Business Services Industry

Best Software Strengthens Leadership in Nonprofit and Government Markets with Acquisition of JSI Fundraising Systems

Business Wire, June 27, 2002

Business Editors

Deal Brings Greater Value and Versatility to Customers

of Industry-Leading MIP Fund Accounting Series

Best Software today announced the acquisition of JSI Fundraising Systems, Inc., a leading developer of fundraising solutions for small to mid-sized nonprofit, education and health care organizations.

The deal further strengthens Best's nonprofit market leadership and builds on the brand recognition of its Micro Information Products (MIP) family of fund accounting solutions.

Headquartered in Williamsburg, Va., JSI Fundraising Systems will operate as part of MIP, Best's Nonprofit and Government division. JSI Fundraising Systems' President Jeffery Shy will assist the MIP executive team on a variety of strategic product marketing and development initiatives.

"Our customers have long asked us to expand our product line to include complementary fundraising capabilities," said MIP President Kent Hollrah. "In fact, more than two-thirds of the 5,000 organizations we serve conduct fundraising activities. JSI Fundraising Systems' solutions provide both our nonprofit customers and resellers alike with a broader, stronger, more competitive product offering."

Since 1978, JSI Fundraising Systems has delivered development systems to more than 2,500 organizations, from Monticello to Georgetown University. Its Millennium offering, which supports 25 to hundreds of employees and campaigns exceeding $100 million, was the first Internet-based fundraising solution designed specifically for Microsoft Windows. JSI Fundraising Systems' Paradigm product provides an even more cost-effective solution for smaller organizations with less complex requirements. Easily integrated with MIP, they bring expanded capability to both current and prospective MIP users of all sizes and types, from local firms to national and worldwide organizations.

"We're pleased to join one of the industry's most successful software companies serving the diverse needs of both small- and mid-sized organizations," said JSI Fundraising Systems President Jeffery Shy. "JSI Fundraising Systems' strong fundraising heritage enables Best Software to provide an unparalleled suite of complementary applications tailored to meet the specialized fundraising requirements of virtually any nonprofit organization."

"While JSI Fundraising Systems' products are currently sold via a direct sales force, we plan to make the new product line available as soon as possible to our 100 MIP channel partners nationwide," said Ron Verni, CEO of Best Software. "This initiative will enable them to broaden their offerings within our installed customer base, a key priority across all of our operating companies."

MIP's three core products -- NPS Intro, NPS Pro and the Advantage NonProfit Series -- address the specialized fund accounting and financial and compliance reporting needs of 5,000 nonprofit organizations, foundations and governmental agencies nationwide. Celebrating 20 years of serving the not-for-profit community, MIP is dedicated to delivering the highest-quality accounting software, and to providing unsurpassed support and service.

About JSI Fundraising Systems

For nearly 25 years, JSI Fundraising Systems has been a dominant and respected force in the fund-raising industry, offering products that provide the nonprofit community a range of choices that vary in terms of technology, sophistication and price. Their reputation is based upon the quality of their software and the personal and professional manner in which they have trained and supported a diverse range of clients. For further information, visit their website at www.jsifrs.com or call (800) 574-5772.

About Best Software

Best Software offers leading business management products and services that give over 1.6 million small and mid-sized customers in North America the insight for success throughout the life of their business. Its parent company (London: SGE.L) supports nearly three million customers worldwide and has revenue of nearly $700 million. For more than 25 years, Best has delivered easy-to-use, scalable and customizable applications through its portfolio of leading brands, including Abra, MAS 90, FAS, MIP Nonprofit Series, SalesLogix, Peachtree and ACT!, among many others. For further information, please call 866-308-BEST or visit our website at www.bestsoftware.com/moreinfo.> All other trademarks and copyrights are the property of their respective holders.

COPYRIGHT 2002 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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