Sabrix Certified on Oracle9i Application Server

SAN RAMON, CA - June 16, 2003 — Sabrix, Inc. a leading provider of enterprise transaction tax software and U.S. and international tax research for Global 2000 companies, today announced its Certification on Oracle9 i Application Server. By certifying on Oracle9 i Application Server, The Sabrix System reaps the benefits of the lightweight J2EE engine and extended caching capabilities that allow companies to save on infrastructure costs by scaling with software instead of hardware.

"We are extremely pleased to have The Sabrix System enterprise transaction tax management application join the growing ranks of enterprise applications supported on Oracle9i Application Server," said Thomas Kurian, senior vice president, Oracle9 i Application Server Development. "Sabrix has leveraged the Oracle9i Application Server and Oracle Database technologies to build a leading-edge, high performance application providing U.S. and international transaction tax calculation to Oracle E-Business Suite 11i customers."

"The Sabrix System is deployed at several joint Sabrix and Oracle customer sites and our customers continue to comment on the remarkable performance and speed of Oracle9i Application Server," said Gary Allen, senior vice president, Sabrix Services and Support. "Oracle9i Application Server provides the performance, reliability, and security necessary to support even our most demanding enterprise customers, and it has been easy to install and configure, allowing us to deploy even more rapidly."

Sabrix has been an active member in the Oracle PartnerNetwork since 2001 and achieved Certified Partner Status for the Oracle E-Business Suite in February of this year. The Sabrix Solution, currently in deployment at several joint Oracle/Sabrix customer sites, also runs on Oracle9i Database.

About Oracle9i Application Server

Oracle solves the IT challenge of integrating fragmented middleware products to run an e-business by providing one product that can replace more than 12 separate point products from other vendors. Oracle9i Application Server features full J2EE support, built-in enterprise portal software, high-speed caching, business intelligence, rapid application development, application and business integration, web services and more, all in one package. Oracle's extensive investment in application server research and development has enabled the company to deliver a lightweight J2EE engine and extended caching capabilities that allow companies to save on infrastructure costs by scaling with software instead of hardware.

About Sabrix

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 serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman’s Warehouse, 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™ (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 www.sabrix.com.

For press inquiries:

Kurt Foeller
Foeller Communications
sabrix@foellercom.com

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Sabrix, Sabrix Managed Tax Service, and Consolidated Transaction Tax Management are trademarks of Sabrix, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.