Monexa Delivers Salesforce.com Integration - the Most Flexible Combination of Subscription Billing and Customer Relationship Management

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Monexa announces an integration solution between Monexa Billing and Salesforce.com available immediately on the Salesforce.com appexchange.

Monexa Solutions Inc. ("Monexa"), the leader in flexible subscription billing, announces an integration solution between Monexa Billing and Salesforce.com available immediately on the Salesforce.com appexchange. The integration provides Salesforce.com customers with the most flexible and customizable billing and subscriber management solution from Monexa and has been nominated for an innovationNext award at the iNext2010 conference hosted by Pervasive Software Inc.

"The capabilities afforded through this integration will allow our customers who use Salesforce.com to continue working in a system that they are already familiar with, while gaining the operational benefits of having closed sales automatically set up for billing and receiving valuable information back in to their Salesforce account records," states Kevin Lennox, Vice President, Sales at Monexa.

The Monexa Billing Salesforce integration will provide Salesforce.com customers with flexible functionality in enabling subscription management and billing capabilities from within Salesforce. This includes integration of pricing, orders, and support features to manage recurring subscription businesses. Customers may choose pre-packaged integration options or easily configure for specific or advanced needs.

The Monexa Salesforce.com integration will provide a seamless experience for Salesforce CRM users through the following:

  •     The integration will synchronize the Salesforce.com product catalog, meaning that Salesforce can be used for quoting and tracking the sales pipeline while leveraging the power of Monexa's product catalog management functions.
  •     Once a sale is confirmed through Salesforce, it is directly fed to Monexa Billing for onboarding automation and billing, creating a valuable automated billing system.
  •     Customer billing data (account payment status, receivable amounts, contract expiry etc.) is automatically fed from Monexa Billing to Salesforce.com so that users can be kept up to date and accurate on customer status.

The Monexa Billing Salesforce.com integration is powered by Pervasive Software Inc. Pervasive helps companies get the most out of their data investments through agile, embeddable software including on-premises and cloud-based services for data management, data integration, B2B exchange and analytics.

"Each year I'm inspired by the creativity, vision and business impact of the Pervasive partners and customers nominated for the Pervasive InnovatioNEXT awards. As a company committed to data innovation, our business is all about pushing the envelope with innovative technology, and it's great to see our customers and partners in turn pushing the envelope by applying and extending our technology to bring incredible business value to their organizations," states Mike Hoskins, CTO, Pervasive Software.

Monexa will be attending IntegrationNEXT, hosted by Pervasive in Austin, Texas November 1-3, 2010 and has been nominated for a Pervasive solution award for the Monexa Billing Salesforce.com solution.

About Monexa
Monexa pioneered the on-demand subscription billing space and has worked with hundreds of businesses to help monetize their services. Having the most capable and open subscription billing solution in the cloud, combined with proven billing industry expertise, sets Monexa apart from other service providers. Monexa's customers range in size from high growth SaaS and Cloud Infrastructure companies like Untangle and ActiveState to large household name companies like Pitney Bowes Business Insight, AOL Canada, Sprint, Amway and Bell Mobility. For more information about Monexa Billing and the ways Monexa can help you monetize your services visit http://www.monexa.com.

Non-Solicitation
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

Forward-Looking Statements
This news release contains forward-looking statements. Actual events or results may differ materially from those described in the forward-looking statements due to a number of risks and uncertainties, including changes in financial and product market conditions. Forward-looking statements are based on management's estimates, beliefs, and opinions. The Company assumes no obligation to update forward-looking statements, other than as may be required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

High resolution photos and interview opportunities available.

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John Jacobson
Monexa
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Sara Pereira
Monexa
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