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IAS UNVEILS NEW LEASE-BASED PRICING AND PACKAGING; A MORE COST-EFFECTIVE ALTERNATIVE TO TRADITIONAL SOFTWARE LICENSING MODELS
Provides Greater Flexibility and Cost Savings in Accounting Software Procurement
MELVILLE, NY – September 30, 2002 – IAS, Inc. (IAS), a leading provider of financial and accounting software, today unveiled new lease-based software licensing plans. IAS's leasing plans make acquiring professional accounting software more cost-effective for businesses than the traditional software licensing models currently offered by most vendors. IAS Visual ADVANCE! Business Edition (BE) and IAS Visual ADVANCE! Single User Edition (SUE) customers benefit immediately from the new pricing plans.
Under IAS's new lease-based licensing model, customers will receive all software maintenance and upgrades at no extra charge, allowing businesses to guarantee fixed software costs for the entire period of the lease. Additionally, each license provides for an unlimited number of users at no additional cost. One-year, three-year, and five-year lease terms are available, delivering on the flexibility needed by businesses to succeed in today's economic climate. The combination of lease-based licensing and the limitless number of users per license provides for a simple and inexpensive way of acquiring best-in-class accounting software. IAS will also continue to support its traditional software licensing plans.
According to Richard Sperber, Chief Financial Officer of Cellular Network Communications Group (CNCG) and long time IAS customer, "IAS has always provided flexibility and simplicity in the licensing and use of its software with the most notable example, the unlimited user license. IAS is offering a simple licensing model that ensures total cost of ownership. Eliminating many of the variable factors associated with ongoing software usage costs will allow us to make better budget and management decisions while avoiding situations that can lead to cost over-runs. Application software vendors that fail to provide customers with alternative software payment options are not responding to today's small business needs."
Pricing for IAS Visual ADVANCE! Business Edition (BE) and IAS Visual ADVANCE! Single User Edition (SUE) under its new lease program is as follows:
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P1 |
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L1 |
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L3 |
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L36 |
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L5 |
| IAS Visual ADVANCE! (BE) |
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$6035 |
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$3830 |
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$2970 |
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$290 |
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$2790 |
| IAS Visual ADVANCE! (SUE) |
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$2500 |
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$1570 |
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$1220 |
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$120 |
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$1145 |
Licensing Definitions:
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Lease
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- L1 A single payment for a one-year lease.
- L3 Three equal annual payments for a three-year lease.
- L36 Thirty-six monthly payments for a three-year lease.
- L5 Five equal annual payments for a five-year lease.
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It is important to note that lease option prices are inclusive of maintenance and upgrade fees for the entire term of the lease.
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Purchase
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- P1 A single payment for a perpetual license inclusive of maintenance for one year.
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IAS Visual ADVANCE! Business Edition bundles the most commonly used modules at a savings of approximately twenty percent when compared to the price of its individual modules if purchased separately.
"We have continued to listen to our small business customers and believe that the combination of an unlimited user license, the inclusion of all maintenance and upgrade costs, and the fixed price lease term is exactly what they have been requesting," said Keith Furino, Vice President, IAS. "Additionally, businesses can purchase the source code to IAS Visual ADVANCE!, enabling them to customize the package to accommodate specific accounting needs. Since source code permits companies to effectively manage software investments for the long term, IAS is putting control back into the hands of the customer."
For IAS resellers, the new lease-based licensing plans feature a greatly simplified licensing structure, making it easier to manage and sell. According to Wayne Brown of WGB Consulting, LLC, an IAS reseller, "IAS has always delivered on customer requirements. It's no surprise that IAS would be the first to offer new, more flexible ways for customers to acquire financial accounting software. The streamlined, easy-to-manage pricing, coupled with its superior product functionality, will encourage our customers to continue to purchase IAS software."
"IAS has raised the bar for other vendor's of financial and accounting software," said John Pigott, Principal, Adaptable Systems, Inc., a long-time reseller of IAS software. "When IAS first came to me with its new lease-based pricing plans, I consulted with our customers and confirmed that new, more easily manageable and cost-effective pricing models must be made available. Lease-based pricing will help our business continue to meet the diverse needs of our customers."
Note to editors: For more information on IAS and its new software licensing plans, please visit: http://www.iasadvance.com
About IAS Visual ADVANCE!
The IAS Visual ADVANCE! product suite is a full featured accounting package for small to medium size businesses. The software features a highly intuitive interface that is easy to learn and use. Built upon the latest object-oriented framework technology, the package can be easily tailored to meet specific needs.
The IAS Visual ADVANCE! product suites include IAS Visual ADVANCE! Single User Edition (SUE) and IAS Visual ADVANCE! Business Edition (BE). IAS Visual ADVANCE! Single User Edition (SUE) includes the General Ledger, Accounts Payable, Accounts Receivable, Sales Order, Inventory Control, and System Manager modules. Single User Edition ships with a single client access license. IAS Visual ADVANCE! Business Edition (BE) includes all the modules found in Single User Edition and adds one module of your choice from the following list: Purchase Order, Contact Management, Bank Reconciliation, Data Exchange, or Message Manager. Business Edition ships with an unlimited client access license.
Additional modules may be purchased as required for both suites.
About IAS, Inc.
Founded in 1991, IAS, Inc. (IAS) develops, markets and sells financial and accounting software to small and medium-sized enterprises. More than 1,000 businesses rely on IAS for its accounting software requirements. IAS is headquartered in Melville, NY and is privately held. For more information on the company and its products, visit www.iasadvance.com or call 516.575.7171.
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