June 17, 2005 — SYSPRO, a leading producer of enterprise software, has announced that the company was named “ISV of the Year” at the VAR Business 500 Awards held June 14, 2005 at the Rainbow Room at New York City. Honoring the most powerful and accomplished solution providers in North America, the fifth annual VAR Business 500 Awards event unfurled to overcapacity crowds in the legendary NYC venue. The awards ceremony featured keynote guest speaker former New York City Mayor Rudy Giuliani.

SYSPRO was one of 17 solution providers recognized for outstanding achievements in 2004, such as revenue growth, strong profitability, technology innovation and vertical expertise. SYSPRO was selected “Independent Software Vendor of the Year” based on its “stellar software business.” In May 2005, VAR Business included SYSPRO Forecasting (“One of the first software companies to offer an accurate forecasting tool as part of its core ERP product”) and SYSPRO 6.0 Issue 9 (“Expanded manufacturing, accounting, distribution and Web applications for the company’s flagship software offering”) among its “Top 100 Midmarket Solutions.”

Brian Stein, SYSPRO USA CEO, who was present to accept the ISV of the Year Award, said he looks upon the honor as bestowed on the entire SYSPRO team, including the company’s reseller network, which works so diligently to provide the SMB market with technologically innovative and highly affordable software solutions.

Said Joey Benadretti, SYSPRO USA President, of the award, “This huge honor reflects the tenacity that SYSPRO embodies in its drive for excellence. This award is exemplary of another defining moment in our company history and is a real tribute to all SYSPRO personnel, both here in the USA and abroad, as well as to all those in our channel and customer base that have made this possible. It is an exceptional moment and is indicative of our performance and commitment to the reseller channel. SYSPRO was recognized for its stellar software business, which is something that has mainly resulted because of an ecosystem that is full of commitment and passion.”

Sponsors of the VAR Business 500 Awards included IBM, Symantec, Samsung, APC, Avnet, Oki Data, Novell, Sun, Toshiba and Business Objects.