SOURCE: Sage Software

September 18, 2006 13:00 ET

Sage Software Launches Sage Timberline Office Version 9.4 Offering Faster Deployment Functions, Integration Efficiencies and Improved Estimating Features

Dozens of Enhancements Added to Award-Winning Construction and Real Estate Solution, Including Time Saving Shortcuts and Automation Tools

BEAVERTON, OR -- (MARKET WIRE) -- September 18, 2006 -- Sage Software announced today the availability of version 9.4 of its award-winning Sage Timberline Office integrated financial and operations software for construction and real estate industries. This latest version includes dozens of performance enhancements and integration efficiencies, such as Setup Wizards and estimating database tools.

"New clients will be quickly impressed with the ease of installation and our existing clients will want to upgrade to this version because there are so many improvements based on best practices and feedback from Sage Timberline Office customers," said John Geffel, Sage Software senior vice president and general manager, Construction and Real Estate division.

Highlights of the more than two dozen major improvements in Sage Timberline Office 9.4 include:

--  Faster implementation via set-up wizards: New Setup Central tools walk
    users through the steps necessary to get up and running.
--  Easier access to key tasks via Job Central: Working directly from the
    Sage Timberline Office Desktop, a quick launch platform lets users easily
    set up common jobs and contracts from one convenient location.
--  Instant Integration: Workflow Centers integrate business processes and
    provide intuitive access to frequently performed tasks, such as check
    printing and invoice entry, cutting steps and improving efficiency.
--  Improved module integration: The Residential Management module now
    offers seamless integration of data with the Accounts Payable, General
    Ledger and Cash Management modules.
--  One-time entry: The Document Management module now allows a single
    point of entry for jobs -- linking scanned invoices directly with accounts
    payable data.
--  Automated database setup: Structuring and building an estimating
    database has never been so easy. A new database builder wizard takes users
    through the process, allowing them to take full advantage of the software
    benefits sooner.
--  New Residential Knowledge Base: With more than 9,000 items, 63
    assemblies and 29 models specific to residential builders.
--  Estimating database maintenance efficiencies:  The ability to
    instantly update databases from estimates, improvements in adding and
    updating "one-time" items and a 60 percent increase in database categories
    are just a few of the new features that help make Estimating easier for
    users.
    
The new method of keeping database pricing current drew enthusiastic applause when announced at a recent Sage Timberline Office customer conference.

"If you have 10,000 items in your database, keeping pricing current is a huge job -- imagine the keystrokes necessary to change each item individually," said Gary Simpson, Sage Software estimating product director. "With this release we've added the ability to automatically and instantly save information from your estimate back to the database which saves a lot of time and really simplifies database maintenance. Less time doing maintenance leaves more time to crank out winning bids."

Sage Timberline Office is used by more than 20,000 clients, including leading commercial, industrial, residential and specialty contractors; real estate developers and managers; residential builders; government institutions and a variety of corporations.

Integration in action

HFH Ltd, a property management company that adopted Sage Timberline Office in 1999, and has been expanding its usage ever since, now uses the software to perform all accounting processes involved in property management, including general ledger, billing, check writing, bank reconciliation and financial statements. Twice the firm has won a "Toby Award," or Building of the Year, from the Building Owners and Management Association (BOMA) for its management of Allied Plaza in San Diego, Calif.

HFH property manager Mary Youngman, RPA, credits efficiencies in Sage Timberline Office with helping cut report time from 20 hours a week to a few minutes, producing checks in 80 percent less time and cutting bank reconciliation time in half.

"The integration of Sage Timberline Office modules is wonderful," says Youngman. "It is surprisingly easy to get back and forth between modules. Also, I've been able to customize the software quickly to meet our specific needs, without having to go through weeks of training."

Availability

Sage Timberline Office 9.4 is now available from authorized Sage Timberline Office business partners. To locate a Sage Timberline Office business partner, call 1-800 628-6583 or log on to www.sagetimberlineoffice.com.

Sage Software has a growing portfolio of business management solutions specifically tailored for the construction and real estate industries. The portfolio is designed to provide support through the growth cycle of a business and includes:

Peachtree by Sage Premium Accounting for Construction: For small contractors, this award-winning entry-level system offers all of the accounting functionality plus construction-specific features and analysis tools they need to get started.

Sage Master Builder: When a business starts to outgrow Peachtree, Sage Master Builder provides more sophisticated construction management features and increased support for managing the profit cycle.

Sage Timberline Office: For medium to large companies, Sage Timberline Office offers integrated financial and operations software and provides the most sophisticated level of functionality in the Sage Software portfolio of construction solutions.

All products are backed by Sage Software's award-winning support organization.

Sage Software helped an unprecedented nine clients win Constructech magazine "Vision Awards," garnering nine enabler awards and a "Gold Team" award and was recently chosen one of Constructech magazine's "Hottest Companies of the Year" for a second consecutive year. CPA Magazine named Sage Timberline Office and Sage Master Builder as two of its Top 5 Construction software programs and The CPA Technology Advisor recently awarded Sage Timberline Office a coveted 5-star overall ranking in its annual review of accounting and business management software designed for the construction industry.

About Sage Software

Sage Software supports the needs, challenges and dreams of more than 2.6 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 accounting practices and 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 to mid-sized businesses. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and the Group now has 5.0 million customers and employs over 10,500 people worldwide. For more information, please visit the Web site at www.sagesoftware.com/moreinfo or call (866) 308-2378.

© 2006 Sage Software, Inc. All rights reserved. All other brands are trademarks of their respective companies.

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