CADA Cam Commerce Solutions (MM)

3rd Quarter X-Charge Sign-ups at Record Levels FOUNTAIN VALLEY, Calif., July 1 /PRNewswire-FirstCall/ -- CAM Commerce Solutions, Inc. (NASDAQ:CADA) announced today that the total dollar amount of new X-Charge payment processing applications received in the quarter ended June 30, 2004 set new company records for each of the consecutive months in the quarter as well as the quarter itself. The Company received $77 million of annual credit card processing volume in new processing applications in April, $81 million in May and $98 million in June for a total of $256 million in the quarter. The number of applications received was 204 in April, 210 in May and 237 in June for a total of 651 applications received during the quarter. This compares to 482 applications received for $168 million in processing in the March 2004 quarter. While not every application will necessarily result in an active payment processing account, the Company expects that the vast majority will. As of the end of June the Company had approximately 97 active resellers that have brought at least one customer live on X-Charge, up from 66 at March 31, 2004. In the month of June, X-Charge processing applications submitted by customers through the reseller channel exceeded that of the Company's direct customer base for the first time with 130 applications from the reseller channel and 107 from the Company's direct customers. However, total dollar volume represented by these applications was still higher for the Company's direct customers in the month of June. "Our X-Charge business continues to show solid growth," said Geoff Knapp, CEO of CAM Commerce Solutions. "Every month will not always be better than the next for new application sign-ups and each quarter may not always be better than the next in this regard as we tend to hit plateaus in this business before moving up again. However, we do expect the long-term trend to be up. In the June 2004 quarter we had one large multi-store customer that submitted applications throughout the quarter, which accounted for approximately $50 million of the new applications in the quarter or almost 20% of the dollar volume. This is a little unusual." Mr. Knapp further stated, "New business is strong and new resellers continue to integrate X-Charge into their software applications. On a go forward basis our recurring X-Charge processing business has reached a run rate that exceeds $4 million per year in revenue for the Company." X-Charge is payment processing software that is integrated with the Company's point of sale software, and the software of its resellers. The Company provides payment processing services for its customers utilizing X-Charge software and a third party credit card payment processor. X-Charge generates revenues for the Company based on credit card payment processing services provided to its customers and its reseller's customers. About CAM Commerce Solutions CAM Commerce Solutions, Inc. provides total commerce solutions for traditional and web retailers that are based on the Company's open architecture software products for inventory management, point of sale, sales transaction processing, accounting, and payment processing. These solutions often include hardware, installation, training, service, and payment processing services provided by the Company. You can visit CAM Commerce Solutions at http://www.camcommerce.com/. Important Information The statements made in this news release, including those relating to the expectations of profitability and economic climates, are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Words such as "will," "should," "believe," "expect," "anticipate," "outlook," "forecast," "optimistic," "feel," "potential," "continue," "intends," "plans," "estimates," "may," "seeks," "would," "future," "bright," "projected," and other similar expressions that predict or indicate future events or trends, or that are not statements of historical matters, identify forward-looking statements. Expectations concerning financial results for future quarters are not actual results and are based upon preliminary estimates, as well as certain assumptions management believes to be reasonable at this time. Investors should not rely upon forward looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from our expectations, and the company expressly does not undertake any duty to update forward-looking statements which speak only as of the date of this news release. The performance of any one month or quarter may not be indicative of future performance, particularly given prevailing market and economic uncertainties. In addition to the factors set forth elsewhere in this release, the economic, competitive, technological, and other factors identified in CAM Commerce Solutions' filings with the Securities and Exchange Commission could affect the forward looking statements contained in this news release. DATASOURCE: CAM Commerce Solutions, Inc. CONTACT: Matthew Hayden, President of Hayden Communications, Inc., +1-858-456-4533, for CAM Commerce Solutions, Inc. Web site: http://www.camcommerce.com/

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