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NetBooks Introduces WorkingPoint, the Complete Online Solution for Managing a Small Business

Free web-based suite integrates bookkeeping, contact and inventory management, invoicing, billing, and more June 16, 2009 – San Francisco, CA – NetBooks, Inc., the developer of easy-to-use software for small business, independent contractors, and home based businesses, announced today the release of WorkingPoint™. An “in the cloud” application, WorkingPoint is the first fully integrated online system that combines everything a small business owner needs to successfully establish, manage and grow a business. With WorkingPoint, small business owners no longer have to juggle separate software applications for bookkeeping, contact management, inventory management, invoicing and billing. The web-based WorkingPoint application combines all of these critical functions and more into a single solution – saving a small business valuable time and money. WorkingPoint is a fully secure, web-hosted service that is free for a single user. Additional users can be added at any time for a nominal monthly fee. “There are so many invoicing and accounting ‘point solutions’ available today,” said Tom Proulx, NetBooks’ Chairman and Co-Founder of Intuit. “However, by integrating customer relationship management, enterprise resource planning and inventory management into a single system, WorkingPoint has created a new standard.” According to Tate Holt, CEO of NetBooks, “We’re delighted with the positive feedback we’ve received from our users during WorkingPoint’s beta release. They tell us we’ve made their lives a little easier. And in this tough economic climate, getting these entrepreneurs up and running quickly, while eliminating the cost and hassle of multiple software applications, is a clear indication of success.” WorkingPoint’s integrated online design allows users to easily import contacts, quickly assign action items and inventory, generate invoices, track expenses and payables, produce real-time financial reports and more, all with a few simple clicks from any computer. All data is constantly backed up and completely secure, yet there is little set up required and no software to install or maintain. Best of all, WorkingPoint makes it easy to stay on top of everything from bookkeeping to inventory and services, so people can focus more on growing their business. Features of WorkingPoint include: Invoicing and Accounts Receivable Expenses and Accounts Payable Contact Management Inventory Management Financial Reporting Cash Management Double-Entry Bookkeeping Premium features for WorkingPoint like time tracking and iPhone access will be available later this year. More information can be found at or www.workingpoint.com. About NetBooks, Inc. NetBooks, Inc. develops easy-to-use software for small businesses, independent contractors, and home based businesses. NetBooks’ goal is to help the over 26 million self-employed and small business owners in the U.S. today run their businesses more efficiently and successfully.