NEWS RELEASE

DALLAS, Texas – Lookout Software, LLC, announced today that it has closed enrollment of the Office Timesheets beta test program due to a higher than expected number of beta test sign-ups.

Office Timesheets is the first web-based timesheet application to offer an industry standard Microsoft Office 2007 style interface using AJAX. Accessible from any computer with an Internet connection, Office Timesheets gives employees and managers alike the ability to enter and view their entries with an easy-to-use timesheet format. Office Timesheets will offer tight integration with Microsoft Project and QuickBooks, and has been designed to meet DCAA requirements for government contractors.

Office Timesheets will be offered in two versions: self-install and On Demand (hosted). Both versions were available for the beta test. Office Timesheets is expected to release to the general public on August 21, 2007.

For more information about Lookout Software and Office Timesheets, please visit the website at www.officetimesheets.com.

Lookout Software, LLC was established in the summer of 2003 by a group of software engineers, product managers, and other software professionals with the goal of providing small and mid-sized businesses with more cost-effective software solutions.

Lookout Software remains dedicated to providing the small business community with choices. Keep your eyes open in the near future for other practical and cost-effective business software applications from Lookout Software.

Nikki Bonds, Marketing Manager
Lookout Software, LLC.
866-425-0800 x101
www.lookoutsoftware.com