LOS GATOS, Calif. January 9, 2004 — Intacct Corporation, a leading online accounting services, announced today that its patent-pending, Linux-based Intacct MEGA®(Multi Entity General Accounting) accounting solution has been named by the Software & Information Industry Association (SIIA) as a finalist for the 2004 Codie Awards Best Software Service. The nomination, from one of the software and information industry's most respected organizations, secures Intacct as an innovative software services provider.

Now in its 18th year, the Codie Awards highlight each year's best examples of companies, products and services in the software and information industries. Intacct MEGA was chosen from among 800 products by a judging panel made up of industry trade press, technology writers, industry experts and SIIA members.

"In light of the intense competition this year, to be named a Codie Awards finalist is a tremendous honor and an important Achievement," said Ken Wasch, SIIA President. He added, "SIIA is proud to recognize these companies as true leaders in their fields."

"Mega represents a new class of on demand services--expanding beyond one desktop, one company, or one enterprise and bringing secure financial access to everyone who needs it," said Intacct CEO David C. Thomas.

Intacct MEGA is a revolutionary accounting service that allows distributed organizations to effortlessly handle the accounting for each business entity or subsidiary. Whether comprised of identical entities, similar subsidiaries or disparate business units, organizations can utilize Intacct MEGA to centralize certain accounting tasks while distributing others. Granular-level permissions mean that access is strictly controlled, and managers can use Intacct's Slide-in™ technology to generate reports for any entity, entity combination, or for the whole organization. Additionally, decision makers can see activity within a single entity or across the organization, adding flexibility as well as security. Financials can also be consolidated or viewed separately and Intacct MEGA features multi-currency functionality for foreign operations.

About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 600 leading software and information companies.

About Intacct Corporation
Intacct delivers on the promise of Web-based ERP solutions for distributed companies and ISVs. Through highly secure online access to Intacct’s applications, customers can manage real-time business processes anywhere, anytime through a simple Web browser. Deployed on IBM’s e-business Hosting infrastructure, Intacct’s services allow companies to focus on their core business and eliminate the need to invest in complex and expensive IT infrastructure and software. Intacct partners with leading ISVs that leverage Intacct’s business application platform by adding proprietary value and delivering complete industry-specific solutions for retail, professional services, wholesale distribution, government and other industries. Headquartered in Los Gatos, California, Intacct is successfully delivering its ERP On Demand solutions to more than 1,800 customers. www.intacct.com

Bill Akerson
Intacct Corporation
pr@intacct.com
(408) 878-0938

Intacct and ERP On Demand are trademarks of Intacct Corporation