New Peachtree by Sage Premium Accounting for Manufacturing 2009 and Peachtree by Sage Premium Accounting for Distribution 2009 Now Available

Customer-Driven Enhancements in Reporting, Analysis, and Payroll Management Bring More Power to Small Manufacturers and Distributors


ATLANTA, GA--(Marketwire - May 22, 2008) - Sage Software today announced the general availability of its Peachtree 2009 product line, including new versions of Peachtree by Sage Premium Accounting for Manufacturing and Peachtree by Sage Premium Accounting for Distribution. These products, designed for small manufacturers and wholesale distributors, provide a range of management tools these businesses need to achieve their short and long-term business goals, and are the entry step to a family of Sage Software solutions that support manufacturers and distributors though their business growth cycles.

A key new management tool in Peachtree 2009 is the expanded Cash Manager Tool, with which small manufacturers and distributors can easily anticipate cash needs and run "What If" scenarios to project the impact of various activities on the business. The impact of shifting inventory levels, capital expenditures, or other investments can be evaluated without running actual transactions. Cash flow projections can be made based on historical transactions or other activity. Those scenarios can all be exported to Microsoft® Excel® for further analysis.

"Especially in the current economy, the ability to see an accurate picture of cash flow at any point in time is critical to the long term success and growth potential of manufacturers and distributors," said Connie Certusi, general manager, small business accounting solutions, Sage Software. "With the ability to make decisions on how to invest back in the business based on 'What If' scenarios in Peachtree, small manufacturers and distributors will be better positioned to face the future with confidence."

In developing this release, Sage Software worked closely with small businesses through its Customer-Connected Design Center to enhance functionality and introduce new features that include:

--  More Historical Data -- Now companies can report on data outside of
    two open years, allowing them to easily compare budgets and financial
    results using more comprehensive historical trends.  This offers improved
    trending analysis and enables better research producing more accurate
    forecasts based on prior years' activity.(1)
    
--  Real Time Error Alerts -- Warnings when a company uses a non-standard
    A/P or A/R account on Purchase and Sales Invoices, as well as when they use
    non-Cash accounts on Receipts and Payments.  The new alerts add to the
    existing Internal Accounting Review feature by warning small businesses as
    problems occur, so there's less likelihood of mistakes continuing and
    causing problems in the long term.
    
--  Flexible Payroll Management -- Numerous advancements make it easier to
    manage payroll, including payroll tax liability reporting, vacation and
    sick time tracking, increased flexibility in payroll set up, the ability to
    manage multiple retirement and insurance plans, and flexible spending
    accounts.   As an added precaution, all Peachtree reports now display only
    the last four digits of Social Security numbers, to help prevent identity
    theft and comply with state laws.
    

Manufacturers and distributors alike will benefit from capabilities available in Peachtree for more profitable inventory management. Serialized inventory tracking, multiple costing methods, flexible bill of materials processing, kitting and assemblies, and the ability to sell in multi-quantity units are just a few of the advanced inventory functions included in these products for more effective, profitable inventory management.

Growing companies recognize Peachtree as a powerful tool to help them manage current and future growth, and Sage Software offers the assistance they need to manage that growth. Also available in the product line is Peachtree by Sage - Quantum 2009. Introduced in 2006, Peachtree Quantum is the most comprehensive application in the product line, offering all of the new features and enhancements along with more user and transaction volume support. With 2009, Peachtree Quantum now supports up to 30 licensed, named users(2) and provides significant performance improvements in multi-user environments using new Smart Posting technology. This technology provides significant performance improvements in multi-user environments.(3) And, repeated tests have proven Peachtree Quantum 2009 significantly outperforms products such as QuickBooks® Enterprise 2008 with up to 4 times faster transaction processing in a 20 user environment.(4)

Included with Peachtree Quantum is Peachtree Quantum Business Care, an extensive service plan that includes all the product updates and upgrades that become available within 12 months of the product purchase date, access to online training and one year of unlimited access to Customer Support.(5)

As small manufacturers and distributors grow and require additional capabilities from their software, Sage Software offers a clear migration path to the company's Sage MAS 90, Sage MAS 200 and Sage MAS 500 products.

Pricing and Availability

Peachtree Premium Accounting for Manufacturing 2009, Peachtree Premium Accounting for Distribution 2009, and Peachtree by Sage - Quantum 2009 are available direct from Sage Software, selected resellers, and from hundreds of Peachtree Certified Consultants nationwide. Multi-User Value Packs (5 seat license) are available for the industry specific solutions; 10, 15, 20 and 30 seat licenses are available for Peachtree Quantum. Peachtree Premium Accounting for Manufacturing and Peachtree Premium Accounting for Distribution are $599.99 for a single user; $1299.99 for 5 seat Multi-User packs. Peachtree Quantum starts at $3950.00 for new customers, $3575.00 for upgrading customers.

About Sage Software

Sage Software supports the needs, challenges and dreams of nearly 2.9 million small and medium-sized business customers in North America through easy-to-use, scalable and customizable software and services. Our products support accounting, operations, customer relationship management, human resources, time tracking, merchant services and the specialized needs of the construction, distribution, healthcare, manufacturing, nonprofit and real estate industries. Sage Software is a subsidiary of The Sage Group plc, a leading global supplier of business management software and services to small and medium-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989. Sage Group now has 5.7 million customers and employs over 14,800 people worldwide. For more information, please visit the web site at www.sagesoftware.com or call (866) 308-2378.

1 Upon upgrading to Peachtree 2009, 3 years of converted Peachtree Financial Statement data and account balance data on General Ledger reports will be readily accessible, as well as any future closed years will be available.

2 Multi User licenses available in of packs of 10, 15, 20 or 30. A maximum of 30 licensed, named users is allowed. Only the first 30 named users selected in the user maintenance screen are considered licensed, named users.

3 Performance results are based on recommended system requirements for Peachtree Premium Accounting 2009. Results may vary based on configuration, size and content of data file, system and network traffic. For information on testing environment refer to www.peachtreequantum.com/test09.

4 Performance results are based on recommended system requirements for Peachtree Quantum Accounting 2009, which satisfies the system requirements for QuickBooks Enterprise 2008. Results may vary based on configuration, size and content of data file, system and network traffic. For information on testing environment refer to www.peachtreequantum.com/qbetest09.

5 The Peachtree Business Care Plan (which includes product upgrades, updates, and customer support) will be renewed automatically each year on the anniversary date of your purchase unless you terminate your agreement prior to that date. Renewal is not required to continued access to product updates for supported versions.

©2008, Sage Software, Inc. All rights reserved. The Sage Software logo, Peachtree, and the Peachtree logo are registered trademarks or trademarks of Sage Software, Inc. or its affiliated entities. All other trademarks are the property of their respective owners.

Contact Information: Media Contacts: Aimee Ertley 770-724-4556 aimee.ertley@sage.com Marchell Gillis 770-724-4256 marchell.gillis@sage.com