management

Veronica Lainez MEMORENDUM TO: Software Concepb, lnc. Associates FROM: Celeste Acosta, CEO DATE: February 13,2014 SUBJECT: AccountSoft Future Changes First and foremost, I wculd like to take the opportunity to thank each and every one of you for all your hard uprk and dedication here at Software Concepts, lnc. We are fuly gratefulfor allfre confibutions each and every one of you has brought to our company. However, as most otyou @ know the recent recession has affected several industies and the softrvare indusfy is one of them. For the past tuo yearsrAccountSoft softrare sales has been declining significantly. This has caused Sofhrare Concepb to explore oilrer options and make significant changes to our future. Our original mission was to sell software producb to large accounting firms. Houever, since the recent recession small businesses and individuals are the ones acfually keeping us in business. After much consideration, ure've come across the difficult decision of selling AccountSoft to . t t L Accounting specialists, lnc. --,,ot.,,rrv* t'- /^ , 7 Now here is the difficult question; how will ttris decision affect you? lt will definitely affect everyon Dtprfts'U/ Uanagement has selected a certain amountof software developers thatwillcontinue to be ?"*5t'/' employed with us. Accounting Specialisb, lnc. has agreed to continue employment with most of our software developen. Unbrtunately, for the ma*eting and sales deparfnentne vtere unable to negotiate a contact. Management has made the difficult decision of eliminating most of our sales and marketing departnents. lfs unfortunate to come to this conclusion; however this is whats best in order to secure as many jobs as possible. Veronica Lainez, Human Resources Coordinator and myself will meetyou individually to discuss the changes to your empbyment. Software Concepb will continue to employ you up until six weeks ftom today. We will be offering, cobra insurance, severance pay and unemployment benefits. For those of you fortunate enough to continue employnent with us vre will have a meeting on March 24,2014 at 8:00 am to discuss our new employment policies and procedures. We cannot sfess enough how difficult tris decision has been. We will by our best to make this tansition as smooth as possible. Once again hank you all for your hard work and dedication. We fuly wish you nothing but the best in your future endeavors. tlt.)-od)- -#"