Intacct Wins 2009 SIIA CODiE Award for Best Financial Software Solution

SAN JOSE, Calif. – May 7, 2009 –Intacct, a leader in on-demand financial management and accounting applications, today announced that it has once again won the Software & Information Industry (SIIA) CODiE Award for Best Financial Software Solution. Intacct was also recognized with the CODiE Award in this same category in 2007. The annual SIIA CODiE Awards celebrate outstanding achievement and vision in the software, digital information and education technology industries.

More than 850 products were nominated for a CODiE Award in 2009. Intacct was selected for the 2009 CODiE Award for Best Financial Software Solution over Xactly, the 2008 winner, as well as products from Angelsoft, Concur, ExpenseWire and Planitax. Other leading financial applications were nominated, but were not named as one of the finalists. Intacct was joined by many clients and partners, including Adaptive Planning, Appirio, AtTask, Boomi, Clickability and salesforce.com, as CODiE Award winners in other categories.

"We are honored to once again receive the distinction of being the top financial software solution from the SIIA," commented Mike Braun, president and CEO of Intacct. "Winning a 2009 CODiE Award is a great achievement and further validates what we continually hear from our clients, that Intacct delivers real value to our customers and helps them improve the performance of their business."

Intacct is helping to drive the transformation of the accounting and financial management industry by delivering mature cloud computing-based applications that provide superior functionality while also being easy to use, easy to deploy, cost effective and low risk. Beyond technology, Intacct also offers clients and partners an unmatched commitment to their success and satisfaction that translates into yearly renewal rates that often approach 100 percent. It was these powerful differentiators that led the 350,000 member American Institute of Certified Public Accountants (AICPA) to recently name Intacct its preferred provider of financial applications. (Read the recent press release - http://bitly.com/Intacct_AICPA.)

"Now in its 24th year, the CODiE Awards continue to recognize those companies providing the best new technology products and services across a broad array of industries," noted SIIA President Ken Wasch. "In addition, its winners are a prolific testament to the power of technology to deliver innovative solutions to businesses and consumers. SIIA warmly congratulates all of the winners and nominees of the CODiE Awards, whose innovation is essential for continuing America's leadership in the global knowledge economy."

Through a unique combination of journalist and expert peer review, the CODiE Awards recognize more than 70 categories of outstanding products and services and hold the distinction of being the only peer-recognition awards program of its kind in the industry. This year, more than 850 CODiE nominations were submitted by 600 companies. A panel of expert judges narrowed the field to 345 finalists, from which the 2009 CODiE winners were chosen. To view the complete list of winners, visit http://www.siia.net/codies/2009/winners.asp.

About Intacct
Intacct is a market and technology leader in on-demand financial management and accounting applications. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by thousands of businesses, from startups to public companies and are designed to improve company performance and make finance more productive. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via Software as a Service.