Sage U. S. Holdings, Inc. and Its Brands

Sage U.S. Holdings, Inc. is a wholly owned subsidiary of The Sage Group, plc., based in Newcastle-upon-Tyne, England. Known for acquiring and developing business niche market products, The Sage Group, plc. is the parent company for numerous software brands worldwide. Through its aggressive acquisition growth strategy Sage has grown to be the largest publisher of accounting software in the world. Based in Dallas, Texas, Sage U.S. Holdings, Inc. is home to approximately 200 employees.

Sage U.S. Holdings, Inc. offers three brands for the corporate/ enterprise market: TimeSheet Professional, the leading project-oriented time and activity tracking system for workgroups of any size; Carpe Diem Electronic Time Sheet, the leading service-oriented time and expense tracking system for large organizations; and TeleMagic Enterprise, a leader in customizable sales automation software. Sage U.S. also offers Timeslips, the industry's top-rated and best-selling time and billing program.

Purchased by Sage U.S. in 1997, Carpe Diem Electronic Time Sheet is the leading service-oriented time and expense tracking software package for large organizations and is one of two product lines in the new Sage U.S. Holdings, Inc. Time Tracking Products Division. Carpe Diem Electronic Time Sheet enables corporate users to create an accurate record of time and activities that can be posted into virtually any PC-, minicomputer- or mainframe-based database, activity based costing system, project management system or billing system.

With built in mobile functionality, Carpe Diem Electronic Time Sheet can support timekeepers in the field as well as in the corporate office. By replacing manual time keeping processes, Carpe Diem Electronic Time Sheet eliminates most of the inefficiencies of paper-based activity tracking systems. Besides providing significant financial benefits, Carpe Diem Electronic Time Sheet has won praise from users, dealers and consultants for its well designed user interface, which makes the software easy to learn and use.

First licensed in 1989, Carpe Diem Electronic Time Sheet is now client/server capable--supporting robust SQL engines such as InterBase, Microsoft SQL Server, Sybase, Oracle, and Informix--making it ideal for very large, geographically diverse organizations with sophisticated business and technical requirements. Carpe Diem Electronic Time Sheet extends to professional services and activity based management applications and is especially suited for large organizations in the law, accounting, insurance, finance and other industries.