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Centage Corporation Announces New Fortune 500 and Mid-Market Customers in 2005

Fortune 500 and mid-market companies increasingly using company's Budget Maestro solution for financial business performance management

HOUSTON, TX, September 29, 2005 - Centage Corporation, a leading provider of integrated budgeting, forecasting and financial reporting solutions, today announced several new Fortune 500 and mid-market companies to its customer base in 2005. Among the companies Centage has added to its client roster are: Auntie Anne's, Inc., franchisor of Auntie Anne's® Hand-Rolled Soft Pretzels, the nation's largest hand-rolled soft pretzel franchise; Peet's Coffee & Tea, Inc., a specialty coffee roaster and marketer of fresh, deep-roasted whole bean coffee; Pfizer Inc., a discoverer, developer, manufacturer and marketer of leading prescription medicines; Premiere Global Services, Inc., a leading global provider of innovative business communications and data services; Spirent Communications Inc., the telecommunications test unit of Spirent plc which specializes in network diagnostic instruments and related software; and Walgreen Co., the nation's largest drugstore chain with fiscal 2004 sales of $37.5 billion.

Businesses are using Centage's Budget Maestro to gain real-time financial visibility and accountability in the organization. The product supports the full business management cycle of budget development, comparing actual results to plan, re-forecasting, contingency and what-if scenario planning, and financial and management report generation, in an affordable, easy-to-implement and scalable solution.

"Monitoring cash flow is very important to us," says Larry McJunkin, budget analyst at Auntie Anne's, Inc. "We had used a competitive solution, but Budget Maestro more closely integrates the Balance Sheet and P&L statement to produce an accurate and reliable Cash Flow statement. This provides us with a greater sense of confidence in managing our resources."

"Budget Maestro allows us to budget, forecast and report from one integrated package rather than multiple spreadsheets," said Tom Lashway, director of finance, North America Conferencing & Collaboration Division, Premiere Global Services. "We can now focus on analysis rather than the mechanics of building Excel spreadsheets, and that allows us to be more efficient and to make better decisions more quickly."

To learn more about Centage Corporation, visit www.centage.com or call 1-800.366.5111.

About Centage Corporation
Centage Corporation provides sophisticated yet easy-to use Business Performance Management (BPM) solutions that enable organizations of all sizes to improve their budgeting, budget forecasting and reporting capabilities. Since 1995, thousands of licenses of the company's premier financial solution, Budget Maestro®, have been sold worldwide, enabling managers at all levels to dramatically simplify their budgeting process and improve the accuracy and efficiency of their overall business planning process. Budget Maestro by Centage delivers superior ROI through a combination of best price, easiest implementation and use, and a fiscally sound methodology that enables confident decision-making. Centage Corporation is headquartered in Houston, TX. For more information visit www.centage.com.

 

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