| IRVINE, Calif. - June
1, 2001 - Sage Software, Inc., the leading supplier of business
management software solutions in the mid-market, today announced the
close of the purchase of Platinum for Windows, a PC-based financial
application for small enterprise businesses from Epicor Software
Corporation. The product joins the Sage Software family of mid-market
business management suites.
The acquisition of Platinum for Windows expands and
strengthens Sage's market position in the US by adding 5,600 customers
and 200 channel partners to Sage's market-leading channel and customer
base. The combined Sage Software customer base will exceed 210,000.
"We are very excited to finalize the purchase of
Platinum for Windows and begin offering it along with our portfolio of
industry-leading business management software," said David Butler,
President and Chief Operating Officer of Sage Software. "We are
also delighted to have the Platinum for Windows customers, channel
partners and employees become members of the Sage family."
Platinum for Windows will join the four other Sage
Software products in the US market: Sage MAS90, market leader for
companies with 10 to 500 employees; Sage Enterprise Suite, a robust
application for companies up to 1,000 employees; Sage BusinessWorks,
designed for companies up to 50 employees; and Sage DacEasy, a
streamlined product for smaller businesses.
About Sage Software, Inc.
Headquartered in Irvine, Calif., Sage Software, Inc. (www.us.sage.com)
is a subsidiary of The Sage Group, plc, the world's leading e-business
management and accounting software solution provider with more than 2.7
million customers. Sage offers Sage MAS 90, Sage Enterprise Suite, Sage
BusinessWorks and Sage DacEasy. Other Sage Group subsidiaries in the US
include Best Software, Inc., Peachtree Software, Inc., and Interact
Commerce Corporation. |
