March 1, 2009

VIRTUAL SOFTWARE ANNOUNCES THE ADDITION OF ONLINE RECEIPT MANAGEMENT TO VIRTUAL EXPENSE

Online receipt management allows users to attach receipts and other files to individual expense lines

SAN FRANCISCO, Calif. – December 15, 2008 - Virtual Software today announced the release of online receipt management to Virtual Expense. Online receipt management allows users to attach receipts and other files to individual expense lines or to an entire expense report. Users can attach image files, such as scanned receipts, credit cards statements, and even Microsoft Office docs, or Adobe PDF files to their expenses reports. Supported file types are pdf, gif, jpg, png, bmp, tif, doc, docx, .xls, and xlsx. Online receipt management enhances Virtual Expense's workflow by:

• Eliminating paper routing and mailing

• Accelerating reimbursement cycles

• Replacing paper filing with secure online records

“Our customers are always looking for new ways to reduce costs and their environmental footprint. Virtual Software’s online receipt management release helps them achieve both of these aims and gives companies a truly paperless workflow” said Chris Farrell, Vice President of Sales and Marketing.