Emphasys Software Acquires REALedger™ From MIS Consulting & Sales

Emphasys Software announced today that it has completed the acquisition of REALedger and all related assets from MIS Consulting & Sales, Inc. REALedger is a comprehensive real estate accounting software solution used by brokerages throughout the U.S.

Today, Emphasys Software (Emphasys) announced the completion of the acquisition of REALedger and all related assets from MIS Consulting & Sales, Inc. (MIS). REALedger, a comprehensive real estate accounting software solution, is used by brokerages throughout the United States.

"Emphasys is excited to welcome the REALedger clients to our real estate family. The tremendous growth of clients using our market-leading solution over the past four years to over 2,000 offices has been a validation of everything we have worked so hard on," said Mike Byrne, Emphasys Chief Executive Officer.

Kendra Kalimanis, President of MIS, stated, "I'm proud of the work we have done to help brokerages throughout the country meet their accounting software needs. I know that Emphasys will build upon our relationships and continue to serve our loyal customers well for many years to come. Adding the REALedger product to Emphasys' comprehensive solution provides an alternative for those who do not currently use QuickBooks® and provides a great long-term home for our product."

REALedger will continue to be supported by the same talented team of employees. Emphasys welcomes REALedger customers and employees to the Emphasys family.

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MIS Consulting & Sales, Inc. is a premier provider of Enterprise Resource Planning Software (ERP) which leverages an organization's capability to realize improved business performance. MIS offers multiple ERP solutions from Epicor and Sage. Headquartered in Portland, OR, MIS has been supporting clients throughout the United States, Canada, and other international locations since 1987. For more information on MIS Consulting & Sales, visit www.mis-c.com.