FRx Software Announces FRx Analytics Reseller Partner Program

DENVER, July 24, 2002 — FRx Software Corp., a Microsoft Business Solutions company, today announced it has launched the FRx®
Analytics Reseller Partner Program. The new 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 that are not supported by one of FRx Software’s many ERP system interfaces.

“The FRx Analytics Reseller Partner Program will empower resellers with the knowledge necessary to become the analytics consulting expert for their existing customers as well as markets that they haven’t penetrated yet,” said Holly Simpson, vice president of partner sales at FRx Software. “Reseller partners will be able to expand their businesses by selling value-added implementation and training services associated with rolling out analytical solutions to new markets at an enterprise level.”

“For nearly 10 years, the Lighthouse Group has been building expertise around FRx Software products,” said Myles Beskind, president of the Lighthouse Group, which delivers technology-based business consulting services to the enterprise. “We are honored to be one of the first partners in the FRx Analytics Reseller Partner Program, and feel that because of our participation in it, we are already expanding our business by selling value-added FRx Forecaster implementation services. Our first customer under this program, which uses a custom-built general ledger application, has already saved more than $200,000.”

The FRx Analytics Reseller Partner Program offers a number of options and benefits for qualifying organizations. Not only are companies now able to fully resell FRx Software applications, significant sales and marketing support also is now available to resellers. That support includes media relations, product collateral, remote sales training, a co-op marketing program, Webinar (Web seminar) participation, and automatic enrollment in a program designed to assist resellers with certification, marketing and sales activities.

Korey Lind is president and CEO at Third Wave Business Systems, a provider of business and enterprise solutions and applications. Lind’s company has enjoyed a long relationship with FRx Software.

“Now more than ever, it’s important for companies to budget and plan proactively and analyze numbers rapidly in order to make timely informed decisions. As an experienced enterprise solutions provider, we’re in a perfect position to help organizations realize the benefits of financial planning and analysis tools,” Lind said. “We’ve been implementing analytic applications for FRx Software for almost 10 years now. The fact that we can expand on this experience by selling integration, installation and training services associated with rolling out analytical solutions to new markets at an enterprise level is very exciting and helpful, considering the current state of the economy.”

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. Enterprise Reporting, the third application rounding out FRx Software’s comprehensive product suite, gives companies the flexibility to create the most efficient solution for complex, distributed reporting requirements. With Enterprise Reporting, companies can easily automate procedures unique to their business environment to give them complete control over consolidations, statutory reporting, budgeting and analysis.

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.

FRx Software is a registered trademark of FRx Software Corp. in the United States and/or other countries.

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