"Making SaaS Pay" - Softrax to Address SaaS Economic Summit

Business Wire, March 19, 2008

Revenue Management and Billing Solutions Leader to Speak on Operational and Accounting Challenges of Software as a Service Business Models

CANTON, Mass. -- Softrax Corporation, a leading provider of enterprise revenue management and billing solutions, today announced that it will deliver a special presentation -- Making SaaS Pay - in the general session of the upcoming SaaS Economics Summit. The SaaS Economics Summit, organized by Software Business magazine, focuses on financing, revenue recognition, operations and billing management for Software as a Service companies. It will be held April 3-4 at the San Francisco airport

Making SaaS Pay will address critical economic, operational and accounting issues inherent in the SaaS business. Companies often find that SaaS billing and revenue recognition requirements challenge traditional practices and demand different capabilities from their financial systems. This session will present strategies for developing streamlined, scalable SaaS ventures that avoid these operational pitfalls. The session speaker will be Dr. Richard Moore, Director of Revenue Management Solutions for Softrax.

Making SaaS Pay: Session Highlights

* Deliver accurate and timely billing for complex business models

* Manage new revenue recognition challenges automatically

* Enable audits and documentation requirements for compliance

This session will be delivered on April 4th at 11:30 AM.

Softrax is also a conference sponsor and exhibitor. Please visit us at Booth #107.

For more information on this two-day SaaS Economic Summit, and to view the agenda, please visit the web site at: www.softwarebusinessonline.com/saas_conf2008_index.php.> About Softrax

Softrax Corporation is a leading provider of enterprise revenue management and billing software solutions that fundamentally change the way companies manage, analyze, report and forecast their revenue. Softrax solutions automate the entire revenue cycle, from revenue recognition, reporting and forecasting, through complex billing and contract renewals. Hundreds of corporations benefit from using Softrax to optimize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. Softrax Corporation, headquartered in Canton, MA is privately held. More information can be found at www.softrax.com, www.revenuerecognition.com, and by calling 1.888.4.SOFTRAX.