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SOFTRAX Announces Its 2013 Webcast Series Beginning With: “A Peek at the New Revenue Model”

Leading provider of software solutions for revenue management and enterprise billing launches quarterly webcast series aimed at sharing best practices and thought leadership

Canton, Mass. – April 1, 2013 – SOFTRAX, the leading provider of software solutions for revenue management and enterprise billing, today announces a new webcast, “A Peek at the New Revenue Model” as the first of its 2013 quarterly webcast series. This webcast will provide an overview of the new revenue recognition model resulting from IFRS convergence and how it will affect technology companies. The web event will be presented by Grant Thornton industry experts Lynne Triplett (Partner, National Professional Standards Group), Doug Reynolds (Partner, National Professional Standards Group), and David Lewandoski (Partner and New England Technology Practice Leader).

The live event will take place on Tuesday, April 16th, 2013 12:00 – 1:00 PM EDT.

A Peek at the New Revenue Model is specifically designed for technology industry executives needing to gain a deeper understanding of the recent changes in revenue guidance, the impacts of IFRS convergence, and the differences from the current U.S. GAAP. Complete attendance to this webcast qualifies for one CPE credit. Contact us at Info@Softrax.com for more information.

About SOFTRAX

SOFTRAX is a leading provider of revenue management and enterprise billing solutions that fundamentally change the way companies manage, report, and forecast their revenue and cash. SOFTRAX solutions automate the entire order to revenue and order to cash cycles, from contract and order management, billing and contract renewals, through revenue recognition, reporting, and forecasting. Corporations manage billions of dollars with SOFTRAX solutions to optimize their billing, maximize their revenue, reduce operating expenses, comply with revenue recognition regulations and Sarbanes-Oxley requirements, and gain unprecedented visibility into their business performance. SOFTRAX is pleased to have Goldman Sachs & Co. and ABRY Investment Partners as equity partners and investors in the company. SOFTRAX is headquartered in Canton, MA. More information can be found at www.SOFTRAX.com, and by calling 972.715.4028.

About Grant Thornton LLP

Grant Thornton LLP is the US member firm of Grant Thornton International Ltd. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity. In the United States, visit Grant Thornton LLP at www.GrantThornton.com.

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