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SAN JOSE, Calif. – June 9, 2010 – Intacct, the leader in cloud financial management and accounting applications, today announced the TechAmerica Foundation has named Intacct a finalist in the Software category of the 2010 American Technology Awards, which recognize the top technology products and services in North America. Finalists were selected through independent judging by top industry-specific media representatives. The winners will be announced on June 16, at TechAmerica Foundation’s Eighth Annual Technology and Government Dinner in Washington, D.C.

The American Technology Awards bestow the only “Best Of” awards that recognize all technology products and services for the technology industry. Known as the “Terman Awards,” the American Technology Awards are named after Frederick Terman, who is widely credited as being the father of Silicon Valley. Terman Awards are presented across more than a dozen industry segments – from Software and Internet Services to Consumer Electronics, Clean Tech and Telecommunications.

“Intacct continues to garner widespread industry recognition – both at the product and company level,” said Robert Reid, president and CEO of Intacct. “As a leader in the software industry, our innovative cloud financial applications are transforming the accounting and financial management market. We are pleased that the American Technology Awards judges recognized the outstanding benefits we deliver to our customers.”

“We had a lot of nominations for these prestigious awards, and we congratulate Intacct for rising to the finalist ranks,” said David C. Thomas, TechAmerica’s executive vice president, commercial development. “TechAmerica Foundation is excited to highlight Intacct, as it continues to influence technology development throughout the rest of the world.”

For details on the Terman Awards, please visit www.techamericafoundation.org/thetermans. For additional information on Intacct’s award-winning cloud financial management and accounting applications, please visit http://us.intacct.com/pr/products.

About TechAmerica Foundation
TechAmerica Foundation educates industry executives, policy makers and opinion leaders on the promise of technological innovation to advance prosperity, security and the general welfare. Launched in 2009, the foundation is a 501c(3) non-profit, non-partisan affiliate of TechAmerica, the leading voice and resource for the U.S. technology industry. It disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. The foundation also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the foundation’s findings. Learn more about TechAmerica Foundation at www.techamericafoundation.org.

About Intacct
Intacct is the market and technology leader in web-based financial management and accounting applications for businesses and CPA firms. Bringing cloud computing to finance and accounting, Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by thousands of businesses from startups to public companies and are designed to improve company performance and make finance more productive. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing.

Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765.

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