Tracker-Series Financial Ledger v4 Officially Released

Integration tool designed for the complete "bottom line" financial management of event fundraisers from one software application.

Everett, WA (May 31, 2011) - Northwest Software Technologies, Inc.r, the pioneering and leading developer of event fundraising management software designed specifically for non-profit organizations, announced today that it has released Financial Ledger v4, an application that is part of the Tracker-Series | Generation 3 application suite.

"Changes in our global economy over the past two years have taught all of us, at all levels of business, that we must account for every penny earned and spent.", commented Jack Wilson, Jr., President and Chief Executive Officer of Northwest Software Technologies, Inc.. "Financial Ledger v4 continues to bring an element of money management to our application suite not provided by other event fundraising products, managing expenses they don't want you to see. With Financial Ledger and the Tracker-Series suite, you have the opportunity to take event management to the next level, have tighter control over your hard-earned dollars and track the bottom line!

Any event fundraising software application can manage revenue earned. Auction-Tracker, for example, integrated with Financial Ledger v4 takes event management to the next level; providing complete financial analysis of your event expenses and revenue. The single-entry journal design makes transaction entry a snap. Real-Time integration provides up to the minute reporting of all revenue earned to Financial Ledger, leading to the generation of a full Statement of Profit and Loss for the event. Comparative analysis uncovers postive and negative trends within your events.

"Financial Ledger provides the perfect solution for event organizers who reconcile their auction accounts with their in-house business office.", stated Linda Sheppard, Director of Development Affairs for the Bear Creek School of Redmond, WA. "It is equally valuable when you want a quick look at expenses at any point during event preparations or for historical purposes. Data entry is quick and easy with options to track by vendor, outstanding accounts, or general ledger number."


About Northwest Software Technologiesr
Northwest Software Technologies, Inc. is the pioneering and leading provider of fundraising event software to the non-profit sector in the U.S. and Canada. More than 2,000 organizations - including the Cystic Fibrosis Foundation, Children's Hospital Guilds of Seattle, JDRF International (Canada), Boys and Girls Clubs of America, Holt International Children's Services, Junior Leagues, Kiwanis and Rotary International - worldwide use Tracker-Series applications to manage fundraising events. Northwest Software Technologies, Inc. offers four software applications for fundraising event management: A'Thon-Trackertm for sponsor-based pledge type events, Auction-Trackerr for fundraising benefit auctions, Banquet-Trackertm for fundraising banquets and Tournament-Trackerr for benefit golf tournaments. Founded in 1985, Northwest Software Technologies, Inc. is headquartered in Everett, Washington with international distribution offices in Canada and Australia.

# # #