PrecisionPoint Software and Zap Announce OEM Agreement for Microsoft Dynamics Business Warehouse

Partnership Promises Microsoft Dynamics ERP Customers in Asia Pacific a Complete Financial, Customer and Supply Chain Intelligence Solution in Days Instead of Months

LONDON and BRISBANE, AUSTRALIA--(Marketwire - July 2, 2007) - PrecisionPoint Software today announced that it has signed an OEM agreement to provide its Business Warehouse product for Microsoft Dynamics as an integrated data warehouse platform for Zap Business Intelligence, a web-based Business Intelligence application. The combined Zap Business Intelligence/Business Warehouse product will deliver a simple, easy to use and scalable Business Intelligence solution at a fraction of the cost and time that it would take to build a data warehouse using traditional methods and tools.

Garth D. Laird, Managing Director of Zap and former Regional Vice President for Navision, said, "Zap recognizes PrecisionPoint Software as the world leader in Business Warehouse solutions for Microsoft Dynamics. This OEM agreement means that we can now offer the combined Zap/PrecisionPoint Business Warehouse product as a complete BI solution which is rapid to deploy and provides trusted, reconciled information across the enterprise including Finance, Sales and Operations."

Aimed at mid-market and low enterprise market customers running Microsoft Dynamics NAV and Microsoft Dynamics AX (formerly Navision and Axapta), PrecisionPoint Business Warehouse is a complete reconciled business warehouse optimized for Microsoft SQL Server. Zap Business Intelligence provides knowledge workers with a top down view of their business through interactive queries, reports, dashboards and scorecards with user defined Key Performance Indicators (KPIs). Fully Microsoft .Net compliant, Zap Business Intelligence objects can be viewed in the Zap web portal or Microsoft SharePoint.

"Partnering with Zap is great for our customers and resellers who can benefit from the easy deployment of thin web clients to a wide audience of business users beyond the Finance department," according to Dr Nigel Geary, founder and CEO of PrecisionPoint Software. "Like us, Zap is an expanding and vibrant company that really understands the BI requirements of mid-size enterprises."

The OEM agreement covers the Asia Pacific region which includes Australia, New Zealand, Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam, Hong Kong, China, Taiwan, India and South Korea through Zap offices in Brisbane, Sydney and Singapore and resellers throughout Asia Pacific.

About Zap

Zap Technology Pty Ltd is an international software company that creates solutions to help businesses improve corporate performance. Zap unites data from many systems to present the big picture for understanding and planning performance. Zap offers complete, affordable solutions that are easy to use, scalable, and run on the Microsoft® platform. Zap is a privately held company headquartered in Brisbane, Queensland, Australia. For more information, visit www.zaptechnology.com.

About PrecisionPoint Software

PrecisionPoint Software is the company that brings sophisticated business intelligence (BI) to Microsoft® Dynamics™ ERP systems, including Dynamics NAV, Dynamics AX and Dynamics GP (formerly Navision, Axapta and Great Plains). The fully automated PrecisionPoint Business Warehouse offers the lowest ongoing cost of ownership for a world-class, integrated business warehouse and the benefit of the mid-market. PrecisionPoint provides an enterprise-caliber platform for reporting and analysis that is fully compatible with SQL Server 2005™, Microsoft® Office 2007™, Reporting Services and SharePoint. There are hundreds of satisfied end-users in production with PrecisionPoint solutions at companies including Basic Chemical Solutions, Boehringer, Habitat for Humanity, Harrods Aviation, John West Foods, Ryvita, Rotary Watches, Sega Europe, TomTom and Twinings.

PrecisionPoint Software is headquartered in Bracknell, UK, with a US HQ in Waltham, Massachusetts and sales and support offices in New Jersey, and Johannesburg, S. Africa. For additional sales, distribution or solution information, please visit www.precision-point.com