CONTACT INFORMATION

"This acquisition is beneficial to not only to Harris customers, but to existing and future CAFR-2000 customers," said Jeff Bender, CEO of Harris. "This product generates best-in-breed reports and interfaces with the majority of all fund accounting products, including Harris’ but not exclusive to it. With it, we will reduce the costs associated with preparing CAFR statements for everyone that uses it, regardless of their Financials solution."

Jerry Canada, Harris' Vice President, added, "CAFR-2000 is a great addition to our Financials offerings. Its prominence in the marketplace coupled with the high levels of satisfaction expressed by our customers about it made the decision to buy this product an easy one. Also, given Harris' track record of providing quality customer service, we're certain that all existing CAFR-2000 customers will benefit from this acquisition."

Ray Zimpher, former sole proprietor of CAFR-2000, will stay on to ensure a smooth transition to Harris for all involved. Mr. Zimpher commented, "After investing years in developing CAFR tools to support the GFOA reporting model, I was looking for a partner to expand the CAFR-2000 customer base. Harris' demonstrated commitment to the fund accounting marketplace and their depth of knowledgeable resources made them the obvious choice."

Effective immediately, the CAFR-2000 product will be added to Harris’ inventory of solutions and will be marketed to all customers in the Financials space requiring assistance with CAFR statement preparation and/or GFOA certification for their financial statements.

About Harris
Harris is a leading provider of Customer Information Systems (CIS), billing and financial management software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to utilities and all levels of local government throughout North America. Harris focuses on creating long-term relationships with our customers and ensuring we meet our customers’ evolving needs.

# # #