SOURCE: Advanced Solutions International

August 18, 2008 08:30 ET

ASI Continues Growth in First Half of 2008

Web-Based Software Provider Adds to Product Offerings, Expands Geographical Reach and Non-Profit Market Presence

ALEXANDRIA, VA--(Marketwire - August 18, 2008) - Advanced Solutions International (ASI), the leading global provider of web-based software for associations and non-profits, today announced that it continued to see revenue and profit growth over the past six months ending June 30, 2008. Significantly strengthening its international presence, the company reached the following milestones:

--  ASI achieved record revenue during the first half of 2008 with a 6%
    increase in software license revenue and 15% increase over target in
    EBITDA. ASI's international operations in Canada, Europe and Australia
    collectively achieved record revenue for the first half of the year.
    
--  ASI acquired U.K. charity and fundraising software company, Fisk
    Brett, creating the largest, privately held software provider in the world
    focused on member and donor-based non-profit organizations. The combined
    entity includes nearly 3,000 customers and 210 employees in seven offices
    worldwide.
    
--  ASI continues to expand its customer base across the non-profit
    market, adding new customers such as the Starlight Children's Foundation of
    Australia, the Malaysian Nature Society and Crown Financial Ministries
    (U.S.A.).
    
--  An independent report by Lehman Associates confirmed ASI's leadership
    position in the association market with a nearly 40% market share, an
    increase over 2007. The 2008 AMS Association Market Study compiled data
    from national and international associations with budget sizes of $2
    million or greater in North America, and showed that iMIS led other major
    AMS vendors in meeting customer expectations for the time, cost and ease of
    implementation. New iMIS customers in the association market include the
    Royal Statistical Society (U.K.) and the Association of Professional
    Engineers & Geoscientists of British Columbia.
    
--  ASI announced the availability of iMIS Friendraising, a fully
    integrated online fundraising application. The peer-to-peer fundraising
    tool was introduced to help organizations increase overall campaign
    revenue, streamline participant communications, and provide donors with the
    unprecedented ability to quickly build and maintain their own networks
    online.
    
--  The company received three major industry awards for support and
    performance. Service Strategies Corporation (SSC) recognized ASI with a
    certification in Service Capability and Performance (SCP) support standards
    for the sixth year in a row, as well as professional service standards for
    the second consecutive year. ASI was also honored with the Software Testing
    Best Practice Award from the International Institute of Software Testing
    (IIST).
    
--  ASI added six iMIS partners, including GoLightly, Orbis Software,
    iDashboards, Bluesky Broadcast, Job Target and Boxwood.
    

"Building upon our success in 2007, we have made significant strides in the non-profit market and maintained our leadership position in the association space," said Bob Alves, chairman and CEO, ASI. "We will continue to give customers access to new social media technologies, closer integrations with third-party applications and more throughout the rest of 2008."

About ASI

Advanced Solutions International (ASI) is the leading global provider of software for non-profits, serving the industry since 1991. The company's premier product, iMIS, is the only complete, upgradeable, web-based, not-for-profit business software system. iMIS has served nearly 3,000 customers worldwide. ASI distributes its solutions through a direct sales force and a global network of local solution providers backed by award-winning technical support. The company employs more than 200, with offices in the U.S., U.K., Canada and Australia. To learn more, visit www.advsol.com.

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