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Abak launches a massive attack on Quickbooks®

December 1, 2002

Abak, Groupe AGI's effortless time & billing solution, has been specifically developed for QuickBooks® 2003 products

Clearwater, FL, December 2002. Groupe A.G.I. today launched Abak professional and Abak Enterprise specifically developed for the QuickBooks® 2002 and 2003 products including QuickBooks Pro 2003 and QuickBooks Premier 2003. The flawless data integration between the QuickBooks products and Abak will allow the company to access a huge basin of small businesses and will solidify the software's position as the Time & Billing market leader.

"We are extremely confident that the companies that opt for QuickBooks® to manage their business finances will also turn to Abak to manage time, expenses, projects and to invoice their customers. We feel certain that Abak will cause quite a stir. Already, the phone is ringing off the hook for advance copies, "said Guy Boisvert, president and CEO of Groupe AGI Inc.

The need for QuickBooks compatible software solutions is very strong. Case in point, according to a Tower Group 2001 study, three million small businesses use QuickBooks® for their day-to-day operations. According to the QuickBooks® 2000 user study, 80% of small businesses using QuickBooks® are actively seeking software solutions that integrate with their software.

"Intuit and Groupe A.G.I. both recognize that small business owners juggle many daily tasks and that they are constantly looking for ways to streamline their operations,"” said Esther Kruijver, Director of the Intuit Development Network. "Enabling the data exchange between Abak; Abak Enterprise and the QuickBooks® 2002 and 2003 products will help businesses save time and manage their resources more efficiently, allowing them to spend more time actually running their business."

Groupe A.G.I. Inc


Groupe AGI Inc is an application provider that has cornered the market in the time and billing industry. Since its inception in 1996, the company has grown by leaps and bounds and now has offices in Quebec city, Montreal and Clearwater, Florida. Abak, the company’s time and billing solution is sold all over the world. The software is widely used and renowned in the services industries and has a large customer base in accounting, engineering, software engineering, architecture, law firms, geographical firms, research consultants and business consultants. Clients include Deloitte & Touche, Standard Life, Grant Thornton and the Government of Canada. For more information about Abak Software and Groupe AGI Inc., please visit www.abaksoftware.com

Intuit® Inc., the Intuit Logo, Quicken, QuickBooks Pro, QuickBooks Premier, Turbo Tax, ProSeries and Lacerte, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and Other Countries.