DALLAS, Texas, January 9, 2012 — HBS Systems today announced that Lynn Reed has been named as its Chief Technology Officer. In his expanded role, Mr. Reed will be responsible for all technology functions of the company including Software, Hardware, Conversions, Training and Support.

Mr. Reed joined HBS Systems in 1986 as one of the original four startup members of the company. Over the past twenty six years, he has held a number of positions within the company most recently serving as Executive Vice President overseeing our Research & Development efforts.

"We are pleased to expand Lynn's leadership responsibilities to encompass all technology-focused areas of the company", said Bob Stone, President and CEO of HBS Systems. "His continued vision, coupled with both industry and technical expertise, will ensure that HBS Systems remains at the forefront in providing innovative products and services to our clients".

Mr. Reed is a magna cum laude graduate holding a B.S. in Electronics from McNeese State University in Lake Charles, Louisiana.

HBS Systems is a provider of dealership management systems and software designed for dealers and distributors in the Agricultural and Construction equipment industries. The software is designed modularly, allowing dealers to choose from a full range of management tools spanning General Ledger, Accounts Receivable, Accounts Payable, Payroll, Unit Sales, Service, Customer Relationship Management, Lease/Rental, POS Invoicing, Parts Inventory, Manufacturer Communications, Barcoding, and Electronic Parts Catalogs. HBS Systems is headquartered in Dallas, Texas and their Canadian office is located just outside of Toronto, Ontario. HBS technology is used by equipment manufacturers, dealers and distributors worldwide.