TechWerks acquires FundVISION™ Software

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TechWerks, a leading developer of e-business solutions, has acquired the development rights, intellectual property rights and customer list for FundVISIONÂ? from Encore Business Solutions of Winnipeg, Manitoba, Canada. FundVISION is an enterprise-class fundraising management software used by not-for-profit organizations throughout North America.

TechWerks, a leading developer of e-business solutions, has acquired the development rights, intellectual property rights and customer list for FundVISION™ from Encore Business Solutions of Winnipeg, Manitoba, Canada. FundVISION is an enterprise-class fundraising management software used by not-for-profit organizations throughout North America.

TechWerks will integrate FundVision into its industry leading AGORA Management Series, a collection of industry-specific business solutions for managing memberships, subscriptions, events and training activities.

TechWerks is a certified Microsoft® Business Solutions provider. The AGORA Management Series integrates seamlessly with Microsoft® Great Plains® software. To date, more than 200 companies and organizations, including Wharton School of Business, KABC-TV and Burger King have deployed AGORA solutions.

TechWerks is a wholly owned subsidiary of Dynetech Corporation, a recognized leader in the direct marketing of high value business-to-business and consumer-focused products and professional training.

“TechWerks is excited about the FundVISION acquisition and how it will extend our already robust membership management suite to include fundraising and donor management,” said Damian Scott, president of TechWerks. “Membership organizations will receive significant advantage from deploying our comprehensive Microsoft CRM-based solution.”

The well-developed reporting capabilities of FundVISION allow managers to make timely and educated decisions while enabling not-for-profit organizations to maintain accurate records of contacts, donors, volunteers, gifts and receipts. With FundVISION, organizations can instantly view

the status of funds and campaigns using the software’s numerous and easily modified standard reports.

As of October 15, 2004, all sales inquiries, orders, support and customer questions will be handled by TechWerks. Sales and support of the product will continue uninterrupted. TechWerks will fully support FundVISION and is committed to continued development of the product after the acquisition, Scott said.

“This transaction is beneficial for both companies,” said Ken Chartrand, COO of Encore. “FundVISION will allow TechWerks the ability to offer an immediate solution to its current base of customers looking to add an automated fundraising management program. This will solidify Techwerk’s position among membership-based organizations as a leading supplier of software solutions.”

Chartrand added: “Encore is happy to have reached a mutual beneficial agreement with TechWerks. We are confident that FundVISION customers will receive top quality support and service from TechWerks.”

About TechWerks

TechWerks, a wholly owned subsidiary of Dynetech® Corporation, develops and manages e-commerce direct-to-market applications. In April 2004, Techwerks acquired Kairos Corporation, developer of The AGORA Management Series, a collection of industry-specific business solutions for managing memberships, subscriptions, events and training activities. AGORA's seamless integration with Microsoft Business Solutions CRM and Financials provides membership and subscription-based organizations, event management companies, training organizations and educational institutions with a 360-degree business solution that automates critical customer, sales, marketing, operations and accounting processes.

For more information about TechWerks, please visit http://www.techwerks.net.

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Marc Narine
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