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PRESS RELEASE - BizNet Software

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PRESS RELEASE - BizNet Software Powered By Docstoc
					                                                                                      PRESS RELEASE

Biznet Contact:
Eric Eager
Vice President
(972) 893-0000 Ext 108                                                                                 -
eeager@biznetsoftware.com

               TIW Technology, Inc. Partners with BizNet Software to Fortify
                      Financial Reporting within its ALERE® Solution
                    Manufacturing and accounting software provider enhances its
             Excel®-based reporting tool set with BizNet Excel® Business Information Suite



DALLAS, TX and EASTON, PA (September 28, 2010) — BizNet Software and TIW Technology, Inc. today
announced a partnership agreement to integrate the BizNet Excel® Business Information Suite with
TIW's ALERE® Accounting solution and to designate the BizNet suite as TIW's preferred financial
reporting solution.

ALERE ® Accounting is a comprehensive accounting solution for the mid-market. Among its optional
features, ALERE ® offers users the ability to format, analyze, merge and export Excel®-based reports.
According to TIW president, Rod Hatcher, functional and support issues with his company's long-time
financial reporting provider compelled him to make the switch to BizNet. "There certainly is a demand in
the marketplace for an Excel-based reporting system and BizNet represents an opportunity for us to
align with a company that is much stronger in the market, with a much more sophisticated tool set."

The BizNet Excel® Business Information Suite offers businesses a one-stop business intelligence solution
for the day-to-day challenges they face in compiling Excel® reports and accessing, analyzing and
distributing data throughout the organization. The suite consists of three products, BizInsight™, its
reporting and business intelligence component; BizContent™, which provides real-time database
connectivity and consolidation, extending and automating the sharing of data and existing spreadsheets
between business systems; and BizBroadcast™, which enables organizations to automate the creation
and distribution of Excel® reports in a variety of formats and methods.

Mr. Hatcher sees the nature of BizNet's financial reporting and interpretation capabilities as aligning
closely with ALERE ® Accounting, particularly for his larger customers. "They're the ones who have the
time and resources to want to take that ability to analyze their business to a more sophisticated level.
ALERE ® provides all the tools and reports necessary for day-to-day business activity, whereas BizNet
steps it up a level on the analysis side of the business. They offer more trend analysis, beyond simple
accounting. The bottom line is that we and BizNet have a mutual approach. We're a real-time system
with a lot of drill-down capabilities, which is exactly what they are; they're a natural extension of what



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we do, and that's going to provide a lot of value to users who want to have a better insight into their
business."

BizNet president & CEO, George McMann, sees strategic benefits for both companies. "Making the
BizNet Excel® Business Information Suite available to TIW's customers is a critical step in establishing
BizNet as the industry standard for reporting solutions. TIW's customers, on the other hand, will now
have access to a fully updated and sophisticated financial reporting system that's affordable, easy to
use, powerful and one developed specifically for distributing and transferring data in the most widely
used reporting solution of them all - Excel®."



ABOUT BIZNET SOFTWARE:

BizNet Software®, Inc. (BizNet) builds pre-integrated Excel-based business reporting and analytics products for the
mid-market. Founded in 1996 to take the mystery out of databases, BizNet focuses on data integration guided by
financial and accounting professionals with a real-world understanding of corporate financial, operational and
technical requirements to extract and present data with efficient, powerful and easy-to-use tools that leverage
existing financial and desktop systems. Its flagship product BizInsight creates a real-time link to business data for
dynamic access to the most accurate and current data in Excel-based spreadsheet reports. Built upon fundamental
accounting disciplines and controls, BizNet solutions create a self-sufficient work environment for professionals
that streamlines workflow and improves productivity. BizNet Software is a privately held company based in Dallas,
TX. More information about the company is available at http://www.biznetsoftware.com.



ABOUT TIW TECHNOLOGY, INC.:


Since 1983 TIW has been providing software solutions for businesses. Clients, who range in size from small
operations all the way to substantial mid size corporations, rely on applications from TIW. They do so because of
the considerable experience that is used by TIW to develop sophisticated accounting and manufacturing products
designed to fit the needs of their business. The TIW focus is on solving functional problems that are roadblocks to
growing companies. We do this by placing an emphasis on the details that make day-to-day activities run
smoothly. This approach is best exemplified in the ALERE Accounting product, which breaks new ground by
incorporating functionality that, before now, has simply not been available to business users. More information
about the company is available at http://www.tiwcorp.com.


Microsoft and Excel are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other
countries.

				
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