BEAVERTON, Ore., July 27, 1992 -- Timberline Software Corp. has released
Lockbox, a software product that updates tenant ledgers with rent payments
received into a property's account at the bank or clearing house.

After deposit to the lockbox, tenant payments are received through
electronic transfer or on diskette. Because Lockbox imports rent receipt
information directly to Timberline's Property Management Gold tenant
ledgers, computer operators no longer have to spend several days each
month posting rent receipts. As with any lockbox service, rent receipts
begin earning interest sooner than is possible when using traditional
methods of collecting rent.

Lockbox is an add-on to Timberline's Property Management Gold software, an
accounting and business management product for managers of commercial,
residential, retail and mixed-use properties. The software runs on IBM or
IBM-compatible computers, OS/2 manufacturers' supported version. Suggested
retail price is based on the number of residential units or commercial
tenants. Pricing begins at $990 for up to 1,000 units or tenants.

Timberline Software Corp. is a leading international supplier of accounting
and estimating business software for the property management,
construction, architecture and engineering industries. Founded in 1971,
the company has installed more than 15,000 systems worldwide.

Timberline Software Corp., P.O. Box 728  Beaverton, Oregon 97075
(503) 644-8155

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