Sabrix MTS Eliminates Manual Processes Associated with Updating Tax Tables, Calculating Transactions, Completing Returns and Preparing Reports

San Ramon, CA October 30, 2007 — Sabrix, Inc., the proven experts in transaction tax management solutions for companies of all sizes, today announced the integration of Sabrix Managed Tax Service (MTS) with Microsoft Dynamics GP®. Great Plains customers can now eliminate the hassle, limit the audit exposure, and reduce the cost of sales and use tax compliance with Sabrix MTS.

Installed within minutes, the real-time integration allows Sabrix MTS to operate invisibly behind Dynamics GP to automate sales and use tax determination and calculation, and to enable finance executives to outsource their entire tax compliance process. The integration replaces the manual tax schedule maintenance and tax rate updates within Dynamics GP with a simple pointer to Sabrix MTS that provides access to not only up-to-date rates for 13,184 tax authorities, but also real-time tax determination and calculation. It is designed for minimal disruption to a company’s existing quote-to-cash and procure-to-pay business processes, eliminating the need to re-train employees. The integration includes support for standard orders, mixed-use orders, bill of materials, purchase and sales side credits, purchase orders, invoicing and more. Sabrix MTS also offers Dynamics GP customers signature-ready returns preparation and detailed audit reports, including visibility into line-item tax detail at the document level.

Sabrix collaborated on the integration with Armanino McKenna LLP, one of California’s top public accounting firms. As a Microsoft-certified solution partner and top reseller of Dynamics GP, Armanino McKenna’s real-word experience with over 100 Dynamics GP clients ensured that the Sabrix integration was designed and built with broad applicability and support across a diverse set of customers and industries. The easy-to-implement integration supports Dynamics GP interface standards and is optimized for performance.

“Historically, Microsoft Dynamics GP customers have only had solutions that address pieces of the tax compliance puzzle,” said Tom Mescall, partner at Armanino McKenna. “Sabrix MTS is the first and only complete, end-to-end solution. It is designed specifically to meet the unique needs of mid-market companies by combining tax expertise with software automation in an affordable, pay-for-use service that completely eliminates the hassle of sales and use tax compliance. And Sabrix’s commitment to the highest quality solutions and focus on world-class customer service sets them apart among offerings in the Microsoft ISV community. CFOs that use Dynamics GP would be remiss to not investigate use of this service.”

“Sabrix’s tax experts led us through a set up process that was quick and easy. My finance team was instantly able to offload tax rate updates, tax determination and calculation, returns preparation, and reporting,” said Thorsten Weis, CFO of Stulz Air Technology Systems Inc. “Sabrix MTS works behind the scenes of our Dynamics GP application to assure that our tax compliance needs are met, allowing us to focus on other initiatives that are core to our business.”

For more information, please visit: www.sabrix.com/dynamicsgp

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