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McDougal Properties Chooses MANAGEMENT Plus™ from ACS to Manage New Acquisition of Affordable Housing

After more than 10 years of using MANAGEMENT Plus™ property management software, McDougal VP selects additional ACS technology to handle newly acquired tax credit, HUD and affordable housing units

MADISON, WI, June 23, 2004 - American Computer Software (ACS) today announced that McDougal Properties, a long-time customer, selected the MANAGEMENT Plus™ solution to automate most of the daily tasks throughout its new, diversified portfolio that now includes several affordable housing units.

Growing to 7,700 units, McDougal Properties implemented MANAGEMENT Plus™, a comprehensive property management software solution specializing in data management for affordable housing, as well as general property management tasks including applications, move-ins and move-outs, maintenance issues, marketing and numerous other functions. More than 60 McDougal property managers and bookkeepers now use MANAGEMENT Plus, significantly increasing efficiency while also gaining a centralized source for all housing data.

"It's great how MANAGEMENT Plus automates a lot of the process with our affordable housing units because it streamlines the process that used to involve so much paper work," said Suzanne Comer, vice president of corporate service at McDougal Properties. "The ease of use using MANAGEMENT Plus is by far its greatest feature. Converting from one software solution to another is always a big challenge, but ACS was helpful and made it as easy as possible. We were extremely dissatisfied with our previous solution, making MANAGEMENT Plus a welcomed change."

"The management of affordable housing data continues to serve as a heavy burden for property managers dealing with all sizes of properties," said Heather Gullickson, executive vice president at ACS. "Advanced applications are easily added on as customers' needs change. McDougal Properties had been a valued client for more than ten years when we were able to assist them with their acquisition of sixty affordable properties."

For more information on Lubbock, Texas-based McDougal Properties, visit http://www.mcdougal.com.

About MANAGEMENT™ Plus
Designed by property management and software development veterans, MANAGEMENT Plus™ stands as the industry's simplest, yet most comprehensive Windows-based property management software. From processing move-ins and move-outs, to creating reports, tracking marketing efforts and organizing vital compliance information, MANAGEMENT Plus provides property managers with the key to enhanced data management. Built-in wizards accompany unparalleled customer support, allowing for an easy transition to computerized, integrated management software. MANAGEMENT Plus quickly increases efficiency and gives the property manager true control.

MANAGEMENT Plus nearly eliminates user error and streamlines daily processing. Its fully-functional Lease/Tenant List provides quick access to information while also serving as a central portal for tenant processing. MANAGEMENT Plus works with the accounting program of your choice, offers superior work order/maintenance processing, and features the industry's most robust solution for affordable housing processing. Visit the American Computer Software Web site at www.acsoftware.com.

About ACS
American Computer Software (ACS) is the leading provider of property management software, providing simple, cost-cutting solutions for over one million units since 1968, including residential, subsidized, tax credit, commercial, military and various other types. Headquartered in Madison, WI, ACS is a privately-held company boasting several industry awards for its Windows-based MANAGEMENT Plus™ solution. Offered as a standalone product or integrated with QuickBooks, Microsoft Great Plains Business Solutions or numerous other accounting solutions, MANAGEMENT Plus allows property managers to easily streamline otherwise burdensome accounting, maintenance and marketing tasks.

Media & Public Relations
Matthew Zintel
Zintel Public Relations
Direct: 310-574-8888
matthew@zintelpr.com

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