IdenTrust Compliant Certification

Paris - La Défense, February 20th, 2008 - XRT, the French developer of software packages covering the entire Financial Value Chain, today announced that its XRT Business Exchange 2008, a global platform for exchange and secure payment management, has achieved certification as IdenTrust Compliant, ensuring it meets the industry’s highest standard for security and trust assurance.

The certification builds on the successful partnership launched in October between XRT and IdenTrust, the global leader in trusted identity solutions. XRT becomes one of the first independent European software vendors to obtain this certification. IdenTrust Complaint certification is awarded to products and technologies that comply with the IdenTrust Rule Set, ensuring that partner solutions meet real business needs for strong authentication compliance and securing identities against fraud. IdenTrust solutions are valid, binding and enforceable in more than 175 countries.

The 2008 XRT Business Exchange version provides a reinforced security level and includes a new module for an international, multi-bank standard signature which complements the new features linked to SEPA.

"The increasing number of exchanges between companies and their trading partners creates a growing need for comprehensive identity management and electronic signatures solutions,” José Texeira, Senior Product Manager at XRT explains. “We had to provide our clients with a trustworthy and adapted solution. We chose IdenTrust based on its renowned and global infrastructure. It is the partner that can offer the high level of trust that corporations and large international groups require."

“The treasury function is evolving rapidly to support new business opportunities and comply with regulations that mandate detailed accountability tracking,” said Andre Klein, Chief Marketing Officer at IdenTrust. “IdenTrust and XRT are working together to meet this emerging need. XRT Business Exchange, which is now IdenTrust Compliant, provides comprehensive identity tracking, which reduces risk and facilitates compliance for corporations using it. As important, IdenTrust certificates used in XRT Business Exchange transactions are interoperable, non-repudiable and valid in more than 175 countries to facilitate trusted global commerce.”

About XRT Business Exchange

XRT Business Exchange is a secured universal exchange platform to enter, transfer, validate, route, convert and share financial information. It covers the needs of corporations that wish to build payment and collection factories, and banks wishing to provide additional electronic channels for their customers.

XRT Business Exchange is an innovative and evolutive solution offering control and security procedures, in compliance with Sarbanes Oxley and new international recommendations. Through its certification IdenTrust Compliant, it ensures a high security level which is crucial for large international companies.

XRT Business Exchange is SAP R/3 certified and interfaces with major ERP solutions. It includes the major international protocols as well as the FIN and FileAct connectors for SWIFTNET developed in partnership with Swift.

About XRT

With 25 years of expertise, XRT creates innovative treasury management software used by 6,000 enterprises in 55 countries.
XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication.
In 2006, XRT generated EUR 32.7 million in revenue and was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine.

About IdenTrust

IdenTrust is a leader in trusted identity solutions, recognized by financial institutions, government agencies and businesses around the world. IdenTrust enables organizations to effectively manage the risks associated with identity authentication. The only bank-developed identity authentication system, IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities worldwide. The IdenTrust Trust Infrastructure is predicated on a proprietary framework that combines policies, legal framework, trusted operations and technology (P.L.O.T.) to create a comprehensive environment for issuing trusted identities. IdenTrust is the only company to provide a solution incorporating all four of these elements. Customer agreements are valid, binding and enforceable in more than 175 countries. IdenTrust identities are globally interoperable under uniform private contracts recognized in countries around the world. Additionally, the IdenTrust Trust Infrastructure maintains the privacy of each and every transaction processed by reading only digital certificate information, not the message itself. For more information, visit http://www.identrust.com.

Provides XRT Customers with Powerful and Internationally Recognized Authentication Solutions to Reduce Risk and Streamline Global Commerce

Boston, MA – Sibos 2007 – October 1, 2007 – IdenTrust, Inc., a leader in trusted identity solutions, today announced a partnership with XRT, which provides treasury management solutions that cover the financial value chain. This partnership is based on XRT Business Exchange, a Web-enabled solution that securely and dynamically exchanges financial data between a company's information systems and its banking and trading partners. XRT is enabling its customers to use IdenTrust certificates, delivering new levels of flexibility and trusted electronic communications to its corporate customers.

