Pre-integrated product line offers customized BPM tools for improved business performance

Dallas, Texas - May 9, 2005 - BizNet Software® Inc., which combines accounting and technology expertise to help companies improve financial reporting and processes, today announced BizNet Insight for Chempax, the only Business Performance Management (BPM) solution packaged specifically for Chempax customers.

BizNet Insight for Chempax provides companies using Chempax, the industry leader in chemical and accounting software, a pre-integrated, Web-based BPM solution for the finance organization to easily access and share key information.

"BizNet Insight for Chempax offers interactive business reporting and analysis capabilities to address challenges specific to the Chemical industry," said George McMann, president and CEO of BizNet Software.  "For example, the advanced inventory analysis capabilities enable Chempax customers to better manage their production processes and increase profitability."

Built upon the Microsoft platform, BizNet Insight for Chempax enables companies to leverage their existing investments in Chempax and Microsoft Office to turn strategies into plans, continually measure execution and deliver insight to improve financial and operational performance.  In addition, the solution provides accounting and financial employees a single location to support document and file management, financial reporting, budgeting and planning, business intelligence, score-carding and metrics, as well as compliance management.

BizNet Insight for Chempax Datasheet (PDF - 319K)

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 financial portal, 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