Simply Accounting Increases Canadian Market Share Lead

a subsidiary of Computer Associates International, Inc. (NYSE: CA - News), announced today that its Simply Accounting(R) product has increased its market leading position over rivals Intuit(R) QuickBooks(R) and MYOB(R) in the Canadian market, gaining an additional 5 market share points to capture 57% share of units sold in 2003(1).

According to ACNielsen(R) Canada data, total market dollars for entry-level small business accounting software grew by 8% in calendar 2003. During this time, Simply Accounting grew its dollar and unit share more than two times faster than any other competitor, including both QuickBooks and MYOB. ACNielsen tracks sales of these products through major software retailers, the primary source for small business accounting software in Canada. Simply Accounting has been the number one selling small business accounting software in Canada for over a decade.

"End users ultimately determine which products and services are the best, and the continued growth of our number one position for Simply Accounting, in a year following the merger of our two nearest competitors, proves unequivocally that we remain the top choice for small businesses across Canada," said Scott Garell, ACCPAC Senior Vice President, Small Business Group. "We're seeing especially strong growth of Simply Accounting PRO, with advanced features like multicurrency support, departmental accounting, and bill of materials, among others. These are features that Canadian businesses have told us are critical for their success. We will continue to focus strongly on the needs of our current and prospective customers to ensure they have the most powerful, easiest to use accounting software available."

Simply Accounting also continued to lead in the education market in Canada in 2003 with over 2,000 educational institutions teaching the product.

Simply Accounting is award-winning small office/home office accounting software available in English, Spanish and French, and sold in the United States, Canada, the United Kingdom, Africa, India, Australia, and Singapore. Simply Accounting Basic supports all of the major accounting needs for a small business, including general ledger, receivables, payables, order entry, inventory and services, invoicing, purchase orders, sales orders, quotes, payroll, project costing, cheque writing, dual-currency, and reporting capabilities. Simply Accounting PRO adds multi-user support, unlimited multi- currency, electronic funds transfer, departmental accounting, and time and billing among other advanced functionality. Simply Accounting was awarded "World Class: Best of 2003 - Business Accounting Software" by PC World magazine and "Best of RetailVision: Best Productivity Software" at RetailVision 2003.

Pricing and Availability

Simply Accounting 2004 Basic and Simply Accounting 2004 PRO are available in Canada for $169 (CAD) and $299 (CAD), respectively. Both products are available directly from ACCPAC by calling 1-800-773-5445 or by visiting www.simplyaccounting.com, and from software retailers across Canada including Staples - Business Depot, Future Shop, Best Buy, Office Depot, London Drugs, Costco, CompuSmart, and Compucentre. For more information, visit www.simplyaccounting.com.

(1) Source: ACNielsen Canada Computer Product Index for the latest 12
Months Ending December 27, 2003 - Copyright 2003 ACNielsen.

About ACCPAC
ACCPAC International, Inc., a subsidiary of Computer Associates International, Inc. (NYSE: CA - News), provides small and mid-size businesses a broad range of end-to-end business management applications designed to enhance customers' competitive advantage. Product lines include ACCPAC CRM(TM), ACCPAC CRM SalesTeam(TM), ACCPAC Advantage Series(TM), ACCPAC Pro Series(TM), ACCPAC HR Series(TM), ACCPAC Business Analysis Suite(TM), ACCPAC eTransact(R), ACCPAC Exchange(TM), ACCPAC Warehouse Management System(TM), ACCPAC ePOS(TM), ACCPAC Insight(TM), Simply Accounting(R), Simply Accounting Payroll(TM), ACCPAC FAXserve(R) and ACCPAC Messenger(TM).

Based in Pleasanton, Calif., USA, with offices in Australia, Canada, India, Ireland, the Middle East, the Netherlands, South Africa, Southeast Asia and the United Kingdom, ACCPAC has more than 500,000 customers and more than 7,000 channel partners in more than 130 countries worldwide. For more information about ACCPAC and our products, call 1-800-945-8007 in North America, or visit ACCPAC at www.accpac.com.

All rights reserved. ACCPAC, the ACCPAC logo, Simply Accounting, and the ACCPAC product names set forth above are registered trademarks or trademarks of ACCPAC International, Inc. in Canada, the United States, and other countries. All other marks are trademarks or registered trademarks of their respective companies.

http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=6948

For further information

John Schoutsen, Vice President, Press and Analyst Relations of ACCPAC International, Inc., +1-905-678-7959, ext. 305, john.schoutsen@accpac.com
or Mark Priscaro, Director, Public Relations of ACCPAC International, Inc., +1-925-931-7048, mark.priscaro@accpac.com

--------------------------------------------------------------------------------
Source: ACCPAC International, Inc.

Printer Friendly

Email Page

Sponsor Message