PRACTICE DEVELOPMENT NEWS

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SAGE NAMES CHAIRMAN'S CLUB Sage Software has named 14 resellers of its family of software products to the Chairman's Club for 2006, a new level of recognition for top VARs.

The selection included accounting software resellers Blytheco of Laguna Hills, Calif.; CA Plus of Toronto; Net@Work of New York; Enterprise Resource Group of Dallas; and Ascendix Technologies, also of Dallas. A spokesperson says that selection is partly based on sales volume, which the company does not disclose. However, Blytheco, owned by Steve Blyhe and THG Sales Automation, also in the Chairmans Club, had been members of the Million Dollar Circle.

EPARTNERS LAUNCHES LINE

Partner Insights

Epartners has introduced a software line called the Partner Solution Series that the Seattle-based company says is a suite of software and services for micro-verticals in the health care, government, and manufacturing sectors.

The first markets to be addressed are pharmaceutical companies; discrete, high-tech manufacturers and their supply chains; construction firms; professional sports organizations; health care providers; media and entertainment companies; and state and local governments.

TREY RAISES CAPITAL

Trey Industries, which owns Sage reseller SWK of Livingston, N.J., has raised $2,359,047 through the sale to Cornell Capital Partners of secured convertible debentures.

Trey said that part of the financing was used to convert $1,159,047 in promissory notes and interest into new debentures, with another $600,000 representing new financing. A second $600,000 debt issue was to be sold two days before the filing of an SEC registration statement that would register the stock shares involved in the conversion.

INSYNQ FACES SEC ISSUE

Insynq says that the Securities and Exchange has informed the Seattle-based company that its treatment of convertible debentures in its financial statements may have been incorrect.

The company, which markets Internet-based accounting applications, said that after discussing the issue with its accounting firm, Weinberg & Co., management believes its financial statements can no longer be relied upon. Insynq said it could not determine the impact of any restatement.

SAGE OFFERS PR TRAINING

Sage is offering education about public relations to 92 resellers as part of the Sage Fast Track program at its annual Insight conference this month in Nashville.

The schedule, titled "Real PR Tips for Real People," will be lead by Bob Scott, editor of Accounting Technology. Fast Track is a part of the Sage Partner Advantage Program, and was developed to strengthen and hone business-building skills, such as sales, marketing, and project management. Others participating in the presentation include Peyton Burch of the Enterprise Resource Group.

COLUMBUS IT INTROS APPS

Columbus IT Partner, a Microsoft reseller based in Copenhagen, has introduced Retail Chain Manager for Dynamics AX as part of the Microsoft Industry Business Builder Initiative.

The application is the second from Columbus IT as part of the Microsoft initiative. The other software application is for industrial equipment.

ACCOUNTMATE NAMES TOP VAR

AccountMate Software, a Novato, Calif.-based accounting software vendors, has given its President's Award to Figtree Consulting.

Figtree, founded in 1983, is based in Morris Plains, N.J. AccountMate also gave national partnership awards: Mibar Computer Systems of New York was cited for superior performance for software maintenance and exceptional performance for SQL Installations, while The Pea Group was named for outstanding performance in LAN installations.

COMPIERE PICKS CEO

Compiere, which markets open source finance and CRM applications, has named LaVonne Reimer as CEO of the Portland, Ore.-based company.

Most recently, Reimer created and launched the Open Technology Business Center in Beaver, Ore., an incubator for seed-stage open source ventures. Jorg Janke, founder of the Compiere Open Source Project, will concentrate on product strategy and execution in his new job as chief technology officer.

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