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Altec Becomes Sage Software Endorsed Development Partner to
Jointly Market Integrated Document Management Solution

Endorsed Development Partner Agreement Brings Altec’s doc-link™ Solution
to Sage Software Customers


Laguna Hills, CA – February 19, 2008 – Altec, a leading provider of accounting-centric Integrated Document Management (IDM) solutions, today announced an agreement with Sage Software’s Business Management Division (BMD) to become an Endorsed Development Partner. Together, Altec and Sage Software will jointly market doc-link, Altec’s comprehensive end-to-end suite of industry-specific solutions integrated with select Sage Software applications.

Sage Software customers installing doc-link will be able to extend their return on investment by automating their labor-intensive paper processes through the capture, workflow and delivery of documents. Historically, users experience an up to 40 percent increase in productivity by selecting doc-link over traditional paper-based processes and realize a return on investment in nine months or less.

To qualify as a BMD Endorsed Development Partner, Altec has satisfied the stringent certification criteria required by Sage Software for integration with its applications. Additionally, Sage Software customers are assured of doc-link’s compatibility with current and future releases of select Sage Software applications. With the induction of Altec into the BMD Endorsed Development Partner program, Sage Software and its channel partners will be authorized to resell doc-link.

“Sage has been a key strategic partner for Altec, and I am pleased that the relationship has broadened and elevated to the Endorsed Development Partner level,” said Mark Ford, CEO of Altec. “As an Endorsed Development Partner, Sage customers will have the confidence of working with a trusted, tested and leading-edge solution that is guaranteed to work seamlessly with their existing application.”

“Altec is enjoying great success with its document management solution and already has a solid customer base in the mid-market,” said Alan Bryant, Senior Vice President ISV Programs and Developer Relations for Sage Software’s Business Management Division. “Formalizing our relationship with Altec within our BMD Endorsed Development Partner Program will help us deliver even greater value to our mutual customers.

About Sage Software’s BMD Development Partner Program
            The BMD (Business Management Division) Development Partner Program is designed to help ISVs (Independent Software Vendors) successfully develop, test and market applications that enhance and extend the functionality of Sage Software’s BMD solutions. The program provides extensive development resources, technical services, strategic product and marketing benefits that help maximize Development Partner revenue opportunities. Endorsed Development Partners, the highest achievable designation in the program, receive the greatest benefits by meeting rigorous strategic, technology and integration criteria. Sage Software supports the needs, challenges and dreams of nearly 2.8 million small and mid-sized business customers in North America through easy-to-use, scalable and customizable business management solutions. For more information on the Sage Software BMD Partner Development Program, please visit http://sagesoftware.com/partners/development_program/index.cfm

About Altec
            Based in Laguna Hills, Calif., and originally formed in 1985, Altec is a leading international provider of Integrated Document Management solutions to mid-market companies.  The company offers a wide range of accounting-centric paper to paperless solutions including its flagship product, doc-link, which enables companies to capture, archive, workflow and route structured and unstructured documents to customers, employees and vendors. Altec’s comprehensive solutions include IDM, output management, MICR check disbursement and paper documents that serve more than 13,000 customers worldwide.  Altec works jointly with premier ERP and business management solution providers to provide the most comprehensive, integrated enterprise document management solutions to its customers.  For more information, visit Altec on the Web at http://www.altec-inc.com/, or call 1-800-997-9921.

 

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