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Company Announcement  14 July 2008 

Melbourne, Australia

SME Computing Solutions today announced it has acquired Qsolve Pty Ltd, a leading provider of JD Edwards based consulting services.

The acquisition unites one of the oldest and most-respected JDE consulting practices with SME's document imaging expertise.  The combined companies will focus on providing a better, more comprehensive Imaging and Accounts Payable Automation (APA) experience for JD Edwards users around the world.

"Both SME and Qsolve have a deep commitment enabling businesses to maximise their ROI, productivity and profitability with imaging technology solutions," said Mark Klenner, Chairman, SME Computing Solutions.   "We believe Qsolve is the perfect fit and supports our commitment to expanding our leadership in the APA segment by creating the most integrated, usable, and manageable solutions for the JD Edwards customer base."

The combination of SME Computing Solutions and Qsolve creates the industry choice for Accounts Payable Automation and Document Imaging solutions.  Qsolve complements SME's product portfolio with a delivery arm to create a  "one-stop-shop" for JDE transactional document management that helps reduce costs, streamline key document processes and simplify compliance.  

 "SME's acquisition of Qsolve is a positive milestone for all our stakeholders - employees, customers and shareholders", said Managing Director, Margaret Hunnicutt.  "Our joined expertise creates an unparalleled opportunity for JD Edwards clients wanting to leverage their existing systems to even greater productivity and profitability, and allows us to fully focus our efforts to that end.

"Existing customers will continue to receive the same services and solutions, from the same team of dedicated professionals.  This is about new growth and vigour in the company."  

About Qsolve
For more than a decade, Qsolve has been a leader in delivering high-value, specialist JD Edwards consulting services to the marketplace. Qsolve has worked with SME Computing solutions to deliver the most tightly integrated Payables Imaging interface to JD Edwards available on the market.

Qsolve also provide Oracle's Imaging and Business Process Management (formerly Stellent), and will continue to do so under the new company structure.

About SME Computing Solutions
SME Computing Solutions was founded in 2004 with the purpose of developing document imaging solutions to enable businesses to focus on the growth and wealth of their company by achieving significant efficiencies. SME Computing Solutions is a member of the HP Developer & Solution Partner Program. www.sme-cs.com

 
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