Intacct CEO Appointed to SIIA Software Division Board

Intacct Corporation, the leading provider of online professional accounting solutions, today announced that CEO David C. Thomas has been appointed to the Software Division Board of the Software & Information Industry Association (SIIA). The SIIA is the principal trade association for the software and digital content industry.

As a member of the Software Division Board, Thomas will collaborate with software and Internet executives representing companies that range from industry-leading corporations to smaller visionary enterprises in order to share ideas, discuss business models, analyze trends, and address common challenges of the industry. The Division's programs support member business development through networking, partnerships, industry exposure and strategic insight on the issues and trends of the industry.

"As SIIA looks to further develop the software as a service space and to address the impact of web-based technologies, we welcome the experience that Mr. Thomas brings to the organization," said Fred Hoch, vice president of Software Programs, SIIA. "As founder of a company that has transformed the practice of accounting by delivering professional accounting software as a service over the Internet, we are fortunate to have David and the benefit of his perspective."

Thomas, the founder and CEO of Intacct, has more than two decades' experience in developing visionary, market-leading computer software and business solutions. He began his career in the late 1970s, writing time-sharing accounting software for mainframe computers. Later, he became one of the desktop software industry's pioneers when he architected and hand-coded the first accounting software program for the personal computer. That undertaking grew into a company called Cyma, which subsequently became a leader in the accounting software sector for much of its 20-year history, and which was acquired by McGraw-Hill in the mid-1980s.

--About SIIA--

The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, http://www.siia.net.

--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.


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