DataSync and SugarCRM Form Strategic Partnership to Deliver Integrated Small Business Suite

CRM, Accounting and Communication Solutions Offered at an Affordable Price

CUPERTINO, CA & SIOUX FALLS, SD (October 06, 2009) –

DataSync, a leading provider of integrated small business software-as-a-service (SaaS) solutions, and SugarCRM, the world’s leading provider of commercial open source customer relationship management (CRM) software, today announced a strategic partnership to deliver an integrated suite of small business applications to small businesses.

DataSync is the developer of DataSync Suite(TM), a small business software platform that integrates core business applications including SugarCRM, Quickbooks®, Zimbra® (mail/calendaring) and Drupal® (website management) into a software-as-a-service web portal. DataSync Suite provides a single user sign-on, data syncing between applications and a user administration console, all at a cost-effective cloud-based service.

With SugarCRM at its core, DataSync Suite(TM) helps small businesses focus on their customers by connecting email, contacts, calendars, accounting software and websites into a central Customer Relationship Management (CRM) system. The software eliminates dual-entry, simplifies order processing and automates sales processes. DataSync’s entire software suite is a cloud-based service that is accessible from any web browser and mobile device, and can be connected to desktop applications such as Microsoft Outlook.

In addition, DataSync today announced its first round of venture funding, with an infusion of $1.2 million led by Rain Source Capital to fund operations and expansion of the DataSync Suite: http://www.datasyncsuite.com/media/press-releases/october-6-2009/funding.

“This partnership with SugarCRM introduces a solution that is a first in the industry by delivering a complete, affordable open source suite to small businesses who have little or no IT resources,” said Mike Vetter, Chief Executive Officer, DataSync. “By partnering with one of the leading providers of customer relationship management software, we have a great opportunity to further extend our unique value proposition to small business users.”

“DataSync’s momentum and success is a testament to the ability of SugarCRM partners to deliver superior value to customers with open source solutions,” said Jeff Campbell, Vice President of Sales, SugarCRM, Inc. “We are thrilled to partner with DataSync as they address this underserved portion of the CRM market.”

Under the agreement with SugarCRM, DataSync will now be offering SugarCRM Professional® as a part of its standard package and will work with the company on joint marketing, sales promotion and the option of monthly payment for SugarCRM Professional licenses. DataSync and SugarCRM will begin to roll out the initiatives outlined in the agreement immediately.

For more information, please visit http://www.datasyncsuite.com or www.sugarcrm.com.
About DataSync Corporation

DataSync Corporation is a leading provider of integrated small business software as a service (SaaS). The company was formed in 2005 and has delivered robust open source solutions to a wide variety of customers. In 2009, DataSync released its flagship product, DataSync Suite(TM), to a large audience of developers and businesses. The company now has thousands of users around the world, and has built a global partner network providing services and solutions based on DataSync Suite(TM).
About SugarCRM, Inc.

SugarCRM is the world’s leading provider of commercial open source customer relationship management (CRM) software. Founded as an open source project in 2004, SugarCRM applications have been downloaded over five million times and currently serve over 500,000 users in 75 languages. Over 5,000 customers have chosen SugarCRM’s On-Site and Cloud Computing services over lock-in based, proprietary alternatives. In the last year, SugarCRM has been recognized for its customer success and product innovation by CRM Magazine, InfoWorld, Customer Interaction Solutions and Intelligent Enterprise.
Forward-looking Statements

This announcement contains forward-looking statements regarding DataSync Corporation and SugarCRM, Inc. (including without limitation as described in the quotations from management in this announcement) and their strategic and operational plans related to, and the expected financial impact of, the announced strategic partnership. Those statements involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the reaction of users of each company’s services to the strategic partnership, the reaction of each company’s competitors to the strategic partnership, the decision by either party to reduce the scope of this agreement upon the occurrence of certain events set forth in the agreement, and the possibility that the expected benefits of the strategic partnership may not materialize to the extent expected or at all. All information set forth in this release is as of September 21, 2009, and neither company intends or undertakes any duty to update this information to reflect future events or circumstances.
Media Contact

Christine McKeown, Schwartz Communications
SugarCRM@schwartz-pr.com
415-512-0770

Source: SugarCRM

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