iSOFT Business Solutions Works in Partnership With Real Asset Management to Deliver a Complete Financial and Asset Management Solution

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May 4, 2010
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iSOFT Business Solutions Works in Partnership With Real Asset Management to Deliver a Complete Financial and Asset Management Solution

ORPINGTON, England, May 4, 2010--     iSOFT Business Solutions, the financial software, procurement
and bespoke solutions provider, today announces a partnership with Real Asset
Management (RAM), a provider of fixed asset management software and services.
The new partnership sees the integration of RAM's complete asset management
solution with iSOFT's Integra Open Enterprise suite, providing users with
fixed asset management functionality to complement iSOFT's existing
accounting module.

    iSOFT Business Solutions delivers financial solutions and
services across its strong commercial base as well as the public sector,
working with the NHS, Central Government, Local Authorities, Housing
Associations, Police Authorities and Not for Profit organisations to help
improve performance and drive financial efficiency.

    As part of a strategy to strengthen its product and service
offerings across these sectors, iSOFT Business Solutions has approached RAM
to establish a strategic partnership. RAM's comprehensive asset management
solution, Series4000, helps organisations develop a centralised asset
register which can be used across the Finance, Maintenance/Facilities and IT
departments, increasing control, accuracy and transparency.

    Commenting on the partnership, Eamonn Morris, Managing
Director for iSOFT Business Solutions, comments, "Our partnership with RAM
adds significant value to our financial management solution. We can now offer
a complete accounting solution with a range of fixed asset management
functions, providing our customers with a number of options to fit their
business model. These include IFRS compliant depreciation, component
accounting, SORP compliance, barcode/RFID equipment tracking, planned and
breakdown maintenance, as well as web-based fault reporting/helpdesk, work
order labour tracking, stores management and comprehensive management
reporting."

    Mr Morris continues, "Our NHS clients will particularly
benefit from this new partnership, enabling them to manage the maintenance of
all types of assets, including the property estate and medical devices, from
a single integrated system."

    Karen Conneely, Group Commercial Manager at RAM, comments,
"Fixed assets represent a significant investment for any organisation and so
it is vital that assets, whether capital funded or expensed, are tracked and
managed accurately and effectively. With our software integrating with
iSOFT's Integra Open Enterprise suite, users are provided with a centralised
solution which fulfils all their accounting and maintenance needs, all from a
single supplier."

    ENDS

    iSOFT Business Solutions, part of the iSOFT Group, is a market leader in
providing world-class integrated business software solutions to
service-centric organisations. With a product and services portfolio of
outstanding depth, its offerings extend from eProcurement and bespoke
solutions to enterprise-wide financial management solutions, which provide
efficiencies across the entire organisation.

    iSOFT Business Solutions has a presence in all key markets across the UK,
Ireland, Hong Kong and Australia, with infrastructure services extending
coverage to over 35 countries worldwide. Leveraging the strengths, innovation
and global reach of its parent company, iSOFT Group, iSOFT Business Solutions
ensures it meets the needs of its customers, which include large
organisations, small and medium enterprises, not-for-profit and public sector
organisations.

    iSOFT Business Solutions helps its customers achieve results and business
objectives by identifying mission-critical issues and implementing innovative
and customised solutions that are designed to generate revenue, reduce costs
and provide fast access to management information.

    With over 30 years' experience, iSOFT Business Solutions' unparalleled
ability to successfully deliver improved processes is achieved by
understanding its customers' unique needs and providing the capability to
deliver automated systems through the use of technology. These systems, which
include web access, custom development, workflow, business intelligence and
document management, help customers to increase margins and improve cash
flow.

    iSOFT Business Solutions employs more than 130 professional people,
serving over 500 customers including Hartlepool Borough Council, ITN, London
Ambulance Service, Medway NHS Foundation Trust, Northern Ireland Office,
English Heritage, NEP Shared System Group and UNISON.

    Real Asset Management is a leading provider of fixed asset management and
logistics software & services. Over the last 25 years its products have been
implemented by more than 3,000 organisations in over 70 countries.

    RAM, one of the leading suppliers to the UK public sector, has
successfully implemented software across 1000 Commercial companies, 150
Central Government sites, 200 NHS Trusts, 90 Educational Establishments, 100
Local Authorities and Housing Associations and over 250 MoD sites worldwide.

    The company has developed a powerful array of software modules around a
central data repository that enables organisations of any size to manage
every aspect of the asset lifecycle. Its Series4000 solution offers fixed
asset accounting, capital project control, lessee asset accounting, asset
budgeting, help desk management, inventory control, asset tracking,
maintenance management and capital allowance calculations.

   
    For further information, please contact:

    Steven Budge
    iSOFT Business Solutions
    Tel: +44(0)1462-476800

    Karen Conneely                         Tegan Boaler / Lauren Hayward
    Real Asset Management                  The itpr Partnership
    Tel: +44(0)1689-892100                 Tel: +44(0)1932-578800

Source: Real Asset Management

For further information, please contact: Steven Budge, iSOFT Business Solutions, Tel: +44(0)1462-476800; Karen Conneely, Real Asset Management, Tel: +44(0)1689-892100; Tegan Boaler / Lauren Hayward, The itpr Partnership, Tel: +44(0)1932-578800

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