New Peachtree by Sage Premium Accounting for Manufacturing 2008 and Peachtree by Sage Premium Accounting for Distribution 2008 Now Available

Products Offer Superior Inventory Control, Reporting and More Power to Small Manufacturers and Distributors


ATLANTA, GA--(Marketwire - June 12, 2007) - Sage Software today announced the general availability of its Peachtree 2008 product line, including new versions of Peachtree by Sage Premium Accounting for Manufacturing and Peachtree by Sage Premium Accounting for Distribution. These products, targeted to small manufacturers and wholesale distributors, provide the business management tools manufacturers and distributors need to achieve their short and long-term goals, and are the entry step for manufacturers and distributors into the Sage Software family of products.

With the Peachtree 2008 line, businesses with physical inventory can now select the number of decimal points up to a maximum of five for both the quantity and unit price fields. This feature is ideal for manufacturers and distributors with complex inventory that need to track beyond a standard two decimal setting, allowing for a more precise representation of their inventory and pricing structure.

"Accurate, real-time knowledge of inventory levels and quick access to that data is critical for small manufacturers and distributors to manage their cash flow, success, and growth," said Connie Certusi, general manager, accounting solutions, Sage Software. "Peachtree Premium for Manufacturing and Peachtree Premium for Distribution help our customers to accomplish those tasks, stay on top of cash flow and stay ahead of the game."

Manufacturers and distributors also will appreciate the new document management feature in Peachtree 2008 that enables them to add attachments to records such as vendors, employees, inventory items, payroll checks, or quotes directly within the product for better tracking and management. All file types are supported with this feature including Microsoft® Excel® spreadsheets, Microsoft Word documents, photographs and scanned files.

In developing this release, Sage Software worked closely with small businesses through its Customer-Connected Design Center to identify opportunities to enhance functionality and introduce new features. In addition to those above, small businesses will note additional new features and enhancements around:

--  Forms Design -- a new design screen offers small businesses more
    flexibility for adding color, logos and other information to customize the
    standard layout on forms such as invoices, sales orders, quotes, etc.
    Additionally, standard form layouts can be modified easily by turning on
    and off fields from the transaction screen, and the changes are
    automatically reflected on the printed form.
--  Reporting -- small businesses now have additional control when
    customizing19 of the most popular accounting reports within Peachtree by
    using 100 newly available fields in which to add information.  The
    reporting improvements also include 50 new filters, 30 new sorts and
    greater drill-down capabilities. Peachtree 2008 also offers a new
    Transaction Detail Report which is a comprehensive report that enables
    small businesses to see key information related to any transactions from
    one location.
--  Time saving -- small businesses will experience faster transaction
    saving and record opening time within the product while working in reports.
    Additionally, customers who don't require the Business Status Center or
    product Navigation Screens can now permanently hide them, which also
    improves the time required to open Peachtree.
--  Invoicing -- using the new Broadcast Invoices feature, small
    businesses can save time by creating one invoice in just a few clicks, and
    send it to any number of customers based on many filtering options.
    
Kurt Plank, owner of North Station Millwork in Vermont, is constantly measuring and converting with different scales of measurement in order to accurately quote and invoice his customers. He now saves time with Peachtree; using it to build an assembly of his products by entering the materials that he will be using, the conversion of raw materials to the actual product requirements, and the shop time needed for each product created. Using the Bill of Materials (BOM) in Peachtree, Plank can determine exactly what he needs to do to make his products, and how to make money at it. "I wanted to focus on the quality of the product and service, being profitable, and building equity," says Plank. "Peachtree allows me to do that."

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 - Quantum by Sage 2008. 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. 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.

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 2008, Peachtree Premium Accounting for Distribution 2008, and Peachtree by Sage - Quantum 2008 are available direct from Sage Software, selected resellers, and from hundreds of Peachtree Certified Consultants4 nationwide. Multi-User Value Packs (5 seat license) are available for the industry specific solutions; 10 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; $1199.99 for 5 seat Multi-User packs. Peachtree Quantum is $3750.00 for new customers, $2995.00 for upgrading customers.

About Sage Software

Sage Software supports the needs, challenges and dreams of nearly 2.8 million small and mid-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 international supplier of accounting and business management software solutions and related products and services for small and mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.4 million customers and employs over 13,000 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

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