Best Programs Inc. Announces Partnership with State of the Art Inc.; Finance Software Leaders Work Together to Enhance Current and Future Product Offerings.RESTON, Va.--(BUSINESS WIRE)--June 11, 1996--Best Programs Inc., the publisher of award-winning PC software that manages fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → , human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and payroll for medium-sized companies, today announced the formation of a strategic partnership with accounting software developer, STATE OF THE ART Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SOTA SOTA State Of The Art SOTA School of the Arts (San Francisco) SOTA Society of Typographic Aficionados SOTA Salmon of the Americas SOTA Society of the Ancients (gaming) SOTA Society of Taiwanese Americans ). As a result of the relationship, SOTA will market Best Programs' fixed asset software, FAS(TM) for Windows(TM) and FAS Encore!(TM) through its channel of Acuity acuity /acu·i·ty/ (ah-ku´i-te) clarity or clearness, especially of vision. a·cu·i·ty n. Sharpness, clearness, and distinctness of perception or vision. Financials CPAs and Business Partners. The two companies are working together to jointly develop seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. between Best's industry-leading fixed asset technology and SOTA's future Acuity Financials product offerings. "This relationship between Best and SOTA provides a great financial software solution to mid-sized companies," said Tim Davenport, president and chief executive officer of Best Programs Inc. "Together, the largest mid-market fixed asset and HR company and the largest accounting company are enabling customers to buy market-leading fixed asset software as part of the new and exciting Acuity Financials product line." Dan Shapero, vice president and general manager of the SOTA Client/Server Division, stated, "We strive to provide our business partners and customers with the strongest accounting solutions available. Our strategic alliance with Best Programs makes it possible for our Acuity Financials users to make the first step into the world of client/server financial software with the market-leading fixed asset software solution." This partnership is part of Best's aggressive integration program which includes OLE-based technology. Eventually all Best solutions--from human resources to payroll to fixed assets--will seamlessly integrate with virtually any accounting system. OLE automation See COM automation. helps users share information throughout their organization, which in turn improves workflow and efficiency. Acuity Financial is STATE OF THE ART's next-generation solution, integrating more than 15 years of the company's experience in accounting software with today's popular client/server computing environment. The software is a native, 32-bit Microsoft(R) 95 Windows(R) 95 product line designed for Microsoft SQL Server A relational DBMS from Microsoft that is a major component of the Windows Server System. It is Microsoft's high-end client/server database and is closely integrated with Microsoft Visual Studio and the Microsoft Office System. (TM) and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. (TM). Its object-oriented architechture is designed to facilitate complete integration with industry-standard workflow, imaging and office productivity applications such as Microsoft Office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities. (TM) and BackOffice(TM). FAS for Windows and FAS Encore! software is available directly from Best Programs and through a network of authorized Best Programs resellers. The software is also sold through Acuity Financials Authorized Resellers and software consultants. Founded in 1981, and with headquartered in Irvine, Ca., STATE OF THE ART Inc. develops and markets accounting software for microcomputers. SOTA stock is traded on the NASDAQ National Market System under the symbol SOTA. SOTA can be reached on the World Wide Web at http://www.stateoftheart.com. Founded in 1982, Best Programs Inc. is the leading publisher of award-winning PC software that manages fixed assets, human resources and payroll for medium-sized companies. Products include FAS(TM) for Windows(TM), the fastest-selling fixed asset management system; FASTrack(TM), the fixed asset tracking and inventory system using bar code technology; and the market-leading Abra(TM) line of human resources and payroll solutions. -0- EDITOR'S NOTE Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : FAS, FASTrack and FAS Encore! are trademarks and FAS2000, FAS1000 and the Best logo are registered trademarks of Best Programs Inc. Abra is a trademark of Abra Cadabra Software Inc., and Abra Cadabra Software Inc. is a fully owned subsidiary of Best Programs Inc. Windows is a trademark of Microsoft Corp. All other trademarks are the property of their respective holders. CONTACT: Best Programs Inc. Elaine Kelly 703/709-5200 email: elaine_kelly@bestprograms.com or Baron, McDonald & Wells Rick Fernandez 770/492-0373 email: rfernandez@bmwpr.com |
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