Starting in October 2007, XRT customers using XRT Business Exchange, which is designed for large and international groups, can leverage IdenTrust certificates to gain non-repudiation and liability limitation assurance, which is critical for corporate customers to minimize their exposure to risk. Additionally, IdenTrust’s solutions help corporate users to create legally-compliant audit trails that include e-mail communications and attachments for specific applications. IdenTrust certificates will help to raise the level of trust assurance while simplifying authentication among participating XRT bank customers and automating many treasury workstation processes.

“Global-scale treasury management requires an added level of trusted communications with vetted customers, partners and suppliers,” said Jean Beaufort, General Manager for XRT. “XRT plays an integral role in streamlining international transactions, and we have built our success by providing innovative solutions that help our global customers manage complex transactions easily and reliably. Our partnership with IdenTrust extends this commitment by delivering powerful new capabilities that validate and audit transactions across the globe, without incurring additional complexity.”

For corporations, opening and maintaining bank accounts across multiple financial institutions and multiple currencies is cumbersome, time consuming and costly. Corporate treasury departments must use manual processes with their banks to change the signatories and delegation authority on multiple bank accounts. Variations in regulations across borders and the challenges of coordinating employees in multiple locations responsible for these actions add further complexity to the corporate treasury function. Using an IdenTrust bank-issued digital certificate – which is accepted across all member financial institutions and complies with TWIST standards – simplifies and accelerates treasury management. IdenTrust provides a legally interoperable infrastructure for authenticating and validating identities worldwide.

“Trusted, verified electronic commerce and communications underpin growth in today’s global business economy,” said Andrea Klein, Chief Marketing Officer for IdenTrust, Inc. “We look forward to working closely with XRT to deliver identity authentication solutions that seamlessly support international commerce and are legally recognized across the globe.”

About XRT
With more than 20 years of expertise, XRT creates innovative treasury management solutions that are used by more than 6,000 enterprises in 55 countries. XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication. XRT Business Exchange is a secured universal exchange platform to enter, transfer, validate, route, convert and share financial information, and offers control and security procedures in compliance with Sarbanes-Oxley and new international recommendations. XRT was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine. Eurolist Paris Section C, ISIN: FR0000054587. XRT is a subsidiary of SAGE group. For more information: www.xrt.com

About IdenTrust
IdenTrust is a leader in trusted identity solutions, recognized by financial institutions, government agencies and businesses around the world. IdenTrust enables organizations to effectively manage the risks associated with identity authentication. The only bank-developed identity authentication system, IdenTrust provides a legally and technologically interoperable environment for authenticating and using identities worldwide. The IdenTrust Trust Infrastructure is predicated on a proprietary framework that combines policies, legal framework, trusted operations and technology (P.L.O.T.) to create a comprehensive environment for issuing trusted identities. IdenTrust is the only company to provide a solution incorporating all four of these elements. Customer agreements are valid, binding and enforceable in more than 175 countries. IdenTrust identities are globally interoperable under uniform private contracts recognized in countries around the world. Additionally, the IdenTrust Trust Infrastructure maintains the privacy of each and every transaction processed by reading only digital certificate information, not the message itself. For more information, visit http://www.identrust.com.

PR Contact IdenTrust
Mary Tobin
O’Keeffe & Company
503-658-7396
mtobin@okco.com

PR Contact XRT
Les Lutins d'la Com
Véronique PIGOT
Tél. : 01 46 49 18 20
email : veroniquep@leslutins.fr

Appointment of an independent expert

Paris, 20 September 2007

According to the provisions of article 261-1 of the Autorité des marchés financiers’ general regulations, the supervisory board of XRT, during its meeting held on 13 September 2007, appointed cabinet CDL, represented by Mr. Dominique Ledouble as an independent expert responsible for preparing a fairness opinion regarding the terms of the simplified public offer filed by Sage Overseas Limited on 17 September 2007 following the acquisition by it of 26.437.870 XRT shares, representing 69,57 % of the share capital and 69,36% of the voting rights of XRT. XRT’s note in response shall be filed with the Autorité des marchés financiers after the delivery of the independent expert’s fairness opinion, expected at the beginning of October.

Sage to acquire a majority shareholding in French cash management software company, XRT.

