March 1, 2002 (Los Gatos, Calif.)— Intacct® Corporation, the leading provider of online professional accounting solutions, today announced that Smart Business Magazine has recognized it as a Top Online Accounting Solution in a recent review of online accounting applications.

The review, which was published today, focused on web-based accounting solutions from seven of the most popular online accounting companies ranging from Intacct to Microsoft Corporation. The solutions were examined and rated in terms of: cost-of-ownership, ease of use, and functionality. Intacct was lauded as an affordable-yet-comprehensive accounting solution with professional-grade functionality. It was also praised for its top-tier partnerships to provide its users with best-of-class offerings for such functions as audit, payroll, 401(k), and other high demand applications.

"Intacct caters to companies that value deeper-level accounting and analysis features," explained Smart Business Magazine reporter, Narasu Rebbapragata. "And they have teamed up with partners to offer features like online auditing and M-Console for managing franchise businesses."

"The review revealed how functionality between the different available online accounting solutions can vary substantially," said Intacct CEO, David C. Thomas. "Intacct was recognized as a top online accounting solution that was not only a better choice for professionals, but was a cost-efficient choice as well."

The review in its entirety can be found in the March 2002 issue of Smart Business Magazine, or at http://www.smartbusinessmag.com.

About Intacct Corporation www.intacct.com
Intacct Corporation is the leading provider of online professional accounting solutions. The Intacct accounting system is designed for companies that need more than an entry-level PC-based accounting package but want an alternative to complex, IT-intensive client/server solutions. In addition to its core accounting functionality, the Intacct accounting system also includes Intacct Audit, co-developed with Deloitte & Touche. Offered on a monthly subscription basis, the Intacct accounting system can be accessed via any current web browser and is both PC and Mac compatible.