Khameleon Software's Hosted Services Bring World-Class Applications Within Reach of Small Businesses

TAMPA Florida, November 02, 2007 - Khameleon Software, a leader in business applications, announced today a new set of hosting services, sized for small and midsize businesses (SMBs) that use project delivery and strong project accounting as a fundamental part of their business value.

The new hosting services make Khameleon's off-the-shelf project management and project accounting systems available to companies with as few as 25 users. The services are priced to put Khameleon's unique, comprehensive project delivery business logic and Oracle's industry-standard 10g technology within the reach of smaller businesses. A typical hosted configuration consists of five back-office users and twenty or more project and/or account managers. The suite encompasses roles in sales, purchasing, accounting, inventory and warehousing, service, management, and more.

"Companies that implement projects as a primary means of delivering their products or services have unique needs," said Douglas Angelone, Khameleon's president. "They start out small with very tight budgets, but they need top-notch tools to become profitable and grow. We created our new services to put our powerful products within their reach."

"For small companies, the cost of IT infrastructure can be enormous," Angelone continued. "SMBs need to leap-frog past investments in hardware technologies they can't afford to make. We're giving them a way to avoid that cost."

Users access the hosted web-based system via their laptops or personal computers and an internet connection. "Hosting lets companies concentrate on the business they're in and not on the technology that supports them," Angelone said.

The Khameleon hosting services are available immediately.

About Khameleon Software:
Khameleon Software provides fully integrated, web-based business applications to small and mid-size businesses (SMBs) that implement projects to deliver their products or services. Role-based workbenches keep people throughout the organization on the same page as they manage daily operations. Robust project accounting and embedded analytical tools provide performance insights for everyone - from sales and project managers to the CEO and CFO - supporting the strategic decisions that drive profitability and growth. For more information about Khameleon Software visit the website: www.Khameleonsoftware.com