Intacct CEO Mike Braun Named to List of People to Watch in 2009

January 05, 2009

SAN JOSE, Calif. – Jan. 5, 2009 – Intacct, a leader in on-demand financial management and accounting applications, today announced that SourceMedia publications Accounting Technology, Accounting Today and Practical Accountant have named Intacct president and CEO Mike Braun to their list of "People to Watch in 2009." The list is comprised of nine top business people who make decisions that are important those practicing in the tax and accounting market. In SourceMedia's 2009 edition of "The Year Ahead" supplement, editors noted that the decisions made by the people on their watch list will be crucial to the success of firms in the tax and accounting arena. Earlier this year, Mike Braun was also named to Accounting Today's list of the 100 most influential people in accounting and Intacct was named to their list of the top 100 products of 2008.

In the article on the "People to Watch," Mike Braun is specifically praised for restocking Intacct's executive team and refocusing the company's distribution strategy. To that end, the article notes that Intacct recently picked up the largest reseller from NetSuite and had record revenue in the first quarter of fiscal year 2009 (ended September 30, 2008). Under Mike Braun's leadership, Intacct has raised $29 million in venture capital financing in the past 18 months and the company's Software as a Service (SaaS) financial applications are helping to transform the accounting profession.

The "People to Watch in 2009" list was published as a supplement to the December issues of Accounting Technology, Accounting Today and Practical Accountant. Visit www.webcpa.com for more details on these publications.

About Intacct
Intacct is a market and technology leader in on-demand financial management and accounting applications. The company's award-winning solutions are used by thousands of businesses, from startups to public companies, and are designed to improve company performance and make finance more productive. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Web via Software as a Service. Intacct is the only on-demand financial management solution seamlessly integrated with salesforce.com. As a company grows, Intacct's deep and mature applications, SAS 70 Type II certification, and documented processes support Sarbanes-Oxley compliance for public enterprises.

Intacct is headquartered in San Jose, California, with operations in Bangalore, India. For more information, please visit www.intacct.com or call 877-437-7765.