Parity Corporation Strengthens Consulting Team with Key New Hire


August 29, 2007, Bothell, Wash. - Parity Corporation, a leading provider of food and beverage manufacturing software and services, has expanded its Consulting Division with the recent hiring of Kyle Stemmer. With an extensive background in accounting and management services, Stemmer focuses on delivering advanced financial strategies to Parity's clients. As a result, Parity clients will have real-time access to financial information for better decision making ability. Other areas of concentration include cash flow management, pre-audit planning, costing, and the establishment of internal controls.

"Kyle is a key strategic addition to Parity Consulting. His combination of education and experience with a CPA and business advisory firm have given him knowledge and skills to streamline our clients' accounting processes and add real value to their operations," said Tom Williams, President, Parity Corporation. "His ability to design financial systems that provide insight into a company's operations further enhances the value offered by the Parity system."

In addition to implementing the financial components of the Parity Enterprise System and providing related accounting services, Stemmer will also supervise the ongoing integration with Microsoft GP Financials. As the newest Microsoft GP Financials certified Parity team member, Stemmer is able to configure the Microsoft GP Financials software to meet the specific needs of each client and train users on how to most effectively use their system.

Stemmer has a Bachelor of Arts in Accounting and Finance and a Masters of Business Administration from Western Washington University.

About Parity Corporation

Parity Corporation is the leader in food industry software and services. For more than two decades, Parity's team of food industry specialists have delivered advanced information technology and business management solutions to the food industry. Parity's fully integrated real-time applications bring all aspects of a food manufacturing operation, from procurement through to traffic management, into one system that streamlines business processes making them more efficient, increasing visibility into operations, and providing accurate, reliable information for making successful business decisions.

For more information about Parity, please visit www.paritycorp.com or e-mail info@paritycorp.com.

Contact:
Anne Vendeland
Marketing & Business Development
Parity Corporation
(425) 408-9527
avendeland@paritycorp.com

George Fletcher
EVP, Business Development
Parity Corporation
(425) 408-9514
gfletcher@paritycorp.com

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