a company's growth and evolution, from startup to mid-market," said Anne Anderson, Executive Vice President of Avanquest Software's Productivity Division. "With its ease-of-use, depth of features and integrated components, Small Business PRO fully meets these expectations so companies can capitalize on the power of automation to increase efficiency and remain focused on advancing their business to the next level."

Featuring an intuitive, easy-to-navigate interface, Small Business PRO guides the user through each process with just a few clicks. Best of all, there is no specific training or accounting knowledge required. The full set of integrated accounting and reporting applications includes:

  • Accounting — establish financial and fiscal reports; analyze balance sheets, cash flow and profit/loss statements; accurately monitor trial balance and journals
  • Billing — create and track orders, estimates and payments; convert estimates to invoices; verify outstanding invoices with automatic reminders to expedite billing
  • Banking — automatically synchronize bank data with accounting records - generate needed entries in one click; reconcile statements and deposit payments
  • Inventory — track product inventory; generate purchase orders and quotes; create and/or import product and vendor records; adjust inventory levels as shipments are sent/received
  • Customer Management — import customer contacts and schedule appointments with Microsoft® Outlook; manage calls, e-mail and opportunities; send proposals and business letters
  • Forecast and Business Plan — quickly create a business plan; compare forecasts against performance; calculate monthly, quarterly and yearly sales

Small Business PRO is available at Office Depot, Office Max and other leading software retail outlets across North America and is compatible with Windows 2000/XP/2003. Avanquest Software is offering a free 30-day trial online at www.avanquestusa.com.

About Avanquest Publishing USA
Avanquest Software is a global developer and leading publisher of best-selling personal and professional software designed for office productivity, communications and mobility worldwide. Avanquest Software products are marketed in over 100 countries, through e-commerce, OEM partnerships and IT resellers. Founded in 1984 as BVRP Software and listed since December 1996 on Euronext (ISIN FR0004026714), Avanquest Software forms part of the Eurolist, NextEconomy segment and SBF 250 index. Additional information on Avanquest Software is available at www.avanquest.com.