Acclivity and Sofa Announce Checkout Joint Venture

Join forces to develop, market and support Checkout point of sale software

November 7, 2007 (ROCKAWAY, NJ) – Acclivity, exclusive distributors of MYOB
software in the US, and Sofa, developers of Mac point of sale software
Checkout, have announced the creation of Werck BV, a joint venture that
will combine Acclivity’s experience servicing small businesses with Sofa’s
dedication to developing easy-to-use software. Werck will develop, market
and support Checkout for Mac small businesses around the world.

Acclivity, which does business as MYOB US, will distribute Checkout in the
US and Canada under the MYOB brand, while Checkout will be sold under the
newly formed Werck brand in all other international markets.

“Sofa’s founders have an infectious passion to help simplify the lives of
retailers, which perfectly complements our focus on small business owners,”
says Scott Davisson, Managing Partner, Acclivity. “They also have a very
clear development philosophy. Retailers using the Mac will be excited not
only by what Checkout can do for their daily workflow, but by how elegant,
simple, and Mac-like the software is to use.”

Checkout helps retailers manage their point-of-sale processes, order entry,
inventory management, customers and vendors. Unlike traditional
point-of-sale systems that often require custom implementations, Checkout
is designed to get retailers up and running in 15 minutes or less.

“We’re thrilled to partner with MYOB US. Sofa’s core ability to build
software, brands and an overall product experience joined with MYOB US’s
seasoned expertise in the small business software market provide the best
possible ingredients for even better small business solutions,” says Dirk
Stoop, co-founder, Sofa.

A soon-to-be-released major upgrade to Checkout will provide an even more
mature, feature-rich offering with such features as multi-user access,
accounting software integration, and credit card processing (version 2 is
expected to ship in early 2008).

“We’re growing our range of great business tools for small businesses and
increasing the choices for businesses that use Macs,” says Davisson. “We’re
obviously partial to our complete solution, with MYOB AccountEdge and
Checkout, but we’re open to working with other accounting software as well.”

About Acclivity

Acclivity is the exclusive US republisher of the award-winning MYOB small
business accounting and management software line for Macintosh and Windows
platforms ( 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 US is a trading name of
Acclivity LLC under license from MYOB Technology Pty Ltd, a subsidiary of
MYOB Limited, an Australian Stock Exchange listed company (ASX:MYO).

About Sofa

Beautiful, user-friendly software begets happy users. At Sofa we strive to
delight people with great interaction models and stunning interface design.
We love the Mac and the web, but have experience developing for other
platforms as well.