Senior VP, Corporate Communications
NetLedger Goes International
with NetLedger Canada
The First ASP to Deliver the First International Version
of Web-based Accounting for Small Businesses
San Mateo, CA. - June 19, 2000 - NetLedger, Inc., the
leading application service provider (ASP) that enables
small businesses to run their companies totally online,
today announced the release of NetLedger Canada,
a full-featured, multi-user, online accounting and business
management solution with features specifically designed
for the Canadian accounting environment. These features
include the capabilities to perform all transactions
pertaining to Goods and Services Tax (GST) and Provincial
Sales Tax (PST), two common taxes in Canada. Additionally,
English has been localized for the Canadian market,
for example, the word "check" is spelled "cheque".
NetLedger Canada is priced at $4.95 (US dollars), per
user, per month with unlimited transactions.
NetLedger Canada is a result of NetLedger's timely
response to the high demand for online accounting solutions
from the Canadian market. In addition to its ability
to perform critical Canadian GST and PST transactions,
NetLedger Canada handles a wide array of functions ranging
from accounts receivable to sophisticated financial
analyses, while providing automatic software upgrades,
data backup, and security. NetLedger Canada delivers
the reliability and scalability of Oracle 8i, the Internet
standard for databases. A complete list of the NetLedger
features can be found at www.netledger.com.
"NetLedger Canada is the first of many international
versions of NetLedger. It's specifically designed to
provide real time solutions to those managing Canada-based
small businesses," said Bill Mirbach, president
and chief executive officer of NetLedger, Inc. "The
Internet connectivity and functionality it offers to
managers, employees, vendors and customers will have
a revolutionary impact on how small businesses are run
"The advantage of NetLedger Canada over "shrink-wrap"
accounting software is that it leverages the power of
the Internet to provide greater convenience," said
Evan Goldberg, founder and chief technology officer
of NetLedger, Inc. "The early launch of NetLedger
Canada testifies to the short development cycles we've
built into our product development process. Customers
in Canada today and around the world will soon benefit
from NetLedger's innovations. In addition, NetLedger
Canada, like our US edition is easy to access and compatible
with all major browsers."
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