The Sage Group plc (“Sage”) has entered into an agreement for the acquisition of approximately 70% of the share capital of XRT, listed on Euronext Paris. XRT is a leading supplier of cash management software in France, Europe and Latin America. Sage will purchase the shares for a price of 1.67 Euros per share. The price consideration for these shares is approximately £29.7m, to be paid in cash.  The transaction is not subject to any condition and should be completed within the next days.

As a result of this transaction, and as required by French stock market regulations, Sage will make an offer to XRT shareholders to acquire all remaining outstanding shares. 

With 6,000 customers, XRT is a leading provider of Cash Management and payment software for medium-sized businesses and occupies leading positions on the French, Spanish and Portuguese markets. XRT’s revenues for the year ended 31 December 2006 were £22.0 million*
Paul Walker, Sage Chief Executive, comments, “The acquisition of a controlling interest in XRT represents a further extension of our range of specialized business management software. XRT’s advanced mid-market solutions for the cash management sector complement our existing Concept business, acquired in 2003.”

*Financial information as reported in XRT 2006 company report; translated on the basis of £1 = 1.4874 Euro.

Paris-La Défense, July 17, 2007 – XRT General Shareholders' Meeting dated June 22, 2007 decided the payment to the XRT shareholders of a €0.13 dividend per share paid out from the 2006 result, a €0.22 dividend per share paid out from the reserves and share premium and an amount of €0.39 per share as a result of a share capital decrease by way of reduction of the share nominal value.

XRT Executive Board (“directoire”) acknowledged on the date hereof that the conditions precedent of the share capital decrease were met and decided to pay on July 19, 2007 the above mentioned amounts to all XRT shareholders whose shares are registered on the Compartiment C of Eurolist by Euronext on July 18, 2007 (close of business).

About XRT: Eurolist Paris Section C, ISIN: FR0000054587

Software developer XRT has, for more than 20 years, conceived innovative solutions for management of the Financial Value Chain.

XRT’s solution, used by 6,000 companies including 500 large corporations in 55 countries, allows a more effective management of the whole Financial Value Chain; an optimization of the requirement in working capital such as management of cash flows and liquidities; foreign exchange and rate risks; receivables management and collection; centralization and automation of payments and communication with banks.

In 2006, the 275 XRT employees generated a turnover amounting to €32.7 million .

XRT was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine.

Paris, La Défense, May 2nd, 2007: XRT, the financial software supplier covering the entire Financial Value Chain (FVC), announces its Microsoft Certification (Gold Certified Partner) obtained for the third consecutive year. The Gold certification represents the highest degree of expertise based on Microsoft technologies and shows XRT’s will to develop its technical expertise by collaborating with a first choice partner.

This certification concerns the whole range of XRT Universe, for a complete management of the Financial Value Chain (FVCM); of XRT Business Exchange, for the centralization of payments/disbursements and the bank communication of international groups; and of XRT ASP, the Saas offer (Software as a Service). With the confirmation of its status as a Gold Certified Partner, XRT emphasizes its close collaboration with Microsoft and proves to its clients that the group commits itself to developing products based on innovative technologies which meet the market's standards.

According to Jean BEAUFORT, XRT’s CEO: "For our clients, the certification is a guarantee: when implementing our products, they know that these products are compatible with their infrastructure and that they offer all the advantages linked to the Microsoft technology such as extensibility and security."

He concludes: "Our status as Gold Certified embodies XRT’s strategy which aims at developing and offering cutting-edge solutions to manage the Financial Value Chain. This status enables us to access the most recent versions of tools and to ensure conformity and compatibility at every stage of our products development."

About XRT
Eurolist Paris Section C, ISIN: FR0000054587
With more than 20 years of expertise, XRT creates innovative treasury management solutions that are used by more than 6,000 enterprises in 55 countries.
XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication.
In 2006, XRT generated EUR 32.7 million in revenue with a staff of 300. XRT was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine.
For more information: www.xrt.com

Press contact:
Véronique PIGOT
Les Lutins d’la Com
Tel.: (33) 1 46 49 18 20
email : veroniquep@leslutins.fr
www.leslutins.fr

Paris - La Défense, April 26th, 2007 – For the 1st quarter of 2007, XRT recorded a consolidated revenue of 6.9 M€ which corresponds to a 3.6% decrease compared with the 1st quarter of 2006.

