Sage and iLumen Partner to Bring Big Business Analysis Capabilities to Small Firms in Peachtree 2010

* Reuters is not responsible for the content in this press release.

Tue May 19, 2009 11:26am EDT

  ATLANTA, GA, May 19 (MARKET WIRE) -- 
Sage North America announced today the availability of the Peachtree by
Sage 2010 product line, offering new features and improvements that bring
greater visibility, enhanced analytics, and increased productivity to
small businesses. Through a unique partnership with iLumen, small
businesses who use Peachtree 2010 will have seamless access to financial
analysis and comparative benchmarking capabilities specific to their
industry, their geography, and small businesses overall.

    With the new Business Analytics(1) feature in Peachtree, powered by
iLumen, small businesses can:


--  See how their company is performing compared to other companies, using
    the new customizable company Performance Monitor dashboard.
--  Use this tool to improve financial health and make critical decisions.
    Get instant access to view up-to-date key financial trends in order to
    compare items such as Total Revenue, Gross Margin %, Days Sales
    Outstanding, and much more.
    

    
"In the past, access to this kind of financial analysis and
benchmarking data with iLumen's service was primarily only available to
banks and accountants, who in turn used it when working with clients,"
said Connie Certusi, general manager, small business accounting
solutions, Sage North America. "We're thrilled to arm our small business
and accountant customers with this powerful analysis tool, to help them
gain a clear picture of where they are, where they are going, and where
opportunities exist."

    With Business Analytics, small businesses gain access to many of the same
powerful capabilities that are used by leading banks, accounting firms and
larger businessess to provide financial insights and trend analyses. The
feature is included for Peachtree users, making it a tremendous value for
small businesses and accountants alike. They will be able to access
relevant financial analysis, compare their own business performance
against their industry's performance, and gain a deeper understanding of
their own business challenges and opportunities.

    "We are delighted to partner with Sage and power the Peachtree product
with our analytic and benchmarking capabilities," said Michael Canzian,
President, iLumen. "We have packaged our service to be 'inside the box'
with Peachtree, making it a very unique and powerful deployment of the
iLumen capabilities for their users."

    Pricing and Availability

    Business Analytics, powered by iLumen, is available across the Peachtree
2010 product line. Peachtree Premium Accounting 2010, Peachtree Complete
Accounting 2010, Peachtree Pro Accounting 2010 and Peachtree First
Accounting 2010 are now available direct from Sage and will be available
from most computer retailers and office supply stores in mid-June. The
suggested retail price for Peachtree Premium Accounting 2010 is $499.99,
Peachtree Complete Accounting 2010 is $299.99, Peachtree Pro Accounting
2010 is $199.99, and Peachtree First Accounting 2010 is $99.99. The
Multi-User Value Pack (5 seat license) of Peachtree Complete Accounting
retails for $699.99, while the Peachtree Premium Accounting 2010
Multi-User Value Pack (5 seat license) can be ordered direct from Sage for
$1,199.99. Peachtree Quantum and the industry-specific solutions for
accountants, distribution, nonprofits, construction, and manufacturing are
now available direct from Sage Software, selected resellers, and hundreds
of Peachtree Certified Consultants nationwide. The manufacturer's
suggested retail price for the industry-specific editions of Peachtree by
Sage Premium Accounting 2010 are $499.99 for single user and $1199.99 for
multi-user (5 seat license). 10, 15, 20, 30 and 40 seat licenses are
available for Peachtree Quantum, which starts at $4450.00 for new
customers, $3975.00 for upgrading customers. High value competitive
rebates are available from Sage for customers on other small business
accounting packages. Call 800-228-0068 for more details.

    About iLumen

    iLumen Inc. provides technology to capture, standardize, analyze and
distribute company financial data in order to solve critical problems in
risk management, relationship management and financial oversight within
the banking, accounting corporate, and small business environments.
iLumen's services are based on a proprietary business intelligence and
data mapping engine that delivers clean, accurate and timely customer
data to enable efficiency, customer intelligence, and competitive
advantage . For more information visit www.ilumen.com or call
888-663-8003. iLumen(R), iDEA(TM), Portfolio Connection(TM) and Customer
Connection(TM) are trademarks of iLumen Inc., all rights reserved.

    About Sage North America

    Sage North America is part of The Sage Group plc, a leading global
supplier of business management software and services. At Sage, we live
and breathe business every day. We are passionate about helping our
customers achieve their ambitions. Our range of business software and
services is continually evolving as we innovate to answer our customers'
needs. Our solutions 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
North America employs approximately 4,100 people and supports 2.9 million
small and medium-size business customers. The Sage Group plc, formed in
1981, was floated on the London Stock Exchange in 1989 and now employs
more than 14,500 people and supports more than 5.8 million customers
worldwide. For more information, please visit the web site at
www.sagenorthamerica.com or call 866-308-2378.

    (1) Internet access required. Service is embedded within Peachtree 2010,
however is also available for Peachtree 2008 and 2009 products via a
separate application download from www.peachtree.com.

     Copyright2009 Sage Software, Inc. All rights reserved. Sage, the Sage
logos, Peachtree, and the Sage product and service names mentioned herein
are registered trademarks or trademarks of Sage Software, Inc. or its
affiliated entities. All other trademarks are the property of their
respective owners.

    

Media Contacts:
Aimee Ertley
770-724-4556
aimee.ertley@sage.com

Emily Lotz
404-995-4526
emily.lotz@porternovelli.com

Copyright 2009, Market Wire, All rights reserved.

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