Company Advances from QuickBooks to Microsoft Financial Management Solution to Meet Federal Contracting Requirements and to Support Tremendous Growth

Reston, VA (September 10, 2008) – Pleasant Valley Business Solutions (PVBS), Microsoft’s leading provider of government contractor ERP, financial management and project accounting solutions, announced that Segovia (Herndon, VA) has procured Microsoft Dynamics NAV for Government Contractors from PVBS to handle its project accounting and financial management requirements. Segovia is a classic example of the type of Federal government contractor that moves to Microsoft Dynamics NAV from QuickBooks: fast growing, requires a DCAA-compliant (Defense Contract Audit Agency) solution to support its new contracts, and needs a more feature-packed and functional solution to handle its growing operational requirements.

Michael Tait, Vice President of Finance at Segovia, said, “With the tremendous growth we have experienced in the past year, the time was right for Segovia to invest in a much more comprehensive financial management solution. The Dynamics NAV offering from PVBS has everything we need to fully support our government contracts and provide excellent support to our internal project management teams.”

Tait also said that Dynamics NAV fully supports companies that sell products to the government which was important for them, in addition to project accounting for services.

Bernard Mustafa, CEO and President at PVBS said, “Microsoft Dynamics NAV is designed to support the remarkably fast growth Segovia is experiencing. The wide range of reporting capabilities, for example, will allow the finance team to better support the executive, program, and operations groups with up to the minute information on contract status and performance.”

Segovia recently announced some contracts that it had won including a piece of the $12.225 Billion ENCOREII procurement sponsored by Defense Information Systems Agency (DISA).

Segovia is focused exclusively on providing secure global IP satellite service in support of Department of Defense and Homeland Security requirements. Segovia specializes in providing secure IP communications to virtually anywhere in the world quickly and cost-effectively. Segovia’s global end-to-end networks are considered to be a military asset and are mission-tested delivering advanced communications capabilities in support of war fighters and forward operations.

About Pleasant Valley Business Solutions (PVBS)
Pleasant Valley Business Solutions (PVBS), a “Microsoft Business Solutions President’s Club Member 2007,” offers the Microsoft alternative for government contractor ERP, financial management and project accounting. Microsoft offers a better project accounting and financial management solution than what’s been available in the past to high-growth government contractors. Only PVBS offers a Microsoft Dynamics NAV solution that was created specifically for high-growth government contractors, to help these companies better manage and maximize their Federal Government business. PVBS is based in Reston, VA. Visit PVBS at www.pvbs.net.

©2008 Pleasant Valley Business Solutions, LLC. All rights reserved. All trademarks and company names mentioned are the property of their respective owners.