Sabrix to release version 4.1 of The Sabrix System with expanded capabilities and the most scalable architecture in the industry.

Mar 1, 2003 — Sabrix, the leading provider of global transaction tax software and world class tax research, released the latest version of its industry leading enterprise software, The Sabrix System version 4.1. The new version offers an enhanced new look and feel, a new financial dashboard for finance executives to have a portal into all transaction tax information, as well as enhanced exemption certificate and reporting capabilities. The Sabrix System, the industries leading centralized transaction tax solution, can be integrated with all enterprise business applications requiring tax determination, calculation and recording across a global company. Based on J2EE technology, the advanced scalable architecture of The Sabrix System makes it the only solution in the marketplace capable of meeting the high thru put requirements of large, enterprise class customers.

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.