Intacct Nabs Hot 100 Honors: Financial News

SAN JOSE, CA--(MARKET WIRE)--Apr 21, 2008 -- The accolades for Intacct continue to roll in. Intacct, a leader in on-demand financial management and accounting applications, today announced that it has been highlighted by JMP Securities as one of "The Hot 100: The Best Privately Held Software Companies." The report profiles 100 of the leading private companies in the software industry as identified by the software research team at JMP Securities. Intacct continues to surround itself with hotness and congratulates the 15 Intacct clients and partners that also made the 2008 Hot 100 list.

"We thank our customers and partners for making this honor possible, and we thank JMP Securities for this terrific recognition," said Mike Braun, president and CEO of Intacct. "Intacct is 'hot' because we're growing fast by delivering a compelling solution to growing businesses that are telling others about our amazing value proposition. We compete in the largest and most well developed segment of the application software market, so our growth is a real source of pride and something we owe to our clients."

With more than 2,500 clients and 100 business partners, Intacct's rapid growth in the market for financial management and accounting applications is driven by several key factors:

 
--  A focus on helping growing businesses move to "life after QuickBooks."
--  A compelling value proposition for mid-sized companies looking to go
    on-demand.
--  The depth and maturity of Intacct's applications.
--  An intense focus on customer success.
--  A fast time to value through Software as a Service (SaaS).
--  A best of breed philosophy.

The 2008 Hot 100 report is available from JMP Securities. For more information on Intacct's financial management applications, please visit http://www.intacct.com/pr/products.

About Intacct

Intacct is a market and technology leader in on-demand financial management and accounting applications. The company's award-winning solutions are used by thousands of businesses, from startups to public companies, to manage and share financial, supply chain, and professional services information. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, project management, payroll, and financial reporting applications, all delivered over the Web via Software as a Service. Intacct is the only on-demand financial management solution seamlessly integrated with salesforce.com. As a company grows, Intacct's deep and mature applications, SAS 70 Type II certification, and documented processes support Sarbanes-Oxley compliance for public enterprises.

Intacct is headquartered in San Jose, California, with operations in Bangalore, India. For more information, please visit www.intacct.com or call 877-437-7765 or 408-878-0900.

Intacct and the Intacct logo are trademarks of Intacct Corporation. All other product and companies names mention herein may be trademarks of their respective owners.