LONDON, April 28 /PRNewswire/ --

- Strengthens Focus on Quality Product Delivery Whilst Expanding Team to
Meet Demands of Increased Legislative Change

IRIS Accountancy Practice Solutions today announced that in the course of
the past twelve months it has doubled the size of its Development
organisation, strengthening its focus on product quality, whilst
significantly expanding resources to meet the demands of increasing
legislative change.

In line with a Group wide initiative to invest GBP20m in R&D during 2009,
IRIS Accountancy Practice Solutions (http://www.iris.co.uk/practice) has now 
brought together its Engineering teams from IRIS, PTP and Drummohr and has
concurrently delivered new releases of all three product lines for the new
tax year.

"Version 9.3 and the associated PTP & Drummohr releases together, were
our biggest release ever," said Phil Dawes, recently hired, Group Director of
Engineering. "We have radically increased the size of our Business Analyst,
Engineering and QA teams, to ensure that v10, which comes out in October,
incrementally includes a further 300% increase in Development effort."

"The last three years have seen unprecedented levels of legislative and
fiscal change; this is only set to increase in the years ahead. Through this
investment IRIS will ensure that it is well placed to keep its customers
compliant and well ahead of the competition. Changes to legislation mean that
the upcoming October release will include a redevelopment of the entire core
of our Company Secretarial module, to support the Companies Act
2006. Furthermore HMRC & Companies House mandation requires all CT-Comp and
Accounts filings to use iXBRL by April 2011, both are significant and complex
undertakings."

Phill Robinson, Managing Director for IRIS Accountancy Practice Solutions
commented "IRIS has been a leading supplier to the Accountancy market for 30
years and is now by far the largest third party provider of internet filing
returns to the HMRC. We take our commitment to each of our 14,000 practice
customers in this sector very seriously. By doubling the size of our
Development organisation and working closely with HMRC, we will ensure that
at a time of unprecedented legislative change, every one of our customers
remains compliant. Whilst doing that we maintain a passionate focus on
continuing to improve the quality of each release." He added: "At a time of
economic uncertainty, and particular turmoil in the Software industry, IRIS
customers can be confident in their choice of supplier and its ability to
continue to deliver world-class products to market."

About IRIS Accountancy Practice Solutions

With over 14,000 accountancy practices of all sizes and with over 40% of
the top 50 firms as clients, IRIS is the market leading provider of software
and services to UK accountancy firms. IRIS' objective is to provide the tools
and services to empower accountancy professionals, optimise operational
efficiency and enable the best chance of competitive advantage.

IRIS Practice Software is a fully integrated suite comprising compliance
modules for tax, final accounts, company secretarial and formations, plus
practice management including customer relationship management, document
management, time and fees, and workflow. In addition IRIS offers products
and services including outsourcing for accounting, HR and payroll as well as
expert tax consultancy.

There is also a comprehensive range of great value compliance products
and added value tools under the PTP software brand, renowned for excellent
customer service and essential basic tax tools are available from Drummohr.

With an unparalleled wealth of knowledge and experience of the practice
software market and a first class reputation for delivering the highest
standards of software and service, IRIS demonstrates consistent success in
the surveys conducted by the Institute of Chartered Accountants in England
and Wales (ICAEW) and has an outstanding customer retention rate of 97%.

IRIS Accountancy Practice Solutions is part of IRIS; one of the fastest
growing and now the largest privately owned software and services business in
the UK. It has revenues of cGBP120m p.a. and c1,200 employees servicing over
60,000 UK businesses from a national network of offices.