FRx Software Announces Availability of Forecaster 6.7

Budgeting and planning solution extends Functionality

Budgeting and Planning Solution Extends Functionality, Including New Updates To Help Businesses Manage HR-Related Expenses, Minimize Costs and Maximize Effectiveness

DENVER&#August 4, 2003—FRx Software Corp., a Microsoft company and a part of Microsoft Business Solutions, recently announced the availability of Microsoft® Business Solutions for Analytics--Forecaster 6.7. Forecaster 6.7 is a budgeting and planning application designed to help give midmarket and corporate businesses the ability to gain immediate control over their budgeting process in a fully integrated, Web-based environment.

Significant new functionality in Forecaster 6.7 includes a full range of valuable human resource (HR) budgeting and planning offerings, accelerated and simplified installation, and enhancements to the ExpressLink feature, which allows customers to more easily map general ledger accounts to Forecaster.

"Effective budgeting tools are the secret weapon against inefficiency and ill-informed planning," said Chris Scherpenseel, president of FRx Software. "Our newest Forecaster release is extremely valuable because it gives businesses more insight into their HR and staffing environment, helping them create more viable and flexible budgets and plans."

With expanded HR features, Forecaster 6.7 gives users the ability to more effectively plan for, manage and make more-informed decisions related to staffing requirements and costs.

"Labor is one of our largest budget items," said Todd Richardson, senior manager for Mercy Health Partners. "If we can get greater visibility into labor costs and the way we handle issues like flex staffing, we can make better staffing decisions. FRx Software has really delivered terrific functionality to address our needs in this area. Forecaster 6.7 has great flexibility built into it that allows us to achieve more realistic plans."

Availability and Pricing
Forecaster 6.7 is available immediately in the United States and Canada through FRx Software's extensive distribution channel. Pricing begins at $7,500 (estimated retail price) and is based on the size of the implementation and the number of named users. Implementation and training services are available at an additional cost.