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Falcon Technology Solutions and IBPI Sign Partnering Agreement

7 May, 2008

Falcon Technology Solutions and IBPI Sign Partnering Agreement

SAVAGE, MN (April 28, 2008) -- Falcon Technology Solutions announced today that they have signed a partnering agreement with IBPI for their new Soaring Business Management Software. The agreement guarantees IBPI’s membership (245 independent dealers) special licensing, implementation and conversion pricing over the term of the agreement.

Falcon Technology Solutions’ General Manager, Scott Lindsoe commented, “IBPI dealers have been a fantastic group to work with over the years with our Soaring Sales program. I think IBPI dealers are going to get really excited about our new Soaring Business Management program. Some of them have been influential in the products development, sharing with us over the years their frustrations with their current legacy programs and ancillary software required to run their business. With Soaring Business Management IBPI dealers will finally be able to work with one company that has a complete solution for their dealership.”

IBPI’s Executive Director, Randy Horshok commented, “A large percentage of our IBPI dealers are already customers of Falcon’s Soaring Sales program. This new agreement comes at a perfect time as with recent events, evaluating business software is a hot topic for our dealers right now. We have had a great relationship with Falcon since 2001 and we look forward to continuing the relationship for many years to come”

Key areas of the Soaring Business Management Software include: Purchase Ordering & Receiving, Accounts Payable & Cash Disbursements, Accounts Receivable & Cash Receipts, Equipment & Supply Billing, Contract Management & Billing, Automated Meter Collections, Service Billing & Automated Dispatch, Service Call Reporting, Financial Management & Reporting, Sales Tax Reporting with nationwide automated tax rate update service, Inventory Management & Control with embedded bar coding technology, Online Customer Interface for Supply Ordering, Service Call Placement & Meter Read Collections and Soaring Sales integration.

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