Acclivity and Sofa Announce Checkout Joint Venture.

Join forces to develop, market and support Checkout point of sale software globally

ROCKAWAY, N.J. -- Acclivity, exclusive distributors of MYOB software in the US, and Sofa, developers of Mac point of sale software Checkout, have announced the creation of Werck BV, a joint venture that will combine Acclivity's experience servicing small businesses with Sofa's dedication to developing easy-to-use software. Werck will develop, market and support Checkout for Mac small businesses around the world.

Acclivity, which does business as MYOB US, will distribute Checkout in the US and Canada under the MYOB brand, while Checkout will be sold under the newly formed Werck brand in all other international markets.

"Sofa's founders have an infectious passion to help simplify the lives of retailers, which perfectly complements our focus on small business owners," says Scott Davisson, Managing Partner, Acclivity. "They also have a very clear development philosophy. Retailers using the Mac will be excited not only by what Checkout can do for their daily workflow, but by how elegant, simple, and Mac-like the software is to use."

Checkout helps retailers manage their point-of-sale processes, order entry, inventory management, customers and vendors. Unlike traditional point-of-sale systems that often require custom implementations, Checkout is designed to get retailers up and running in 15 minutes or less.

"We're thrilled to partner with MYOB US. Sofa's core ability to build software, brands and an overall product experience joined with MYOB US's seasoned expertise in the small business software market provide the best possible ingredients for even better small business solutions," says Dirk Stoop, co-founder, Sofa.

A soon-to-be-released major upgrade to Checkout will provide an even more mature, feature-rich offering with such features as multi-user access, accounting software integration, and credit card processing (version 2 is expected to ship in early 2008).

"We're growing our range of great business tools for small businesses and increasing the choices for businesses that use Macs," says Davisson. "We're obviously partial to our complete solution, with MYOB AccountEdge and Checkout, but we're open to working with other accounting software as well."

About Acclivity

Acclivity is the exclusive US republisher of the award-winning MYOB small business accounting and management software line for Macintosh and Windows platforms (www.myob-us.com). MYOB US also offers a portfolio of business services that help small business owners to better serve the needs of their customers, their employees, and themselves. MYOB US is a trading name of Acclivity LLC under license from MYOB Technology Pty Ltd, a subsidiary of MYOB Limited, an Australian Stock Exchange listed company (ASX:MYO).

About Sofa

Beautiful, user-friendly software begets happy users. At Sofa we strive to delight people with great interaction models and stunning interface design. We love the Mac and the web, but have experience developing for other platforms as well. MYOB and the MYOB logo are registered trademarks of MYOB Limited. AccountEdge and FirstEdge are registered trademarks of MYOB Technology Proprietary Limited. Other products mentioned may be trademarks or registered trademarks of their respective companies.