TIME AND BILLING SOFTWARE

Abak, Groupe AGI's effortless time & billing software solution, has been
specifically developed for QuickBooks® 2003 products.

Abak Time and Billing is an integrated time and expense management
system that allows employees to enter and approve timesheets and
expense reports from anywhere, at anytime, using a wide range of
techniques in a user-friendly format. Abak also allows you to generate
a wide range of reports in real time (work in progress, budget control,
WIP Aging, etc.)

"I am very happy with my new abak time and billing software and I
would be happy to provide a reference. It used to take me 2 weeks
(10 business days to complete my billing cycle). Last month I did it
in 3 days. Since this was my main objective in switching to abak time and billing software,
I am very satisfied in this regard. My invoices look far more professional and the
link with ACCPAC is working great. Since I also have more reports
directly from abak, I don't have to do anymore excel reports for clients
or internal purposes at month end. I found Abak intuitive to learn.

Groupe AGI of Quebec, Canada, leaders of the time and billing software
market in Canada, is pleased to announce the opening of their U.S.
headquarters, based in Clearwater, Florida and the launch of the Abak
line of products in the U.S. marketplace. Abak, their flagship product,
promises to bring effortless time tracking, invoicing and reporting
capabilities as well as its acclaimed customer service, to the U.S.
market.

"It's incredible that Abak, initially developed for our company's
internal usage, has received so much attention and so many accolades,"
Abak is poised to become a major force in the United States, and we will be
expanding our Florida office to meet up with demand."


"One of the ways we will work to quickly increase the number of
installations in the U.S. will be through the launch of a reseller
program," said Paul Cibas, Head of U.S. Operations. "We will be
announcing our reseller program parameters in the near future."

For this reason, AGTI has decided not to implement Abak’s expense
reporting system. However, the Abak system does not prevent AGTI from
printing an employee’s expense report, which could be signed and which
could have receipts attached to it. However, AGTI’s elaborate tax
management built into their existing spreadsheet system for expenses,
has caused them to defer the implementation of Abak’s expense reporting system. Integration is usually the big challenge for every system. Abak, as with most PSA or time and billing software, does not include general ledger, accounts receivable or accounts payable. Abak provided integration between AGTI’s accounting system and Abak. For each invoice produced by Abak’s time billing software, a corresponding entry is automatically generated and sent out to AGTI’s accounts receivable system. But there is no synchronization of customer information between systems. On the accounts payable side, the combination of not enough external purchases allocated to projects and the lack of
synchronization between suppliers in the accounts payable system and
Abak, has caused AGTI not to use Abak’s purchasing system.