Released on = February 23, 2007, 6:24 am

Press Release Author = CODA

Industry = Small Business

Press Release Summary = . Browser product enables access from all locations from a
single hosted server
. Allows a detailed level of analysis
. Minimal input required into system set-up and maintenance





Press Release Body = CODA plc, the finance systems specialist, today announced that
Evolve Partners LLP has selected CODA-Financials as its new company finance system.

CODA-Financials was chosen as it meets the company's multi-site requirements. "We
wanted a flexible system that would be easy to implement across all of our locations
and that could cope with the different currencies we work in," said Martin Johnson,
Group Finance Manager at Evolve. "Our previous system was not easily able to do this
and consequently could not provide us with a true picture of the entire company's
performance. The old system could not provide us with output data in a useful format
which left us having to spend much time manipulating the data in Excel in order to
provide meaningful management information.

CODA's ability to support multi-national requirements in a single version of the
application allows it to accommodate the multiple currencies as well as legislative
and cultural differences inherent in running international companies, within the
same system. An unrivalled account code structure with unlimited analysis allows
CODA to cope easily with multiple corporate reporting structures, and gives ultimate
flexibility. CODA-Financials will enable Evolve to account for departmental costs
from marketing and IT to expenses at a Group level, breaking them down by company
and project.

"As a consultancy, it is important that we can analyse the various levers of our
profitability at a detailed level," Mr Johnson continued. "We need to consider the
relative contribution of each client job and to keep track of our investments in
business and people development, in order to manage our profitability as effectively
as possible. A hosted solution is ideal as it minimises support and maintenance
requirements for us while ensuring uptime and product integrity. To have this
intelligence available to us without the burden of implementing and maintaining the
application and hardware ourselves, is an ideal solution."

The agreement with CODA offers Evolve a fully hosted solution with CODA providing
support services through its Managed Services team. This includes full technical and
operational support such as database administration services and ongoing application
tuning, and ensures the health of the hardware, minimising the chance of system
downtime.

Evolve Partners LLP is a purpose-built consultancy of highly experienced, world
class practitioners that helps organisations create sustainable change by empowering
people to drive extraordinary business results. It has operations in the UK, the US
and Trinidad and Tobago.

ABOUT CODA

CODA creates, markets and implements a complete range of software systems designed
specifically to meet the needs of Financial Directors and Finance Departments. These
include financial management systems, analysis applications, and business process
management and control software to implement compliance solutions. Its service
oriented architecture also makes CODA software easy for clients and other vendors to
integrate it with their business applications.

CODA was founded in 1979, has around 550 employees working from 13 global locations,
and is listed on AIM in London under the ticker "CODA". CODA software is designed
for multi-currency, multi-language, multi-country, multi-company and multi-site
operations.

Web Site = http://www.coda.com

Contact Details = Emma Hoyle||Beckwith Head Road-Cardale Park ||Harrogate , HG3
1RY||$$country||||44-01423-537-977||Emma.hoyle@coda.com||http://www.coda.com