MYOB AccountEdge Network Edition Enhances Speed

Mac small business and accounting software gets first of two planned speed enhancements

June 25, 2008 (Rockaway, NJ) - MYOB US today announced the release of its July 2008 product update, which includes the first of two sets of major speed enhancements for AccountEdge Network Edition, their premium small business management and accounting software for Mac. The product update is free to all version 2008 customers.

The July 2008 product update for Network Edition focuses on speeding up the recording of transactions. MYOB's beta test of the update showed huge gains in speed, as did MYOB's own benchmarking sessions.

"We're pleased to announce these speed enhancements for Network Edition," said Todd Salkovitz, Mac Product Manager, MYOB Ltd. "This was our customers' number one request, and we're really happy with the results we've achieved so far."

Benchmarking conducted by MYOB shows dramatic speed increases with the phase one changes, including some transactions recording close to 30 times faster than in Network Edition version 2008.

The July product update is the first phase of two planned phases of speed enhancements. The second phase, which will focus on list building, is due to appear in the next release of AccountEdge Network Edition.

"With phase 2, we're changing the way Network Edition creates lists," Salkovitz said. "The speed increases you'll see with phase 2 will be profound, as any time the software displays data, it is doing so by building a list."

More information on both phases of the Network Edition speed enhancements, including benchmarking results, can be found at http://www.myob-us.com/accountedge/aene/fast/.

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About MYOB US

MYOB US acts as exclusive US republisher of the award-winning MYOB small business accounting and management and Point of Sale software lines for Macintosh and Windows platforms (www.myob-us.com). MYOB US also offers a portfolio of business services that help small business owners to better serve the needs of their customers, their employees, and themselves.

MYOB and the MYOB logo are registered trademarks of MYOB Limited. AccountEdge and FirstEdge are registered trademarks of MYOB Technology Proprietary Limited. Other products mentioned may be trademarks or registered trademarks of their respective companies.

Contact Information
Ed Sherry

(p) 973.586.2200 x5928

(f) 973.586.4820

(e) ed.sherry@myob-us.com