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MicroEdge Releases GIFTS(R) 6

MicroEdge Releases GIFTS(R) 6

Published 07-11-05

Submitted by MicroEdge

NEW YORK--(BUSINESS WIRE)--July 11, 2005--MicroEdge, a wholly owned subsidiary of Advent Software (NASDAQ: ADVS) and leading provider of solutions for the grantmaking community worldwide, announced today the release of GIFTS(R) 6. The newest release of the flagship GIFTS(R) product provides comprehensive support to help giving organizations manage government regulatory "spill-over"- or the aftereffects that non-profits face due to laws such as Sarbanes-Oxley and the USA PATRIOT Act - levied upon their for-profit counterparts. In addition, the new version will continue to help organizations stay lean and support their evolving programs through comprehensive reporting features and secure integration with online technologies.

"The release of GIFTS 6 will bring unprecedented freedom and confidence to our clients," remarks Jim Weil, President of MicroEdge. "This version is the result of 20 years of development and interaction with the worldwide giving community, and we are proud to deliver such a targeted and relevant product."

GIFTS 6 offers more flexibility that allows organizations to expand their operations and add resources and projects more seamlessly for improved data management and timely reporting. Providing advanced integration with Windows and Internet grantmaking tools, GIFTS 6 extends the capabilities of the grants management process. The new release addresses the need for strategic giving support, management of government regulations, support for international giving, government compliance and data integrity, among other key issues facing today's giving organizations.

"As a long time GIFTS user, we are looking forward to this exciting new release, which will allow us to focus on aligning our strategic giving plan with administrative tasks to concentrate the most critical efforts associated with running our foundation," says Cheryl Dabat, Operations Manager of The Heinz Endowments.

Each year, worldwide, billions of dollars are awarded and tracked with GIFTS. GIFTS 6 provides an opportunity for giving organizations to plan for the future while continuing to work with the software they have been using for years. Over 2,300 giving professionals rely on MicroEdge products and services to achieve their mission and goals. This new version offers the freedom to integrate with online technology and expand giving initiatives across the country and around the world.

About MicroEdge

MicroEdge, Inc., a subsidiary of Advent Software, Inc., is the leading provider of software and services to the giving community worldwide. The MicroEdge suite of Windows and Web-based software delivers a powerful, integrated, and open framework upon which effective charitable giving can be made. The company is committed to providing the best technology toolset for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable dollars. MicroEdge, Inc. is headquartered in New York City with regional offices throughout North America, and supports thousands of clients worldwide.

About Advent

Advent Software, Inc. (www.advent.com), a multi-national firm, has been providing trusted solutions to the world's leading financial professionals since 1983. Firms in 50 countries using Advent technology manage investments totaling more than US $8 trillion. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs.

Copyright (C) 2005, MicroEdge, Inc. -- 619 West 54th Street -- New York, NY 10019 -- 1.800.899.0890.

All MicroEdge products or services mentioned herein are trademarks or registered trademarks of MicroEdge, Inc. All rights reserved. All other products or services mentioned herein are trademarks or registered trademarks of their respective companies.

Copyright Business Wire 2005

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MicroEdge

MicroEdge

MicroEdge, Inc. (www.mmicroedge.com), a subsidiary of Advent Software, Inc. is the leading provider of software and services to the giving community worldwide. The MicroEdge suite of Windows and Web-based software delivers a powerful, integrated, and open framework which makes charitable giving effective. The company is committed to providing the best technology tool set for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable currency. MicroEdge, Inc. is headquartered in New York City with regional offices throughout North America, and supports thousands of clients worldwide.

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