3,000+ Corporate Consumers Choose Mumboe for Contract Management

Latest Version Includes New Template Library and CRM Features

AUSTIN, Texas – Sept. 03, 2008 – Mumboe^™ today announced that more than 3,000 business customers have signed up for Mumboe Express™, the free version of its on-demand contract management application, since the product's launch in March 2008. The company also announced that, as part of its ongoing Customer Engagement program, it has introduced three new features in the latest version of the Mumboe application, including an Agreement Template Library, and the ability to easily import contacts from Salesforce.com and Highrise CRM applications.

Mumboe's focus on ease of use and affordability have made it a hit with corporate consumers, including small and growing businesses as well as enterprise departments and workgroups, that are looking for an alternative to expensive enterprise contract management systems. Using Mumboe's on-demand application, individuals can store agreements in a secure online repository, share them with authorized users, track important information such as renewal dates, and quickly search for specific agreements. A free account lets customers try before they buy with no credit card or time limit, allowing them to fully evaluate the product's features and functionality. When they need more storage space, users can upgrade to Mumboe Pro for a low monthly fee.

Mumboe customers also receive automatic updates to the application, including new features and functionality, every few weeks. As part of this process, Mumboe solicits feedback through its Customer Engagement program, which encourages registered users to submit new feature suggestions via the Mumboe User Forum. As a result of this program, the latest release includes:

• Agreement Template Library: agreement templates can be downloaded and modified to suit specific business needs, and then uploaded into Mumboe's secure document library. Current agreement categories include sales, business development, employment, lease and licensing templates.
• CRM Contacts: gives Salesforce.com and Highrise users the ability to import contact information into Mumboe, eliminating the need to maintain continuously changing contact information in multiple locations.

“We are excited that so many business customers are embracing Mumboe's simple, affordable approach to solving their contract management needs," said Bill Kane, CEO of Mumboe. "Our commitment to listening to our customers and giving them what they want in terms of features, functionality and pricing is clearly resonating.”

Mumboe's pricing is designed to fit the needs of growing businesses and to eliminate many of the risks associated with traditional enterprise software:

• Mumboe Express - includes up to 10 agreements, and shared access for up to three users. Price: free with a valid email address.
• Mumboe Pro - includes up to unlimited agreements, and unlimited users. Price: $24/User/Month.

About Mumboe

Mumboe is a leader in on–demand contract management. The privately held company is headquartered in Austin, Texas. To follow Mumboe on Twitter go to http://twitter.com/mumboe. To find Mumboe on Facebook visit http://www.facebook.com/pages/Mumboe/72858223373. For more information, visit www.mumboe.com.

Contact:
Phillip Beane
pbeane@mumboe.com
512.637.3544