There has been a lot of activity at BGL over the past 2 months.

In July 2008, BGL released Simple Fund Version 11.1. This release includes the new SMSF 2008 Annual Return as well as all the other paper and electronic forms required by clients to complete their 2008 superannuation work. At the same time, BGL released its new Unlisted Unit Trust (UUT) data service. This service has been added to our highly successful ASX data service. Together, these services now provide cost effective appropriately licensed data to over 1,000 BGL clients. Should you wish to avail yourself of these services, you can subscribe through the BGL Client Centre

In August, BGL also released CAS Ver 11.1 which included over 50 new features and new electronic forms available from ASIC. BGL expects these new forms to be available for clients to lodge in the next few days once ASIC updates its systems to accept lodgement.

At the same time, BGL has been working on our 2008 Product Roadmap . The Roadmap includes the release of the BGL Report Editor in the next few weeks followed by the new CAS Forms Module and the BGL Query Module in October 2008. CAS Forms will allow clients to prepare virtually any form through CAS. BGL Query will be available for all products and will allow clients to easily prepare sophisticated database queries in CAS, Simple Fund, Simple Invest and Simple Ledger. More information and pricing for these modules is outlined elsewhere in this newsletter.

In August, BGL held product update seminars. Over 1,000 clients attended to check out the new features in latest releases of CAS and Simple Fund and also to get a preview of the new BGL Report Editor.

The past few weeks have also been very busy for the BGL Support Team. As you can understand, with the release of so much new software and the update for many clients to the new Nexus database for the first time, support has been inundated with client calls. We ask clients to be patient during this busy period. We also ask  clients installing updates with the new database ie updating from CAS Ver10.x to Ver 11.x or Simple Fund Ver 10.x to Ver 11.x, ensure they read the installation instructions and the on screen messages as installing these updates is different from installing previous BGL: software. I also strongly suggest clients who operate their BGL applications on a computer network and do not have experience installing client / server applications consider employing an IT professional to install these updates.

Over the next few weeks some of the BGL Management Team will be attending the World Business Forum in New York City. This annual event includes in its speaker list many world business and political leaders. Members of the BGL management team attend this event every 2 years to gain a first hand insight into the latest business and management strategies. I would highly recommend this event to BGL clients.

You may have noticed there was no BGL Client Newsletter in July 2008. BGL has decided to change the frequency of our newsletter to bimonthly and use BGL Direct and email where we need to inform clients of important matters during the intervening period.

We look forward to providing you with a number of exciting new products and services over the next 12 months.


Ron Lesh
Managing Director