UK software solutions provider Sage to move into APAC

Singapore, 8 March 2000 - Sage International today announced its plans to expand into the Asia Pacific (APAC) region.Over the next 6-9 months, the UK-quoted Sage Group expects to launch a range of web-based integrated business application targeted at small-to-medium enterprises (SMEs) and gain a major share in regional markets.

Singapore, 8 March 2000 - Sage International today announced its plans to expand into the Asia Pacific (APAC) region.

Over the next 6-9 months, the UK-quoted Sage Group expects to launch a range of web-based integrated business application targeted at small-to-medium enterprises (SMEs) and gain a major share in regional markets.

"E-commerce will be key to the development of our business in the region, and we are well-positioned to leverage rapid growth in e-business transactions," said Paul Bryne, executive vice president of international operations.

Sage will manage business in the region from Singapore, and made its first penetration into the APAC market with its acquisition of ERP solutions provider Tetra International last year for US$130 million.

Sage's flagship international product is the Sage CS/3, a business management tool which provides functionality for e-business, manufacturing, distribution, project accounting services and financial management.

Sage CS/3 is based on open architecture and works across multiple operating systems and databases. It is modular, scalable, multilingual and can be used with multiple currencies.