170 Systems Unveils Next Major Release of 170 MarkView® Financial Suite for mySAP™ ERP Financials

Part of Company's Gathering Momentum in SAP Marketplace

Bedford, Mass., March 6, 2007 - 170 Systems today announced the next major release of its flagship product, the 170 MarkView Financial Suite, for use with mySAP™ ERP Financials. The 170 MarkView Financial Suite is used by many of the world's largest companies to automate and optimize financial processes and includes solutions for accounts payable, expense management, e-invoicing and others.

SAP AG-certified with both Netweaver™ and ArchiveLink™ in its initial 2006 release, the 170 MarkView Financial Suite has been chosen by a number of organizations, including UK-based Xansa (see separate release) and one of the largest global accounting firms. Typically, organizations with large transaction volumes and large numbers of mobile employees derive the most value from 170 MarkView solutions in their procure-to-pay, order-to-cash and expense-management processes.

“Our recent and significant wins in the SAP marketplace are a clear demonstration of customers’ need for our solutions, both in the US and in the EU,” said Dave Ellenberger, President and CEO of 170 Systems. “This new release amplifies our commitment to enabling our customers to achieve financial process excellence – regardless of which major ERP system they’ve invested in.”

New solutions and features in this release include:

170 MarkView OCR Invoice which integrates optical character recognition (OCR) technology into the invoice-entry process, eliminating manual data entry and increasing data accuracy. 170 MarkView OCR Invoice's knowledgebase and learn-by-example capabilities result in much lower OCR implementation and maintenance costs than template-based OCR systems.
Web-based account coding enables line-of-business managers to participate in the invoice-coding/approval process without having to learn how to use SAP. Unlike other solutions, business participants use a browser-based interface to enter General Ledger codes for non-P.O. invoices and SAP validates them against the SAP Chart of Accounts. This process ensures that only valid account code combinations are captured and increases AP efficiency by having the proper the information directly.
Advanced Business Controls helps strengthen internal controls by enforcing segregation of duties for each transaction, identifying potential policy violations, payment errors, system misuse and fraud, and routing questionable transactions for executive review and disposition to minimize risk without sacrificing productivity or cost.
170 MarkView for Expense Management optimizes the expense management process, reducing the burden on AP, approving managers, and expense report users. Fully integrated with the ERP expenses application, 170 MarkView for Expense Management eliminates the need to route paper receipts through the organization and increases productivity for all involved in the process, ensures more accurate expense report reimbursement, reduces reimbursement cycle times, and enforces greater compliance with corporate expense policies.

About 170 Systems:
170 Systems is the proven leader in software solutions that manage and optimize financial processes for the world's largest companies. With over 40 percent of its customers in the Global 2000, 170 Systems' software embeds best practices in the end-to-end automation of financial processes, including Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger, Project Re-Billing and Human Resources. The result is an unmatched solution that ensures cost-effective and timely management of all transactions via a consistent process so that finance organizations can reduce operating costs, strengthen internal controls, improve service levels and optimize discounts. 170 MarkView, the company's flagship product suite, is tightly integrated with leading ERP systems, including Oracle E-Business Suite, mySAP ERP Financials, and PeopleSoft Enterprise Applications, and is operational in more than 40 countries worldwide.

For more information about 170 Systems, please call 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit http://www.170systems.com.

Trademarks
170 Systems and 170 MarkView are trademarks of 170 Systems, Inc.