Dallas, Texas - January 24, 2005 - BizNet Software® Inc., which combines accounting and technology expertise to help companies improve financial reporting and processes, adds three new employees and positions as part of an initiative to bring more depth to the company's professional services efforts.  Eric Mehringer joins as Vice President of Professional Services, Shiv Seegobin as Director of Technology and Operations, and Karin Walsh as a Senior Consultant in the professional services division.

"BizNet is positioned to make significant strides in 2005, and the most important part of our company's success is the people we put in place," said Mike Shea, COO of BizNet Software.  "With the expansion of our professional services efforts, we are pleased these new employees will play an influential role in the strategic, tactical and business direction of the company."

As Vice President of Professional Services, Mehringer will manage and expand BizNet's professional services efforts including managing product implementations, expanding the business consulting efforts and continuing development of compliance efforts.  Prior to joining BizNet, Mehringer was CFO of Magnablend, Inc.  His former experience also includes positions as director of Nextera, practice manager at Oracle, and manager at KPMG.  Mehringer has a bachelor's degree in accounting and a master's degree from Dallas Baptist University.

Seegobin joins BizNet in a newly created position as director of technology and operations and will manage production support, product development, software development and computer operations.  He has more than 20 years of experience in database administration and application development.  Prior to joining BizNet, Seegobin was involved in a large data warehouse design effort at Keyspan Energy in New York and has worked on several other technical projects including efforts at Nortel and Lighthouse.  Seegobin holds a bachelor's degree from York University in Toronto.

Walsh brings her expertise in finance to the professional services team as a senior consultant.  She will focus on the compliance product efforts, as well as the methodology, processes and requirements for use of BizNet's compliance product with Sarbanes-Oxley.  In her former experience, Walsh worked as a contractor for 7-Eleven on its Sarbanes-Oxley compliance project.  She also served as director of financial reporting at Carlson Restaurants Worldwide, where she played a lead role in process improvement initiatives, including finance transformation, and completed Six Sigma green belt training.  Previous to Carlson, she was the operations manager at Baxter Healthcare, Inc.  Walsh is a CPA with a bachelor's degree in accounting and a master's degree in management information systems and management from Dallas Baptist University.

About BizNet Software, Inc.
BizNet Software®, Inc., based in Irving, Texas, is a provider of Business Performance Management (BPM) solutions to the mid-market.  Based upon fundamental accounting disciplines and controls, the firm's approach is designed to leverage a company's existing investment in financial software and desktop solutions.  Its flagship product, BizNet Insight, provides financial and accounting professionals with one easy to use web-based location for collecting, reporting, distributing and analyzing information to improve overall business performance.  BizNet's fully integrated line of BPM applications, built on the Microsoft platform for business reporting and analysis, includes document and file management,  financial reporting, budgeting and planning, business intelligence, score-carding and compliance management.

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CONTACTS:

Stephanie Coggin
Michael & Partners
scoggin@michaelpartners.com
972.716.0500 x17

Ben McMann
BizNet Software
bmcmann@biznetsoftware.com
972.893.0000 x101