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Lower-Cost Options Free IT From Software Maintenance Fees (Business Intelligence Pipeline)

As sales opportunities diminish, vendors are relying more on income from maintenance contracts to keep growing. With fees generally set between 17% and 22% of the original software license price, such expenses can exceed the original cost of a purchase in a few years.

VA Software Announces Third Consecutive Quarter of Profitability on 43% Annual Year-Over-Year Revenue Growth (Market Wire via Yahoo! Finance)

VA Software Corporation, the online media, software and e-commerce leader in community-driven Open Source innovation, today announced financial results for its fourth quarter and fiscal year ended July 31, 2006.

Sage Software Offers Nonprofit Organizations Secure Processing of Credit, Debit, and ACH Donations (Market Wire via Yahoo! Finance)

Sage Software today introduced new payment solutions offerings, which enable Sage MIP Fund Accounting and Sage Fundraising customers to take advantage of secure payment processing. The services are offered through Verus, a Sage Software company and leading provider of merchant services supporting organizations in processing transactions through credit cards, debit cards, and electronic checks.

Novel posts higher profit (CNN Money)

But shares fall after-hours as company launches probe into stock options. BOSTON (Reuters) -- Business software maker Novell Inc. posted a higher quarterly profit Tuesday and said it has begun an internal probe into previous stock options grants.

Financial Software Innovations, Inc. Announces New Features to FSITrack(R) (SYS-CON Media)

Financial Software Innovations, Inc. (FSI), a leader in unclaimed property software, today announced new features to the FSITrack(R) application, further aligning its product with holders' needs and the ever-changing environments of technology, state laws, and accounting practices.

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