Record Growth and Customers in 2007 for Centage: Double-digit Growth and 1,400 SMB Customers Now

NATICK, MA, Jan. 28, 2008 - The fourth quarter of 2007 marked Centage Corporation’s third consecutive quarter of 43% average quarter-over-quarter sales growth (compared to the same quarter in 2006). The company’s flagship product -- Budget Maestro® -- passed the 1,400 customer mark in December 2007. This record-setting growth represents the company’s best year ever, and solidifies Centage’s position as the leader in the North American small to medium business (SMB) segment for budgeting, forecasting, financial reporting and consolidation software.

“Centage’s success stems from our laser-like focus on serving the Small to Medium Business market with high-value financial software solutions specifically designed to meet their needs,” said Centage president and CEO Kamran Sassoon. “The SMB market has responded by licensing our solutions at a record pace.”

The key growth area for Centage was the mid-market -- companies with annual revenues of more than $250 million -- in the Manufacturing, Business Services, Bio-tech, Construction, Retail, and Distribution industries.

The company launched new products in 2007 including a Dashboard Kit and new versions of its Link MaestroTM tool. Link Maestro provides direct connectivity between Budget Maestro and leading mid-market Accounting and ERP platforms including Microsoft Dynamics GP, Sage MAS 90 ERP and MAS 200 ERP, and Intuit QuickBooks®.

About Budget Maestro

Centage’s premier Business Performance Management (BPM) solution, Budget Maestro, features built-in financial and business logic that frees companies from budgeting with spreadsheets, allowing users to produce accurate budgets and what-if scenarios without risking complex formula errors and bad workbook links. Users can generate integrated financial statements, income statements, balance sheets and cash flow reports, as well as unlimited analytical and managerial reports, all in real-time. Thousands of licenses of Budget Maestro have been sold worldwide since 1996. This scalable solution grows with the user’s company, from one to hundreds of users. It interfaces easily with many G/L and ERP applications, and implements in days – usually with no IT involvement and little training. Budget Maestro is available directly from Centage and its authorized resellers.

About Centage

Natick, Mass.-based Centage Corporation (www.centage.com) is a leading provider of integrated budgeting, forecasting, financial reporting and consolidation solutions for small and medium-sized businesses. It provides sophisticated yet easy-to-use BPM software solutions that enable small and midsize companies to make better financial decisions by improving the efficiency and accuracy of their budgeting, forecasting, reporting and analysis.