Sabrix Announces Integration Certification With SAP® R/3

SAN RAMON, CA -July 14, 2003 — Sabrix, Inc., a leading provider of enterprise tax applications that lowers the total cost of tax compliance through the centralized management of indirect taxes, today announced certification of its integration with SAP® R/3® via the CA-TAX interface for Sales and Use Tax United States (US) and Canadian GST and sales tax. The Sabrix Application Suite includes a new offering, the SabrixConnection for SAP R/3, it is available immediately and is certified with SAP CA-TAX.

Working with the SAP Integration and Certification Center, Sabrix obtained certification for the SabrixConnection interface with SAP R/3 Release 4.6. Certification with SAP CA-TAX helps ensure that SAP customers have a supported solution that further unlocks the value of SAP R/3 for automating transaction taxes for the US Sales and Use Tax and Canadian Taxes.

For global enterprises that are centralizing worldwide financial systems, the Sabrix Application Suite can be used to centralize all domestic and international tax determination, calculation and reporting on a single platform. Sabrix is committed to further empower tax professionals by ensuring complete visibility and control over indirect taxes, eliminating risks and exposures, facilitating strategic planning and optimization, and delivering a guaranteed return on their technology investment.

"We are pleased to have an integration to SAP solutions for companies that demand a solution integrated with SAP R/3," said Carolyn Layne, senior vice president, Marketing, Sabrix Inc. "SAP customers now have a certified option with Sabrix for Sales and Use Tax Management and Sabrix Tax Research for the US and Canada, as well as a platform for centralized, global management of all indirect taxes".

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.