At constant scope and exchange rates, the revenue decreased by 4.2%.

- The revenue generated for the license sales increased by 22%,
- The decrease in maintenance comes mainly from Germany and Benelux,
- The decrease in services (-22.3%) is due to the small level of license sales in 2006.

0.74€ per share

For its general needs and investments, XRT has a surplus in Cash. The Board will propose at the Shareholders’ Meeting, on June 22nd to reduce Cash by 27M€ through the following actions:

- distribution of dividends, reserves and paid-in capital: 0.35 € per share

- reduction in par value: 0.39 € per share

This decision will provide the company with enough cash for its operation and investments.

In this framework, the right to exercise stock options and warrants will be suspended from May 14th, 2007 to June 22sd, 2007.

Expressions of interest

XRT is now firmly positioned on its core activities: Management, Electronic Banking, and Payments. It offers recent, complete and efficient software.

XRT wants to maintain this strong and steady development for which it has all human and financial resources, while maintaining a high level of investments in its products and service quality.

As some industrial operators expressed their interest to buy the company's capital, the Supervisory Committee decided to authorize the Executive Board to gather the required advisors to assess the potential strategic partnerships as a first and non-exclusive step. This assessment could bring about, or not, an operation on XRT capital. XRT will not comment on this process before its end or before a firm proposition is finalized.

Contacts

Paris - La Défense, 03.15.07 - XRT, the French developer of software packages covering the entire Financial Value Chain (FVC), announces today its consolidated revenue for 2006.

On January 25, 2007, TWS and Globe$ were sold as announced on October 21, 2006. The annual accounts for 2006 are now presented in compliance with the IFRS 5 IFRS 5 Relating to Assets Held for Sale

In 2006, XRT generated € 32.7 M of consolidated revenue from ordinary activities, with an operating income of € 2.6 M.

The current operating income has decreased compared with 2005 due to:
- a decrease in revenue from licenses (€ 2 M)
- a non-recurring reversal of reserve of € 0.4 M in 2005

The company acknowledges a loss in value of € 1 M related to XRT Enterprise ending which was, in the first place, aimed at consolidating Globe$ and TWS activities. So the operating revenue from ordinary activities including this non-recurring loss, amounts to € 1.6 M.

The group reported a consolidated net income of € 1.6 M, of which € 0.5 M concerning the activities to be sold.

The group’s cash, net of sold activities, amounts to € 17.2 M; the sale of these activities will add around € 11 M, of which € 9.2 M have already been received on January 25, 2007.

About XRT: Eurolist Paris Section C, ISIN: FR0000054587
With more than 20 years of expertise, XRT creates innovative treasury management solutions that are used by more than 6,000 enterprises in 55 countries.
XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication.
In 2006, XRT generated EUR 32.7 million in revenue with a staff of 300. XRT was named the “Best Treasury Management Software” in 2005, 2006 and 2007 by Global Finance Magazine.

Contacts:
Corporate Finance
Tel + 33 1 46 92 60 34
Fax + 33 1 46 92 60 60
e-mail: investors@fr.xrt.com

Press office – Les Lutins d’la Com
Véronique PIGOT
Tel + 33 1 46 49 18 20
e-mail: veroniquep@leslutins.fr

XRT: Revenue for 2006 Fourth Quarter

Paris - La Défense, February 6, 2007 - XRT, the French developer of software packages covering the entire Financial Value Chain (FVC), announces today its consolidated revenue for the 4th quarter of 2006.
XRT generated a consolidated revenue of EUR 12.7 M for the 4th quarter, which represented a drop of 0.7% compared with 2005 4th quarter.
At constant scope and exchange rates, the revenue decreased by 1.7%.
The annual consolidated revenue stood at EUR 42.4 M for 2006, which represented a drop of 2.9%. At constant scope and exchange rates, the consolidated revenue decreased by 3.2% compared with 2005.
The revenues below cover the Group’s scope at December 31, 2006. Revenues of the businesses sold on January 25, 2007 are included; they represented EUR 9.9 M for 2006. The annual accounts for 2006 will be presented in March 2007 in compliance with the IFRS 5 standard.

