Billionaire Gates Praises KashFlow Founder

Thursday, 6th March 2008 - For Immediate Release

KashFlows Managing Director Duane Jackson has been hailed as one of the most successful entrepreneurs to benefit from The Princes Trust at their 25th Anniversary celebration in January, meeting arguably the most successful person on the planet Bill Gates, CEO of Microsoft in the process.

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Chairman:
The Rt Hon Lord Young of Graffham

Founder & CEO:
Duane Jackson

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Bill Gates showed his support for The Prince’s Trust the year of celebrations that mark the 25th anniversary of The Prince’s Trust Business Programme. He met a small selection of high achieving young business men and women in the UK today including KashFlow Software Managing Director, Duane Jackson.

At a reception held at the House of Commons, The Prince’s Trust were congratulated for their 25 years of service, helping over 550’000 young people in the process and continuing to support more than 100 more young people each day.

Bill Gates was invited to spend time talking with the handful of business owners and entrepreneurs invited to the event and took the time to pass on some of the tips he learnt whilst building the world’s largest IT related company.

Speaking about the event and meeting Bill Gates KashFlow Managing Director Duane Jackson said,

“It was great to meet Bill Gates. He is the biggest success story in business, and somebody I find very inspirational. I was honoured to be in his company, and was flattered at the recognition by The Prince’s Trust; without whom I would not have achieved the success I have so far.”

He continued, “I did make a comment about “software as a service” products like KashFlow undermining the traditional model that Microsoft still use. He said that it is a space they are looking at entering. I wish I’d kept quiet now!”

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About KashFlow

KashFlow is an online tool specifically designed to help owner managers in small businesses manage their accounts. KashFlow’s aim is to take the boredom out of managing a company’s accounts and to make the day to day tasks easier to achieve so that less small businesses neglect this area.

KashFlow keeps accounts management simple: it requires no installation, software training or prior knowledge of accountancy.

All users benefit from a free, no obligation 60-day trial. The monthly subscription price is £15.99 a month - including free support and upgrades.

Contacts

For further editorial information, contact:

Carolyn Gordon-Smith
PR Manager
cgs@cimma.co.uk
01386 859090 / 07710 537 928

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Notes to Editors

In June 2008, KashFlow became the first accounting software package to be certified by PayPal for integration with its payment platform. PayPal and KashFlow now work in partnership to provide a seamless, end-to-end, payment processing and accounting system.

In October 2008 KashFlow won a Business Software Satisfaction award, judged entirely by customer feedback, for the category of small business accounting - beating the likes of Sage 50, Quickbooks Pro and MYOB. Statistics revealed by the awards organisers show that KashFlow has a 70% share of the web-based accounting software market in the UK.

KashFlow has received two rounds of venture capital funding from their now chairman, Lord Young of Graffham. Lord Young is a former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless

KashFlow is simple to operate, with users instinctively knowing where to click to perform almost any accountancy task

Owner managers are able to effectively manage their accounts with no need for software training or prior knowledge of accountancy

KashFlow has been featured in the likes of the Financial Times, Daily Mail, The Daily Telegraph, The Mail on Sunday, BBC Radio and all the leading accounting titles.

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