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Region's Progress in IT Evidenced by Launch of CashWorks™

ACCPAC customers benefit worldwide as better post dated checks management improves cash flow

Dubai, October 16, 2003: SYSTRONICS llc, a Dubai-based ACCPAC Development Provider, announced today participation in GITEX 2003, which is to be held in the Dubai International Convention Center from 19th to 23rd October, 2003. Visitors to the show, for the first time, will be able to see the CashWorks and Field Extender™ applications that uniquely enhance the functionality of ACCPAC Advantage Series.

GITEX is an annual event that brings together IT professionals from around the Middle East, Africa and the Sub Continent, to give them insight into the latest developments and solutions available from the leaders of IT industry, most of whom, including ACCPAC, have established their regional offices in the Dubai Internet City.

"GITEX offers us a unique opportunity in addressing the needs of the ever-increasing ACCPAC customers in this region," said Zareh Tutunjian, CEO of SYSTRONICS. "We are very keen on partnering with ACCPAC Solution Providers in the region and helping them provide their customers with the unique value-added services that our applications offer," continued Tutunjian.

SYSTRONICS CashWorks is a custom-made application that is specifically designed to simplify transaction processing for any industry, regardless of whether they are current or post dated.

"With CashWorks, ACCPAC customers for the first time will be able to use ACCPAC Advantage Series to process and manage post-dated checks," continued Tutunjian.

A second product offering from SYSTRONICS is Field Extender, which is an excellent add-in to help address stringent, boundless and unforeseen reporting requirements. By providing the ability to add unlimited user-defined fields to transactions, Field Extender takes ACCPAC Advantage Series one step further in being one of the easiest customizable ERP solutions in the market.

With 47 years experience in business solutions, 29 years Sage 300 know-how and 17 powerful Sage 300 SDK applications, SYSTRONICS is recognized as a reliable Development Partner by vendors and customers alike.  Over the years, SYSTRONICS' achievements have been acknowledged by international market leaders, in testimony of which they have rewarded SYSTRONICS with prestigious industry accolades.  SYSTRONICS is the winner of the “Sage Development Partner of the Year 2006-2007 for International Achievement” and “Sage Development Partner of the Year 2005” awards. “AR-AP Settlements™”, “BACCPAC™”, “Cashflow Forecasting™”, “CashWorks™”, “Database Manager™”, “Field Extender™”, “Gulf Utilities™ for Payroll”, “I/C Item Converter™”, “I/C Multi-Location Cost Averaging™”, “I/C Stock Aging Report™”, “Intercompany Utilities™”, “iPortal™”, “MyHelp™”, “PJC Security™”, “Revenue & Expense Deferrals™”, “Royalty Payments™”, “SYSTRONICS Stock Aging Report™”,“ToolPac - Subledger Reconciliation Toolsets™”, “Trade Finance™”, “Trade Job Costing™” & “MyOwnAddOn™” are products and services available from SYSTRONICS (