Cabinet NG Announces Support for Intuit's QuickBooks 2006

HUNTSVILLE, Ala., September 13, 2005 — Cabinet NG, Inc., the industry's solution to the "paper cuts profit" problem in small and medium sized businesses (SMBs), today announced that its document management solution, CNG-Books, supports Intuit's upcoming release of (Nasdaq: INTU) QuickBooks® 2006. QuickBooks is the nation's leading small business management software, and Intuit's QuickBooks 2006 upgrade will deliver new inventory management and accounting controls, delivering faster performance for mid-market businesses. CNG-Books is the leading integrated document management solution for QuickBooks that automates accounting activities by merging document filing and data entry into a single process. 

"Compared to other document management applications on the market today, only CNG-Books, with its support for QuickBooks 2006, is able to meet the performance demands of the mid-market business and growing smaller business," said Andrew Bailey, president of Cabinet NG. "CNG's core document management capabilities are highly complementary to QuickBooks 2006, which emphasizes automating and making available documents associated with customers, vendors and employees. For example, the Cabinet NG solution creates an environment that supports multi-user document security, intuitive and easy-to-use workflow, process capture and acceleration."

CNG-Books works by streamlining QuickBooks data entry and document filing into one consistent and efficient electronic process. Vendor bills, customer payments and credit card statements are brought into CNG-Books as scanned or faxed images. While viewing the image, CNG-Books simplifies data entry by synchronizing information directly from QuickBooks using familiar pull down menus. Only the transaction's unique data must be keyed. This saves time and improves accuracy. With the click of a button, the data is entered in QuickBooks and the image is filed. If a folder does not exist, CNG-Books automatically creates one using the customer/vendor/credit card information obtained from QuickBooks. 

"CNG-Books gives users a way of tying transaction specific documents to the transaction and general documents to a vendor or customer. This puts all the transaction data and associated documents you need about a customer or vendor right at your fingertips – whenever it's needed," said Doug Sleeter, Founder of The Sleeter Group, the leading provider of QuickBooks resources for small business owners, accountants, bookkeepers QuickBooks consultants, CPAs and QuickBooks software developers. "CNG-Books adds tremendous value for the multitudes of accountants standardized in QuickBooks, and its performance is well suited for firms that are growing in size and sophistication."

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses, consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax® software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit's leading tax preparation software suites for professional accountants.

Founded in 1983, Intuit had annual revenue of more than $2 billion in its fiscal year 2005. The company has nearly 7,000 employees with major offices in 13 states across the U.S., and offices in Canada and the United Kingdom. More information can be found at www.intuit.com.

About Cabinet NG

Cabinet NG solves the "paper cuts profit" problem for small and medium sized businesses (SMBs). Cabinet NG's user-friendly document management software streamlines and automates business processes, delivering gains in office productivity and bottom-line savings. By creating secure electronic file cabinets, Cabinet NG's products turn existing labor-intensive, error-prone, paper-based processes into efficient business workflows. Cabinet NG integrates with SMB's business applications creating a central repository of business information that powers more effective business processes. The company's integrated solution for Intuit's QuickBooks automates accounting activities by merging document filing and data entry into a single process. Cabinet NG is privately held and headquartered near Huntsville, Alabama. For more information, visit www.cabinetng.com.

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