Press Releases

July 16, 2009

Chagrin Falls, OH June 1, 2009 – PROPHIX Software, a leading provider of financial business intelligence and performance management solutions specializing in forecasting, corporate budgeting, strategic planning, consolidation, financial analysis and score carding, today announced its partnership with Ohio-based SedonaOffice. The partnership enables SedonaOffice to market and sell PROPHIX Performance Management solutions to the security alarm industry.

SedonaOffice, a division of Perennial Software, Inc., is the leading developer of financial accounting and business management software for security alarm companies and systems integrators. The company offers a fully integrated, all-encompassing financial accounting, business management and client relationship management software developed specifically for security companies. The software integrates billing, collections, service management, job costing, inventory, general ledger and more into one easy-to-use application.

"The security alarm industry is maturing," explains Michael Marks, Co-Founder and President, SedonaOffice. "This sophistication is driving the need for enhanced reporting at the departmental and divisional levels, and throughout all the operating branches of a company. The partnership with PROPHIX allows us to tap into this pent-up demand for detailed reporting. We choose PROPHIX because it is a robust Performance Management solution built on the Microsoft technology stack as is SedonaOffice."

"The security industry represents a niche market and we’re excited that the partnership with SedonaOffice will allow us entry into this industry," says Cheryl Power, Director of Channel Partners, PROPHIX. "Our joint solution provides customers with industry-specific financial software and robust performance management capabilities, all built on the Microsoft SQL Server platform."

About PROPHIX Software

PROPHIX Software is a leader in delivering performance management solutions including budgeting, planning, forecasting, reporting, consolidation, personnel planning and other advanced financial functions. PROPHIX Software maintains an outstanding reputation with its customers by consistently delivering tangible value and exceptional ROI, with a lower total cost of ownership. For more information about PROPHIX, visit www.prophix.com.

About SedonaOffice

SedonaOffice, a division of Perennial Software, Inc., is the leading developer of financial accounting and business management software for security alarm companies. Founded in 1996, the company has its corporate headquarters in Chagrin Falls, Ohio and the software development office is in Plymouth, Michigan. SedonaOffice is a Windows-based client/server software solution designed specifically for the security alarm and systems integrators industries. For more information about SedonaOffice, visit www.sedonaoffice.com.