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Flagship Technologies, Inc. -- February 26, 2001 -- For immediate release.

Flagship Technologies Drops Support for Quicken...

MADISON, MO -- Flagship Technologies, Inc. has announced that, as of today, it is suspending development of products which support Intuit's Quicken accounting software.

Company president Mark Wilsdorf said Flagship is suspending development of Quicken-related products so that the company can focus all of its development efforts on QuickBooks-related products. Reasons cited for the change of product focus include soft demand for Quicken-related products in agriculture, growing demand for QuickBooks-related products, and technological changes that will allow even better 3rd-party support for QuickBooks in the near future.

ManagePLUS for Quicken is currently Flagship's only product which works with Quicken. Sales of the product will continue; however, in the future ManagePLUS for Quicken will not be updated to work with new Quicken versions. The product is compatible with Quicken versions 5, 6, 98, 99, and 2000.

Wilsdorf noted that this announcement does not affect the company's ManagePLUS for QuickBooks product, which will continue to be updated and enhanced to work with new versions of QuickBooks. Further, Wilsdorf said to expect announcements about new QuickBooks products over the coming months.

About Flagship Technologies

Flagship Technologies, Inc., is located at Madison, Missouri. The company's primary focus is on developing and marketing agricultural software products, including ManagePLUS for QuickBooks™ and ManagePLUS for Quicken™, farm accounting add-ons for QuickBooks and Quicken, as well as other software products and training materials. The company can be contacted by these means:

Postal address: Flagship Technologies, Inc.
14976 Monroe Rd. 1039
Madison, MO 65263
World Wide Web: http://www.goflagship.com
Email: sales@goflagship.com (sales information)
(other information)
(technical support)
Telephone: 660-291-3000 (sales and order questions only)

ManagePLUS is a trademark of Flagship Technologies, Inc. QuickBooks and Quicken are registered trademarks of Intuit.

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