Sage Ireland acquires Coretime

Sage Ireland, the leading supplier of business management software solutions announces the acquisition of Coretime, the developer and author of the popular time and billing/project management system, Tempus Pro. Tempus Pro Online is a fully web based software application that operates via the users Internet Browser and is entirely platform independent.

The acquisition of Coretime expands and strengthens Sage's market position in Ireland by adding a complementary line of time and billing and project management systems to Sage's market-leading accounting and business management software solutions. It also provides Sage with a new service line in legal software ('Breeze for Barristers') where Coretime acts for a growing, high profile client list. The combined number of registered customers will be in excess of 47,000.

"The acquisition of Coretime should be seen as a strategically important step in our ambition to offer our customers complete, scalable and flexible solutions", says Liam Mullaney, Managing Director of Sage Ireland. "We believe that the products and resources we have acquired give us added value and broaden our product portfolio and will have a positive impact on our growth. Coretime's range of software will continue to be marketed and supported with the stability and financial backing of Sage's investment in Ireland".

Coretime and Sage Ireland will work together on a range of marketing initiatives to promote Coretime's product range.

"This acquisition is an ideal situation for everyone involved", says Derek Vard, General Manager of Coretime. "Coretime's customers can be assured that the products will continue to flourish and they can look forward to exciting improvements and increased capabilities".

About Sage Ireland
Sage Ireland was established in July 1999 and is the market leader in Ireland for business solutions software. The company provides a full range of accountancy, payroll and CRM products and services for SMEs and practice management solutions for accountants. The company employs 170 people and is based in Citywest Business Park.

About Coretime
Coretime was founded in 1989 and originally provided bespoke PC solutions. Since 1991 it has focused on producing shrink-wrapped software solutions aimed at professionals. In 1994, Tempus, the original time and billing product, was released and achieved significant market penetration. In 2001, Coretime launched the full web version, Tempus Pro.

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