News and Announcements

Thursday, August 12, 2004

Fortune 1000 Group Inc. Acquires Strategic Technologies

Acomba software is now completely compatible with software such as Microsoft Office™ and Crystal Report™ as well as with customer relationship management programs such as Maximizer™

Québec, August 12, 2004 – On August 11, 2004, Fortune 1000 Group Inc. (Fortune 1000) acquired all intellectual rights to two technologies that allow users to process, in widely used applications such as Microsoft Office™ and Crystal Report™, accounting data prepared using the Fortune 1000 Acomba accounting solution, and to use Acomba data with advanced functions of the customer relationship management (CRM) application Maximizer™.

In consideration of these technologies approximately one percent (1%) of Fortune 1000’s total assets was paid in cash from the company’s operating funds.

These two technologies, ODBC Driver for Acomba and Lien FINMax, were developed by Solutions Softidée Inc. (Softidée), a young software solutions designer.

To continue the development of integration solutions at Fortune 1000, Martin Dufour, president and founder of Softidée, has joined the Fortune 1000 team as Director of Integration Technologies.

“Thanks to the ODBC Driver for Acomba, using a standard operation, Acomba solution users can now easily transfer their General Ledger data to thousands of data processing programs, electronic spreadsheets or word processors, such as Crystal Report™ and Microsoft Office™,” said Dufour. “In addition, he added, with the Lien FINMax program, those using Maximizer to manage their customer relationships, will be able to directly access useful accounting data contained within their Acomba systems.” (trans.)

Lien FINMax will, henceforth, offer its users the Acomba Suite developed by Fortune 1000, advanced customer relationship management (CRM) features and the possibility to transfer their data to ACCPAC™, Simply Accounting™ and Microsoft Great Plains™.

According to Fortune 1000 C.E.O. François Taschereau, “the acquisition of an ODBC program will allow Fortune 1000 to develop its marketing strategy in English-speaking Canada. As for Lien FINMax, it’s a great point of entry into the customer relationship management industry.” (trans.)

Fortune 1000 completed the initial public offering process on August 9, 2004. Upon approval of TSX Venture Exchange Inc. (TSXV) and concerned regulatory authorities, Fortune 1000 shares will be traded on the TSXV under the symbol FRT.

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For more information contact:

Sophie Lefrançois
Director of Corporate Communications
Groupe Fortune 1000 inc.
slefrancois@fortune1000.ca
Tel.: (418) 877-0088, #256
Fax: (418) 877-9994

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the release.