BQE Software Launches BillQuick 2006 Time Billing Software.

TORRANCE, Calif. -- Please replace the release with the following corrected version due to multiple revisions within the final paragraph.

The corrected release reads:

BQE SOFTWARE LAUNCHES BILLQUICK 2006 TIME BILLING SOFTWARE

New Customizable Features Enable Architects, Engineers, Computer Consultants, CPAs, Business Consultants, Accountants and Attorneys to Easily and Accurately Track Time, Manage Jobs and Bill Clients

BQE Software Inc. today introduced BillQuick 2006, the most powerful, scalable and effective time and billing software system on the market. BillQuick 2006 provides users a new line-up of industry-specific features for architects, engineers, computer consultants, CPAs, business consultants, accountants and attorneys, thus enabling companies to easily and efficiently better service their unique customer needs.

BillQuick 2006 has over 100 new features and many "under the hood" improvements. In addition to the standard database engine, BillQuick 2006 also supports MSDE, Microsoft SQL 2005, 2000, and Microsoft SQL 2005 Express.

There are over 100 new reports and Invoice templates in BillQuick 2006 resulting in a total of over 440 reports and Invoices templates.

The new 2006 line-up of BillQuick includes targeted solutions that are tailored to your business needs and size:

--BillQuick Basic - small office or home office

--BillQuick Pro - small to medium

--BillQuick Enterprise - medium to large

--BillQuick Web Suite - any size business requiring web connectivity

"BillQuick 2006 has enhanced its integration with Intuit (NYSE: INTU) QuickBooks, Microsoft (NYSE: MSFT) Office including Small Business Accounting and Sage (London: SGE.L) Peachtree. BillQuick's deep integration with these packages delivers a complete solution with industry specific features," said Will Breiholz, General Manager of BQE Software.

BillQuick puts project staffing, forecasting and budgeting into the hands of the person most familiar with the project requirements and performance, the project manager. Budget Alerts allows a project manager to monitor amount spent, status, percent complete and budget used. Also, monitor excessive work in progress, receivables, work in hand inventory, non-billable hours, vacation/sick/comp time accumulated and taken, and much more. BillQuick 2006 has redefined ease-of-use by adding four new smart navigators that give the user quick access to information. The embedded charts provide a dashboard view cash flow, billings, unbilled time, and Top 10's. Support for multi-currency includes a user-defined conversion table, currency symbols, decimal, and separators. BillQuick saves applied conversion rates with the invoice, ensuring the same conversion rate is used when recording payments.

"The new Alert system added to the BillQuick product family allows business owners and managers to stay informed about their business and jobs in real-time. Features like these empower small business owners with the tools that, previously, were only available to fortune 500 companies," said Shafat Qazi, CEO of BQE Software Inc.

BillQuick 2006 is built on an open architecture and is adaptable to serve the specific needs of dedicated professions and organizations. BillQuick is flexible and able to exchange data with many other software programs, including Outlook, Microsoft Access databases, Excel spreadsheets and financial management solutions including Intuit QuickBooks, Sage Peachtree and Microsoft Small Business Accounting. BillQuick 2006 runs on Windows 98, ME, NT, 2000 & XP and has web based interface that allows users of Mac and other operating systems to use it without compromise.

BillQuick 2006 is priced at $395 for a two user license (BillQuick Basic); $795 for up to five users (BillQuick Pro, scalable to 50 users). Support for larger organizations is available through BillQuick Enterprise, starting at $995, and sole practitioners have the option of BillQuick Lite.

About BQE Software Inc.

BQE Software Inc., founded in 1995, is a California based "C" Corporation. Its flagship product, BillQuick, 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 both Microsoft Access 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 888-245-5669 or visit www.BillQuick.com.

BillQuick 2006 screenshots are available for download at: http://www.bqe.com/ScreenShots.htm

What is New in BillQuick 2006 available at: http://www.bqe.com/WhatsNew2006.htm

High resolution BQE Software logos are available for download at: http://www.billquick.com/AboutPages/logos_and_graphics.htm

BillQuick is a registered trademark of BQE Software Inc. Intuit (NYSE: INTU) QuickBooks, Microsoft (NYSE: MSFT) Office including Small Business Accounting and Sage (London: SGE.L) Peachtree are registered trademarks.