Released on: July 15, 2008, 6:08 am

Press Release Author: 10 Yetis Public Relations Agency

Industry: Management

Press Release Summary: Accounting software company KashFlow is planning a double
celebration this week having won two prestigious business awards in the categories
of "Growing Business of the Year" and the Managing Director winning "Young
Entrepreneur of the Year".

Press Release Body: UK based accounting software company KashFlow is celebrating
this week having scooped top honours in not one but two award category's in the 2008
Basildon District Business Awards.

Pitsea based KashFlow won top spot for the "Growing Business of the Year", beating
off competition from the likes of a website design company and a manufacturing
business, along with the Managing Director of KashFlow, Duane Jackson, winning the
coveted title of "Young Entrepreneur of the Year" Award.

The awards ceremony was a black-tie event that took place at Towngate Theatre in
Basildon on Friday 11th July 2008. Chairing the panel of judges was Lloyds TSB's
Information Architect and local Conservative Councillor and Cabinet Member for
Regeneration, Steve Horgan, a trained electronic engineer who has worked for
large-scale IT companies for over 22 years.

Speaking about KashFlow's achievement of winning the Growing Business of the Year
Award, Managing Director, Duane Jackson said,

"The award win is testament to the fact that we have a very hard working and skilled
team who are as passionate as I am about growing the business in a way that is not
only sustainable but will also enable us to maintain the high levels of customer
support and product innovation that we have become famous for within the accounting
software arena".

Speaking about his personal achievement of winning the Young Entrepreneur of the
Year award Duane Jackson continued,

"I am truly honoured to have won this much coveted award especially considering the
high level of competition. Anyone who spoke to any other of the finalists for this
award would have been impressed by the entrepreneurial talent that we have in the
local business community and this speaks volumes about why there are so many
successful companies in our region."

Simon Hughes, Manager of Basildon Renaissance and one of the judges for the Young
Entrepreneur category commented,

"Duane is a true entrepreneur in every sense of the word and has been committed to
making a success of himself and his company.
Duane started off with web development and soon spotted a major gap in the market,
which he took with both hands and has made a major success of. He has gained the
right investors, employed the right staff, and puts his customers at the core of his
business, helping him to produce a remarkable piece of software for SME's that is
valuable to them and profitable for him.
He runs a well-managed and organised company, and is a deserving winner of the 2008
Young Entrepreneur Award. Congratulations to Duane and the rest of his company on
both awards."

The Growing Business of the Year Award was sponsored by English Partnerships and the
Young Entrepreneur of the Year Award was sponsored by Basildon Renaissance.

KashFlow launched its flagship product, an online tool specifically designed to help
owner-managers in small businesses manage their accounts, in mid 2005. Since that
time it has quickly won a significant share of the valuable accounting software
market along with launching a new direct-to-accountant division in late 2006.

In late 2007 KashFlow won a Business Software Satisfaction Award, judged entirely by
customer feedback, for the category of web-based accounting, beating the likes of
Sage and Netsuite.

The KashFlow accounting package is securely hosted online; requires no installation
and can be trialled for 60 days for free by visiting www.KashFlow.co.uk.

The site also displays examples of feedback from actual users.
www.KashFlow.co.uk

END


Web Site: http://www.kashflow.co.uk

Contact Details: Editors Notes

For further information or images to support this story, please contact Andy Barr,
10 Yetis Public Relations, 01452 348211, andy@10yetis.co.uk

In 2007 KashFlow won a Sift Media award, judged entirely by customer feedback, for
the category of web-based accounting beating the likes of Sage and Netsuite

In June 2008, KashFlow became the first accounting software package to be certified
by PayPal for integration with its payment platform. PayPal and KashFlow now work in
partnership to provide a seamless, end-to-end, payment processing and accounting
system

KashFlow has received two rounds of venture capital funding from Lord Young of
Graffham, former Secretary of State for Trade & Industry and ex Chairman of Cable
and Wireless

KashFlow is simple to operate, with users instinctively knowing where to click to
perform almost any accountancy task

KashFlow's development is unique from any other in that user feedback is the key
driver behind every new development and additional functionality

Owner managers are able to effectively manage their accounts with no need for
software training or prior knowledge of accountancy

KashFlow has been featured in the likes of the Financial Times, Daily Mail, The
Daily Telegraph, The Mail on Sunday and all the leading accounting titles.

Journalists can subscribe to a KashFlow press release and media announcement
newsfeed by visiting the following link and clicking the RSS feed icon;
http://www.kashflow.co.uk/pressroom.asp