CONTACT INFORMATION

ORLANDO, FL and BEND, OR, June 23, 2004 - Innoprise Software, Inc. today announced that the city of Winfield, Kansas, has contracted with the company to deploy the Innoprise Financials suite of software, replacing a legacy system that was no longer meeting its evolving business needs. Winfield is the first to purchase the software, which was launched on June 14.

Innoprise Financials is the latest in a suite of next-generation enterprise resource management solutions developed by the company using the Java™ 2 Platform, Enterprise Edition (J2EE™) service-oriented architecture and a multi-tiered Internet-native architecture. Innoprise Financials provides local government agencies and utilities with a cross-functional enterprise solution for integrating financial, inventory, purchasing, accounting, human resources, portfolio management, payroll, business planning and budgeting information into one platform-neutral, Internet-based system. Sarbanes-Oxley enforcement, as well as GASB, FERC and GAAP reporting are all inherent within the system.

With a goal of simplifying and improving the workflow and reporting of requisitions, purchase orders and invoices, Winfield selected the software in part based on its built-in workflow automation features, which streamline standard business functions and eliminate redundancy, along with its the ability to support user-defined, workflow-based business rules that govern how business processes are assigned, completed and approved in budgeting and purchasing processes.

“From a management perspective, the biggest benefit we are expecting as a result of the new technology is to eliminate the labor involved in maintaining separate accounting books,” said Anne Jarrett, finance officer for the city, explaining that the city's legacy financial system supported only the budgetary basis of accounting. Since the city's Comprehensive Annual Financial Report (CAFR), GAAP basis, must be submitted to the Government Finance Officers Association (GFOA) six months after year end, this required that books be converted every year to meet the needs of GAAP reporting.

“I was spending a minimum of 80 hours each year converting our books from budget to GAAP,” Jarrett said. “With our new financial system, I will be able to convert to GAAP using the software's intuitive ‘selector’ tool and quickly export the information to Excel for state and other regulatory reporting. Our users can easily select fields they need on their own, and, with one click, download that information into a spreadsheet for further manipulation. There's no more reentering information and managing multiple spreadsheets throughout the city. This one feature will save us so much time,” she explained.

Innoprise Financials includes Microsoft™ Office integration and one-touch reporting, enabling users across the enterprise to easily exchange data with desktop applications and extract information to create complex ad hoc reports to support rate hearings, analysis and budgeting requirements. The software also features the ability to attach multimedia files, such as images, documents, video, sound or notes to any journal entry, invoice, requisition, purchase order, vendor or object in the system.

About Innoprise Software
Innoprise Software, Inc.™ provides enterprise software for the specific business challenges of utilities and local government agencies. For the last two years, the company has teamed with a core group of customers and concentrated all of its resources on developing next generation software for CIS, financial management, community development and work management. The new software is based on 30 years of industry experience, Java™ and Internet technologies that enable Innoprise customers to reduce their cost of service, streamline operations, and improve productivity. For additional information, visit www.innoprise.com.

# # #