KIRYAT BIALIK, Israel and LAS VEGAS, March 29, 2006 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITWJ), a provider of enterprise software aimed at small- and medium-sized enterprises, today announced that it has completed the development of a bookkeeping module for BENEFIT software.
"In creating this module, our objective was to simplify the management process wherever possible," says ISD's CEO, Moti Maram. "Rather than jumping from one program to another, it is far better that the person closing a sale can be fully attentive to his customer rather than trying to figure out which program to use to generate an invoice or to report the sale. The new bookkeeping module we have created allows the generation of line item entries. This gives us a much more complete package to offer our clients."
This new module comes in addition to the many bookkeeping features that are already in place. For example, ISD's BENEFIT software already includes the ability to create tax invoices, receipts, credit invoices, purchase invoices, purchase invoice credits, deposits and payments to suppliers.
"We are particularly excited about the prospects of marketing this module along with BENEFIT," adds Maram. "It adds greater value and features for our existing base of users, and in approaching new customers we offer them the opportunity of working with fewer software solutions while accomplishing more."
The bookkeeping module interfaces with most existing bookkeeping programs. To this end, clients can export line entries from the module to their existing bookkeeping system or directly to their accountants. ISD will launch marketing the new module in Q2 of 2006.
BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. BENEFIT includes many CRM functions serving the needs of organizations for greater internal efficiency, cost control, and customer service quality.
About ISD
ISD Ltd. is an Israeli software company providing enterprise software that enables small- and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries.
For more information, please contact Jeff Adams at invest-isd@isdsoft.com or visit us on the Web at www.isdsoft.com.
Forward-Looking Statements
Certain statements in this news release may contain "forward-looking" information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.