July 30, 2007 (ROCKAWAY, NJ) - MYOB today announced the release of FirstEdge v3, their entry-level small business management and accounting software application for Mac OS X.

The release completes their move to Universal Mac products, with AccountEdge going Universal in late 2006 and AccountEdge Network Edition following in early 2007.

FirstEdge v3 sees the entry-level software line updated with over 20 feature enhancements including Address Book sync, improved budgeting tools, and enhanced reporting, among other changes.

"FirstEdge is a straightforward accounting package for Mac-based small businesses that have simple accounting needs," says Tom Nash, Managing Partner, MYOB US. "The latest version keeps the ease of use that our FirstEdge customers are accustomed to, while adding some key features, such as Address Book sync and retaining multiple years of transaction history, which our customer surveys have shown to be two of our most popular feature requests."

Along with the ability to sync contacts between FirstEdge and Mac OS X's Address Book, FirstEdge v3 comes packed with usability enhancements:

FirstEdge now Universal

Undo bank account reconciliation

New budgeting tools, including two years of budgeting

Enhanced reporting

Hold up to 7 years of transaction history

Combine accounts and combine contact cards

Improved auditing and financial control tools

Changes to credit card processing

Import enhancements

Recurring Transactions improvements

Full list of new features available in MYOB FirstEdge v3

"FirstEdge v3 is the last of our products to become a Universal application," says Todd Salkovitz, Product Manager - Mac Products, MYOB Limited. "Ensuring that all of our Mac offerings are Universal is just the first step for us in our efforts to strengthen our focus on the Mac. It puts our products in position to take advantage of the latest Mac OS technologies."

Availability

Available through Apple resellers, the MYOB website, and other online outlets and mail order catalogs, MYOB FirstEdge is priced at $99 for new users, and $79 for upgraders. For more information on FirstEdge v3, please visit MYOB's website, or call (800) 322-MYOB (6962).

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About MYOB US

MYOB US acts as exclusive US republisher of the award-winning MYOB small business accounting and management and Point of Sale software lines for Macintosh and Windows platforms (MYOB). MYOB US also offers a portfolio of business services that help small business owners to better serve the needs of their customers, their employees, and themselves.

MYOB and the MYOB logo are registered trademarks of MYOB Limited. AccountEdge and FirstEdge are registered trademarks of MYOB Technology Proprietary Limited. Other products mentioned may be trademarks or registered trademarks of their respective companies.

Contact:
Ed Sherry
973-586-2200 ext. 5928
ed.sherry@myob-us.com

MYOB and the MYOB logo are registered trademarks of MYOB Limited, Australia.