SOURCE: Sage Company

May 13, 2008 09:05 ET

Sage Software Announces Peachtree by Sage - Quantum 2009 Built for Speed

Product Offers Increased User Capacity and Faster Database Performance

NATIONAL HARBOR, MD--(Marketwire - May 13, 2008) - Sage Insights Conference -- Sage Software announced today from its annual Insights conference the availability of Peachtree by Sage - Quantum 2009, which offers growing small businesses the simplicity of an integrated accounting solution, featuring unrivalled performance and capacity for up to 30 users.(1) With the release of Peachtree Quantum 2009, Sage Software simplifies the choice for growing small businesses ready to move up to their next accounting solution.

"For small businesses that have outgrown their current systems, but aren't ready for a mid-market solution such as our sister product Sage MAS 90, the new Peachtree Quantum provides the right balance of serious accounting functionality, ease of use, and transaction capacity," said Connie Certusi, general manager of Sage Software small business accounting solutions. "For 2009, we've focused on giving customers major efficiencies in time management through function re-designs and speed improvements in transaction processing. Peachtree Quantum 2009 costs less than any similar accounting solution, and now offers small businesses greater value with better performance under heavy data and increased user access."

Peachtree Quantum 2009 offers exceptional improvements in product performance and scalability with a new increased capacity for up to 30 users, up from the original 10-user access. The new SmartPosting technology now available in Peachtree Quantum significantly improves the speed at which Peachtree Quantum operates; it enables Peachtree Quantum to run 4 times faster than QuickBooks® Enterprise 2008(2), the closest comparable solution, when tested in a 20 user, high transaction environment. The streamlined performance of Peachtree Quantum 2009 will easily handle the workload of 30 users and an expanding database(3), which will assist growing small businesses with accomplishing accounting tasks more quickly and efficiently.

As the most comprehensive accounting package in the Peachtree 2009 product line, Peachtree Quantum offers the exclusive functionality detailed above, along with all the new and improved features in the standard product line. Available in the late-May timeframe, Peachtree 2009 offers more business management tools including work smart features for time management and new employee payroll management functionality.

The Peachtree Quantum Business Care Plan is also included with product purchase. With this plan, companies receive one year of unlimited access(4) to high-level support specialists for both Peachtree Quantum and Microsoft® Excel®(5), and access to product updates and upgrades for 12 months from the date of purchase.(6) The Business Care Plan also includes an array of training options, including self-study guides and online training, both live and recorded. The Business Care Plan is unique at the small business level, and something typically only available with more expensive mid-market solutions.

With industry-specific features and reports to meet the specialized needs of small manufacturers, distributors, contractors, and nonprofit organizations, Peachtree Quantum provides growing small businesses with the accuracy, control, and results they require for successful business management. The Sage Software migration path expands the Peachtree product line and offers a natural transition up to Sage MAS 90 to ensure small businesses have familiar and affordable options to support their long term business growth.

Peachtree Quantum will be available in late May with the rest of the Peachtree by Sage 2009 line. Previews of Peachtree Quantum and the entire Peachtree 2009 line are available at the Sage Software Insights Conference in National Harbor, MD, May 12-15.

Pricing and Availability

Peachtree Quantum will be available direct from Sage Software or from the Sage Software network of Peachtree Certified Consultants. Pricing starts at $3,575 for upgrading customers and $3,950 for new customers. For more information, please call 800-228-0068, or visit www.peachtreequantum.com.

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) 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.

(2) Performance results are based on recommended system requirements for Peachtree Quantum Accounting 2009, which also satisfy the recommended 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.

(3) Peachtree does not impose a hard limit on database capacity, however, individual performance will vary depending on actual number of transactions, database size, and number of concurrent users. Data management efficiencies are also realized in the Peachtree 2009 products.

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

(5) Sage Software will assist with the management of Peachtree data in Microsoft Excel 2000, 2002, 2003 and 2007. We reserve the right to limit calls to one hour or one incident

(6) 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. Peachtree is a registered trademark of Sage Software, Inc. All other brands are trademarks of their respective companies.

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