Dallas, Texas - August 26, 2003 - BizNet Software Inc., which combines accounting and technology expertise to help companies improve financial reporting and processes, was honored for its outstanding one-year revenue percentage growth with a Dallas/Ft. Worth Fast 50 award at the Tech Titans/Fast 50 awards program on August 22 at the Morton H. Meyerson Symphony Center in Dallas.

The DFW Metroplex Technology Fast 50 annually recognizes the 50 fastest-growing technology companies in the market, based on percentage of revenue growth over five years and one year.  The list is comprised of 25 five-year companies and 25 one-year companies.  To qualify for the ranking, companies must own proprietary technology.  Participants can be public or private and encompass all technology industry segments - including communications, computers and peripherals, Internet, life sciences, semiconductors and software.

"We're honored to be recognized for our growth with the Fast 50 award," said Chief Executive Officer and President George McMann.  "Given today's increased scrutiny of financial data and BizNet's ability to ease the pressures on CFO's by providing cost-effective financial performance management products that work with and enhance their existing financial systems - we believe our biggest growth opportunities are still in front of us."

Winners are eligible for the Deloitte & Touche Texas Crescent Technology 50 statewide program and the North American Technology Fast 500 program.

The awards are presented by the Metroplex Technology Business Council and sponsored by Deloitte & Touche; Locke Liddell & Sapp, LLP; and the Dallas Business Journal.

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About BizNet Software
BizNet Software's staff of accountants and IT professionals specializes in helping companies improve the financial reporting process by enhancing existing financial systems and processes, resulting in better decision making and shorter closing cycles.

CONTACT:

Steve Hill
Michael & Partners
stevehill@michaelpartners.com
972.716.0500 x105

Ben McMann
BizNet Software
bmcmann@biznetsoftware.com
972.893.0000 x101