BQE Software Launches BillQuick 2005, Time Tracking, Project Management and Billing Software.

TORRANCE, Calif. -- Only Time Billing and Project Management Software That Supports Both Intuit QuickBooks and Microsoft Small Business Accounting Platforms; 150+ New Features Added

BQE Software Inc. today announced BillQuick(R) 2005, the most powerful and flexible time billing and project management software with features specifically meeting the complex needs of micro, small and medium service businesses. BillQuick 2005 enables more accurate time tracking, leading to increased revenue; it is fully customizable to fit different businesses' specific needs. BillQuick's integration with both QuickBooks from Intuit Corporation (NYSE: INTU) as well as Microsoft Small Business Accounting from Microsoft Corporation (NYSE: MSFT) makes it the only time billing and project management software that supports both platforms. BillQuick 2005 makes time tracking, project management and billing as simple as possible. It meets the requirements for a one-person office to a network-based organization with 1000+ employees - all at a fraction of the cost of other solutions on the market. BillQuick 2005 also includes mobile add-ons, linking remote employees and consultants via the web, email, PDAs and mobile phones.

"BillQuick 2005 leverages BQE's more than 10 years of being a customer-driven company with experience in supporting the time-tracking and project management needs of thousands of micro, small and medium businesses," said Will Breiholz, General Manager of BQE. "BillQuick 2005 is a direct result of our listening to, and acting on, customer suggestions to enhance BillQuick's features to meet the changing needs of our customers."

Flexibility and Ease of Use

BillQuick 2005 meets the demands of professionals who bill based upon criteria such as fixed fee, time and expense, hourly billing, hourly billing with a "not to exceed" amount and contractual billing based upon percentage and/or progress payments of a fixed fee. BillQuick 2005 also facilitates project phasing and billing against retainers. Firm managers can easily track time and expenses and produce in-depth analysis reports for project and office profitability, examining desired information defined by powerful filters (including unique custom fields).

Ease of use pervades in BillQuick 2005, for example, employees and consultants can enter time with three keystrokes. Intelligent processes review employee, client and project data automatically, and give a firm control over who can charge what tasks and expenses to which projects. Similarly, BillQuick applies smarts to invoicing, reducing batch billing to as little as four mouse clicks while also providing information for effective, efficient billing decisions. Despite exceptional ease of use, BillQuick 2005 delivers strong, flexible and extensive security control over sensitive functions and confidential information.

Key Features in BillQuick 2005

--Payroll integration - Take your employee time records directly into Intuit Payroll Services Complete Payroll or any of the QuickBooks Payroll offerings. Integration with Intuit Payroll Services does not require QuickBooks; you can integrate directly. Save time and effort - and improve accuracy - by automating payroll processing.

--Document management - Information at your fingertips! Bring all of your project documents and email into a custom folder structure on your PC or network server. Organize your folder tree by Project Manager, Client, Project, etc., making it easier and more efficient to manage contracts, engagement letters, spreadsheets, progress reports, correspondence, and so on for scores or hundreds of client. View Microsoft Outlook email to/from your clients and project contacts. Hotlink to all important documents and email communication.

--BillQuick-Microsoft Small Business Accounting (SBA) integration - Powerful real-time synchronization that is complete, automated and configurable. When data is entered, modified or deleted in one program, it immediately updates to the other in real-time. (Microsoft Small Business Accounting is scheduled to be available Fall 2005).

--Write-Up/Write-Down - Advancing beyond traditional adjustment of an invoice amount, time entries can written up or down individual, by employee, by task, by date, or by any combination of attributes desired before or during billing. And BillQuick shows the write-up/down factor for each time entry, allowing easy drill-down to each entry billed on an invoice.

--Timeslips(TM) to BillQuick conversion wizard - This provides step by step guidance for Timeslips users to convert their data to BillQuick easily and accurately.

System Requirements, Product line-up and Compatibility

BillQuick 2005 is built on an open architecture and is adaptable to serve the specific needs of a wide variety of professional service firms with its tailored solutions for companies with 1-1000+ employees. BillQuick 2005 is also flexible and able to exchange data with many other software programs, including Microsoft(R) Outlook, Access, Excel, Word and financial management solutions including QuickBooks and Microsoft Small Business Accounting. BillQuick 2005 runs on Windows(R) 98, ME, NT, 2000 & XP.

About BQE Software Inc.

BQE Software, Inc., founded in 1995, is based in Torrance, California. Its flagship product, BillQuick(R), is a leading time billing and project management software. BQE has developed products for service industries that completely automate the time-keeping, project management and billing process. This includes software for off-site consultants and satellite offices: time and expense recording, report generation and invoicing via the Web, email and PDAs. BillQuick is suitable for any size organization, as it utilizes Microsoft Access, MSDE and SQL server databases. Architects, engineers, accountants, attorneys and other business consultants have discovered the unequaled features and flexibility of BillQuick products. For more information on BQE Software, call [phone] or visit www.BQE.com. A free 30-day trial version of BillQuick 2005 is available at www.BillQuick.com or by sending your request to [e-mail].

High resolution screen shots of BillQuick 2005: http://www.billquick.com/screenShots.htm

High resolution box shots and BillQuick and BQE logos: http://www.bqe.com/aboutbqe/logos_and_graphics.htm