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Ottawa, Canada (March 24, 2011) – FreeBalance, a global Government Resource Planning (GRP) software company, announced that it is attending the 52^nd Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB) and the 26^th Annual Meeting of the Board of Governors of the Inter-American Investment Corporation (IIC). The meeting will be held in Calgary, Canada, from March 25 to 28, 2011 and brings together Ministers of Finance, Presidents of Central Banks, and other high-level authorities of member countries. Participation at the Annual Meeting is by invitation only. The Inaugural Session including the seminars, sessions, and meetings will be held at the Calgary TELUS Convention Centre. The meeting is expected to attract 3,000 delegates.

Seminar topics at the IDB 2011 Annual Meeting includes: Innovative Business Models in Haiti: Linking profit, sustainability and social investment; Can you afford not to invest in Latin America and the Caribbean; Financing large infrastructure projects, accelerating the development of Latin America and the Caribbean; Private Sector Investments and Socially Responsible Development of Natural Resources; The Future of Oil in a Carbon Conscious World; Global Imbalances and Latin America; Sustainable Cities: The Challenges of Growing with Quality; and, Development Connections: Connecting the Unconnected.

The IDB supports efforts by Latin America and the Caribbean countries to reduce poverty and inequality. It aims to bring about development in a sustainable, climate-friendly way. Established in 1959, the IDB is the largest source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability.

"FreeBalance is pleased to have the opportunity to participate in the IDB IIC Annual Meeting in Canada," said Matthew Olivier, Director, Global Marketing & Alliances at FreeBalance. "FreeBalance is a Canadian company that is active in Latin American and the Caribbean. Our mission is to help countries leverage technology to support economic growth and aid development through transparent and accountable financial systems."

FreeBalance Accountability Suite Version 7 offers a pure web-based platform that has been optimized for rapid government deployment, operational effectiveness. It is ideal for needs and requirements of Latin America and Caribbean governments. FreeBalance offers flexible deployment options, service oriented architecture facilitating integration with government information systems. The FreeBalance Government Resource Planning solution covers the entire budget cycle including financial and human resources transparency to improve governance and trust.

FreeBalance customers span the globe and the user community includes public financial management professionals in 19 countries, including Antigua & Barbuda, Panama, Canada, Iraq, Kosovo, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance operates in 15 customer time zones. FreeBalance has more than 60,000 users around the world. FreeBalance software manages a global civil service workforce of 1,500,000, and also manages a quarter trillion ($US) annual budgets worldwide.

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results.For more information, visit www.freebalance.com.

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FreeBalance Media Contact:
James Elrick
Email: jelrick@freebalance.com
Ph: +1 613 218 4938