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STATE OF THE ART ANNOUNCES NEW VERTICAL MARKET ACCOUNTING MODULE: 'POINT OF SALE' FOR RETAIL TRADE (Product Announcement)

STATE OF THE ART ANNOUNCES NEW VERTICAL MARKET ACCOUNTING MODULE:
 'POINT OF SALE' FOR RETAIL TRADE
 'Master Developers Products & Services Directory' Listing
 Over 200 Additional Vertical Market Applications Now Shipping
 IRVINE, Calif., Jan. 6 /PRNewswire/ -- David S. Samuels, president and chief executive officer of State Of The Art Accounting Software (NASDAQ: SOTA), announced today that the company is preparing to release its 15th accounting software module for its award-winning MAS90(R) EVOLUTION/2(TM) product line -- "Point of Sale." "A major new vertical market application for the retail trade, Point of Sale was acquired by our company in late 1991 from one of our most talented and successful Master Developers. We have since been adding many enhancements to the product in preparation for its debut. It is truly a comprehensive and state-of-the-art Point of Sale application," Samuels said. The module fully integrates with other MAS90 EVOLUTION/2 modules and features an identical user interface.
 The MAS90 EVOLUTION/2 Point of Sale module will begin shipping to the company's 5,000-plus authorized resellers and software consultants early next month, and will feature a suggested list price beginning at $1,000. Operating on a stand-alone basis, or fully integrated with MAS90 EVOLUTION/2 General Ledger, Inventory Management, Accounts Receivable and Bank Reconciliation modules, Point of Sale handles the requirements of most retail businesses -- standard sales, "fast" sales, layaways, returns, quotes, orders and multiple payment methods. In addition, the system tracks commissions and provides transaction histories and inquiries, and when integrated, checks customer credit limits and updates inventory at the completion of every sale.
 Point of Sale is equipped to take advantage of the latest industry-standard cash drawers, receipt printers, bar code scanners and wedge-type scanning equipment. This state-of-the-art approach to retail computing results in speedier transactions, better service to customers and exact sales information afforded by the elimination of manual data entry.
 "We fully expect this module to rapidly become one of the company's most popular products," said Samuels. "Our research indicates that we have a vast user base interested in an MAS90 EVOLUTION/2 accounting software product capable of interfacing with the latest retail inventory and point-of-sale hardware systems. We are especially pleased to be making this module available to our loyal reseller base so early in the year as it provides them with new revenue generating opportunities in a rapidly growing and critical market."
 In addition to the forthcoming release of Point of Sale, a new directory highlighting the achievements of the company's Master Developers lists more than 200 additional vertical market applications and enhancements to the MAS90 EVOLUTION/2 product line. Master Developers are an elite group of the company's Authorized Resellers and Software Consultants who have purchased licensed rights to the company's proprietary source code. Master Developers offer custom modifications and programming services to their own clients and to other State of the Art Authorized Resellers and Software Consultants and produce niche vertical market applications which appeal to a wide and varied group of markets including agricultural, apparel, engineering, medical, restaurants and transportation. The "Master Developers Products and Services Directory" began shipping to the company's 5,000-plus Authorized Resellers and Software Consultants on Dec. 23, 1991.
 State Of The Art develops, markets and supports high-end accounting software for microcomputers, and is available for all three industry standard operating environments: single-user DOS, Network, and UNIX. The company's Authorized Resellers and Software Consultants, located throughout the United States, are comprised of over 3,900 public accounting firms and 1,100 professional value-added resellers who actively sell, recommend and support the MAS90 EVOLUTION/2 product line. End-user list prices for most of the company's general accounting and vertical market applications begin at $799 and $999 respectively.
 -0- 1/6/92
 /CONTACT: David S. Samuels, president and CEO of State Of The Art Inc., 714-753-1222/
 (SOTA) CO: State Of The Art Inc. ST: California IN: CPR SU: PDT


DM-EH -- LA033 -- 7121 01/06/92 21:35 EST
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Publication:PR Newswire
Article Type:Product Announcement
Date:Jan 6, 1992
Words:655
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