To: Lucre who wrote (97813 ) 9/20/1999 1:51:00 PM From: Lucre Read Replies (1) | Respond to of 119973
ELTE, there is fire in it's belly! Elite Teams With Wireless Verticals to Deliver Handheld Time Tracking and Billing LOS ANGELES--(BUSINESS WIRE)--Sept. 20, 1999-- Alliance offers professional services companies anytime/anywhere access via Palm/Handspring palmtops, Research In Motion Inter@ctive Pagers and other handhelds/smartphones Elite Information Group Inc. (Nasdaq:ELTE), a worldwide leader in practice and financial management systems for professional service firms, today formed a strategic and exclusive alliance with Wireless Verticals Inc., a software developer for PDAs and the handheld computing/smartphone market. The alliance will see Wireless Verticals' customers using time and billing capabilities from both Elite Information Systems and Elite.com. In the professional services marketplace, where properly recorded time translates to billable hours, professionals and consultants will benefit as they are now able to account for time-based activities, expenses and more, combined with powerful invoicing and billing capabilities from virtually any remote location. "This alliance is a result of witnessing the phenomenon of PDAs and handheld data devices, which many professionals such as lawyers, CPAs and consultants carry. These are the professionals who understand the importance of timely and accurate time recording and billing," said Chris Poole, Chief Executive Officer of Elite. "Together, we have truly forged a `we go wherever you go' model for professionals." Ensuring simple usage and complete compatibility, Wireless Verticals and Elite will work together to develop easy-to-use steps for data synchronization from PDAs, which is completed either via wireless transmission, PC transmission, or wireline services, depending on the user's preference. Once the data is received, it is integrated into the user's database and available for immediate usage. "Elite has tapped a segment of the fastest growing sector of our economy where we feel we can make a large impact," stated Keith Crozier, President of Wireless Verticals. "Elite's complete financial services capabilities complement our core services of wireless time entry. Jointly, Elite and Wireless Verticals will offer professional service firms a complete suite of professional financial management tools at their fingertips." About Wireless Verticals Wireless Verticals is the premier provider of time billing software for mobile devices such as handheld computers, Personal Digital Assistants (PDAs), and smartphones. Wireless Verticals' time billing software is especially tailored for synchronization with existing PC-based time billing software. Wireless Verticals has headquarters in Austin, Texas. About Elite Elite Information Systems Inc., a wholly owned subsidiary of Elite Information Group Inc., is an international provider of a comprehensive suite of financial and practice management products including integrated time and billing, general ledger and accounts payable, as well as consulting services to legal and professional service organizations of all sizes. Elite is currently utilized by more than half of the top 100 U.S. law firms, according to American Lawyer Media's published results in the AMLAW 100 Survey. Other professional services markets include accounting, consulting, public relations, financial services, actuarial, government, software, security, insurance, market research and systems integration. CONTACT: Elite Information Group Inc., Los Angeles Monty Lunn, 323/642-5200 mlunn@elite.com or Wireless Verticals Inc., Austin Keith Crozier, 512/751-6272 kcrozier@wirelessverticals.com KEYWORD: CALIFORNIA TEXAS BW0316 SEP 20,1999 10:27 PACIFIC 13:27 EASTERN