Sabrix Announces Availability of Spring 2009 Version of Sabrix Managed Tax Service(TM)

SAN RAMON, CA, May 27 (MARKET WIRE) --
Sabrix, Inc., a leading provider of transaction tax management for
companies of all sizes, today announced the availability of the Spring
2009 version of Sabrix Managed Tax Service (MTS). Combining an on-demand
version of the same trusted tax platform that powers over $1.7 trillion
in transaction taxes for companies worldwide, service from a
multidisciplinary team of tax experts and SAS 70 certified processes, the
latest version of Sabrix MTS(TM) is focused on helping companies achieve
compliance with confidence without sacrificing visibility or control. As
a software as a service offering, Sabrix MTS Spring 2009 is automatically
available to existing clients at no additional fee.

"Being able to easily adapt to a dynamic market -- whether we add another
business line, need to integrate with a new technology or have to comply
with a tax law change -- is critical to the success of our growing
business," said Christine Vetrano, CFO of Metro Door. "Regardless of the
changes we encounter, we know that Sabrix MTS will enable us to achieve
compliance with confidence without the operational hassles of maintaining
the tax function in-house."

Sabrix MTS Spring 2009 feature highlights include:

-- Upgrades to the tax technology platform including a new easy-to-use
interface and enhanced reporting capabilities that enables clients to:
-- Easily modify tax policy such as adding a product line or customer
across business systems from a central location.
-- More closely monitor and track exemption status.
-- Tie the general ledger to the returns process for even better audit
trails.
-- Additional integration options:
-- MTS Connect supports customers with a flexible, near real-time
option for getting accurate tax calculations when and where they
need it.
-- Pre-built, certified, real-time integrations with common ERP
systems from leading companies such as SAP, Oracle and Microsoft.
-- Both Java and Microsoft .Net Software Developer Kits to support
real-time integration with e-commerce and custom applications.
-- Expanded tax services including:
-- Taxcasts - weekly state-by-state audio casts to educate companies
on the latest tax changes.
-- Nexus studies - Sabrix's team of sales tax experts review your
business activities, interpret state laws and deliver a complete
sales tax nexus report with analysis.
-- Sales and use tax blog (http://blog.sabrix.com/blog/sabrix) -
Regular access to insights and analysis from Sabrix tax experts on
common legislative and related tax news.
-- Tax rate changes
(http://www.sabrix.com/resource-center/tax-changes.php) - Ongoing
updates on new authorities and rate changes broken down by state,
with 360 through May 2009 alone.

"While outsourcing in general is not a new concept, outsourcing the
tax function is just starting to become common practice," said Pam Kostka,
Senior Vice President of Corporate Marketing of Sabrix. "Similar to
outsourced payroll services, Sabrix MTS operates as a trusted extension of
a company's finance team enabling companies to achieve compliance with
confidence, while maintaining visibility and control."

Pricing and Availability

Sabrix MTS is available now. Pricing is on a subscription basis and is
based off a company's transaction tax complexity. For more information,
visit http://www.sabrix.com/managedtaxservice.

About Sabrix MTS

Sabrix MTS combines an on-demand version of the same trusted tax platform
that powers over $1.7 trillion in transaction taxes for companies of all
sizes, including many Global 2000 leaders, combined with service from a
multidisciplinary team of tax experts and SAS 70 certified processes.
Acting as an extension of a company's finance department, Sabrix MTS' tax
experts, proven software, and best practices minimize the hassle, reduce
the costs, and limit audit exposure of sales tax compliance. The service
addresses the complete tax management process, including address
validation, tax rate maintenance, determination and calculation,
signature-ready return preparation as well as audit research and
documentation. Sabrix MTS is available as a subscription service, allowing
companies to pay based on their usage. Customers of Sabrix MTS benefit
from the millions of dollars invested in technology, security, tax
content and industry proven best practices for a simple subscription
price. More customer case studies and other information are available
online: http://www.sabrix.com/managedtaxservice

About Sabrix, Inc.

Sabrix, Inc. is a leading provider of transaction tax management for
companies of all sizes, enabling finance, tax, and IT professionals to
achieve accurate, timely, and cost-effective compliance for sales tax, use
tax, Value Added Tax (VAT), excise tax and industry-specific taxes and
fees. The Sabrix Application Suite(TM) serves global enterprises such as
Amazon.com, BASF, Cisco, DTE Energy, IBM and York International. The
Sabrix Application Suite seamlessly connects to all financial applications
requiring the determination, calculation, and recording of transaction
taxes. The company also offers the Sabrix Managed Tax Service(TM) (MTS),
an outsourced transaction tax compliance service that helps finance
departments of small-and-medium-sized businesses eliminate the hassle,
control their audit exposure, and reduce the total cost of sales tax, use
tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company's
existing accounting and e-commerce systems, and, similar to outsourced
payroll services, operates as a trusted extension of a company's finance
department to address tax compliance from start to finish: address
validation, tax rate maintenance, tax determination and calculation,
returns preparation and filing as well as audit research and
documentation. For more information, please visit http://www.sabrix.com.

Sabrix, Sabrix Application Suite, Sabrix Managed Tax Service and Sabrix
MTS are trademarks of Sabrix, Inc. All other company and product names are
trademarks or registered trademarks of their respective holders.

For press inquiries:
Aimee Quemuel
Codey Communications
415-753-9005
Email Contact

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