Press Releases

Hard Dollar and Dexter + Chaney Announce New Partnership

Integration Efforts to Result in Streamlined Exchange of Data Between Industry Leading Estimating and Accounting Applications

TEMPE, AZ - March 16, 2005 - Hard Dollar Corporation, the construction industry's leading provider of integrated estimating and job control software, and Dexter + Chaney, the #1-ranked provider of accounting applications to contractors, today announced a new partnership to enhance the level of integration between the company's flagship software products. The two firms will be engaging in joint development efforts that will result in a heightened level of integration between Hard Dollar BID*BUILD® estimating and job control software and Dexter + Chaney's FOREFRONT® construction management software.

The main objective of the partnership is to streamline the recurrent exchange of common data that is used in both applications, including budgets, employee and equipment lists and rates, timesheets, subcontractor and vendor data, and more.

“With many contractors now having successfully automated the key operational aspects of their businesses with best-in-class systems like Hard Dollar and Dexter + Chaney, there is now an overwhelming need for tighter integration across the construction enterprise to eliminate redundant effort and improve work flow efficiency,” said Alistair Johnson-Clague, Hard Dollar president and CEO. “Our customers tell us that integrating their various systems is the number one business problem they face, and this partnership addresses that problem head on.”

While various industry initiatives have been formed over the years with the objective of simplifying data exchange between disparate systems, none have emerged as universal standards, leaving contractors waiting for real solutions.

“As software providers to the industry, our job is to solve contractors' business problems by utilizing technology in new and innovative ways,” said John Chaney, co-founder of

Dexter + Chaney. “While customers using Hard Dollar and Dexter + Chaney software can presently share data through traditional import/export routines, there is tremendous value associated with making that exchange more dynamic, to operate as if the two systems were a single, unified application.”

“We are extremely excited about the potential of this partnership,” said Allen Andrews, vice president of Hunter Contracting, who is participating as an industry advisor in the integration project. “We are continually looking for new ways that technology can improve our profitability, and this integration will allow us to employ an integrated, all-electronic process - from field data collection through job status reporting - without sacrificing functionality at any step of the way. We anticipate dramatic efficiency gains.”

While the companies did not announce an expected timeframe for completion of the entire integration project, both firms expect results from the partnership to begin rolling out to customers as early as Summer 2005.

About Hard Dollar Corporation

Founded in 1989 by construction industry veterans, Hard Dollar Corporation is the world’s leading provider of integrated estimating and job control software for construction contractors. Hard Dollar BID*BUILD is a comprehensive suite of fully integrated software modules, designed specifically to manage the rigorous and ever-changing demands of construction projects in real-time to maximize profits. Hard Dollar BID*BUILD was named “Technology's Hottest” by Constructech magazine, the leading national publication on construction technology.

Hard Dollar systems are deployed today by thousands of users to manage billions of dollars worth of transportation, water and sewer, heavy civil, environmental remediation, power and industrial projects every month. For more information on the company or its products, visit www.harddollar.com.

About Dexter + Chaney

Dexter + Chaney's Forefront Construction Management Software includes 30 integrated modules that handle accounting, jobs, project management, human resources, document imaging, remote connectivity and data sharing. Companies that use Forefront report they have improved profitability and have grown their businesses more than 300 percent without adding accounting staff. For more information about Dexter + Chaney or Forefront, visit www.dexterchaney.com.

Contact:

Hard Dollar Corporation

Karen Hart
850-803-0302
KHMarketing@cox.net

Dexter + Chaney
Brad Mathews
206-364-1400
info@dexterchaney.com

Hard Dollar and BID*BUILD are trademarks of Hard Dollar Corporation. All other trademarks referenced herein are owned by their respective holders.

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