NetBooks Introduces WorkingPoint, the Complete Online Solution for Managing a Small Business

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

Tue Jun 16, 2009 9:00am EDT

Free Web-Based Suite Integrates Bookkeeping, Contact and Inventory Management,
Invoicing, Billing, and More
SAN FRANCISCO--(Business Wire)--
NetBooks, Inc., the developer of easy-to-use software for small business,
independent contractors, and home-based businesses, announced today the release
of WorkingPoint. An "in the cloud" application, WorkingPoint is the first fully
integrated online system that combines everything a small business owner needs
to successfully establish, manage and grow a business. With WorkingPoint, small
business owners no longer have to juggle separate software applications for
bookkeeping, contact management, inventory management, invoicing and billing.
The web-based WorkingPoint application combines all of these critical functions
and more into a single solution - saving a small business valuable time and
money. 

WorkingPoint is a fully secure, web-hosted service that is free for a single
user. Additional users can be added at any time for a nominal monthly fee. 

"There are so many invoicing and accounting `point solutions` available today,"
said Tom Proulx, NetBooks` Chairman and Co-Founder of Intuit. "However, by
integrating customer relationship management, enterprise resource planning and
inventory management into a single system, WorkingPoint has created a new
standard." 

According to Tate Holt, CEO of NetBooks, "We`re delighted with the positive
feedback we`ve received from our users during WorkingPoint`s beta release. They
tell us we`ve made their lives a little easier. And in this tough economic
climate, getting these entrepreneurs up and running quickly, while eliminating
the cost and hassle of multiple software applications, is a clear indication of
success." 

WorkingPoint's integrated online design allows users to easily import contacts,
quickly assign action items and inventory, generate invoices, track expenses and
payables, produce real-time financial reports and more, all with a few simple
clicks from any computer. All data is constantly backed up and completely
secure, yet there is little set up required and no software to install or
maintain. Best of all, WorkingPoint makes it easy to stay on top of everything
from bookkeeping to inventory and services, so people can focus more on growing
their business. 

Features of WorkingPoint include:

* Invoicing and Accounts Receivable 
* Expenses and Accounts Payable 
* Contact Management 
* Inventory Management 
* Financial Reporting 
* Cash Management 
* Double-Entry Bookkeeping

Premium features for WorkingPoint like time tracking and iPhone access will be
available later this year. More information can be found at www.netbooks.com or
www.workingpoint.com. 

About NetBooks, Inc.

NetBooks, Inc. develops easy-to-use software for small businesses, independent
contractors, and home based businesses. NetBooks` goal is to help the over 26
million self-employed and small business owners in the U.S. today run their
businesses more efficiently and successfully. 



NetBooks, Inc.
Tate Holt, 415-399-9716
tate@netbooks.com
or
VOXUS Inc. (for NetBooks)
Andrew Goss, 253-853-5151 ext. 224
agoss@voxuspr.com

Copyright Business Wire 2009

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