Johannesburg, South Africa (July 22, 2003) -- Softline, Ltd., the South African parent of North American accounting software developers, Softline AccountMate and Softline BusinessVision, postponed a July 21 shareholders meeting about the potential sale of the company because it has not received firm offers from all bidders.

The three bidders are Sage plc, the England-based parent of Best Software in the United states, a group of internal Softline managers, and minority Softline shareholder, Ivan Ferrer, joined by Exact Software, the Dutch-based parent of Exact North America, the former Macola Software company.

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