The CPA Software News Awards Intacct Online Accounting With Five-Star Review Rating

Intacct Corporation, the leading provider of online professional accounting solutions, today announced that it has earned the highest possible rating of five-stars from The CPA Software News magazine in its annual review of professional web-based accounting systems.

In the review, the Intacct system was praised for its wide range of "mature applications" and a unique model that allows client companies to "to completely service everything from very small single-user needs to enterprise-level multi-location businesses with up to 1,000 employees." The publication also lauded Intacct for its comprehensive permissions system and customizable user-interface (that allows administrators and end-users alike to determine the amount of data available to each user), its "well-designed" reports—with full drill-down functionality, in addition to its top-tier partnerships for offerings including: online auditing, payroll, 401(k), CRM, and other high-demand functions. Intacct was also commended for its "exclusive distribution channel of participating CPAs, accounting outsourcers, value-added resellers, and solution providers," as well as its "pay-as-you-grow" pricing structure.

"The five-star review, which was performed by a publication dedicated to accounting professionals, clearly illustrates how Intacct successfully addresses the needs of accounting and financial professionals at all levels—from small business management to complete outsourced accounting," said Intacct CEO, David C. Thomas. "This recognition is a big win for Intacct."

"The product invites the accountant to become an active participant in encouraging clients to take advantage of the many benefits provided through an Internet or web-based accounting product," said The CPA Software News reporter, Brent Dirks, in the review.

The review in its entirety can be found in the June/July 2002 issue of The CPA Software News magazine, or at www.cpasn.com.

---About Intacct Corporation www.intacct.com---

Intacct Corporation is the leading provider of online professional accounting solutions. The Intacct accounting system is designed for companies that need more than an entry-level PC-based accounting package but want an alternative to complex, IT-intensive client/server solutions. In addition to its core accounting functionality, the Intacct accounting system also includes Intacct Audit, co-developed with Deloitte & Touche. Offered on a monthly subscription basis, the Intacct accounting system can be accessed via any current web browser and is both PC and Mac compatible.

---Contact---

Wendy Bednarz
Manager, Public Relations
Intacct Corporation
408.395.7549
wbednarz@intacct.com

Allison Green
Manager, Public Relations
Intacct Corporation
408.395.6109
agreen@intacct.com

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