SpeedTax Introduces Online Sales & Use Tax Software Solution for SAP ERP Customers

SAP ERP customers get access to an easy-to-use, affordable, technologically
advanced, and SST-certified sales & use tax solution
LAGUNA HILLS, Calif.--(Business Wire)--
SpeedTax, a provider of Software-as-a-Service (SaaS), fully-automated sales tax
management solutions, today announced a product that gives SAP ERP customers
access to the most technologically advanced, easy-to-use and affordable sales
tax calculation, returns and remittance solutions available today.

SpeedTax now offers a standard interface from SAP to SpeedTax, the proprietary
SAP Tax Bridge for SpeedTax, enabling true SaaS sales tax functionality for SAP
ERP customers. As a secure, fully-hosted solution, SpeedTax automatically
maintains all rate and taxability rules for goods and services, allowing
SpeedTax customers to spend less time on maintaining their system and more time
on value-added activities.

In addition, SpeedTax for SAP ERP introduces a new standard in address
validation, with addresses being validated to the rooftop level via
state-of-the-art geocoding technology, and matched against the U.S. Postal
Service system.

SpeedTax delivers the highest possible level of sales tax audit protection
through its status as a Streamlined Sales Tax Certified Solution Provider, one
of only four companies certified in the U.S. by the Streamlined Sales Tax
Governing Board. SAP customers who choose SpeedTax for SAP ERP are selecting a
sales tax solution that offers the maximum level of audit protection available
today.

The SpeedTax for SAP ERP solution is also priced differently than traditional
software solutions. Customers only pay for the SpeedTax service they use, on a
per-transaction basis, with no annual contracts and no hidden fees.

"SAP ERP customers now have access to SpeedTax - the most technologically
advanced, fully-integrated, and attractively priced sales tax solution available
today," said Anton Donde, SpeedTax CEO, and recent inductee into Accounting
Today`s Top 100 Most Influential People in Accounting. "We also want to announce
our partnership with LCR-Dixon, an expert provider of SAP tax solutions and
services. With their deep functional and technical expertise in SAP tax
integration, LCR-Dixon is our first choice for integrating SpeedTax with SAP.
SAP ERP customers are the ultimate beneficiaries, with a sales tax solution that
boasts much shorter time to deployment, the highest levels of accuracy,
reliability and customer service, and significant cost savings."

"SpeedTax has built a no-nonsense sales/use tax solution that is simple to use
and gets the job done," said Suzy Soo, co-founder of LCR-Dixon. "LCR-Dixon is
very pleased to be partnering with SpeedTax to implement this solution for
companies running on SAP."

About SpeedTax

A Software-as-a-Service (SaaS) solution, SpeedTax performs real-time, automated
sales tax calculations, integrates seamlessly with its customers` financial or
e-commerce systems, and provides automatic returns preparation and filing, while
enabling reporting, treasury management and audit defense with sophisticated,
web-based compliance management and reporting tools. SpeedTax helps businesses
of all sizes to accurately and affordably outsource the most tedious,
repetitious and time-consuming aspects of sales tax compliance - researching,
calculating, posting, reporting and remitting sales taxes - while simultaneously
acquiring the ability to better manage their business via online, real-time
access to sales tax data. For more information, visit www.speedtax.com.

About LCR-Dixon Corporation

LCR-Dixon Corporation is an expert provider of transaction tax automation
services and solutions. LCR-Dixon`s SAP solutions let our clients implement tax
solutions more efficiently and with the greatest flexibility and visibility.
LCR-Dixon offers SAP tax reporting solutions, SAP data management tools and
pre-developed ABAP solutions to optimize the integration between SAP and
SpeedTax. Our clients include numerous global, Fortune 500 companies and we are
a proud partner of SpeedTax. LCR-Dixon is headquartered in San Francisco,
California. For more information, visit www.lcrdixon.com.

For more information on SpeedTax on-demand services, visit www.speedtax.com,
call us at 888.349.2441, or contact us via email at pr@speedtax.com.

SpeedTax
Brian Austin, Director of Public Relations
949-215-1177 (Office)
707-799-9838 (Mobile)
brianaustin@speedtax.com

Copyright Business Wire 2009