MYOB AccountEdge Network Edition Enhances Speed

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

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