OBJACCT RELEASES MULTI-CURRENCY MODULE FOR ITS XML ACCOUNTING SERVER

Bowling Green, Ohio - (May 1, 2006) - ObjAcct, Inc. is pleased to announce the addition of multi-currency to its powerful OEM XML Accounting Server platform.  The new module, Currency Manager, allows companies to enter transactions in any currency and set up their system with any base currency.  A full complement of multi-currency reports is also provided.

“Our XML Accounting Server provides a complete “ready-to-integrate” accounting platform for SaaS/on demand Internet companies and OEM software companies that want to bundle and deploy world-class accounting functionality quickly”, said Lee Mellinger, CEO.  "And now they can offer their products world-wide! The XML web services architecture provides connectivity that is unmatched in the marketplace providing a secure, feature-rich, world-wide accessible interface."

ObjAcct, Inc. is a leading provider of XML accounting products for SaaS, on demand and OEM applications. More information regarding ObjAcct’s products can be found on their website: www.objacct.com.