Contacts:
Corporate Finance
Tel : 01 46 92 60 34
Fax : 01 46 92 60 60
e-mail : investors@xrt.com

Press office – Les Lutins d’la Com
Véronique PIGOT
Tel : 01 46 49 18 20
e-mail : veroniquep@leslutins.fr

On-Demand Service Complements XRT’s Traditional On-Premise Offerings, Expands Customer Access Options and Opens New Business Opportunities for XRT

SANTA CLARA, Calif., October 16, 2006 – OpSource, the SaaS experts, announced today that XRT, a leading provider of software solutions covering the entire Financial Value Chain (FVC), will be using its Optimal On-Demand offering to add, for the first time, Software as a Service (SaaS) as a delivery option for its customers. Going forward, XRT will deliver all of its software products, including Globe$, TWS Express and Business Exchange, on-demand and through a licensed software platform.

“We want to ensure that we offer a breadth of delivery mechanisms for our solutions, and partnering with OpSource, with its proven business model and solid reputation in the SaaS industry, is critical to that strategy,” said John Alarcon, general manager of North American operations at XRT. “Our existing customers have shown great enthusiasm for the idea of a reliable on-demand software option. We anticipate that by allowing customers the additional choice of accessing the power of our solutions as a service through Optimal On-Demand, it will open new opportunities for us as well.”

OpSource’s Optimal On-Demand provides a turnkey, scalable service delivery solution for software and service companies that allows them to leverage the SaaS delivery model without making the significant capital and operational investments. Optimal On-Demand includes all of the hardware and network infrastructure, managed services, application management and 24x7 call center operations under the customer’s brand with a 100% uptime guarantee. The entire infrastructure is built on OpSource’s patent-pending technology platform, the OptiTech Services Engine, which supports rapid integration, deployment, and monitoring of on-demand offerings. OpSource utilizes a Success-Based Pricing model for delivering Optimal On-Demand that aligns increasing customer revenue with delivery cost, thereby insuring that our success is determined by our customer’s success.

“XRT is focused on delivering the greatest possible value to its customers in the financial marketplace,” said Treb Ryan, chief executive officer at OpSource. “By choosing Optimal On-Demand to augment their traditional service delivery, XRT will deliver additional value to their customers, move even closer to their customers through the real-time feedback advantage of SaaS delivery, and potentially discover new business opportunities.”

About XRT Software solutions at the heart of your Financial Value Chain Section C of Eurolist Paris, ISIN Code: FR0000054587 With more than 20 years of expertise, XRT creates innovative treasury management solutions that are used by more than 7,000 enterprises in 55 countries. XRT solutions have a value–centered approach to working capital management and cover all areas of the financial value chain: cash flow, liquidity, risk, collections, payments and financial communication. In 2005, XRT generated $54.8 million in revenue with a staff of 400. XRT was named the “Best Treasury Management Software” for 2005 and 2006 by Global Finance Magazine. For more information, please visit: www.xrt.com.

About OpSource OpSourcetm, the SaaS experts, is focused on providing the operational infrastructure and ongoing services that enable software companies, On-Demand businesses, and web applications providers to deliver and maintain the highest quality web-based solutions. By choosing OpSource as a SaaS partner, OpSource customers are freed from infrastructure management and can focus on improving applications and acquiring new customers. OpSource's Optimal On-Demandsm infrastructure enables businesses to deploy SaaS and web-based applications quickly, cost effectively, securely, and with high quality standards. Companies at any stage in the application lifecycle, delivering any type of application, can benefit from our comprehensive services and expertise. OpSource is the only company to offer Success-Based Pricingsm, a unit-based pricing model, that allows businesses to begin with a modest minimum commitment, and their expenses scale only when their revenue increases. For more information about OpSource, visit www.opsource.net.

OpSource and the OpSource logo are trademarks of OpSource, Inc. Optimal On-Demand, Success-Based Pricing, and OptiTech Services Engine are service marks of OpSource, Inc. All other trademarks and company names mentioned are protected by their respective owners.