SYSPRO Named 'ISV of the Year' at VAR Business 500 Awards

Business Wire, June 17, 2005

COSTA MESA, Calif. -- SYSPRO, a leading producer of enterprise software, has announced that the company was named "ISV of the Year" at the VAR Business 500 Awards held June 14, 2005, at the Rainbow Room at New York City. Honoring the most powerful and accomplished solution providers in North America, the fifth annual VAR Business 500 Awards event unfurled to overcapacity crowds in the legendary NYC venue. The awards ceremony featured keynote guest speaker former New York City Mayor Rudy Giuliani.

SYSPRO was one of 17 solution providers recognized for outstanding achievements in 2004, such as revenue growth, strong profitability, technology innovation and vertical expertise. SYSPRO was selected "Independent Software Vendor of the Year" based on its "stellar software business." In May 2005, VAR Business included SYSPRO Forecasting ("One of the first software companies to offer an accurate forecasting tool as part of its core ERP product") and SYSPRO 6.0 Issue 9 ("Expanded manufacturing, accounting, distribution and Web applications for the company's flagship software offering") among its "Top 100 Midmarket Solutions."

Brian Stein, SYSPRO USA CEO, who was present to accept the ISV of the Year Award, said he looks upon the honor as bestowed on the entire SYSPRO team, including the company's reseller network, which works so diligently to provide the SMB market with technologically innovative and highly affordable software solutions.

Said Joey Benadretti, SYSPRO USA president, of the award: "This huge honor reflects the tenacity that SYSPRO embodies in its drive for excellence.

This award is exemplary of another defining moment in our company history and is a real tribute to all SYSPRO personnel, both here in the USA and abroad, as well as to all those in our channel and customer base that have made this possible. It is an exceptional moment and is indicative of our performance and commitment to the reseller channel. SYSPRO was recognized for its stellar software business, which is something that has mainly resulted because of an ecosystem that is full of commitment and passion."

Sponsors of the VAR Business 500 Awards included IBM, Symantec, Samsung, APC, Avnet, Oki Data, Novell, Sun, Toshiba and Business Objects.

About SYSPRO

Since its inception in 1978, SYSPRO has been delivering state-of-the-art business solutions to some of the world's leading companies. As a global leader in the production of world-class ERP software, the company now caters to the specialized needs of 12,000 licensed companies in more than 60 countries worldwide. SYSPRO is marketed globally through regional territory distribution centers in the U.S., Canada, South Africa, Asia Pacific, Australia and the U.K. For more information, go to www.syspro.com.

SYSPRO is a fully integrated business software solution that provides complete control over the planning and management of all facets of business including accounting, manufacturing and distribution operations in a variety of industries.