Sabrix is the First Transaction Tax Vendor to Achieve Validated Integration with Oracle E-Business Suite

SAN RAMON, Calif. – November 20, 2006 — Sabrix™, Inc., the leading provider of transaction tax management solutions, announces that Oracle has validated the integration between the Sabrix Application Suite and the Oracle® E-Business Suite, via the Oracle® PartnerNetwork Application Integration Initiative. This validation demonstrates Sabrix’s continued commitment to address the needs of Oracle E-Business Suite customers and helps ensure that Sabrix’s integration with Oracle complies with the highest available functional and technical standards in the market. Sabrix is the first transaction tax company to achieve a validated integration with Oracle E-Business Suite.

Expanding on Sabrix’s long-standing status as a Certified Partner in Oracle PartnerNetwork, this latest validation helps ensure that the integration between Sabrix and Oracle E-Business has been tested and validated as functionally and technically sound and adheres to reliable standards. Already successfully deployed in some of the world’s largest corporations to address complex sales and use tax and value-added tax (VAT) compliance, the integration validation helps alleviate integration headaches for customers and rapidly delivers business value with quicker implementation, improved risk management, and smoother upgrade capability—all leading to a lower total cost of ownership.

“The validated integration of Sabrix’s transaction tax management solution with Oracle E-Business Suite delivers a virtually seamless platform to accurately and efficiently manage sales and use tax, and VAT,” said Tom Herrmann, vice president, ISV Management and Programs at Oracle. “With a fully automated transaction tax solution from Sabrix, Oracle users can eliminate tax decisions being made by sales, purchasing or accounting staff with confidence.”

“As a long-standing Oracle Certified Partner, maintaining the most recent Oracle validation is important to Sabrix and its customers,” stated Pam Kostka, vice president, product marketing for Sabrix. “By being the first transaction tax company to achieve this validation we also demonstrate our ongoing commitment to Oracle customers, as well as our commitment to being the technology leader in this market. This validation from Oracle helps ensure that the Sabrix Application Suite will integrate in an Oracle environment, enabling customers to quickly achieve their business objectives.”

The Oracle PartnerNetwork Application Integration Initiative gives customers confidence that integrations between Oracle Applications and complementary ISV solutions have been validated and the products work together as designed. This can reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. This initiative is available to qualifying partners in the Oracle PartnerNetwork, and applies a rigorous technical process to validate the integrations of third-party software to Oracle Applications products. Oracle (NASDAQ GS: ORCL) provides tools, resources and training to assist partners in the integration. Partners who have successfully validated their integrations are authorized to use the “Integrated with Oracle” logo. For more information, please visit Oracle.com athttp://www.oracle.com/partnerships/isv/integration/search.html.

About the Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 18,300 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world’s largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Oracle Certified Partner levels. http://oraclepartnernetwork.oracle.com

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Headquartered in New York, Tax & Accounting has major operations in Dallas, Dexter (Michigan), London, Sydney, and Toronto, and offices in nine countries. For more information, go to http://thomsonreuters.com/products_services/taxacct/.

###
Sabrix and, Sabrix Managed Tax Service are trademarks of Thomson Reuters. 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
aimee@codeycommunications.com