Released on: August 15, 2008, 5:42 am

Press Release Author: Sageworks, Inc.

Industry:

Press Release Summary: Raleigh, NC - Sageworks Inc., the developer of ProfitCents,
announced today that Rick Richardson, president of Richardson Media & Technologies,
a multi-media and strategic technology consulting company, has been named to the
company's CPA Advisory Board.

Press Release Body: Raleigh, NC - Sageworks Inc., the developer of ProfitCents,
announced today that Rick Richardson, president of Richardson Media & Technologies,
a multi-media and strategic technology consulting company, has been named to the
company's CPA Advisory Board. Members of the advisory board serve as external
advisors to the management team and the company's board of directors to help
identify, launch and develop improvements to current products as well as provide
strategic direction to new ventures. Sageworks currently has 7,500 accounting firm
clients who subscribe to the ProfitCents suite of patented financial analysis tools.


Richardson brings particular expertise in accounting technology to the Advisory
Board. His own business, Richardson Media & Technologies, was founded as a company
focused on the creative and cost-effective planning and use of current and future
technologies. Prior to forming this business, Rick had a 28-year career in
technology with Ernst & Young, the last twelve years of which he served as National
Director of Technology. He has been named to the "Technology 100" - the annual
honors list of the 100 key achievers in technology in America, and honored by the
American Institute of CPAs with a lifetime achievement award for his contributions
to the profession in the field of technology.

Mr. Richardson is a sought after speaker around the world, providing his annual
forecast of future technology trends to thousands of business executives,
professionals, community leaders, educators, and students.

The CPA Advisory Board is intended to promote the overall quality and effectiveness
of Sageworks solutions for the company's CPA clients. "As our CPA Advisory Board
gains momentum and provides invaluable insight into the needs of the accounting
market, we look forward to improving our current technology and developing new
technologies that enable accountants to work seamlessly and efficiently" says Brian
Hamilton, Chief Executive Officer of Sageworks, Inc.

About Sageworks, Inc.

Sageworks is a financial services and information company based in Raleigh, North
Carolina. Recently named to the Inc. 500's list of fastest growing privately held
companies in the United States, Sageworks is the developer of FIND (Financial
Information into Narrative Data), a patented artificial intelligence technology that
converts financial numbers into plain-language. Sageworks has licensed its core
technology to thousands of accounting firms, financial institutions, and information
providers.

For more information on Sageworks, please visit their corporate website at
http://www.sageworksinc.com and product website at http://www.profitcents.com

Web Site: http://www.profitcents.com

Contact Details: 5565 Centerview Drive, Suite 201
Raleigh, NC 27606
866-603-7029