Cabinet NG Unveils Next Generation CNG-Books

Huntsville, Ala., February 21, 2006 – Cabinet NG, Inc., the preeminent solution to the "paper cuts profit" problem in small and medium sized businesses (SMBs), today announced the release of CNG-Books® 3.0, the leading integrated document management solution for Intuit (Nasdaq:INTU) QuickBooks®. CNG-Books is equipped with features that expand QuickBooks' productivity by further integrating QuickBooks data entry with Cabinet NG's document filing process. CNG-Books unites QuickBooks transactions with the correct business documents to make filing, locating, and sharing documents simple and secure.

"The efficient flow and routing of information is important for businesses of all shapes and sizes. Slow-downs and disruptions to the flow of documents in accounting can bring any business to its knees," said Gregory LaFollette, CPA. CITP, Executive Editor of The CPA Technology Advisor. "Often business rules and traditions tend to block success in the move toward ‘paperless'. CNG-Books 3.0 can help remove these impediments to an electronic document management process."

Since 2004, CNG-Books has incorporated new innovations that keep pace with user requirements and QuickBooks functionality enhancements. CNG-Books 3.0 continues to do so with new features that give user the ability to:

• Open a full range of file formats including PDF, Microsoft Word, Microsoft Excel, Text documents, and scanned or faxed images directly from within CNG-Books. CNG-Books now enables users to enter documents - vendor bills, customer payments, credit card statements - in their original format. Removing the time consuming task of printing and scanning documents is part of Cabinet NG's commitment to eliminating paper at its source.
• Send and share documents to any other Cabinet NG user within the organization. Built-in workflow automation improves office productivity by making the exchange of documents easy and efficient between users and user groups.
• Automatically pre-fill new bills with data from historic bills to synchronize information quickly from QuickBooks. Pre-filling data helps to create a consistent and error free process when making new entries; automatic updates also keeps bills current and avoids confusion.
• Make both credit and bill entries, and support multiple accounts payable and allow charges against multiple accounts. Professional bookkeeping has never been so easy.

Andrew Bailey, President, Cabinet NG said, "Cabinet NG continues to develop document management innovations that make Intuit's QuickBooks software – used by millions of SMBs – an even more potent business application. CNG-Books' ‘out of the box' functionality continues this tradition, enabling accounting departments to achieve best practice processes across their entire document infrastructure."

"At Intuit we know that small business owners are always looking for ways to save time and money," said Ed Schaffer, Group Manager of the Intuit Developer Network. "Easy-to-use products like CNG-Books 3.0 and QuickBooks help small business owners successfully manage their financial lives so that they can spend less time shuffling through papers and more time running and growing their businesses."

QuickBooks is the nation's number one selling accounting software package with more than 3 million small business customers and more than 250,000 accountants who use and support it. Building on Intuit's trademark ease of use, QuickBooks 2006 simplifies key business tasks, saves businesses time with new inventory management and accounting controls and delivers faster performance for mid-market businesses. QuickBooks 2006 also adds a single, visual view of an entire business and key tasks, customized for each company's needs so information is never more than two clicks away.

For more information on the QuickBooks 2006 line-up of products and services, please visit www.quickbooks.com. Information on QuickBooks compatible software, including CNG-Books 3.0 can be found at the QuickBooks Solutions Marketplace by visiting http://marketplace.intuit.com or by visiting www.cabinetng.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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