FRx Software Adds Intelligent Technologies to Expanding Reseller Roster

DENVER, Feb. 27, 2003 — FRx Software Corp., a Microsoft® Business Solutions company, today announced it has formed a reseller agreement with Intelligent Technologies Inc. (ITI), expanding FRx Software’s roster of Analytics Reseller Partners that offer the unique FRx®
Forecaster application.

FRx Software launched the FRx®
Analytics Reseller Partner Program in July 2002. The program allows qualified organizations to expand their business by giving them the opportunity to sell and implement FRx Software products that use enterprise resource planning (ERP) applications and that are not supported by one of FRx Software’s many ERP system interfaces.

ITI, based in Greensboro, N.C., has already sold FRx Forecaster solutions to one customer, S & D Coffee Inc., which is using the solutions to facilitate its budgeting and forecasting.
“FRx Forecaster is the leader in budgeting and forecasting solutions. We see it as an integral part of the complete solution we provide to our customers,”
said William Weathersby, president of ITI.

“Intelligent Technologies is a key addition to our growing number of analytics resellers that specifically offer FRx Forecaster solutions to help their customers solve budgeting and forecasting issues,”
said Holly Simpson, vice president of partner sales at FRx Software.

The FRx Analytics Reseller Partner Program offers a number of options and benefits for qualifying organizations. Companies are now able to distribute FRx Software applications with the added benefit of significant sales and marketing support provided by FRx Software. Support includes media relations assistance, product collateral development, remote sales training, cooperative marketing and webinar (online seminar) participation. FRx Software also assists resellers with certification, marketing and sales.

About Intelligent Technologies (ITI)

Intelligent Technologies is a Premier Partner with Microsoft Business Solutions. Founded in 1990, ITI is a complete provider of hardware, software and custom development solutions that cross all industries. With more than 400 customers in the Carolinas and Virginia, ITI is the largest Microsoft Business Solutions Partner in North Carolina. ITI is corporately located in Greensboro, N.C., with offices in Raleigh and Charlotte.

For more information, visit ITI’s Web site at http://www.inteltech.com/ .

About FRx Software

FRx Software Corp., a Microsoft Business Solutions company, is the leading provider of advanced financial analytic applications to midmarket and emerging enterprise organizations seeking to bring more control to their financial analysis and reporting processes. Its flagship product, FRx®
Financial Reporter, is used by more than 100,000 sites worldwide to bring control to the financial reporting process. FRx Financial Reporter also is considered the financial reporting standard for midmarket companies and emerging enterprises, with interfaces to more than 50 industry-leading financial accounting systems. FRx Forecaster is a browser-based budgeting and planning application that makes it easy for organizations to immediately realize the benefits of budgeting.

Additional information about FRx Software can be obtained by calling (800) 379-8733 or by visiting the company Web site at http://www.frxsoftware.com/ .

About Microsoft

Founded in 1975, Microsoft (Nasdaq
“MSFT”
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

Microsoft and FRx are either registered trademarks or trademarks of Microsoft Corp., FRx Software Corp., Microsoft Business Solutions ApS or their affiliates in the United States and/or other countries.

FRx Software Corp. and Microsoft Business Solutions ApS are subsidiaries of Microsoft Corp.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass/ on Microsoft’s corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.asp .

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