SOURCE: NEAT Receipts

May 19, 2008 09:00 ET

Neat Receipts Announces Neat Receipts for Mac

Advance Release Version Brings Award-Winning Scanner's Receipt and Document Organization Tools to Mac Users

PHILADELPHIA, PA--(Marketwire - May 19, 2008) -


NEWS FACTS

NEAT Receipts, a Philadelphia-based company committed to developing user-friendly scanning solutions, today announced an Advance Release (version 1.0) of a completely new scanner and software solution, its first product specifically designed for the Mac platform. It is also the first product developed using NEAT Receipts' proprietary new hardware design.

The Advance Release product offers individuals and small businesses the ability to scan and manage receipts and documents using Mac OSX. NEAT Receipts for Mac was developed in the Apple programming environment so it provides an easy-to-use interface, with a look and feel that Mac users are already familiar with such as drag-and-drop functionality, image flow and other views, and the ability to import e-receipts by printing to NeatReceipts PDF files.

The Advance Release does not yet include the full feature set of the most recent PC version (NEAT Receipts version 3). NEAT Receipts for Mac version 2, which will be available in early 2009, will include additional features that make the Mac version more analogous to the NEAT Receipts (Windows) feature set.

All customers who purchase the Advance Release will receive a free upgrade to version 2 once it is available.

Key Features of NEAT Receipts for Mac Advance Release Include:

--  Receipt and Document Scanning -- Create a digital filing cabinet for
    all important receipts and documents
    
--  Multiple Libraries -- Create separate libraries for multiple
    businesses, projects or time periods
    
--  Document Collections -- Organize paperwork by groups to keep relevant
    items organized together
    
--  Smart Collections -- Create a collection of receipts or documents
    based on specific criteria such as vendor name, category or date
    
--  Intelligent Text Recognition -- Extract key information from receipts
    and capture it in digital format
    
--  Expense Reports -- Export receipt collections to a PDF expense report
    format
    
--  Searchable PDF Format -- Documents are stored as PDF files that can
    easily be dragged and dropped anywhere in the file system -- even directly
    into e-mail
    
--  PDF Importing -- Import PDF copies of receipts and documents stored on
    hard drive
    
--  Search by Keyword -- For easily searching and locating scanned
    receipts and documents
    

System requirements:

--  Mac computer with an Intel, PowerPC G5, or PowerPC G4 processor
    
--  512MB of Ram; 1 GB recommended
    
--  Mac OS X v 10.4.11 or later
    
--  256MB of available disk space for installation, 1 GB recommended for
    user data
    
--  CD-Rom or DVD drive required for installation
    
--  Available USB port
    

Purchasing Information:

NEAT Receipts for Mac is currently available for purchase for $179.95 directly from NEAT Receipts by visiting: http://www2.neatreceipts.com/neatstore/merchant.mvc?Screen=PROD&Store_Code=N&Product_Code=NM1&Category_Code

QUOTE

"We developed NEAT Receipts for Mac because Mac users and our customers were calling us daily and asking for it," said Rafi Spero, founder of NEAT Receipts. "This is a product that was built for Mac people by Mac people and we incorporated customer feedback to create a product that's intuitive and easy to use. We're also very excited about introducing a sleek new scanner with this product that works seamlessly with the Mac look and feel."

ABOUT NEAT RECEIPTS

Founded in 2002 as a scanning solution for streamlining the expense reporting system, NEAT Receipts now offers a full range of products and complete system for managing all the paper clutter in your life.

Much more than just creating digital copies of important papers, NEAT Receipts' combined software and hardware solutions transform data trapped on the paper into information that can be organized, stored, secured and activated. NEAT Receipts is a privately-owned company headquartered in Philadelphia. For more information please visit www.neatreceipts.com.

COMPANY HIGHLIGHTS

--  October 2002: Founded by Rafi Spero and Les Spero
--  November 2003: NEAT Receipts launched at Philadelphia Airport kiosk
--  November 2005: NEAT Receipts launched at Staples, Amazon, Fry's;
    additional kiosks opened
--  August 2006: Awarded Best Product honors at Retail Vision
--  October 2006: Named #1 Fastest Growing Private Company by Philadelphia
    Business Journal
--  December 2006: Named Startup Company of the Year by Eastern Technology
    Council
--  April 2007: NEAT Receipts named NAPO's Organizer's Choice Award for
    Best Technology Product
--  June 2007: Rafi Spero recognized as a top 40 Under 40 by Dealerscope
    magazine
--  June 2007: Les and Rafi Spero named Ernst & Young Entrepreneur of the
    Year 2007 Award Winner in Greater Philadelphia
--  October 2007: NEAT Receipts named A Rising Star Company for Deloitte
    Fast 50
--  October 2007: NEAT Receipts named #4 Fastest Growing Company by
    Philadelphia 100
--  October 2007: NEAT Receipts named Best Small Company To Work For by
    Philadelphia Magazine