FRx Software Doubles the Size of Its Analytics Solution Provider Program

DENVER, Aug. 24, 2004 — FRx Software Corp., a Microsoft company and a part of Microsoft Business Solutions, today announced it has recently signed 28 premier technology organizations to its Analytics Solution Provider program. The FRx Software partner program is designed to extend the availability of Microsoft Business Solutions for AnalyticsFRx and Microsoft Business Solutions for AnalyticsForecaster through a specialized channel to companies looking for tighter control over their financials and for more visibility into the financial health of their organizations.

“Todays competitive business environment means midmarket segment companies and emerging enterprises need the ability to analyze financial trends and identify new risks and opportunities that affect their organization,”
said Chris Scherpenseel, president of FRx Software.
“By building a strong Analytics Solution Provider program, FRx Software and this important group of selling partners can more effectively meet the need for accurate financial reporting and budgeting, empowering companies to drive business growth and meet their goals.”

Scherpenseel believes the recent growth of the FRx Software Analytics Solution Provider program is a result of customer demand and the introduction of Microsoft Business Solutions for AnalyticsIntegration Designer, a tool that simplifies and accelerates the process of developing integrations between FRx and virtually any general ledger (GL) system in the midmarket segment. The company recently announced the availability of Integration Designer 2.0, a release equipped with new product features and enhancements that enable Analytics Solution Providers to quickly and cost-effectively offer FRx to midmarket segment companies with GL packages not already supported by FRx Software. With less time and effort required to build integrations with FRx, Analytics Solution Providers can offer their customers a leading application while enjoying increased profitability and recurring revenue opportunities.

The group of newly signed Analytics Solution Providers comes from a diverse industry background, but each organization is focused on providing technology and consulting services to help customers increase efficiencies and reduce costs. New FRx Software Analytics Solution Providers are Acumen Business Solutions Pty. Ltd., ADONIX, AlphaGen Ltd., Altara, AmperSys Corp., Applied Business Technology, BIAPRO Solutions, Biztools Pty Ltd., Blue Horseshoe Solutions Inc., BM Associates Inc., CBH Consultants Inc., Cosyne Enterprises Inc., eCapital Advisors LLC, Elucidations, Empower Business Solutions, eOne Integrated Business Solutions, ePartners Inc., Etaris, Evolutionary Business Solutions Inc., LBMC Technologies LLC, MaxQ Technologies Inc., MPS Associates LLC, Net@work, NextCorp Ltd., Odyssey Software, Omnios LLC, Pontifex Solutions and SVA Consulting Inc.

“We are excited to welcome so many new top companies to our Analytics Solution Providers program,”
said Holly Simpson, vice president of Partner Sales at FRx Software.
“Their involvement helps us better serve the midmarket segment in delivering valuable financial analytics applications that let companies make more-informed business decisions.”

Analytics Solution Providers have the ability to take advantage of the strong brand recognition and established presence of FRx Software. In addition to a solid reputation for providing leading financial analytic solutions specifically designed for midmarket and emerging enterprise segment companies, FRx Software also offers Analytics Solution Providers a support system that includes comprehensive sales and implementation training, marketing opportunities, and more, all intended to help companies develop a profitable financial analytics practice around FRx and Forecaster.

Highlights of the FRx Software Analytics Solution Provider program include these:

  • Revenue growth. Channel managers are committed to helping Analytics Solution Providers build a financial analytics practice around FRx Software applications.

  • Lead generation. FRx Software works with Analytics Solution Providers to help increase prospect pipelines quickly.

  • Sales training. FRx Software channel managers provide an extensive sales training program, delivering the tools and support necessary to help ensure ongoing, long-term selling success.

  • Implementation training. FRx Software provides hands-on training classes enabling Analytics Solution Providers to become trained and certified to install and support FRx and Forecaster in 10 or fewer days.

  • New product training. Partners are trained on the new functionality of FRx Software products, allowing them to launch marketing campaigns simultaneously with new product releases.

About FRx Software

About FRx Software FRx Software, a Microsoft company and a part of Microsoft Business Solutions, is a leading provider of advanced financial analytic applications that work with virtually any general ledger to give companies the control they need to be more effective. Its product suite, Microsoft Business Solutions for AnalyticsFRx and Microsoft Business Solutions for AnalyticsForecaster, can improve productivity by helping customers efficiently manage their organizations financial reporting and budgeting processes. FRx is used by more than 115,000 sites worldwide to gain immediate control of the financial reporting process. Forecaster is a browser-based budgeting and planning application that makes it easy for organizations to quickly realize the benefits of budgeting. Used together or separately, FRx and Forecaster provide the financial visibility customers need to actively manage their business and take decisive action. The applications are widely available through a worldwide channel of Integration Partners and Analytics Solution Providers, who can help companies quickly implement these solutions and start saving time and money throughout the year. Additional information about FRx Software can be obtained by calling (800) 379-8733 or +1 (303) 741-8000, 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 solutions that help people and businesses realize their full potential.

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

FRx Software Corp. is a wholly owned subsidiary of Microsoft Corp.

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

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