Peachtree by Sage Facilitates More Effective Management for Nonprofits

ATLANTA, GA--(Marketwire - May 19, 2009) - Sage North America today announced the general availability of its Peachtree 2010 product line, including the latest release of Peachtree by Sage Premium Accounting for Nonprofits and Peachtree by Sage - Quantum. The new and improved functionality in Peachtree Premium Accounting for Nonprofits 2010 goes beyond accounting, bringing nonprofit organizations enhanced capabilities around managing contacts as well as improved security and visibility.

"These days, many organizations are struggling to do more with less -- with fewer employees on staff and available financial resources, nonprofits must maximize both," said Connie Certusi, general manager, small business accounting solutions, Sage North America. "Peachtree 2010 helps them do just that, with a range of improvements. From contact management, which helps organizations better cultivate donor and volunteer relationships, to the new in-product guide, which can assist new users in navigating the system, to enhancements around password security to ensure safekeeping of records, Peachtree makes it easier for nonprofits to manage all of their resources, so they can focus instead on serving the communities and organizations that rely on them for support."

Peachtree Premium Accounting for Nonprofits and Peachtree Quantum combine a range of helpful features with the solid accounting and strong organizational reporting features for which Peachtree is known. With specific improvements around customer management, nonprofits will have even more options for cultivating and managing their donors and volunteers, and the ability to better track interactions with them:

--  Customer Management Center:  Particularly in the current economy,
    donors and volunteers are nonprofit organizations' most precious asset.
    The new Customer Management Center helps nonprofits view donors and
    volunteer details in one place, with customizable dashboard views, enhanced
    lookups and easy export to Microsoft® Excel® or PDF.
    
--  Automatic Backup:  With 2010, system backup has also been automated,
    and can now be scheduled to take place at any time that's convenient for
    the organization, so that it doesn't impact the normal flow of activity, or
    require extra hours for employees.
    
--  Employee Management:  Helps save time and reduces errors by storing
    all employee information in one centralized location, including emergency
    contact info, review dates, hire date, employment verifications, and more.
    Companies can also set alerts to stay on top of upcoming tasks, such as
    employee reviews.
    

Security is another key concern for many organizations, and with 2010, password security has been strengthened through more options for controlling access.

As with previous releases of Peachtree, small nonprofits continue to get true double-entry accounting and analysis tools, along with nonprofit-specific reports and templates for fundraising and donor relations.

Also available is Peachtree by Sage - Quantum 2010, the most comprehensive application in the product line, offering exclusive new features supporting customization enhancements and multi-user management, as well as more users. It is an excellent choice for firms that need additional capacity -- up to 40 users -- or transactional volume, at an affordable price. Peachtree Quantum offers organizations the simplicity of an integrated accounting solution, with unrivalled performance and unmatched capacity in its class: twice as fast for transaction saves and report generation than its nearest competitor, and with this release, capacity for up to 40 named users(1).

Included with Peachtree Quantum is Peachtree Business Care(2), 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(3) access to Customer Support. The Peachtree Business Care Plan is unique at the small business level, and something typically only available with more expensive mid-market solutions.

For those nonprofits that need more than Peachtree can provide, Sage offers a range of solutions, such as Sage MIP Fund Accounting. Sage works to ensure nonprofit organizations have familiar and affordable options to support their long term goals.

The Peachtree Premium Accounting line also includes industry-specific versions for accountants, construction, manufacturers and distributors, available in either single or multi-user versions.

Pricing and Availability

Peachtree by Sage Premium Accounting for Nonprofits 2010 and the industry-specific solutions for accountants, construction, distribution and manufacturing are now available direct from Sage, selected resellers, and hundreds of Peachtree Certified Consultants nationwide. The manufacturer's suggested retail price for Peachtree by Sage Premium Accounting for Nonprofits 2010 single user is $499.99 and for multi-user is $1199.99. High value competitive rebates are available from Sage for customers on other small business accounting packages. Call 800-228-0068 for more details.

About Sage North America

Sage North America is part of The Sage Group plc, a leading global supplier of business management software and services. At Sage, we live and breathe business every day. We are passionate about helping our customers achieve their ambitions. Our range of business software and services is continually evolving as we innovate to answer our customers' needs. Our solutions 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 North America employs approximately 4,100 people and supports 2.9 million small and medium-size business customers. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs more than 14,500 people and supports more than 5.8 million customers worldwide. For more information, please visit the web site at www.sagenorthamerica.com or call 866-308-2378.

(1) Multi User licenses available in of packs of 10, 15, 20, 30 or 40. A maximum of 40 licensed, named users is allowed. Only the first 40 named users selected in the user maintenance screen are considered licensed, named users.

(2) 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.

(3) Support Specialists are available from 8:30 am until 8:30 pm ET Monday-Friday, and reserve the right to limit calls to 1 hour or 1 incident.

©2009 Sage Software, Inc. All rights reserved. Sage, the Sage logos, Peachtree, and the Sage product and service names mentioned herein 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 Emily Lotz 404-995-4526 Emily.lotz@porternovelli.com