October 17, 2002 (Los Gatos, Calif.)— Intacct Corporation, the leading provider of online professional accounting solutions, and BNA Software, the recognized leader in fixed assets management, today announced at the Intacct annual NetGain Accounting Visionary Conference in Monterey, Calif., that the two companies are integrating the BNA Software Fixed Assets application with the Intacct accounting system.

The fully integrated Fixed Assets solution from Intacct and BNA Software creates a cost effective way for CPAs and their client companies to manage fixed assets and other general ledger needs with a single solution by Intacct. A demonstration of how the integrated systems work is being shown to Intacct channel partners this week at Intacct's NetGain conference.

"BNA Fixed Assets™ Web is a valuable addition to Intacct's core services, said David C. Thomas, CEO of Intacct. "BNA's outstanding reputation for quality and accuracy is unsurpassed in the industry. By working together Intacct CPAs and their clients can collaborate as never before to manage asset depreciation and reporting using the Web."

The new Intacct/BNA Software module allows an Intacct E-Practice Partner to create an integrated accounting solution for their clients. Whether starting with one of Intacct's core services for accounts payable or purchase ordering, or with the BNA Fixed Assets solution, the CPA partner, the client, or both, can manage the service in order to cost-effectively build an effective accounting and business solution.

"BNA Software is very excited to become part of the rapidly growing family of Intacct E-Practice Partner experts," states David C. Wilkes, General Manager of BNA Software. "This collaboration with Intacct also allows us to demonstrate the benefits of a truly scaleable solution through BNA Fixed Assets Web. The same powerful depreciation application used by America's largest companies is now seamlessly available to the small and mid-sized markets."

The BNA Fixed Assets Web solution combines the reliability, accuracy, and timeliness of BNA Software with Intacct's diverse range of business services in a single, tightly integrated, and cost-effective package. The new Intacct/BNA Software service is available to Intacct customers through their Intacct representative.

Intacct's Alliance Strategy
Facilitated by extensible Markup Language (XML), Intacct's strategic alliance with BNA Software illustrates how key business services can be securely integrated and cost-effectively delivered through the Internet, whenever and wherever the client needs them.

About BNA Software www.bnasoftware.com
BNA Software is a division of Tax Management Inc., a subsidiary of The Bureau of National Affairs, Inc., the unrivaled authority as the nation's premiere publisher of regulatory and compliance information for more than 70 years. For more than 20 years BNA Software has provided tax and accounting professionals with advanced technology solutions that deliver expert guidance, precise calculations, and the most reliable, timely regulatory updates. These solutions, trusted by thousands of organizations nationwide, allow companies to minimize taxation exposure and maximize productivity.

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. 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.