FOR IMMEDIATE RELEASE

Date: May 1, 2006

Contact: Altico Advisors
             Marcia Nita Doron
             Marketing Director
             508-485-5588 ext. 107
             
mdoron@alticoadvisors.com
             www.alticoadvisors.com


ALTICO ADVISORS IS SIXTEEN MONTHS STRONG

Marlborough, MA – May 1, 2006 – Altico Advisors, LLC today announced that it had exceeded all of its first year goals and projections.  Having brought close to 40 clients on board, Altico is already an established player among the Microsoft Business Solutions partners that serve the New England mid-market by providing financial and business management systems.   

Co-founder Rich Maloney sees the first year results as a harbinger of the company’s successful future.  “Before we opened our doors on February 1, 2005, we had a solid, flexible, and realistic plan as well as a core team of committed, talented, and experienced professionals.  Sixteen months later, we can look back and say, ‘It worked.’  And the future holds more promise than ever before.”

By focusing tightly on the distribution and manufacturing sectors, Altico was able to carve a niche for its services, using Microsoft Dynamics GP (formerly Great Plains) as its core offering.  The newest version of the product, Release 9, came out in January 2006 with dozens of enhancements that made it an even stronger and more comprehensive solution right out-of-the-box for mid-market distribution and manufacturing companies.  

Co-founder Mike Kean reports that “Our manufacturing clients love the new Capacity Resource Planning and Integrated MRP Data, to name but two of the improvements in the new release.  And our distribution clients have already reaped the benefits of the new Bin Lookups, the Stock Count and Discrepancy Alerts, and the Real-time Moving Averages Calculations.  Microsoft promised that Dynamics GP 9 would include critical features and functionality for manufacturers and distributors.  And Microsoft delivered on that promise.”

“Our partners help deliver solutions that integrate software, skills, services and support to improve the overall experience of customers,” says Brian Neirby, New England area general manager for Microsoft’s Small and Midmarket Solutions and Providers (SMS&P) group. “I’m happy to report the success that Altico has had in executing against a plan that includes hard work, quality service and a client focus. We are always excited to see partners providing solutions that better fit their clients' business needs.”

About Altico Advisors
Headquartered in Massachusetts, Altico Advisors implements and supports business and financial management software solutions for mid-market companies throughout New England.  Altico is a certified Microsoft Business Solutions partner, specializing in Microsoft Dynamics GP (Great Plains) systems for manufacturing and distribution companies.  In addition, Altico provides a wide variety of consulting and advisory services, such as outsourced financial services, business and IT strategy alignment, software selection, and business analytics.
www.alticoadvisors.com


Altico Advisors • mdoron@alticoadvisors.com • Marlborough, MA 01752  • (508)-485-5588
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