Gossip

Company Extends Mid-Market ERP Capabilities with Business Analytics, Strengthens Distribution of Vanguard GPS Solution

ANDOVER, Mass - October 10, 2005 - Exact Software™, a leading provider of solutions that connect the people, processes and knowledge essential to an organization, today announced that the company has completed the acquisition of Vanguard Solutions Group, a Glen Ellyn, IL-based provider of enterprise business intelligence solutions. The acquisition enables Exact Software to more fully address the growing need within the mid-market for comprehensive business analytics capabilities that extend traditional financial reporting and ERP functionality. It also widens distribution channels for the Vanguard Graphical Performance Series® solution worldwide.

The acquisition is a natural extension of the strategic partnership between Exact Software North America and Vanguard Solutions that led to the development and release of Exact Business Analytics in October 2004, a robust business analytics solution that is fully integrated with the Exact Macola ERP product line. As a result of the acquisition, Exact Software will be able to more tightly integrate Exact Business Analytics with its existing product family, and develop additional capabilities to meet the evolving needs of both Exact and Vanguard customers and prospects.

“With the ERP market becoming increasingly commoditized, Exact Software has differentiated itself by delivering complementary solutions that extend traditional ERP functionality to unlock greater value and efficiency,” said James P. Kent Jr., CEO of Exact Software North America. “The acquisition of Vanguard Solutions bolsters this strategy and positions us for future growth by providing Exact Software with excellent technology and deep domain expertise in the enterprise business analytics software market.”

As a result of the acquisition, Vanguard Solutions will become a division of Exact Software North America, which also includes the Macola, JobBOSS, MAX and Alliance/MFG divisions. In addition, Anthony Balio, Vanguard’s president and CEO, will stay on with Exact Software North America, joining the company’s executive team. Vanguard will continue to develop and distribute the Vanguard Graphical Performance Series solution and related business intelligence technology worldwide.

“We are excited about becoming part of the Exact Software family,” said Mr. Balio. “With a strong reputation and unsurpassed commitment to product development, Exact Software has the expertise and resources to ensure that we consistently deliver market-leading business analytics and performance management solutions to our customers, partners and prospects.”

Exact Online launched in Belgium
Delft, May 4, 2006 ?Exact Holding N.V. (Exact) announces that it has launched its online bookkeeping solution, Exact Online, in Belgium. Earlier, in November 2005, Exact launched its ASP product in the Netherlands. Exact Online is a fast, safe and easy to use solution that facilitates the collaboration between the accounting or administration offices and the entrepreneur. With Exact Online both parties have access to the same information and the exchange of data can be done very efficiently. Rajesh Patel, CEO of Exact ?EM>The good reception of Exact Online in the Netherlands gave us confidence to launch it in Belgium as planned. In Belgium we have a strong position in the low end of the mid market and this solution perfectly complements our offering in this segment.?/P> Exact Online is an internet accounting offering for which subscribers pay a fixed amount per month. Companies do not have to invest heavily in advance in a business solution. Hosting, upgrades of the software and support by a professional helpdesk are included in the subscription fee. After logging in accountants and entrepreneurs work in a secured internet surroundings.

Engage 2007 – Bigger and better than ever in Texas
Exact Software North America recently hosted approximately 1,000 of its customers and business partners for the annual Engage 2007 user conference, held March 11-14, 2007. This year’s event took place in Dallas , Texas and provided Exact customers with the latest information and also provided an opportunity for customers to meet one another and share their knowledge and experience with Exact’s product offerings. Attendees at one of the main stage sessions at Engage 2007. Exact Software North America CEO Jim Kent addresses Engage attendees. This year’s Engage conference was bigger and better than ever, with over 160 product sessions, a solutions lab allowing customers to see new products first hand, a vendor showcase highlighting third-party add-on solutions, and presentations from Exact executives and staff. Exact also welcomed a keynote address from bestselling author D. Mike Abrashoff, who shared some insight from the grassroots leadership practices highlighted in his book, It’s Your Ship, with the Engage attendees. D. Mike Abrashoff delivers the keynote address at Engage 2007. Engage 2007 attendees visit the Exact Solutions Lab to see the latest Exact solutions. We’d like to thank all of the customers, business partners, and Exact employees that helped to make Engage 2007 such a tremendous success. Planning for Engage 2008 is already under way. Next year’s event will take place April 6-9, 2008 at the fabulous Las Vegas Hilton. Further details on Engage 2008 will be announced as they are made available.