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Chronicle Confirms Involvement with the New Intuit Power Launch Program for QuickBooks 2003 and First Developer Conference

MOUNTAIN VIEW, Calif. - July 24, 2002 - Chronicle Software is pleased to confirm its participation in the Intuit Developer Conference, themed "How to make it big with small business." The collaborative forum for developers will be held on November 13-14 at the Hyatt Regency San Francisco Airport, Burlingame, Calif. Keynote speakers are expected to include Pierre Omidyar, founder and chairman of eBay; David Farina, research principal and head of technology research at William Blair & Company; and Scott Cook, chairman of the executive committee at Intuit.

The announcement of the conference comes just as the Intuit Developer Network has reached two significant milestones: the QuickBooks software development kit (SDK) has been downloaded more than 50,000 times and has resulted in over 110 integrated applications, available to QuickBooks Pro and Premier 2002 users at the QuickBooks Solutions Marketplace.

"The QuickBooks Solutions Marketplace is the most significant source of qualified sales leads for our QuickBooks integrated products," says Steve Manchester, president of Chronicle Technologies Inc, a provider of business management systems for small and mid-sized service businesses. "As an Intuit Developer Network member, we were able to take advantage of the member resources to quickly develop and market our application to a pre-qualified user base. The integration levels that we have achieved between QuickBooks and Chronicle has allowed our customers to achieve margin improvements in excess of 15%. We look forward to even more success with QuickBooks 2003."

Intuit today also launched the QuickBooks 2003 Power Launch, a new program that gives developers the opportunity to be among the first to develop and market their applications for the launch of QuickBooks 2003 later this year. The program provides early access to the beta of Version 2.0 of the QuickBooks SDK. In addition, these select members will be invited to participate in QuickBooks 2003 Launch PR opportunities and to showcase their available applications during the fall developer conference.

"As part of the 'Right For My Business' strategy, Intuit has made the Developer Network a major priority, building an ever-increasing number of tools and programs available for the developer community to help them become even more successful," said Esther Kruijver, director of the Intuit Developer Network. "Together with developers, we provide small businesses with more choices for industry-specific and general business applications to help them run their businesses."

More About the Intuit Developer Conference
In addition to Version 2.0 of the QuickBooks SDK, Intuit expects to unveil additional SDKs that will support data integration with Intuit® Master BuilderT, QuickBooks Online Edition, and the Canadian version of QuickBooks. The two-day conference program will also include a hands-on open lab where developers can collaborate, share and write code; an exhibitor showcase; an SDK training seminar; and the opportunity to meet with Intuit executives and employees and network with other Intuit developers.

About Chronicle
Chronicle is specifically designed to support the information and business process needs of small to medium contractor services businesses. With Chronicle all functional elements of the business, from job costing and labor analysis to scheduling and accounts receivable are managed with one seamless application. With Chronicle the productivity of everyone in the organization, from the owner to the clerical and field staff, increases. The product is easy to use and cost savings begin to appear quickly after implementation as staff begin to benefit from the use of a Web based centralized database that contains all of the project, customer, subcontractor and related communications and documents files for every job, active or closed. Chronicle works seamlessly with many of the most popular accounting packages and other productivity tools, including QuickBooks Pro 2002 through 2004 , and integrates relevant data from these applications in a single database, which eliminates the time consuming tasks of searching for information in multiple places and entry of the same data multiple times.

CONTACT INFORMATION:
Chronicle Technologies, Inc.
Steven Manchester
8758 Hellman Avenue
Rancho Cucamonga, CA 91730
Tel: 866.247.6684
Fax: 909.980.1963
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