New software solution leverages Microsoft platform to create a more secure, efficient and productive work environment

Dallas, Texas - April 19, 2004 - BizNet Software® Inc., a leader in combining accounting and technology expertise to help companies improve financial reporting and processes, today announced the release of BizNet Insight, a fully integrated Business Performance Management (BPM) solution.

BizNet Insight is built on the Microsoft platform for reporting and analysis to meet the unique needs of mid-market companies.  BizNet Insight is a fully integrated, easy to use, Web-based portal that helps businesses improve reporting and budgeting capabilities, monitor key performance indicators, assign accountability to business managers and measure performance to strategic goals. 

"In today's business environment, mid-market executives face a unique set of challenges around BPM that demand a targeted solution," said BizNet Software CEO and President George McMann.  "By leveraging the Microsoft platform for reporting and analysis, BizNet Insight integrates existing systems to bridge the gap that exists between accounting and IT organizations to deliver all the benefits of an enterprise BPM solution at a much lower cost."

The BPM applications within BizNet Insight provide a comprehensive support system for the entire management cycle, delivering internal controls, budgeting, planning, forecasting, financial consolidation and reporting and powerful analytics.  BizNet Insight integrates existing systems and financial data to increase productivity through systematic efficiency.  BizNet Insight's layered architecture creates an extensible environment, ensuring that new features and solutions can be quickly added to existing solutions as needed.

###

About BizNet Software, Inc.
BizNet Software®, Inc., based in Irving, Texas, is a provider of Business Performance Management (BPM) solutions to mid-market companies.  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 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 financial portal, financial reporting, budgeting and planning, business intelligence and score-carding.

CONTACT:

Kenneth Kracmer
Michael & Partners
kkracmer@michaelpartners.com
972.716.0500 x15

Ben McMann
BizNet Software
bmcmann@biznetsoftware.com
972.893.0000 x101